Falcon, Missouri.
Typical home $281,174 (+0.2% in a year). Lebanon, MO metro.
to buy the typical home at today's mortgage rate — +$871 (+144%) since Jan 2020.
- 1 year
- Up $470 +0%
- $280,705$281,174 since Sep 2025
- 5 years
- Up $58,848 +26%
- $222,326$281,174 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Falcon$1,476
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Falcon, MO rose 0.2% over the past year — slower than the nation's +1.2%.
Living in Falcon, Laclede County, Missouri
The Census does not count Falcon on its own, so the figures here are Laclede County's. Half the county's households earn more than $53,282 a year and half less; 18% of the county's people live below the poverty line. 68% of the county's homes are lived in by their owners and 32% are rented. Unemployment in Laclede County was 4.6% in August 2026, and the county had 4.3% fewer jobs in 2025 than the year before. The most people in Laclede County work in manufacturing, then schools and health care.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Falcon is a small town in Laclede County, in the Missouri Ozarks, where winters are cold, summers are warm, and rain and melted snow fall across much of the year. Across Laclede County, most homes are lived in by their owners, and many residents have spent their lives among the same hills and creeks. The town sits in a rural setting where neighbors often know one another.
Work. Many residents work in manufacturing, in schools, hospitals and social care, in shops, or in restaurants, hotels and entertainment. Across Laclede County, fewer jobs were held in the most recent year than the year before, and unemployment has risen over the past year. Most people drive to work, and few work from home.
Things to do. The Gasconade River, one of the best known rivers in the area, lies a longer drive away and is popular with those who enjoy time on the water. Pine Creek runs in or beside town, while Bennett Spring State Park, a protected area, is a longer drive away and offers a quieter place to walk among the trees.
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- 14,558households
- 39.2median age
- 16%of adults have a degree
- 18%below the poverty line
- 21 mintypical commute
- 4%work from home
What people in Laclede County work in
Employed residents by industry, from the Census survey. Laclede County had 12,999 jobs in 2025, 4.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 21°; warmest in July, with highs near 88° and lows near 66°. About 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Grovespring 1NE weather station, 14 miles away (NOAA).
Largest workplaces in Laclede County
- White River Marine GroupBoat yards744
- Lebanon R-iii SchoolsSchool district703FTE
- Independent Stave CompanyBarrels, wood, coopered, manufacturing432
- WalmartWarehouse clubs and supercenters379
- Mercy Hospital LebanonGeneral hospital334FTE
- THE Durham CompanyPanelboards, electric power distribution, manufacturing329
- G3 BoatsBoats manufacturing234
- Lowe Boats - LebanonAluminum recreational boat manfuacturing215
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 34 workplaces with 20 or more staff, 4,569 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- Cold wavesRelatively moderate
- Heat wavesRelatively moderate
- Winter weatherRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Laclede County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Laclede County and the Lebanon, MO metro.
Falcon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Falcon$281,174
- Missouri$265,387
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Falcon7
Zip codes with a Falcon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Falcon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.