Falling Waters, WV25419

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$311,000
3.9% YoY Growth
Median Household Income
$86,300
27.6% 5-Year Growth
Days on Market
44
9.0% Longer than last year
Home Price Forecast
2.4%
Median Rent
$2,000
8.7% YoY Growth
1-Bed Rent
$1,000
31.6% YoY Growth
2-Bed Rent
$1,850
N/A
3-Bed Rent
$2,000
10.5% YoY Growth

Property Listings — Falling Waters, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Falling Waters, WV is 44. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$357,00017.0%
Listing Count
71-42.0%
Listings as % of Homes1.2%-42.0%
Days on Market
449.0%
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Demographics — Falling Waters, WV

As of the latest ACS Survey released in 2023, Falling Waters, WV has a population of 12,800, which has increased by 13.7% over the past 5 years. Falling Waters, WV is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,80013.7%
% Under 18
23.4%4.0%
% Seniors
15.6%3.3%
% WFH
5.6%51.4%
% w/ College Degree
23.7%22.2%
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As of the latest ACS Survey released in 2023, Falling Waters, WV is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Falling Waters, WV is black, making up 9.9% of the population. Foreign-born residents account for 3.0% of the population in Falling Waters, WV, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
82.6%-5.2%
% Black
9.9%76.8%
% Hispanic
1.6%-60.0%
% Asian
2.1%-16.0%
% Foreign Born
3.0%-25.0%
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Mortgage and Risk — Falling Waters, WV

According to HUD data as of 2023, there were 582 mortgage originations in Falling Waters, WV, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Falling Waters, WV. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
582
% Conventional Loans
58.0%
% Government Loans
42.0%
% Investor Loans
3.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Falling Waters, WV

As of 2024, the percent of homes in Falling Waters, WV under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Falling Waters, WV, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
1.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$80$1,000$920
2 Bedroom-$690$1,850$1,160
3 Bedroom-$390$2,000$1,610
4 Bedroom-$150$2,100$1,950

Affordability — Falling Waters, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$311,000
Median Household Income$86,300

Falling Waters, WV — ZIP Code Boundary Map

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Frequently Asked Questions