Falmouth MI Multi Family for Sale

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Falmouth Real Estate

The median home value in Falmouth, MI is $111,500. This is lower than the county median home value of $164,700. The national median home value is $338,100. The average price of homes sold in Falmouth, MI is $111,500. Approximately 75% of Falmouth homes are owned, compared to 23.08% rented, while 1.92% are vacant. Falmouth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Falmouth real estate agent to arrange a tour today!

Falmouth, Michigan has a population of 207. Falmouth is less family-centric than the surrounding county with 5.66% of the households containing married families with children. The county average for households married with children is 27.63%.

The median household income in Falmouth, Michigan is $24,423. The median household income for the surrounding county is $50,695 compared to the national median of $69,021. The median age of people living in Falmouth is 41.8 years.

Falmouth Weather

The average high temperature in July is 80.3 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 31.8 inches per year, with 68.2 inches of snow per year.

Falmouth Real Estate Market Conditions

  • Median sales price

    $111,500
    19.8% change since last quarter
  • # Active listings

    2
    30-day change

Falmouth Schools and Demographics

Education near Falmouth, MI

Metric City County
High School Graduates 77.94 90.16
College Degree - 2 year 2.94 11.44
College Degree - 4 year 11.77 15.22
Graduate Degree 0 3.42
Expenditures per Student 11,303 11,303
Students per Teacher 18 18

Elementary Schools near Falmouth, MI

School Grades Students P/T Ratio ZIP
Collins Elementary School PK - 03 369 13.8 48629
Lake City Elementary School KG - 05 508 19 49651
Marion Elementary School KG - 05 250 16.1 49665
McBain Elementary School PK - 04 399 18.1 49657

Middle Schools near Falmouth, MI

School Grades Students P/T Ratio ZIP
Houghton Lake Middle School 04 - 07 381 15.1 48629
Lake City Lower Elementary School KG - 02 260 21 49651
Lake City Middle School 06 - 08 267 16.2 49651
McBain Middle School 05 - 08 310 20.2 49657

High Schools near Falmouth, MI

School Grades Students P/T Ratio ZIP
Houghton Lake High School 08 - 12 595 18.5 48629
Lake City High School 09 - 12 340 20.5 49651
Marion High School 06 - 12 261 16.1 49665
McBain High School 09 - 12 298 21.8 49657

Ungraded Schools near Falmouth, MI

School Grades Students P/T Ratio ZIP
* Houghton Lake Adult Education 09 - 12 17 2.9 48629

Demographics near Falmouth, MI

Metric City County
Neighborhood Type Small town
Population 207 15,038
Population Density 78 27
Median Age 41.8 42.5
People per Household 2 2.5
Median Household Income 24,423 50,695
Average Income per Capita 18,288 25,856