House Prices

House Prices & Home Values Falls Village, CT 2026


Average Data

average house price$1,407,484
average size per house3963 ft²
average price per ft²356 $ / ft²

04/05/2026 - The value range (VR) for house prices in Falls Village, CT is $273/ sqft to $273/ sqft. An average home with 3963 sqft costs approximately $1,081,899 to $1,081,899. Falls Village, CT includes 1 ZIP codes and it is located in Litchfield county. The lowest prices are found in ZIP 06031, while the highest are in ZIP 06031. The average price per sqare feet is $356. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Falls Village

06031248 $ / ft²




Historical development of home values in Falls Village

Year Estimated value (USD) Change vs. 2025
2010 $653,661 -53.6%
2011 $628,384 -55.4%
2012 $626,692 -55.5%
2013 $650,116 -53.8%
2014 $682,443 -51.5%
2015 $717,468 -49.0%
2016 $754,911 -46.4%
2017 $795,656 -43.5%
2018 $839,644 -40.3%
2019 $878,577 -37.6%
2020 $923,996 -34.4%
2021 $1,050,945 -25.3%
2022 $1,225,166 -13.0%
2023 $1,291,995 -8.2%
2024 $1,366,738 -2.9%
2025 $1,407,484 0.0%

Graph: estimated home values in Falls Village over time (USD)



Example: 100% financing house in Falls Village

Loan amount: $1,407,484

Interest rate: 6.00%

Fixed monthly payment: $8,438.58

Breakdown in the 1st month:
Interest portion: $7,037.42  –  Principal portion: $1,401.16

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $83,978.86 $17,284.07 $1,390,199.93
2 $82,912.82 $18,350.11 $1,371,849.82
3 $81,781.03 $19,481.91 $1,352,367.91
4 $80,579.42 $20,683.51 $1,331,684.41
5 $79,303.71 $21,959.22 $1,309,725.18
6 $77,949.31 $23,313.62 $1,286,411.57
7 $76,511.38 $24,751.55 $1,261,660.01
8 $74,984.76 $26,278.17 $1,235,381.84
9 $73,363.98 $27,898.95 $1,207,482.89
10 $71,643.23 $29,619.70 $1,177,863.19
11 $69,816.36 $31,446.58 $1,146,416.61
12 $67,876.80 $33,386.13 $1,113,030.48
13 $65,817.62 $35,445.32 $1,077,585.16
14 $63,631.43 $37,631.51 $1,039,953.65
15 $61,310.40 $39,952.54 $1,000,001.12
16 $58,846.21 $42,416.72 $957,584.40
17 $56,230.04 $45,032.89 $912,551.51
18 $53,452.51 $47,810.42 $864,741.08
19 $50,503.67 $50,759.26 $813,981.82
20 $47,372.95 $53,889.98 $760,091.84
21 $44,049.13 $57,213.80 $702,878.04
22 $40,520.31 $60,742.62 $642,135.41
23 $36,773.84 $64,489.09 $577,646.32
24 $32,796.29 $68,466.64 $509,179.68
25 $28,573.42 $72,689.51 $436,490.16
26 $24,090.09 $77,172.84 $359,317.32
27 $19,330.24 $81,932.70 $277,384.63
28 $14,276.81 $86,986.13 $190,398.50
29 $8,911.69 $92,351.24 $98,047.26
30 $3,215.67 $98,047.26 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Falls Village, CT


1500 sqft3900 sqft
Ø selling price$646,140$1,374,516
Ø fast selling$587,400$1,237,065
Ø high price sale$704,880$1,511,968

In 2026, houses in Falls Village, CT will be offered at an average price of $356 per square foot. A 1,500 sqft home priced at $646,140 is 20.84% more expensive per square foot than a 3,900 sqft home priced at $1,374,516. Home prices in Falls Village, CT vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $951,589. Sellers who can wait longer may achieve a higher price of up to $1,163,052.


Discover Falls Village, CT

Overview

Located in the town of Canaan, Falls Village, CT is a picturesque New England hamlet known for its natural beauty and historic character.
Nestled along the Housatonic River, the village blends small-town charm with easy access to outdoor adventure.

Great Falls and Outdoor Adventures

The spectacular Great Falls showcases powerful cascades and photo-worthy viewpoints.
Hikers can access the nearby Appalachian Trail and gentle riverside paths for serene walks and wildlife spotting.
Anglers and paddlers enjoy seasonal flows on the Housatonic for fly-fishing and kayaking.

History and Culture

The Falls Village Historic District features well-preserved 19th-century buildings shaped by the arrival of the Housatonic Railroad.
Cultural highlights include Music Mountain?s renowned chamber music concerts and community events throughout the summer.
Local galleries, farm stands, and makers reflect the area?s creative spirit and agrarian roots.

Plan Your Visit

Plan a relaxing getaway with nearby lodging, farm-to-table dining, and scenic drives through the Litchfield Hills of northwest Connecticut.
Whether you?re searching for things to do in Falls Village, CT or a quiet base to explore the region, this riverside village offers four-season appeal.



FAQ – Home Values in Falls Village

What is the median home value in Falls Village in 2026?

In 2026, the typical home value in Falls Village is about $1,407,484 for an average home size of 3963 square feet. This corresponds to an average price of roughly $356 per square foot.

What is the average cost per square foot in Falls Village?

In 2026, homes in Falls Village sell for an average of around $356 per square foot, with a typical range between $273 and $273 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Falls Village is about 3963 square feet, with an estimated 2026 value around $1,407,484.



Locations close to Falls Village, CT

Farmington, CT156 $ / ft²
Glastonbury, CT252 $ / ft²
Granby, CT186 $ / ft²
Ellington, CT187 $ / ft²
East Hartland, CT89 $ / ft²
East Granby, CT159 $ / ft²
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