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Falling Waters, WV
Full City Profile · West Virginia · Washington County County
3.6
/5.0
B+
Good
2,384
Population
1,892/sq mi density
$87,632
Median Income
$30,300 per capita
$207,200
Home Value
$314,162 Zillow
$1,341
Median Rent
18.0% income on rent
54°F
Avg Temperature
293 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$87,632 median income, 7.4% unemployment
A+
Affordability
5.0 / 5.0
$207,200 home value, $1,341/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher
Housing Overview
Median Home Value
$207,200
26% below
US avg: $281,900
Median Rent
$1,341/mo
15% above
US avg: $1,163/mo
Homeownership Rate
65.0%
1% below US avg (65.4%)
Total Housing Units
694
Median year built: 2000
Home Value by Source
Census Median
$207,200
Zillow (ZHVI)
$314,162
Median Sale Price
$270,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.0%
Owner-Occupied
35.0%
Renter-Occupied
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
Census median rent:
$1,341/mo
· Zillow rent:
$1,769/mo
Market Indicators (Redfin)
Median Days on Market
271 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
18.0%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
65.0%
Complete Housing Data
Home Values
| Census Median Value | $207,200 |
| Zillow Home Value (ZHVI) | $314,162 |
| Median Sale Price | $270,900 |
| Price Per Sq Ft | $188 |
Rent
| Census Median Rent | $1,341 |
| Zillow Rent (ZORI) | $1,769 |
| FMR Studio | $714 |
| FMR 1-Bedroom | $766 |
| FMR 2-Bedroom | $945 |
| FMR 3-Bedroom | $1,231 |
| FMR 4-Bedroom | $1,380 |
Market
| Days on Market | 271 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 2 |
| Active Inventory | 4 |
| Price Per Sq Ft | $188 |
Ownership & Stock
| Owner-Occupied | 65.0% |
| Renter-Occupied | 35.0% |
| Homeownership Rate | 65.0% |
| Total Housing Units | 694 |
| Median Year Built | 2000 |
| Rent Burden | 18.0% |