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Affordable
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These days, finding an affordable place to live in the Falling Waters area can be challenging. Home prices in Falling Waters are now at a median cost of $294,243, higher than the West Virginia average of $177,366.
The average cost of rent is $1,245/mo in Falling Waters, primarily driven by the current value of real estate in the Falling Waters area. In Falling Waters, 18.37% of households rent, and 35.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falling Waters is $7,262 per month. Households that rent pay about 17.14% of their income on rent here. Falling Waters’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Charlton, MD: less expensive homes
- Williamsport, MD: equally priced homes
- Wilson-Conococheague, MD: equally priced homes
- Clear Spring, MD: equally priced homes
- Fairplay, MD: higher priced homes
- Halfway, MD: less expensive homes
- Bakersville, MD: higher priced homes
- St. James, MD: higher priced homes
- Hedgesville, WV: equally priced homes
- Big Pool, MD: higher priced homes
Cities with Similar Populations
- Brown Deer, WI: less expensive homes
- East Hanover, NJ: higher priced homes
- East Hampton, CT: higher priced homes
- East Grand Rapids, MI: higher priced homes
- Cheraw, SC: less expensive homes
- Chappaqua, NY: higher priced homes
- Cascades, VA: higher priced homes
- Calimesa, CA: higher priced homes
- Cahokia, IL: less expensive homes
- Burr Ridge, IL: higher priced homes
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