$126,332Average Value$126Average Price per Sq Ft4Homes For Sale
Struggling Roanoke neighborhood with lots of green space
Fallon and the rest of Southeast Roanoke struggled to recover after American Viscose, a rayon manufacturing plant that employed thousands, shut down in the 1950s. Many homeowners left this side of the city after the company shut down, and those who stayed struggled to find solid employment, says Nicole Jennings, executive director of nonprofit Presbyterian Community Center. “It was suddenly in a situation of poverty. It became generational because nothing came in to replace the plant.” Presbyterian Community Center opened in the middle of the Fallon and Belmont neighborhoods in the 1960s, providing a food pantry, after-school programs and emergency financial aid. In 2019, the city of Roanoke selected Fallon and Belmont as the two neighborhoods where it would concentrate its community development efforts between 2019 and 2025, and it invests $1.7 million in annual funding to build new homes, fix up existing houses and improve sidewalks. Habitat for Humanity in the Roanoke Valley is on track to build more than a dozen homes in Belmont and Fallon by the end of 2024, boosting the area’s deteriorating housing stock for existing and future residents. But despite its struggles, Fallon has natural beauty. Fallon Park, one of the biggest in Roanoke, covers half the neighborhood, and Tinker Creek is surrounded by a greenway on Fallon’s eastern edge.
Many of the homes in Fallon are boarded up, making this a great community to get a cheap flip.
Fallon is dominated by Fallon Park, which features a cyclocross course, basketball, and tennis.
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Waterside hiking on Tinker Creek Greenway
Fallon Park features the state’s only permanent course for cyclocross, a type of cycling where competitors race along a track but occasionally dismount to haul their bikes over obstacles or up staircases. Locals can splash into the Olympic-sized pool between June and August or play on one of six pickleball courts anytime. There’s also an ADA-accessible playground and a trailhead for the Tinker Creek Greenway. Users can walk, bike and blade the mile-long creekside trail, which ends south of the Roanoke River.
The Fallon Park pool is a popular place to cool off on a hot day.
The Tinker Creek Greenway runs alongside Fallon, and is a popular place to walk or cycle.
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Cyclocross competitors head to Fallon Park
Cyclists head to Fallon Park in September for Virginia’s Blue Ridge Go Cross Cyclocross Race. During the two-day event, children and adults pedal through dust, mud and sand while spectators cheer and occasionally ring cowbells. Besides the bike races, attendees compete in beer relays and grab bites from various food trucks. Many locals use the programs at Presbyterian Community Center, including the Pathways for Youth after-school program and Bridges Out of Poverty workshops. In 2025, the nonprofit will open a new center a block from Fallon to expand its offerings with amenities like an indoor gym. Jennings says she hopes the organization will add youth sports camps to its programming.
Take a nap in Fallon Park on a hot summer day.
For hot days Fallon residents can get a frozen lemonade from Deb's.
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Views of the Roanoke Star
Folk Victorian homes built in the late 1800s were some of the first built on Fallon’s gridded streets. American Foursquare houses, bungalows and Tudor Revivals followed in the early 20th century, but new construction basically stalled after the 1940s. Appearances vary from boarded-up, abandoned homes to historical houses with picket fences around tidy lawns. Some porches offer clear views of the Roanoke Star, an 89-foot-tall neon sign that glows atop Mill Mountain. The view makes the real estate valuable — if the homes are in good condition, Jennings says. “From the view of the star alone, the prices of those houses would increase tremendously.” Prices start around $100,000 for turnkey homes, climbing to the low $200,000s for recently renovated houses.
The Roanoke Star is easily visible from Fallon.
A row with an American Four Square, Folk Victorian and dilapidated house.
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Fallon Park Elementary hosts community health clinic
The neighborhood is home to Fallon Park Elementary School, graded a C-plus by Niche. LIFT Center, a health clinic, operates from Fallon Park Elementary. In addition to pediatric care, the clinic provides mental health counseling and English classes to students and their families. Older students can attend John P. Fishwick Middle School and William Fleming High School, which also get C-plus grades.
Fallon Park Elementary School sits right in Fallon Park, and is the best option for young kids.
John P. Fishwick Middle School gets a C+ from Niche.com.
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Heading outside Fallon for shops, restaurants
Shops and restaurants are scarce in Fallon and across Southeast Roanoke. Dollar General is the only neighborhood store, though locals can get groceries less than a mile away at Walmart Neighborhood Market. Residents can have pizza delivered from Emilio’s in the Belmont neighborhood or grab a burger at Bob’s Restaurant on the other side of Tinker Creek. Big Lots, Kroger and locally run downtown restaurants are about 2 miles away in the town of Vinton. Four Protestant churches dot the neighborhood; two are Baptist congregations, and the other two belong to Pentecostal-affiliated denominations.
Walmart Neighborhood Market serves as Fallon's grocery store.
Fallon residents can go to Market St SE in downtown Roanoke for most shopping needs.
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In between downtown and Vinton
Fallon is approximately equidistant to Downtown Roanoke and the town of Vinton; both are about a mile away. Dale Avenue is one of many roads drivers can take to both destinations. The city’s Valley Metro bus stops along Wise Avenue on its route between downtown and Vinton. The bus only stops once an hour, limiting its usability.
The bus serves as Fallon's public transit option.
Dale Avenue Connects Fallon to Vinton and Downtown Roanoke.
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Fallon Demographics and Home Trends
On average, homes in Fallon, Roanoke sell after 37 days on the market compared to the national average of 53 days. The median sale price for homes in Fallon, Roanoke over the last 12 months is $148,500, up 7% from the median home sale price over the previous 12 months.
Move in ready home at an easy to maintain size! Updated 2 or 3 bedroom home in the heart of Roanoke City. Tilt in windows, mini split in upper level, newer HVAC,original hardwood floors, large eat in kitchen, all appliances stay, plus a large lot with tons of off street parking and alley access. 2nd bedroom on main floor gives the only access to bathroom. Get inside today!
Great opportunity to own a buildable lot on Wise Ave in Roanoke! Priced right at tax assessment, this property gives you a solid deal from the start. Conveniently located near downtown, schools, shopping, and dining, while still offering some privacy with its natural setting.Whether you're ready to build now or just want to secure land for the future, this lot is a smart investment. Plus, there's
We cater to traveling medical professionals looking for a fully furnished, safe and comfortable place to stay while working in Roanoke. Lease is usually 90 days but, will consider a less than 90 day stay. Contact us. This unit is set up for TWO people. There is an increase in rent for additional occupants. We allow small crate trained dogs only on a case by case basis. If we approve your dog to
We cater to traveling medical professionals looking for a fully furnished, safe and comfortable place to stay while working in Roanoke. Lease is usually 90 days but, will consider a less than 90 day stay. Contact us.This unit is set up for TWO people. There is an increase in rent for additional occupants. We allow small crate trained dogs only on a case by case basis. If we
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