Short Sale Listings in Falkville, AL

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Foreclosure Homes in Falkville, AL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Falkville, AL area at Get information on foreclosure homes for rent, how to buy foreclosures in Falkville, AL and much more. Save thousands at closing with home foreclosure listings in Falkville, AL — up to 75% off market value!

Top Reasons To Live In Falkville, AL In 2023

Falkville is located in Morgan, Alabama, with an estimated municipal population of 1,257 residents. All of the best foreclosed homes for sale in Falkville are located in the following zip code areas on 35622. The estimated population per square kilometer (.62 miles) in Falkville is 128.

Cost Of Living In Falkville, AL

So, about how much do homes cost in Falkville? The most recent median value of resident-owned homes in Falkville is 88,028. An estimated 71.2 percent of households in Falkville own their homes, with an average family size of 3.22. The median household income in Falkville is 42,813, with12.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Falkville, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Falkville? If so, the average rent price paid by renters in Falkville is 692, according to recent statistics.

Diversity And Demographics In Falkville, Alabama

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Falkville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Falkville is 51.1, split between 47 percent male versus 53 female. The percentage of residents who report being married in Falkville is 42.8, with an average family size of 3.22.

The percentage of residents who report their race in Falkville is as follows:

White 94%
Black / African American 2.9%
Asian 0%
American Indian / Alaskan Native 2.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Falkville? Or maybe you are searching for 55+ active adult communities in and/or near Falkville?

The percentage of residents who report their age in Falkville is as follows:

Under 10 6.3%
Aged 10-19 11.2%
20s 10.4%
30s 13.9%
40s 7.7%
50s 12.8%
60s 13%
70s 11.3%
80+ 13.4%

Best Schools In Falkville, Alabama

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Falkville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Falkville.

Pros And Cons Of Living In Falkville, Alabama

How do you know that living in -- or moving to -- Falkville is right where you need to be? Perhaps you grew up in Falkville or already live nearby; therefore, the decision to buy a home in Falkville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Falkville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Falkville:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Falkville.

Reasons To Move To Falkville, Alabama, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Falkville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Falkville, meanwhile, can field multiple offers from more qualified buyers.

Falkville, AL Short Sale Listings


Listing types in Falkville, AL

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