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Featured local agent — Falmouth, VA
Sarah Mitchell
Compass Real Estate · Falmouth, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Falmouth, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$371,500median sale price
How is the Falmouth, VA housing market right now?
The median home sale price in Falmouth, VA is $371,500, down 25.6% year-over-year. Homes sell in an average of 10 days with 18 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Falmouth a buyer's or seller's market?
Falmouth, VA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
10
Fast-moving
Active listings
18
1.5 months supply
Sale-to-list
100.2%
Above asking
What does the Falmouth housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $371,500 |
| Median list price | $569,900 |
| Year-over-year price change | -25.6% |
| Average days on market | 10 days |
| Active inventory | 18 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $241/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 15 |
| Listings with a price cut | 11.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Falmouth by property type?
How the Falmouth, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $547,500 | $223/sq ft | 6 | 20 days |
| Townhouse | $330,000 | $245/sq ft | 6 | 10 days |
Source: Redfin · Updated monthly
The Falmouth housing market is currently classified as a strong seller's market with a median sale price of $371,500. Prices have fallen 25.6% compared to last year, with homes spending an average of 10 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Falmouth
There are currently 18 homes listed for sale in Falmouth, Virginia. The median listing price is $570K.
Active listings
18
Homes on market
Median list price
$570K
Avg. days on market
10
Days until sale
New this week
15
Newly listed
Who lives in Falmouth?
Population
5,036
Median income
$125,305/yr
Median age
38.7 years
Owner-occupied
82.2%
College grads
44.3%
Avg commute
32.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Falmouth?
Falmouth is a community of approximately 5K residents with a median age of 38.7 years.The median household income is $125,305, which reflects a relatively affluent area with strong earning potential. 44.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Falmouth offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Falmouth?
3 schools tracked · 2,069 students
The largest public schools serving Falmouth, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Grafton Village Elementary
Grades K-5 · 743 students
Falmouth Elementary
Grades K-5 · 726 students
Edward E. Drew Jr. Middle
Grades 6-8 · 600 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Falmouth, VA?
Want a head-to-head view? Compare Falmouth side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Falmouth?
The median home sale price in Falmouth is $371,500, down 25.6% from last year.
How long do homes stay on market in Falmouth?
Homes typically spend 10 days on market before going under contract.
What is the median income in Falmouth?
The median household income is $125,305 per year.
Is Falmouth a buyer's or seller's market?
With 1.5 months of supply, Falmouth is currently a strong seller's market.
How much does a single-family home cost in Falmouth?
The median single-family home price in Falmouth, VA is $547,500 (about $223 per square foot).
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