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Featured local agent — Falling Waters, WV
Sarah Mitchell
Compass Real Estate · Falling Waters, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Falling Waters, WV Housing Market
The typical home in Falling Waters, WV is worth $319,842, rose 2.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $259,000, -2.6% year over year (through May 2026). With 5.0 months of supply and homes going under contract in about 53 days, Falling Waters is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $319,842 home is about $1,707/mo in principal and interest.
Key numbers for Falling Waters, WV
Typical home value
$319,842
+2.8% in 12 months
Zillow, August 2026
Typical asking rent
$1,871/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$259,000
-2.6% year over year
Redfin, through May 2026
Days on market
53
Average pace
Redfin, through May 2026
Active listings
5
5.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$87,632
Home costs 3.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Falling Waters a buyer's or seller's market?
Falling Waters, WV is a leaning buyer's, based on 5.0 months of supply and homes selling in about 53 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Falling Waters housing market data show?
Every row below is Redfin's final published month for Falling Waters, WV. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $259,000 |
| Year-over-year price change | -2.6% |
| Median price per sq ft | $179/sq ft |
| Median days on market | 53 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 80.0% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Falling Waters is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Falling Waters is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Falling Waters home prices moved?
Over the last three years the median sale price in Falling Waters, WV rose 10.7%, from $233,900 to $259,000. The live Zillow value series has rose 2.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 80.0% of Falling Waters listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Falling Waters?
Priced off the typical home value of $319,842 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $63,968 | $255,873 | $1,707/mo |
| 5% | $15,992 | $303,850 | $2,028/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,707, that implies roughly $73,178 a year before you add taxes and insurance. The median household in Falling Waters earns $87,632, about $14,454 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Falling Waters in the next 12 months?
Tell us your timeline. We send the Falling Waters market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Falling Waters?
Typical asking rent in Falling Waters, WV is $1,871/mo, against a typical home value of $319,842. That is a price-to-rent ratio of 14.2x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,707 a month — $164 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Falling Waters?
Active listings in Falling Waters, WV went from 23 in May 2025 to 5 in May 2026, a -78.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 16 | 2 |
| July 2025 | 13 | 2 |
| August 2025 | 19 | 9 |
| September 2025 | 16 | 7 |
| October 2025 | 14 | 6 |
| November 2025 | 10 | 4 |
| December 2025 | 7 | 3 |
| January 2026 | 5 | 2 |
| February 2026 | 4 | not published |
| March 2026 | 8 | 7 |
| April 2026 | 8 | 2 |
| May 2026 | 5 | not published |
Redfin, through May 2026
How does Falling Waters compare to West Virginia and the U.S.?
Falling Waters homes sell for $259,000 — 2% below the West Virginia median of $265,200. Against the national median of $410,700, Falling Waters runs 37% lower. Year-over-year, Falling Waters moved -2.6% against West Virginia's +7.8% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Falling Waters, WV | $259,000 | -2.6% | 53 days |
| West Virginia statewide | $265,200 | +7.8% | 50 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Falling Waters
What buyers should watch
- Months of supply, currently 5.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 80.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $320 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $319,842 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Falling Waters listing goes under contract in 53 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- Your equity moved +2.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Falling Waters varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Falling Waters
There are currently 5 homes listed for sale in Falling Waters, West Virginia.
Active listings
5
Homes on market
Avg. days on market
53
Days until sale
How much do homes cost in Falling Waters by property type?
How the Falling Waters, WV market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $325,000 | $193/sq ft | 1 | 124 days |
| Townhouse | $259,000 | $179/sq ft | 1 | 53 days |
Who lives in Falling Waters?
American Community Survey estimates for Falling Waters. U.S. Census ACS, 2023
Population
2,384
Households
782
Median income
$87,632/yr
Median age
32.2 years
Owner-occupied
65.0%
Median home value
$207,200
Median gross rent
$1,341/mo
Mean commute
24.8 min
65.0% of occupied homes in Falling Waters are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $207,200 against Zillow's $319,842 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,341/mo, below Zillow's $1,871/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Falling Waters?
1 schools tracked · 283 students
The largest public schools serving Falling Waters, WV 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.
Marlowe Elementary School
Grades PK-2 · 283 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 Falling Waters, WV?
Ordered by distance from Falling Waters, not by size. Compare Falling Waters side by side with any of them.
Falling Waters housing market FAQ
Is Falling Waters a buyer's or seller's market?
Falling Waters, WV is currently a leaning buyer's. That read comes from 5.0 months of supply, homes going under contract in about 53 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Falling Waters?
The typical home in Falling Waters, WV is worth $319,842 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $259,000, about $179 per square foot.
Is Falling Waters cheaper than the rest of West Virginia?
Falling Waters's median sale price of $259,000 is 2% lower than the West Virginia statewide median of $265,200, and 37% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Falling Waters?
Homes in Falling Waters, WV spent a median of 53 days on market before going under contract, versus 50 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Falling Waters?
At the current 30-year fixed rate of 7.03%, 20% down on a $319,842 home is about $1,707 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $73,178 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $87,632.
Are home prices rising in Falling Waters?
The typical home value in Falling Waters, WV rose 2.8% over the last 12 months, from $311,241 to $319,842 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Falling Waters?
Falling Waters ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Falling Waters?
That depends on your timeline, not on a headline. What the data says today: Falling Waters, WV is a leaning buyer's with 5.0 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 14.2x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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