Falls Church, VA Real Estate
According to census data in the year 2000 there were 4,725 housing units in Falls Church.
This represents a 1.2% growth from 4,668 in 1990.
Of those housing units, 4,725 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Falls Church is about 60.5%.
Falls Church's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Falls Church were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.10% |
| One Bedroom | 18.90% |
| Two Bedrooms | 22.60% |
| Three Bedrooms | 31.30% |
| Four Bedrooms | 16% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $277,100 |
| Median Price asked for vacant units | $272,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $1,064 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 11.70% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 53.30% |
| Debt Free | 23.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
