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Falling Spring, WV Housing

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As of 2010-2014, median price of a house in Falling Spring is $72,500, which is lower than the state average of $100,200 and is much lower than the national average of $175,700. The Falling Spring median house value has grown by 47.36% since 2000. The growth rate for the price of a house in Falling Spring is higher than the state average rate of 37.64% and is about the same as the national average rate of 46.91%. The median year that a house in Falling Spring was built is 1964, which is older than the median year for a house built in the state which is 1973 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 68 Owner Occupied Houses in Falling Spring, WV, #224

Falling Spring, WV	72,500 USD
West Virginia	100,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #104

Falling Spring, WV	47.36%
West Virginia	37.64%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Falling Spring, WV	West Virginia	U.S.
Total Housing Units	145, see rank, 100%	883,197	132,741,033
Occupied Housing Units	111, 76.55%, see rank	84.05%	87.55%
Owner Occupied	68, 46.90%, see rank	61.32%	56.34%
Renter Occupied	43, 29.66%, see rank	22.73%	31.21%
Vacant Housing Units	34, 23.45%, see rank	15.95%	12.45%
For Rent	2, 1.38%, see rank	1.96%	2.34%
For Sale Only	2, 1.38%, see rank	1.25%	1.20%
Rented or Sold, Not Occupied	4, 2.76%, see rank	1.23%	0.92%
For Seasonal, Recreational, or Occasional Use	24, 16.55%, see rank	5.10%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	2, 1.38%, see rank	6.38%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #164

Falling Spring, WV	West Virginia	U.S.
1964	1973	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Falling Spring, WV	%	West Virginia	U.S.
Owner-Occupied Units	68	100%	541,607	74,787,460
With a Mortgage	27	39.71%, see rank	48.57%	65.58%
Without a Mortgage	41	60.29%, see rank	51.43%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Falling Spring, WV	650 USD
West Virginia	971 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Falling Spring, WV	%	West Virginia	U.S.
$299 or Less	0	0.00%, see rank	0.59%	0.20%
$300 to $499	2	7.41%, see rank	5.60%	1.59%
$500 to $699	17	62.96%, see rank	16.18%	5.01%
$700 to $999	2	7.41%, see rank	30.40%	14.32%
$1,000 to $1,499	5	18.52%, see rank	28.83%	27.90%
$1,500 to $1,999	1	3.70%, see rank	10.91%	20.35%
$2,000 to $2,999	0	0.00%, see rank	6.04%	19.52%
$3,000 or More	0	0.00%, see rank	1.46%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Falling Spring, WV	14.80% of the Total Income
West Virginia	19.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Falling Spring, WV	%	West Virginia	U.S.
10% or Less	1	3.70%, see rank	10.72%	5.86%
10% to 20%	15	55.56%, see rank	41.26%	31.95%
20% to 30%	7	25.93%, see rank	23.52%	27.64%
30% to 40%	0	0.00%, see rank	10.28%	13.74%
40% or More	4	14.81%, see rank	13.74%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Falling Spring, WV	328 USD
West Virginia	292 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Falling Spring, WV	%	West Virginia	U.S.
$199 or Less	6	14.63%, see rank	21.89%	7.76%
$200 to $299	10	24.39%, see rank	30.80%	14.70%
$300 to $499	18	43.90%, see rank	36.51%	34.63%
$500 to $699	7	17.07%, see rank	8.05%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Falling Spring, WV	10.00% of the Total Income
West Virginia	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Falling Spring, WV	%	West Virginia	U.S.
10% or Less	27	65.85%, see rank	51.65%	40.19%
10% to 20%	4	9.76%, see rank	28.82%	31.47%
20% to 30%	2	4.88%, see rank	9.71%	12.24%
30% to 40%	0	0.00%, see rank	3.57%	5.64%
40% or More	8	19.51%, see rank	5.00%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Falling Spring, WV	West Virginia	U.S.
Total Housing Units	145, 100%	883,197	132,741,033
1-unit, Detached	123, 84.83%, see rank	70.53%	61.65%
1-unit, Attached	0, 0.00%, see rank	2.00%	5.82%
2 Units	0, 0.00%, see rank	2.18%	3.75%
3 or 4 Units	0, 0.00%, see rank	2.80%	4.43%
5 to 9 Units	0, 0.00%, see rank	2.95%	4.78%
10 or More Units	0, 0.00%, see rank	4.17%	13.08%
Mobile Home, Boat, RV, Van, etc.	22, 15.17%, see rank	15.37%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Falling Spring, WV	West Virginia	U.S.
Total Housing Units	145, 100%	883,197	132,741,033
1 Room	0, 0.00%, see rank	1.48%	1.95%
2 Rooms	0, 0.00%, see rank	1.41%	2.48%
3 Rooms	4, 2.76%, see rank	5.59%	9.13%
4 Rooms	5, 3.45%, see rank	15.81%	16.60%
5 Rooms	33, 22.76%, see rank	22.26%	20.41%
6 Rooms	33, 22.76%, see rank	20.46%	18.06%
7 Rooms	59, 40.69%, see rank	13.94%	12.27%
8 Rooms	10, 6.90%, see rank	9.00%	8.48%
9 Rooms or More	1, 0.69%, see rank	10.07%	10.60%
Median Rooms	6.40, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Falling Spring, WV	West Virginia	U.S.
Total Housing Units	145, 100%	883,197	132,741,033
No Bedroom	0, 0.00%, see rank	1.59%	2.17%
1 Bedroom	7, 4.83%, see rank	7.38%	11.16%
2 Bedrooms	23, 15.86%, see rank	28.65%	26.69%
3 Bedrooms	59, 40.69%, see rank	46.46%	39.70%
4 Bedrooms	50, 34.48%, see rank	12.87%	16.05%
5 or More Bedrooms	6, 4.14%, see rank	3.04%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Falling Spring, WV	West Virginia	U.S.
Total Housing Units	111, 100%	742,359	116,211,092
Utility Gas	7, 6.31%, see rank	41.48%	48.85%
Bottled, Tank, or LP Gas	5, 4.50%, see rank	4.38%	4.86%
Electricity	20, 18.02%, see rank	42.94%	36.68%
Fuel Oil, Kerosene, etc.	52, 46.85%, see rank	3.16%	5.86%
Coal or Coke	3, 2.70%, see rank	0.66%	0.12%
Wood	14, 12.61%, see rank	6.53%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	10, 9.01%, see rank	0.63%	0.47%
No Fuel Used	0, 0.00%, see rank	0.19%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Falling Spring, WV	West Virginia	U.S.
Occupied Units Paying Rent	41, 100%	168,111	39,201,928
$199 or Less	0, 0.00%, see rank	3.21%	1.50%
$200 to $299	0, 0.00%, see rank	6.58%	3.18%
$300 to $499	1, 2.44%, see rank	18.98%	7.37%
$500 to $699	1, 2.44%, see rank	32.07%	16.01%
$700 to $999	39, 95.12%, see rank	27.23%	29.17%
$1,000 to $1,499	0, 0.00%, see rank	9.95%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.35%	9.79%
$2,000 or More	0, 0.00%, see rank	0.62%	6.10%
Median	$774, see rank	$630	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Falling Spring, WV	West Virginia	U.S.
Occupied Housing Units	111, 100%	742,359	116,211,092
No Vehicles Available	2, 1.80%, see rank	8.67%	9.12%
1 Vehicles Available	61, 54.95%, see rank	35.56%	33.80%
2 Vehicles Available	27, 24.32%, see rank	37.42%	37.48%
3 or More Vehicles Available	21, 18.92%, see rank	18.35%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.