Fallon Houses for Sale

/21
$175,000
- 3 Beds
- 1 Bath
- 886 Sq Ft
1617 Kirk Ave SE, Roanoke, VA 24013

Charming 3-bedroom, 1-bathroom home in a convenient location, fully updated for modern living! Gleaming granite countertops, crisp white cabinets, and stainless steel appliances shine in the stylish kitchen. Bright new LVP flooring flows throughout the spacious living room and dining room, perfect for gatherings. The refreshed bathroom features newer fixtures, and the newer HVAC ensures

Alex Taylor MAC WESTLAND REAL ESTATE GROUP

1617 Kirk Ave SE, Roanoke, VA 24013
Explore Fallon
/21
$85,000
- 2 Beds
- 1 Bath
- 856 Sq Ft
1318 Dale Ave SE, Roanoke, VA 24013

Great investment property for a flip or a rental or it would make a good first time home buyer with some TLC. This vinyl sided one story home features a living room, dining room, kitchen, 2 bedrooms, a full bathroom and laundry room. Additional features include a fenced yard and a covered front and rear porch. Home sold in AS IS condition and subject to seller finding suitable housing.

Dwayne Epperly KELLER WILLIAMS REALTY ROANOKE

1318 Dale Ave SE, Roanoke, VA 24013
/33
$169,888
- 3 Beds
- 1 Bath
- 992 Sq Ft
1518 Tazewell Ave SE, Roanoke, VA 24013

Enjoy stunning mountain views and even a glimpse of the iconic Mill Mountain Star, all within walking distance to vibrant downtown. This recently updated home offers the perfect blend of turn-of-the-20th-century charm and modern amenities - all with no HOA! The affordable price makes it ideal as a starter home or investment property. Inside you'll find a unique and flexible layout full of warm

Preston Trail MKB, REALTORS(r)

1518 Tazewell Ave SE, Roanoke, VA 24013
/15
$155,000
- 2 Beds
- 1 Bath
- 1,178 Sq Ft
1602 Campbell Ave SE, Roanoke, VA 24013

Welcome to 1602 Campbell Ave in Roanoke - a versatile property perfect for first-time homebuyers or investors. This cozy home offers great potential with its functional layout, inviting curb appeal, and convenient location close to downtown, shopping, dining, and public transportation.Whether you're looking to settle into an affordable home or expand your rental portfolio, this property checks

Jake Hinson RE/MAX 8

1602 Campbell Ave SE, Roanoke, VA 24013
/12
$200,000
- 3 Beds
- 2 Baths
- 1,260 Sq Ft
1917 Wise Ave SE, Roanoke, VA 24013

Courtnee Bishop MKB, REALTORS(r)

1917 Wise Ave SE, Roanoke, VA 24013

Virginia Roanoke City County Roanoke Fallon

Why Live in Fallon

Fallon, located in Southeast Roanoke, has faced economic challenges since the closure of the American Viscose plant in the 1950s. Despite these struggles, the neighborhood is undergoing revitalization with the city investing $1.7 million annually until 2025 to improve housing and infrastructure. Habitat for Humanity is also contributing by building new homes. Fallon Park, one of Roanoke’s largest parks, offers numerous things to do, including an Olympic-sized pool, six pickleball courts, and Virginia’s only permanent cyclocross course. The park also features an ADA-accessible playground and a trailhead for the Tinker Creek Greenway, a mile-long trail ideal for walking, biking, and blading. The annual Virginia’s Blue Ridge Go Cross Cyclocross Race attracts cyclists and spectators for a weekend of races and festivities. The Presbyterian Community Center provides essential services such as a food pantry and after-school programs, with plans to expand its facilities by 2025. Housing in Fallon ranges from historical Folk Victorian and American Foursquare homes to newer constructions, though some properties remain abandoned. The neighborhood offers views of the iconic Roanoke Star on Mill Mountain. While shops and restaurants are limited, essentials are accessible at nearby stores like Walmart Neighborhood Market and Dollar General. Fallon is about a mile from both Downtown Roanoke and Vinton, with Valley Metro bus service available.

Learn more about living in Fallon

Home Trends in Fallon, VA

On average, homes in Fallon, Roanoke sell after 44 days on the market compared to the national average of 52 days. The median sale price for homes in Fallon, Roanoke over the last 12 months is $153,475, up 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$153,475

Median Single Family Sale Price

$157,000

Average Price Per Sq Ft

$132

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

7.50

Median List Price

$155,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

19%

How to Buy a Home How to Finance a Home How to Sell a Home

In Fallon, there are currently 5 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $85,000 to $200,000, there's something for every budget. As of September, 2025 the median home price in Fallon, Roanoke is $155,000, while the average sale price is $154,350, providing insight into local market trends. On average, houses spend 44 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Fallon, Roanoke and find the perfect place to call home.

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