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Falls City, OR Real Estate


According to census data in the year 2000 there were 360 housing units in Falls City. This represents a 13.2% growth from 318 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 360 were located in what is classified as a rural area.

Homeownership rate in Falls City is about 77.9%. Falls City's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Falls City were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type6.40%
One Bedroom2.50%
Two Bedrooms29.20%
Three Bedrooms44.20%
Four Bedrooms15.60%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1961
Median Value of occupied units$96,900
Median Price asked for vacant units$115,000

Rented Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1968
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage6.10%
Home Equity Loan7.30%
Simple Mortgage60.40%
Debt Free25%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23%