Zip 15840 (Falls Creek, PA) Housing

The housing market in Falls Creek, PA is a promising one. According to the data, the median value of a house in this area is $105,200, which is significantly lower than the U.S. median value of $338,100. Furthermore, the 1 year appreciation rate for homes in Falls Creek was 10.35%, higher than the national average of 8.27%. This indicates that real estate investment in this area could have very positive returns in the near future and makes it an attractive option for potential homeowners and investors alike.

The median home cost in Falls Creek (zip 15840) is $105,200. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Falls Creek (zip 15840) is up 14.3%.

Average Age of Homes

- The median age of Falls Creek (zip 15840) real estate is 62 years old

The Rental Market in Falls Creek (zip 15840)

- Renters make up 26.3% of the Falls Creek (zip 15840) population
- 1.0% of houses and apartments in Falls Creek (zip 15840), 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	Falls Creek, Pennsylvania	United States
	842.0	139,647,020.0
	62	42
	$105,200	$338,100
	14.3%	16.6%
	43.1%	57.0%
	51.5%	101.1%
	$14.69	$10.98
	$1,328	$2,690
	70.3%	57.4%
	12.0%	11.2%
	17.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	3.0%	0.7%
	0.0%	0.4%
	3.3%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	5.2%	2.4%
	10.6%	2.8%
	25.5%	3.9%
	17.4%	4.5%
	14.0%	11.3%
	6.4%	13.0%
	10.6%	20.1%
	4.9%	13.6%
	1.5%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	7.6%	13.6%
	4.9%	13.2%
	18.6%	14.8%
	7.6%	13.6%
	13.8%	10.0%
	12.1%	4.7%
	25.5%	12.2%

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