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Falmouth, VA
Full City Profile · Virginia · Fredericksburg city County
3.8
/5.0
B+
Good
5,036
Population
1,614/sq mi density
$125,305
Median Income
$56,208 per capita
$422,500
Home Value
$475,651 Zillow
$1,972
Median Rent
32.8% income on rent
57°F
Avg Temperature
293 sunny days/yr
449
Violent Crime/100K
4,112 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$125,305 median income, 2.1% unemployment
A+
Affordability
4.8 / 5.0
$422,500 home value, $1,972/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
A+
Education
4.5 / 5.0
44.3% bachelor's degree or higher
Housing Overview
Median Home Value
$422,500
50% above
US avg: $281,900
Median Rent
$1,972/mo
70% above
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
2,073
Median year built: 1983
Home Value by Source
Census Median
$422,500
Zillow (ZHVI)
$475,651
Median Sale Price
$622,500
Median List Price
$590,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.2%
Owner-Occupied
17.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$1,972/mo
Market Indicators (Redfin)
Median Days on Market
147 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
82.2%
Complete Housing Data
Home Values
| Census Median Value | $422,500 |
| Zillow Home Value (ZHVI) | $475,651 |
| Median Sale Price | $622,500 |
| Median List Price | $590,000 |
| Price Per Sq Ft | $188 |
Rent
| Census Median Rent | $1,972 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 147 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 9 |
| Price Per Sq Ft | $188 |
Ownership & Stock
| Owner-Occupied | 82.2% |
| Renter-Occupied | 17.8% |
| Homeownership Rate | 82.2% |
| Total Housing Units | 2,073 |
| Median Year Built | 1983 |
| Rent Burden | 32.8% |