Home prices
The median home in Falkner costs $60,800. Compared to nearby areas this is roughly $23,800 (28%) lower.Compared to the entire country it is approximately $156,700 (72%) lower, and is about $41,000 (40%) lower compared to the city of Memphis.
Rents
Falkner's median monthly rent is $528. In comparison to other places in this area this is is very similar.Compared to the rest of the nation it is approximately $534 (50%) lower, and in comparison to the city of Memphis is approximately $373 (41%) lower.
Nearby places
Ripley
Ripley is about 7 miles south of Falkner. Its housing prices are a lot more expensive. Ripley's median home price is $116,000, which works out to $55,200 (47%) higher than Falkner. Rent there is a little more expensive. In Ripley the median rent is $599 per month, which comes out to $71 (11%) higher than Falkner.
Walnut
Walnut is roughly 8 miles north from Falkner. The real estate prices there are somewhat more expensive. The median home in Walnut is valued at $68,800, which is $8,000 (11%) higher than Falkner. Its rents are a little less expensive. The median monthly rent in Walnut is $443, which works out to $85 (19%) lower than Falkner.
Ashland
Ashland is roughly 11 miles west of Falkner. Its real estate prices are a bit more expensive. The price of the median home in Ashland is $83,000, which is $22,200 (26%) higher than Falkner. Its rents are a little more expensive. The median rent in Ashland is $613 a month, which comes out to $85 (13%) higher than Falkner.
Blue Mountain
Blue Mountain is approximately 12 miles south of Falkner. Its real estate prices are a bit more expensive. The median home value in Blue Mountain is $68,600, which comes out to $7,800 (11%) higher than Falkner. Rent there is a little less expensive. The median monthly rent in Blue Mountain is $419, which works out to $109 (26%) lower than Falkner.
Snow Lake Shores
Snow Lake Shores is about 14 miles west from Falkner. Its housing prices are a little more expensive. The value of the median home in Snow Lake Shores is $86,600, which works out to $25,800 (29%) higher than Falkner. Its rents are a little more expensive. The median rent in Snow Lake Shores is $575 per month, which is $47 (8%) higher than Falkner.
