Falkville, AL Real Estate

According to census data in the year 2000 there were 398 housing units in Falkville. This represents a 6.4% decline from 425 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 398 were located in what is classified as a rural area.

Homeownership rate in Falkville is about 70.9%. Falkville's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Falkville were built after 1968.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.80%
Two Bedrooms34.90%
Three Bedrooms51.30%
Four Bedrooms7.80%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1964
Median Value of occupied units$63,900
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1978
Median Monthly Rent asked for vacant units$333

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan3.20%
Simple Mortgage43.30%
Debt Free48.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15%