October's First-Time Homebuyer Report for Falmouth

With 4,274 residents, Falmouth is a larger than average city in Virginia. Also, with a 41.0% increase over the last 10 years, its population is growing faster than other parts of the state. Falmouth is made up of homes that are relatively old with a median of 28 years. Heading the list of top schools in the city is Stafford Sr. High School.

Price Range

The median value of homes in Falmouth is $234,300, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $337,479.

Out of all the listings in Falmouth, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$155K   $182K   $240K  

Typical Dwelling

The typical dwelling in Falmouth is a four-bedroom detached home worth about $344,174. To purchase a similar home, a buyer with good credit and a $68,835 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,536 monthly payment. The property tax rate is $9.28 per $1,000 of taxable assessed value.

Get started right now by checking out Falmouth homes for sale or reviewing Falmouth real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Snapped 2 homes in this area
Snapped 1 home in this area
EXP Realty, LLC.
Snapped 4 homes in this area

Agents that specialize in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.