Falls City, NE Real Estate

According to census data in the year 2000 there were 2,242 housing units in Falls City. This represents a 3.1% decline from 2,314 in 1990.

Of those housing units, 2,054 were located in either urbanized areas or urban clusters, and 188 were located in what is classified as a rural area.

Homeownership rate in Falls City is about 70.7%. Falls City's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Falls City were built after 1939.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.60%
Two Bedrooms36.10%
Three Bedrooms31.10%
Four Bedrooms13.30%
Five Bedrooms or more5.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1939
Median Value of occupied units$42,500
Median Price asked for vacant units$35,600

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1946
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage1.70%
Home Equity Loan3.40%
Simple Mortgage34.40%
Debt Free59.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%