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VA area data

Falls Mills, VA

Falls Mills, VA.

Population: 276 (Census ACS)

The median home value in Falls Mills, VA is $116,138 — up 5.3% over the past year. Homes sell for a median $270,000 after a median 34 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, inlandflooding, landslide the top-rated hazards. Cost of living is 3.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$116,138

Median home value

+5.3%

1-year change

34

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$116,138
1-year appreciation
+5.3%
3-year appreciation
+8.3%
5-year appreciation
+23.5%
10-year appreciation
+58.0%
All-time peak (2025-02)
$116,157
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$270,000
Median list price
$249,000
Median price per sqft
$140
1-year sale-price change
+64.9%
Median days on market
34 days
Homes sold (recent period)
1
Sale-to-list ratio
103.9%
Active listings
2
1-year forecast
+1.9%

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coldWave, inlandFlooding, landslide, strongWind
Notable hazard ratings (county)
avalanche: Relatively Low · coldWave: Relatively Moderate · drought: Relatively Low · earthquake: Relatively Low · inlandFlooding: Relatively Moderate · landslide: Relatively Moderate
Wildfire risk to homes (county)
Higher than 77% of US counties
Buildings in wildfire direct-exposure zone
66.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Saltville Waste Disposal Ponds (21.2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
66.0°F
Average low
42.0°F
Annual precipitation
49.9 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
2
Nearest national park
Bluestone National Scenic River (44 mi)
National parks include
Bluestone National Scenic River, New River Gorge National Park & Preserve
Airports within 30 mi
7
Nearest airport
Burkes Garden Airport (11 mi)
Nearest major airport
Mercer County Airport (BLF) (23 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+17 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,982
Housing built before 1970
40.6%
Housing built 2000 or later
7.9%
Median annual property tax
$199
Households with broadband internet
50.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
10,591
Average weekly wage
$873
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
4

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Falls MillsState medianUS median
Median home value$116,138$331,625$289,727
Median sale price$270,000$380,000$325,000
Median days on market34 days35 days51 days
Median annual property tax$199$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Falls Mills, VA?
$116,138.
What is the median sale price in Falls Mills, VA?
$270,000.
How long do homes take to sell in Falls Mills, VA?
Median days on market: 34 days.
What is the natural-hazard risk in Falls Mills, VA?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, inlandFlooding, landslide, strongWind.
What is the wildfire risk in Falls Mills, VA?
Risk to homes is higher than 77% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Falls Mills, VA?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Falls Mills, VA?
No current or proposed National Priorities List sites within 5 miles (EPA).
What is the cost of living in Falls Mills, VA?
Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Falls Mills

Selling a home in Falls Mills, VA?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents