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VA area data

Falmouth, VA

Falmouth, VA.

Population: 36,890 (Census ACS)

Home values & appreciation

Median home value
$479,669
1-year appreciation
+0.8%
3-year appreciation
+10.1%
5-year appreciation
+23.0%
10-year appreciation
+71.4%
All-time peak (2026-01)
$480,426
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$359,900
Median list price
$399,900
Median days on market
24 days
Sale-to-list ratio
99.8%
Active listings
18
1-year forecast
-0.1%
Days to pending
29 days
New listings (monthly)
57

Rents

Typical rent
$2,352/mo
1-year rent change
+1.0%
1BR fair-market rent
$1,800/mo
3BR fair-market rent
$2,540/mo

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%

Schools

Total schools
9
Elementary schools
4
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
heatWave, inlandFlooding, lightning, strongWind, winterWeather
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Annual precipitation
47.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
332
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
9.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
53
Nearest national park
Fredericksburg & Spotsylvania National Military Park (4 mi)
Nearest airport
Shannon Airport (4 mi)
Nearest major airport
Quantico Marine Corps Airfield / Turner Field (NYG) (14 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
2.7 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
+384 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$2,904
Mean commute to work
29 min
Households with broadband internet
88.4%

Employment & development

Total county employment
34,079
Average weekly wage
$1,103
Top industries (by employment)
Health Care, Professional Services, Finance & Insurance
Annual residential building permits (county)
361

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents