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Fallon Homes for Sale

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  • /34

    $189,000

    • 2,320 Sq Ft

    201 18th St SE, Roanoke, VA 24013

    Attention Investors! Corner-lot duplex featuring two spacious 3BR/1.5BA units, each with its own fenced backyard, an ideal setup for strong tenant appeal. Perfect opportunity for steady rental income with income to offset expenses. Both units offer separate fenced backyards, perfect for outdoor relaxation, pets, or entertaining, an attractive feature for long-term tenants. The corner lot setting

    Travis Hill KEYSTONE REALTY OF ROANOKE LLC

    201 18th St SE, Roanoke, VA 24013
  • /17

    $192,000

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft

    1518 Tazewell Ave SE, Roanoke, VA 24013

    ATTENTION INVESTORS...Unique , charming house in perfect convenient location just minutes from downtown. 3 bedrooms 1 bath with finished loft room/attic that adds even more space and character.Patio room off kitchen with large deck overlooking back yard and mountain views as well as Beautiful views of Mill Mountain star from the front of the property. Currently a rental property with tenants. A

    Whitney Smith PMI COMMONWEALTH

    1518 Tazewell Ave SE, Roanoke, VA 24013
  • /17

    $118,335

    • 3 Beds
    • 1 Bath
    • 768 Sq Ft

    1320 Tazewell Ave SE, Roanoke, VA 24013

    Vacant

    Courtnee Bishop MKB, REALTORS(r)

    1320 Tazewell Ave SE, Roanoke, VA 24013
  • /12

    $184,474

    • 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

Frequently Asked Questions

Is Fallon a good place to live?
Fallon is a good place to live. Fallon is considered car-dependent and somewhat bikeable with some transit options. Fallon has 1 park for recreational activities. It is fairly sparse in population with 5.4 people per acre and a median age of 33. The average household income is $57,893 which is below the national average. College graduates make up 12.6% of residents. A majority of residents in Fallon are renters, with 65% of residents renting and 35% of residents owning their home. A local real estate agent serving Fallon can help you decide if this neighborhood is the right one for you. Learn more on our Fallon neighborhood guide.
Is Fallon, VA a safe neighborhood?
Fallon, VA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Fallon?
The median home price in Fallon is $144,000. If you put a 20% down payment of $28,800 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $30K a year to afford the median home price in Fallon. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Fallon is $58K.
What are the best public schools in Fallon?
The best public schools that serve Fallon are:
What are the best private schools in Fallon?
The best private schools that serve Fallon are:
  • Roanoke Catholic School has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.2.
  • Community High School has a B Niche grade, a student teacher ratio of 5:1 and an average review score of 4.4.
What are the most popular zip codes in Fallon, Roanoke, VA?
The most popular zip codes in Fallon, Roanoke, VA include 24013, 24179, 24017, 24012 and 24014.
What are the most popular neighborhoods near Fallon, Roanoke, VA?
The most popular neighborhoods near Fallon, Roanoke, VA are Kenwood, Belmont, Morningside, Wildwood and Eastgate.
Are home prices dropping in Fallon?
Yes, home prices in Fallon are down 13% in the last 12 months.

Home Trends in Fallon, VA

Housing Trends

Median Sale Price
$140,000
Median Single Family Sale Price
$140,000
Average Price Per Sq Ft
$108
Number of Homes for Sale
3
Last 12 months Home Sales
11
Months of Supply
3.30
Median List Price
$144,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-9%
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