A typical Falcon home is worth roughly $204,000
What kind of housing town is Falcon?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Falcon
Try your own numbers below.
That covers a typical Falcon home, with $86K to spare.
A two-bedroom rents for about $1,120 a month here, $60 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the North Carolina typical property tax (0.66% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,120
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fayetteville, NC HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
78% of Falcon households own their home
Half of Falcon’s homes were built before 1985.
North Carolina: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Falcon buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.