Real Estate Investing in Falconer, New York

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

1 ZIP codes • Population: 3,201 • Chautauqua County

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Should you buy in Falconer, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 13.8% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Falconer, NY?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.8% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $138,649
Avg Monthly Rent $873
ZIP Codes 1

Investing in Falconer Real Estate

With a sizable population across 1 ZIPs, Falconer shows the kind of tepid fundamentals that keep most out-of-state capital on the sidelines.

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. Falconer is in that category.

Rents in Falconer at $873/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

A an established population with $N/AK household income profile is what makes Falconer a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Jamestown-Dunkirk-Fredonia, NY

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$138,649
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (NY)

ZIP Codes in Falconer, NY

Screen every ZIP in Falconer

Filter Falconer’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 Falconer, NY

How much does a house cost in Falconer, NY?

Median home price in Falconer, NY is near $139K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.

What is the typical vacancy rate in Falconer, NY?

Expect elevated vacancy in Falconer, NY. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

Are eviction rules reasonable in Falconer, NY?

Rental owners in Falconer, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.

How much do tenants pay in Falconer, NY?

Investors in Falconer, NY typically see rents near $873/mo per month against $139K home values - a solid setup for rental cash flow.

Is Falconer, NY good for house hacking?

Falconer, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.

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