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Fallston, NC

Full City Profile · North Carolina · Cleveland County County

3.1 /5.0
B Good
602 Population 277/sq mi density
$49,250 Median Income $39,463 per capita
$86,800 Home Value $197,845 Zillow
$708 Median Rent 23.8% income on rent
59°F Avg Temperature 301 sunny days/yr
357 Violent Crime/100K 3,227 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$49,250 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$86,800 home value, $708/mo rent
F
Safety
1.0 / 5.0
357 violent crimes/100K
C+
Education
2.9 / 5.0
23.3% bachelor's degree or higher

Housing Overview

Median Home Value
$86,800
69% below
US avg: $281,900
Median Rent
$708/mo
39% below
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
347
Median year built: 1971

Home Value by Source

Census Median
$86,800
Zillow (ZHVI)
$197,845
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.2%
Owner-Occupied
31.8%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $708/mo

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
68.2%

Complete Housing Data

Home Values

Census Median Value$86,800
Zillow Home Value (ZHVI)$197,845

Rent

Census Median Rent$708
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied68.2%
Renter-Occupied31.8%
Homeownership Rate68.2%
Total Housing Units347
Median Year Built1971
Rent Burden23.8%