Falmouth, VA Real Estate
According to census data in the year 2000 there were 1,401 housing units in Falmouth.
This represents a 8.9% growth from 1,286 in 1990.
Of those housing units, 1,375 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Falmouth is about 72.4%.
Falmouth's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Falmouth were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||6.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1974|
|Median Value of occupied units||$133,700|
|Median Price asked for vacant units||$155,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.97|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$575|
Owners Finance Status
|Second Mortgage & Equity Loan||1.50%|
|Home Equity Loan||8.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.6%|