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Falling Spring, WV

Full City Profile · West Virginia · Greenbrier County County

3.0 /5.0
B Good
148 Population 285/sq mi density
$43,750 Median Income $35,126 per capita
$85,000 Home Value $294,789 Zillow
51°F Avg Temperature 305 sunny days/yr
276 Violent Crime/100K 1,857 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$43,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$85,000 home value, /mo rent
F
Safety
1.0 / 5.0
276 violent crimes/100K
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Housing Overview

Median Home Value
$85,000
70% below
US avg: $281,900
Homeownership Rate
90.3%
38% above US avg (65.4%)
Total Housing Units
115
Median year built: 1948

Home Value by Source

Census Median
$85,000
Zillow (ZHVI)
$294,789
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.3%
Owner-Occupied
9.7%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$714/mo
1 Bedroom
$766/mo
2 Bedroom
$945/mo
3 Bedroom
$1,231/mo
4 Bedroom
$1,380/mo

Affordability & Housing Stock

Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
90.3%

Complete Housing Data

Home Values

Census Median Value$85,000
Zillow Home Value (ZHVI)$294,789

Rent

FMR Studio$714
FMR 1-Bedroom$766
FMR 2-Bedroom$945
FMR 3-Bedroom$1,231
FMR 4-Bedroom$1,380

Market

Ownership & Stock

Owner-Occupied90.3%
Renter-Occupied9.7%
Homeownership Rate90.3%
Total Housing Units115
Median Year Built1948
Rent Burden32.1%