Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Falls Mills area can be challenging. Home prices in Falls Mills are now at a median cost of $58,788, lower than the Virginia average of $323,261.
The average cost of rent is $291/mo in Falls Mills, primarily driven by the current value of real estate in the Falls Mills area. While nearly 65.30% of residents own their homes outright in Falls Mills, 46.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falls Mills is $3,240 per month. Households that rent pay about 9.00% of their income on rent here. Falls Mills's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bluefield, VA: higher priced homes
- Nemours, WV: higher priced homes
- St. Clair, VA: higher priced homes
- Brush Fork, WV: higher priced homes
- Pocahontas, VA: equally priced homes
- Boissevain, VA: higher priced homes
- Freeman, WV: higher priced homes
- Bramwell, WV: equally priced homes
- Bluefield, WV: higher priced homes
- Montcalm, WV: higher priced homes
Cities with Similar Populations
- Mapleton, PA: higher priced homes
- Reading, VT: higher priced homes
- Rawley Springs, VA: higher priced homes
- Mc Leod, TX: higher priced homes
- Massena Springs, NY: higher priced homes
- Massena Center, NY: higher priced homes
- Marytown, WI: higher priced homes
- Marquette, IA: higher priced homes
- Markleton, PA: higher priced homes
- Maplewood, NY: higher priced homes
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