Why Live in Valley Falls
Valley Falls in Cumberland is a picturesque neighborhood known for its scenic views and rich history. The area features a mix of 1,500- to 1,750-square-foot raised ranch houses, split-levels, and Colonial Revival homes, with some older houses converted into multifamily townhouses and condos. The Cumberland School Department and The Lincoln Public School District serve the area, with highly rated schools like Joseph McCourt Middle School and Lincoln Senior High School. Valley Falls offers numerous things to do, including outdoor activities at Valley Falls Heritage Park and River Island Park, which provide wooded and paved trails along the Blackstone River. The Blackstone River Greenway features a bike path, athletic fields, and picnic areas, while Lincoln Woods State Park offers biking, walking trails, kayaking, and fishing around Olney Pond. The historical Monastery Recreation Center, now housing a library and playground, adds to the neighborhood's charm. For daily needs, residents shop at Dave’s Marketplace and Stop and Shop, and dine at local favorites like La Familia and Bandidos Mexican Restaurant. The Lincoln Shopping Center offers additional conveniences. Valley Falls is well-connected, with bus stops along U.S. Route 122 and proximity to Interstate 295. The Massachusetts border is just one mile east, and downtown Providence is eight miles south.
Frequently Asked Questions
Is Valley Falls a good place to live?
Valley Falls is a good place to live. Valley Falls is considered somewhat walkable and bikeable. Valley Falls has 6 parks for recreational activities. It is somewhat dense in population with 6.7 people per acre and a median age of 41. The average household income is $101,081 which is above the national average. College graduates make up 24.4% of residents. A majority of residents in Valley Falls are home owners, with 42.9% of residents renting and 57.1% of residents owning their home. A
local real estate agent serving Valley Falls can help you decide if this neighborhood is the right one for you. Learn more on our
Valley Falls neighborhood guide.
Is Valley Falls, RI a safe neighborhood?
Valley Falls, RI is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Valley Falls?
The median home price in Valley Falls is $380,000. If you put a 20% down payment of $76,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Valley Falls. The average household income in Valley Falls is $101K.
What are the best public schools in Valley Falls?
The best public schools that serve Valley Falls are:
What are the best private schools in Valley Falls?
The best private schools that serve Valley Falls are:
- Saint Raphael Academy has an A- Niche grade, a student teacher ratio of 14:1 and an average review score of 4.2.
- St Cecilia School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 3.8.
What are the most popular zip codes in Valley Falls, Cumberland, RI?
What are the most popular neighborhoods near Valley Falls, Cumberland, RI?
Are home prices dropping in Valley Falls?
Yes, home prices in Valley Falls are down 11% in the last 12 months.
Home Trends in Valley Falls, RI
On average, homes in Valley Falls, Cumberland sell after 91 days on the market compared to the national average of 70 days. The median sale price for homes in Valley Falls, Cumberland over the last 12 months is $382,500, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$382,500
Median Single Family Sale Price
$385,000
Median Townhouse Sale Price
$186,500
Median 1 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$292
Number of Homes for Sale
7
Last 12 months Home Sales
62
Median List Price
$380,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-32%