House Prices

House Prices & Home Values Falls Mills, VA 2026


Average Data

average house price$200,325
average size per house2874 ft²
average price per ft²70 $ / ft²

06/22/2026 - The value range (VR) for house prices in Falls Mills, VA is $87/ sqft to $87/ sqft. An average home with 2874 sqft costs approximately $250,038 to $250,038. Falls Mills, VA includes 1 ZIP codes and it is located in Tazewell county. The lowest prices are found in ZIP 24613, while the highest are in ZIP 24613. The average price per sqare feet is $70. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Falls Mills

2461394 $ / ft²




Historical development of home values in Falls Mills

Year Estimated value (USD) Change vs. 2025
2010 $93,035 -53.6%
2011 $89,437 -55.4%
2012 $89,196 -55.5%
2013 $92,530 -53.8%
2014 $97,131 -51.5%
2015 $102,116 -49.0%
2016 $107,445 -46.4%
2017 $113,244 -43.5%
2018 $119,505 -40.3%
2019 $125,047 -37.6%
2020 $131,511 -34.4%
2021 $149,579 -25.3%
2022 $174,376 -13.0%
2023 $183,888 -8.2%
2024 $194,526 -2.9%
2025 $200,325 0.0%

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



Example: 100% financing house in Falls Mills

Loan amount: $200,325

Interest rate: 6.00%

Fixed monthly payment: $1,201.05

Breakdown in the 1st month:
Interest portion: $1,001.63  –  Principal portion: $199.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,952.58 $2,460.01 $197,864.99
2 $11,800.85 $2,611.74 $195,253.24
3 $11,639.77 $2,772.83 $192,480.41
4 $11,468.74 $2,943.85 $189,536.56
5 $11,287.17 $3,125.42 $186,411.14
6 $11,094.40 $3,318.19 $183,092.95
7 $10,889.75 $3,522.85 $179,570.10
8 $10,672.46 $3,740.13 $175,829.97
9 $10,441.78 $3,970.81 $171,859.15
10 $10,196.87 $4,215.73 $167,643.43
11 $9,936.85 $4,475.74 $163,167.69
12 $9,660.80 $4,751.80 $158,415.89
13 $9,367.72 $5,044.88 $153,371.01
14 $9,056.56 $5,356.03 $148,014.98
15 $8,726.21 $5,686.38 $142,328.60
16 $8,375.49 $6,037.11 $136,291.49
17 $8,003.13 $6,409.46 $129,882.03
18 $7,607.81 $6,804.78 $123,077.25
19 $7,188.11 $7,224.49 $115,852.76
20 $6,742.52 $7,670.08 $108,182.68
21 $6,269.44 $8,143.15 $100,039.53
22 $5,767.19 $8,645.40 $91,394.13
23 $5,233.96 $9,178.63 $82,215.50
24 $4,667.84 $9,744.75 $72,470.75
25 $4,066.81 $10,345.78 $62,124.96
26 $3,428.70 $10,983.89 $51,141.07
27 $2,751.24 $11,661.35 $39,479.72
28 $2,032.00 $12,380.60 $27,099.12
29 $1,268.39 $13,144.21 $13,954.91
30 $457.68 $13,954.91 $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 Mills, VA


1500 sqft3900 sqft
Ø selling price$127,051$270,270
Ø fast selling$115,501$243,244
Ø high price sale$138,600$297,297

In 2026, houses in Falls Mills, VA will be offered at an average price of $70 per square foot. A 1,500 sqft home priced at $127,051 is 24.84% more expensive per square foot than a 3,900 sqft home priced at $270,270. Home prices in Falls Mills, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $187,111. Sellers who can wait longer may achieve a higher price of up to $228,691.


Falls Mills, VA Travel and Community Guide

Nestled in the Appalachian foothills, Falls Mills, VA is a quiet community in Tazewell County near the Bluefield area, known for scenic water and mountain views.

Natural Beauty and Recreation

The community centers around the Bluestone River and the picturesque Falls Mills Lake, a reservoir created by the historic dam.
Anglers and paddlers come for calm waters, accessible banks, and abundant birdlife, making outdoor recreation in Falls Mills, Virginia a year-round draw.

Rolling ridges and forested hollows offer short hikes, casual cycling routes, and colorful fall foliage that rewards photographers.
Families enjoy shoreline picnics, easy access to the water, and peaceful mornings that define the small-town pace of Falls Mills.

History and Local Character

Local history traces back to milling operations and the rail era, and the dam remains a visible reminder of the area?s working past.
Today a neighborly spirit shows in church gatherings, youth sports, and community projects that keep this Southwest Virginia town connected.

Visitor Tips and Nearby Attractions

Visitors typically base in nearby Bluefield or Tazewell for dining and lodging, then explore Falls Mills attractions and scenic overlooks by car.
Easy drives along US?460 and regional backroads link waterfalls, nature trails, and historic sites across the Appalachian Highlands.
Whether you?re researching Falls Mills VA real estate, planning a cabin weekend, or seeking a quiet fishing spot, this community delivers authentic Virginia mountain charm.



FAQ – Home Values in Falls Mills

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

In 2026, the typical home value in Falls Mills is about $200,325 for an average home size of 2874 square feet. This corresponds to an average price of roughly $70 per square foot.

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

In 2026, homes in Falls Mills sell for an average of around $70 per square foot, with a typical range between $87 and $87 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 Mills is about 2874 square feet, with an estimated 2026 value around $200,325.



Locations close to Falls Mills, VA

Grundy, VA90 $ / ft²
Hurley, VA68 $ / ft²
Jewell Ridge, VA73 $ / ft²
Doran, VA95 $ / ft²
Cedar Bluff, VA80 $ / ft²
Breaks, VA63 $ / ft²
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