Zip 41040 (Falmouth, KY) Housing

The housing market in 41040 Falmouth, KY is on the rise. The median value of homes in this area is currently $146,100, which is significantly lower than the national median of $338,100. However, while the national home appreciation rate over the past year has been 8.27%, housing appreciation in Falmouth has been even higher at 14.21%. This signals an encouraging trend for potential homeowners in this area as home values are expected to continue appreciating over time.

The median home cost in Falmouth (zip 41040) is $146,100. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Falmouth (zip 41040) is up 15.5%.

Average Age of Homes

- The median age of Falmouth (zip 41040) real estate is 39 years old

The Rental Market in Falmouth (zip 41040)

- Renters make up 23.3% of the Falmouth (zip 41040) population
- 0.9% of houses and apartments in Falmouth (zip 41040), 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	Falmouth, Kentucky	United States
	3,441.0	139,647,020.0
	45	42
	$146,100	$338,100
	15.5%	16.6%
	54.2%	57.0%
	78.7%	101.1%
	$9.26	$10.98
	$1,079	$2,690
	57.6%	57.4%
	16.6%	11.2%
	25.8%	31.4%
Vacant Housing
	0.9%	1.9%
	3.3%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	1.8%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	6.9%	2.6%
	2.3%	2.4%
	6.8%	2.8%
	12.9%	3.9%
	14.4%	4.5%
	18.4%	11.3%
	18.4%	13.0%
	16.0%	20.1%
	1.1%	13.6%
	1.8%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.4%	13.6%
	12.4%	13.6%
	15.5%	13.6%
	13.8%	13.2%
	12.3%	14.8%
	15.5%	13.6%
	11.9%	10.0%
	5.6%	4.7%
	15.4%	12.2%

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