Housing · Falling Waters

Falling Waters, WV housing market

The typical Falling Waters home is worth about $320,000, up 3.4% in a year, 78% above the West Virginia typical home.

Home values, sales, trends and how Falling Waters compares with the towns next door — updated as new data is published.

The market right now

Falling Waters at a glance

Typical home value
$320K
▲ 3.4% in a year · Zillow
Median sale price
$259K
May 2026 · Redfin
Homes sold
1
in May · 5 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

Falling WatersWest Virginia
$100K$150K$200K$250K$300K$350K 20182020202220242026 Falling Waters $320K West Virginia $180K
Show as a table
JanuaryFalling WatersWest Virginia
2017$180,000$114,000
2018$190,000$116,000
2019$198,000$120,000
2020$205,000$122,000
2021$226,000$137,000
2022$264,000$149,000
2023$282,000$158,000
2024$289,000$163,000
2025$304,000$175,000
2026$318,000$176,000
August 2026$320,000$180,000
Affordability

3.6 years of income

The typical Falling Waters home costs about 3.6 years of the town's median household income, more than across West Virginia (3 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
57.1%
West Virginia: 74.9%
Median tax bill
$1,517
West Virginia: $865
Median rent
$1,320
West Virginia: $872
Typical home built
1999
West Virginia: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,180

HUD's Fair Market Rent for a two-bedroom in Falling Waters is $1,180 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Falling Waters pay a median of $1,320. A two-bedroom takes about 16% of the town's median household income.

1 bedroom
$930
a month, with utilities
2 bedrooms
$1,180
a month, with utilities
3 bedrooms
$1,630
a month, with utilities
Share of income
16%
2 bedrooms ÷ median income

Studio $810 · 4 bedrooms $1,860

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (25419; Martinsburg, WV HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01