Home prices
The median home in Falling Water is valued at $238,400. Compared to other places in this area it is roughly $56,100 (19%) lower.In comparison to the rest of the country it is about $20,900 (9%) higher, and it is roughly $55,500 (30%) higher in comparison to the city of Huntsville.
Rents
The median monthly rent in Falling Water is $917. It is approximately $239 (20%) lower in comparison to nearby areas.In comparison to the United States as a whole it is roughly $145 (13%) lower, and it is roughly $90 (10%) higher in comparison to the city of Huntsville.
Nearby places
Walden
Walden is Falling Water's neighbor to the southwest. Its housing prices are substantially more expensive. The median home in Walden costs $412,900, which is $174,500 (42%) higher than Falling Water. The rent there is a bit more expensive. In Walden the median monthly rent is $1,175, which works out to $258 (21%) higher than Falling Water.
Middle Valley
Middle Valley is roughly 3 miles east from Falling Water. Housing prices there are substantially less expensive. The median home value in Middle Valley is $171,500, which works out to $66,900 (39%) lower than Falling Water. The rent there is similar. Middle Valley's median monthly rent is $877, which is $40 (4%) lower than Falling Water.
Fairmount
Fairmount is roughly 3 miles west from Falling Water. Its real estate prices are significantly more expensive. The median home in Fairmount is valued at $380,200, which comes out to $141,800 (37%) higher than Falling Water. Rent there is somewhat more expensive. Fairmount's median rent is $1,063 per month, which comes out to $146 (13%) higher than Falling Water.
Lone Oak
Lone Oak is approximately 5 miles west of Falling Water. Its housing prices are significantly less expensive. The price of the median home in Lone Oak is $162,000, which comes out to $76,400 (47%) lower than Falling Water. Rent there is a little less expensive. Lone Oak's median monthly rent is $725, which works out to $192 (26%) lower than Falling Water.
Signal Mountain
Signal Mountain is about 5 miles southwest from Falling Water. Its real estate prices are a little more expensive. The median home price in Signal Mountain is $345,900, which comes out to $107,500 (31%) higher than Falling Water. Rent there is substantially more expensive. In Signal Mountain the median rent is $1,938 a month, which works out to $1,021 (52%) higher than Falling Water.