Falmouth, KY 41040 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Falmouth, KY—41040

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$205,000

3.0% YoY Growth

Household Income

$51,500

32.0% YoY Growth

Days on Market

1.0% Shorter YoY

Home Price Forecast

2.7%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Falmouth, KY

As of Dec '25, the median home price in Falmouth, KY is $205,000, with a year-over-year change of 3.0%. This indicates that home prices in Falmouth, KY are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$205,000	3.0%
Single Family	$205,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Falmouth, KY

Falmouth, KY lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.5%

1 Bedroom

18.6%

2 Bedrooms

28.9%

3 Bedrooms

47.5%

4 Bedrooms

1.7%

5+ Bedrooms

0.9%

Property Listings — Falmouth, KY

As of Dec '25, Realtor.com reports that the median days on market for a home in Falmouth, KY is 61. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$290,000	2.0%
Listing Count	19	100.0%
Listings as % of Homes	0.3%	100.0%
Days on Market	64	-1.0%

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Demographics — Falmouth, KY

As of the latest ACS Survey released in 2023, Falmouth, KY has a population of 7,000, which has decreased by -3.1% over the past 5 years. Falmouth, KY is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,000	-3.1%
% Under 18	20.4%	-8.5%
% Seniors	18.2%	32.8%
% WFH	5.2%	173.7%
% w/ College Degree	13.5%	64.6%

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As of the latest ACS Survey released in 2023, Falmouth, KY is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Falmouth, KY is hispanic, making up 1.5% of the population. Foreign-born residents account for 1.1% of the population in Falmouth, KY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.1%	-1.6%
% Black	1.1%	120.0%
% Hispanic	1.5%	-31.8%
% Asian	0.1%	-50.0%
% Foreign Born	1.1%	0.0%

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Mortgage and Risk — Falmouth, KY

According to HUD data as of 2023, there were 152 mortgage originations in Falmouth, KY, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Falmouth, KY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	152
% Conventional Loans	64.0%
% Government Loans	36.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Falmouth, KY

Falmouth, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	117
Total Units Section 8	86
% Rentals under Section 8	11.8%
% Occupied Section 8	92.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$860
2 Bedroom	N/A	N/A	$1,110
3 Bedroom	N/A	N/A	$1,470
4 Bedroom	N/A	N/A	$1,630

Falmouth, KY—41040

Key Metrics at a Glance

Home Price Trends — Falmouth, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Falmouth, KY

% of Rental Stock

Property Listings — Falmouth, KY

Demographics — Falmouth, KY

Race and Ethnicity

Mortgage and Risk — Falmouth, KY

Mortgages

Rentals and Section 8 — Falmouth, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Falmouth, KY

Home Price to Income Ratio

Falmouth, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Butler, KY

Berry, KY

Foster, KY

Demossville, KY

Brooksville, KY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$205,000
Median Household Income	$51,500

Falmouth, KY—41040

Key Metrics at a Glance

Home Price Trends — Falmouth, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Falmouth, KY

% of Rental Stock

Property Listings — Falmouth, KY

Demographics — Falmouth, KY

Race and Ethnicity

Mortgage and Risk — Falmouth, KY

Mortgages

Rentals and Section 8 — Falmouth, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Falmouth, KY

Home Price to Income Ratio

Falmouth, KY — ZIP Code Boundary Map

Nearby ZIP Codes

Butler, KY

Berry, KY

Foster, KY

Demossville, KY

Brooksville, KY

Frequently Asked Questions

What is the average home price in Falmouth, KY 41040?

How have home prices in Falmouth, KY 41040 changed over the past year?

What is the home price projection for Falmouth, KY 41040?

What are the demographics of Falmouth, KY 41040?

How long does it take homes to sell in Falmouth, KY 41040?

What is the average rent price in Falmouth, KY 41040?