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Falls View

Learn about the people, housing, costs and businesses in Falls View, West Virginia

Median Home$95,900
Median Rent$876/month
Population154
Leading IndustriesManufacturing · Agriculture & Mining7% manufacturing
Home Value Growth⬆⬆⬆+33.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners68% of occupied units
Falls View
WV

Frequently Asked Questions

What are today's mortgage rates in Falls View?

As of today, the 30-year fixed mortgage rate for Falls View is approximately 6.941% (6.979% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Falls View?

The median home value in Falls View is $96k. The median monthly rent is $876. Annual property taxes average $527. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Falls View?

Home values in Falls View have increased 33.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Falls View?

Based on a typical all-in ownership cost of $533/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Falls View is $49k/year.

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What industries drive the economy in Falls View?

The largest employment sectors in Falls View are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.