Zip 35622 (Falkville, AL) Housing

The housing value in 35622 Falkville, AL is much lower than the national average at $167,200. However, house appreciation in this area has been higher than the national rate of 8.27%, at 15.32%, meaning homes are increasing in value faster than most other areas of the country. Investing in real estate here could be an attractive option for those looking to get a good financial return on their investment.

The median home cost in Falkville (zip 35622) is $167,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Falkville (zip 35622) is up 19.8%.

Average Age of Homes

- The median age of Falkville (zip 35622) real estate is 32 years old

The Rental Market in Falkville (zip 35622)

- Renters make up 17.4% of the Falkville (zip 35622) population
- 1.4% of houses and apartments in Falkville (zip 35622), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Falkville, Alabama	United States
	2,931.0	139,647,020.0
	32	42
	$167,200	$338,100
	19.8%	16.6%
	62.1%	57.0%
	74.6%	101.1%
	$3.62	$10.98
	$419	$2,690
	59.1%	57.4%
	16.0%	11.2%
	24.9%	31.4%
Vacant Housing
	1.4%	1.9%
	1.0%	0.4%
	1.0%	0.7%
	1.9%	0.4%
	0.6%	3.6%
	10.1%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	3.4%	2.4%
	15.6%	2.8%
	17.2%	3.9%
	5.1%	4.5%
	17.7%	11.3%
	19.5%	13.0%
	13.2%	20.1%
	2.5%	13.6%
	1.8%	8.3%
	2.1%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.8%	13.6%
	17.8%	13.6%
	20.8%	13.6%
	14.2%	13.2%
	11.9%	14.8%
	20.8%	13.6%
	7.2%	10.0%
	5.5%	4.7%
	4.1%	12.2%

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