Home prices
The value of the median home in Falls Village is $272,100. In comparison to its surrounding areas it is about $23,620 (7%) lower.It is roughly $54,600 (25%) higher compared to the nation as a whole, and is approximately $333,900 (55%) lower in comparison to the city of New York.
Rents
The median rent in Falls Village is $1,100 a month. It is about $86 (8%) higher compared to other places in this area.In comparison to the nation as a whole it is approximately $38 (3%) higher, and compared to the city of New York it is roughly $343 (23%) lower.
Nearby places
Lakeville
Lakeville is roughly 3 miles west of Falls Village. Real estate prices there are somewhat more expensive. Lakeville's median home value is $337,100, which comes out to $65,000 (19%) higher than Falls Village. The rent there is pretty similar. Lakeville's median monthly rent is $1,114, which works out to $14 (1%) higher than Falls Village.
Canaan
Canaan is roughly 5 miles north of Falls Village. The housing prices there are significantly less expensive. The price of the median home in Canaan is $170,300, which is $101,800 (59%) lower than Falls Village. Rents there are a little more expensive. In Canaan the median monthly rent is $1,277, which works out to $177 (13%) higher than Falls Village.
Millerton
Millerton is roughly 6 miles west from Falls Village. Housing prices there are a little less expensive. The median home in Millerton is valued at $242,500, which comes out to $29,600 (12%) lower than Falls Village. Rents there are a little less expensive. Millerton's median rent is $955 a month, which is $145 (15%) lower than Falls Village.
Sharon
Sharon is roughly 7 miles southwest of Falls Village. Its real estate prices are a lot more expensive. Sharon's median home value is $505,200, which works out to $233,100 (46%) higher than Falls Village. Its rents are somewhat less expensive. The median rent in Sharon is $1,036 per month, which comes out to $64 (6%) lower than Falls Village.
Norfolk
Norfolk is roughly 7 miles east of Falls Village. Real estate prices there are a little less expensive. The median home in Norfolk is valued at $223,500, which works out to $48,600 (21%) lower than Falls Village. Its rents are substantially less expensive. Norfolk's median monthly rent is $686, which is $414 (60%) lower than Falls Village.
