Falmouth, KY Real Estate
According to census data in the year 2000 there were 990 housing units in Falmouth.
This represents a 11.1% decline from 1,114 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 990 were located in what is classified as a rural area.
Homeownership rate in Falmouth is about 62%.
Falmouth's vacancy rate, including seasonal lodging, is about 13.6%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Falmouth were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 17.80% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 36.80% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $71,000 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $370 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 46.60% |
| Debt Free | 41.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
