Home prices
The median home value in Falcon is $33,800. It is about $17,180 (33%) lower compared to its surrounding areas.It is approximately $183,700 (84%) lower compared to the country as a whole, and in comparison to the city of Memphis it is about $68,000 (66%) lower.
Rents
The median monthly rent in Falcon is $753. In comparison to the surrounding areas this is about $210 (38%) higher.It is about $309 (29%) lower compared to the country as a whole, and compared to the city of Memphis is about $148 (16%) lower.
Nearby places
Sledge
Sledge is approximately 3 miles northeast of Falcon. The real estate prices there are a little more expensive. The value of the median home in Sledge is $47,800, which is $14,000 (29%) higher than Falcon. Rent there is a little less expensive. In Sledge the median monthly rent is $696, which is $57 (8%) lower than Falcon.
Crenshaw
Crenshaw is approximately 8 miles north of Falcon. Its housing prices are a lot more expensive. The median home value in Crenshaw is $50,200, which works out to $16,400 (32%) higher than Falcon. The rent there is similar. In Crenshaw the median rent is $755 a month, which is very similar to Falcon.
Marks
Marks is approximately 10 miles south from Falcon. The real estate prices there are substantially more expensive. The median home in Marks is valued at $67,800, which is $34,000 (50%) higher than Falcon. Rents there are a little less expensive. Marks's median monthly rent is $611, which is $142 (23%) lower than Falcon.
Jonestown
Jonestown is about 11 miles southwest from Falcon. The real estate prices there are a little more expensive. The median home value in Jonestown is $42,100, which is $8,300 (19%) higher than Falcon. The rent there is substantially less expensive. In Jonestown the median monthly rent is $388, which works out to $365 (94%) lower than Falcon.
Lula
Lula is about 12 miles northwest from Falcon. The housing prices there are somewhat more expensive. Lula's median home cost is $47,000, which is $13,200 (28%) higher than Falcon. The rent there is substantially less expensive. The median monthly rent in Lula is $264, which is $489 (185%) lower than Falcon.
