New - 1 day on Rocket
$1,389 Closing Credit¹
Listing Office: CENTURY 21 ALL-SERVICE
Falling River Housing Market Report December 2024•Appomattox County, Virginia
Housing Prices in Falling River, VA
How much do homes in Falling River, VA cost?
Housing Market Conditions
Is Falling River, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Falling River is a Buyer's Market
Difference Since December 2023
At the same time last year, Falling River was a Neutral Market.
Insight
Falling River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$281,250$152/SqFt
-$6,200
-2.2%
Based on all homes sold in the last 12 months
Insight
Homes in Falling River have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Falling River was $281,250 in December 2024, down 2.2% from last year, and the median price per square foot was $152.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Falling River | $287.4K | $281.2K | -2.2% |
| Appomattox River | $257.5K | $223K | -13.4% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $179.9K | $111.4K | -38.1% |
| 33 Bedrooms | $305.7K | $286K | -6.5% |
| 44 Bedrooms | $220K | $279.2K | +26.9% |
| 55+ Bedrooms | $610K | $250K | -59.0% |
Summary: Falling River housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -38.1%. The home price for 3 bedroom homes decreased by -6.5%. The home price for 4 bedroom homes increased by +26.9%. The home price for 5 bedroom homes decreased by -59.0%.
Housing supply in Falling River, VA
How many homes are available in Falling River, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 132 months agoNov 2024 | -15.4 % Change MoMNov – Dec |
Summary: The Falling River real estate market had 11 homes for sale in Dec 2024, a 15.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthDec 2024 | ||
| 22 months agoNov 2024 | -50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 12 | 10 | -16.7% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Falling River housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Falling River, VA cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Falling River, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Falling River in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Falling River, VA
How long does it take to sell a home in Falling River, VA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Falling River are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Falling River; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 3 DaysThis YearDec 2024 | ||
| 47 Days1 year agoDec 2023 | -93.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Falling River had an average listing age of 3 days in Dec 2024, down by 93.6% compared to the previous year.
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Newest Listings in Falling River, VA
What homes are available in Falling River, VA?
New - 1 day on Rocket
$1,425 Closing Credit¹
Thomas R Nolen, Listing Office: Nolen Real Estate
New - 1 day on Rocket
$1,389 Closing Credit¹
Roxanne Roberts, Listing Office: Century 21 ALL-SERVICE
$3,799 Closing Credit¹
Liesel Lancaster, Listing Office: Lauren Bell Real Estate, Inc.
Robbie Stephens, Listing Office: Century 21 ALL-SERVICE-APP
$2,196 Closing Credit¹
Kate Friar, Listing Office: Keller Williams
$2,789 Closing Credit¹
Robbie Stephens, Listing Office: Century 21 ALL-SERVICE-APP
$3,206 Closing Credit¹
Marcie Dawson, Listing Office: Elite Realty
$5,332 Closing Credit¹
George J Huffman II, Listing Office: Keller Williams
$2,493 Closing Credit¹
SL Ferguson, Listing Office: RE/MAX Realty Connection
$4,511 Closing Credit¹
Thomas R Nolen, Listing Office: Nolen Real Estate
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MLS Disclaimers and Copyright
Based on information from Lynchburg MLS, and Roanoke Valley Association of Realtors MLS for the period 01/01/2023 - 01/01/2025
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.