VA area data
Falls Mills, VA
Falls Mills, VA.
Population: 276 (Census ACS)
Home values & appreciation
- Median home value
- $116,138
- 1-year appreciation
- +5.3%
- 3-year appreciation
- +8.3%
- 5-year appreciation
- +23.5%
- 10-year appreciation
- +58.0%
- All-time peak (2025-02)
- $116,157
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $270,000
- Median list price
- $249,000
- Median days on market
- 34 days
- Sale-to-list ratio
- 103.9%
- Active listings
- 2
- 1-year forecast
- +1.9%
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coldWave, inlandFlooding, landslide, strongWind
Climate (30-year normals)
- Average annual temperature
- 54.0°F
- Average high
- 66.0°F
- Average low
- 42.0°F
- Annual precipitation
- 49.9 in
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Bluestone National Scenic River (44 mi)
- Nearest airport
- Burkes Garden Airport (11 mi)
- Nearest major airport
- Mercer County Airport (BLF) (23 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Migration
- Net migration
- +17 tax filers
Housing stock
- Median year housing built
- 1,982
- Median annual property tax
- $199
- Households with broadband internet
- 50.3%
Employment & development
- Total county employment
- 10,591
- Average weekly wage
- $873
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 4
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →