Home prices
The median home in Falmouth is valued at $319,700. It is about $24,100 (8%) higher compared to its nearby areas.In comparison to the rest of the nation it is approximately $102,200 (46%) higher, and is about $281,800 (46%) lower compared to the city of Washington.
Rents
The median monthly rent in Falmouth is $996. In comparison to other places in this area this is approximately $615 (38%) lower.In comparison to the rest of the country it is about $66 (6%) lower, and is about $545 (35%) lower compared to the city of Washington.
Nearby places
Fredericksburg
Fredericksburg is Falmouth's neighbor to the southwest. Real estate prices there are somewhat more expensive. The median home in Fredericksburg costs $367,200, which works out to $47,500 (12%) higher than Falmouth. The rent there is a little more expensive. Fredericksburg's median monthly rent is $1,258, which comes out to $262 (20%) higher than Falmouth.
Southern Gateway
Southern Gateway is approximately 2 miles northwest of Falmouth. Housing prices there are substantially less expensive. Southern Gateway's median home value is $234,300, which comes out to $85,400 (36%) lower than Falmouth. Rent there is substantially more expensive. Southern Gateway's median monthly rent is $1,578, which is $582 (36%) higher than Falmouth.
Stafford Courthouse
Stafford Courthouse is approximately 6 miles north from Falmouth. The housing prices there are a bit less expensive. Stafford Courthouse's median home value is $285,900, which comes out to $33,800 (11%) lower than Falmouth. The rent there is a bit more expensive. The median rent in Stafford Courthouse is $1,424 per month, which comes out to $428 (30%) higher than Falmouth.
Aquia Harbour
Aquia Harbour is roughly 9 miles northeast from Falmouth. Housing prices there are somewhat more expensive. The cost of the median home in Aquia Harbour is $341,300, which works out to $21,600 (6%) higher than Falmouth. Rent there is substantially more expensive. In Aquia Harbour the median monthly rent is $2,160, which comes out to $1,164 (53%) higher than Falmouth.
Spotsylvania Courthouse
Spotsylvania Courthouse is about 10 miles southwest from Falmouth. The real estate prices there are a little less expensive. The median home in Spotsylvania Courthouse costs $249,300, which is $70,400 (28%) lower than Falmouth. The rent there is a lot more expensive. The median rent in Spotsylvania Courthouse is $1,633 per month, which comes out to $637 (39%) higher than Falmouth.