Falling Spring, WV Real Estate
According to census data in the year 2000 there were 118 housing units in Falling Spring.
This represents a 9.3% growth from 108 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.
Homeownership rate in Falling Spring is about 70.9%.
Falling Spring's vacancy rate, including seasonal lodging, is about 27.1%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Falling Spring were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.50% |
| Two Bedrooms | 35.60% |
| Three Bedrooms | 44.10% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $49,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1956 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 46.80% |
| Debt Free | 46.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
