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Fallon Homes for Sale

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  • /2

    $39,900

    • Land
    • 2.3 Acres
    • $17,348 per Acre

    0 Wise Ave SE, Roanoke, VA 24013

    Opportunity in Roanoke with two lots totaling approximately 2.3 acres and Industrial zoning. Featuring about 225 feet of frontage on Wise Ave, this property is positioned in a residential area near schools, parks, apartments, and existing industrial and commercial uses. With railroad access at the rear and strong visibility along the road, this property offers excellent potential for investment

    Spencer Hirshfeld Sarver Properties

    0 Wise Ave SE, Roanoke, VA 24013
  • /2

    $8,550

    • Land

    1316 Tazewell Ave SE, Roanoke, VA 24013

    Vacant lot located near Downtown Roanoke

    Emma Bailey MAC WESTLAND REAL ESTATE GROUP

    1316 Tazewell Ave SE, Roanoke, VA 24013
  • /17

    $115,968

    • 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

    $180,784

    • 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

Fallon Home Prices vs. Nearby Roanoke, VA Neighborhoods

Fallon Belmont Harrison Washington Park
Median Home Price
$132,500
$139,950
$164,950
$147,928
Median Sale Price
$122,500
-20% YoY
$144,925
+11% YoY
$159,000
+45% YoY
$165,000
+10% YoY
Median Single Family Price
$127,984
$139,950
$155,000
$152,953
Total Active Listings
2 listings
13 listings
10 listings
5 listings
Market Conditions
2 Months of Supply
Seller's Market
6 Months of Supply
Balanced Market
7 Months of Supply
Buyer's Market
12 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Fallon a good place to live?
Fallon is a good place to live. Fallon is considered somewhat walkable and bikeable with some transit options. Fallon has 1 park for recreational activities. It is somewhat dense in population with 6.0 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 $132,500. If you put a 20% down payment of $26,500 and had a 30-year fixed mortgage with an interest rate of 6.69%, your estimated principal and interest payment would be $680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $29K 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:
What are the most popular zip codes in Fallon, Roanoke, VA?
The most popular zip codes in Fallon, Roanoke, VA include 24013, 24017, 24012, 24179 and 24014.
What are the most popular neighborhoods near Fallon, Roanoke, VA?
The most popular neighborhoods near Fallon, Roanoke, VA are Kenwood, Belmont, Morningside, Hollins Center and Eastgate.
Are home prices dropping in Fallon?
Yes, home prices in Fallon are down 26% in the last 12 months.
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