Much like the surrounding areas, it is a lot less expensive compared to the US as a whole. It's a lot less expensive compared to the city of Raleigh.
Home prices
The median home in Falcon costs $117,700. In comparison to its nearby areas this is approximately $4,540 (3%) lower.It is roughly $99,800 (45%) lower compared to the rest of the country, and compared to the city of Raleigh it is approximately $130,600 (52%) lower.
Rents
The median rent in Falcon is $870 per month. In comparison to its surrounding areas it is roughly $163 (23%) higher.It is about $192 (18%) lower in comparison to the United States as a whole, and in comparison to the city of Raleigh is about $251 (22%) lower.
Nearby places
Godwin
Godwin is roughly 1 mile northwest of Falcon. Housing prices there are somewhat more expensive. The median home in Godwin costs $125,000, which works out to $7,300 (5%) higher than Falcon. Rents there are somewhat less expensive. Godwin's median monthly rent is $825, which is $45 (5%) lower than Falcon.
Wade
Wade is about 4 miles southwest from Falcon. The housing prices there are a bit less expensive. The median home value in Wade is $93,800, which works out to $23,900 (25%) lower than Falcon. Rent there is a bit less expensive. The median rent in Wade is $775 a month, which is $95 (12%) lower than Falcon.
Plain View
Plain View is approximately 5 miles northeast of Falcon. The housing prices there are a bit more expensive. The median home value in Plain View is $152,300, which comes out to $34,600 (22%) higher than Falcon. Rent there is substantially less expensive. In Plain View the median rent is $525 a month, which is $345 (65%) lower than Falcon.
Linden
Linden is roughly 6 miles northwest from Falcon. Housing prices there are a little less expensive. The median home in Linden is valued at $108,700, which comes out to $9,000 (8%) lower than Falcon. The rent there is a bit less expensive. Linden's median monthly rent is $680, which is $190 (27%) lower than Falcon.
Dunn
Dunn is approximately 8 miles north of Falcon. Its real estate prices are somewhat more expensive. Dunn's median home value is $131,400, which is $13,700 (10%) higher than Falcon. The rent there is a bit less expensive. In Dunn the median monthly rent is $731, which comes out to $139 (19%) lower than Falcon.
