Real Estate Investing in Falkville, Alabama

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 6,532 • Morgan County

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Should you buy in Falkville, AL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 14.0% of homes vacant — above national norms.
  • Elevated poverty: 21.8% poverty rate — can affect rent collection.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.69% as of Aug 6 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $210,761
Avg Monthly Rent $909
ZIP Codes 1

Investing in Falkville Real Estate

Across Falkville's 1 ZIPs, the picture is thin: $211K median values, $909/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Falkville is in that category.

The $909/mo / $211K relationship in Falkville looks tepid once vacancy and capex are incorporated into underwriting. appears to the realized yield tends to disappoint.

Distressed-leaning demographics in Falkville — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Decatur, AL

Falkville is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$210,761
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (AL)

📉 Market Crash Risk Index

Based on Decatur, AL metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
1/2
57 days

View all metro crash risk rankings →

❄️ Cool Market — Decatur, AL metro
57
Days to pending
10.3%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of July 25, 2026 — updated weekly

ZIP Codes in Falkville, AL

Screen every ZIP in Falkville

Filter Falkville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Falkville, AL

What is the typical home price in Falkville, AL?

In Falkville, AL the median home value sits at $211K. Against the broader AL market, that reads as reasonable for most investors.

Which investment style suits Falkville, AL?

Investors usually favor careful cash-flow rentals with hands-on management in Falkville, AL. With home values at $211K and rents near $909/mo, other strategies can work but produce stable rather than outsized returns.

How landlord-friendly is Falkville, AL?

The landlord environment in Falkville, AL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What kind of vacancy should I budget for in Falkville, AL?

Occupancy in Falkville, AL runs even-keeled with elevated vacancy. Well-priced units at $909/mo lease on reasonable timelines.

Is house hacking profitable in Falkville, AL?

House hacking in Falkville, AL is reasonable to execute. Prices around $211K and rents of $909/mo solid owner-occupant economics.

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