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Real estate in Roanoke’s Fallon neighborhood.

Compare top Fallon real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Fallon real estate Market Report.

Information and statistics on the latest trends in the Fallon real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$57K
-60% from Q2 '26
Median list price
$84K
-27% from Q2 '26
Active listings
6
-14% from Q2 '26
Homes sold
4
+100% from Q2 '26
New pendings
3
No change from Q2 '26
New listings
4
+33% from Q2 '26

Quarterly Pricing Trends for Fallon

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Fallon Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $110K Median sale price in Jan 2022 - Mar 2022: $95K Median sale price in Apr 2022 - Jun 2022: $120K Median sale price in Jul 2022 - Sep 2022: $102K Median sale price in Oct 2022 - Dec 2022: $33K Median sale price in Jan 2023 - Mar 2023: $125K Median sale price in Apr 2023 - Jun 2023: $85K Median sale price in Jul 2023 - Sep 2023: $108K Median sale price in Oct 2023 - Dec 2023: $101K Median sale price in Jan 2024 - Mar 2024: $95K Median sale price in Apr 2024 - Jun 2024: $135K Median sale price in Jul 2024 - Sep 2024: $172K Median sale price in Oct 2024 - Dec 2024: $173K Median sale price in Jan 2025 - Mar 2025: $250K Median sale price in Apr 2025 - Jun 2025: $120K Median sale price in Jul 2025 - Sep 2025: $140K Median sale price in Oct 2025 - Dec 2025: $90K Median sale price in Jan 2026 - Mar 2026: $167K Median sale price in Apr 2026 - Jun 2026: $143K Median sale price in Jul 2026 - Sep 2026: $57K Median list price in Oct 2021 - Dec 2021: $109K Median list price in Jan 2022 - Mar 2022: $137K Median list price in Apr 2022 - Jun 2022: $115K Median list price in Jul 2022 - Sep 2022: $99K Median list price in Oct 2022 - Dec 2022: $108K Median list price in Jan 2023 - Mar 2023: $95K Median list price in Apr 2023 - Jun 2023: $120K Median list price in Jul 2023 - Sep 2023: $129K Median list price in Oct 2023 - Dec 2023: $107K Median list price in Jan 2024 - Mar 2024: $141K Median list price in Apr 2024 - Jun 2024: $151K Median list price in Jul 2024 - Sep 2024: $172K Median list price in Oct 2024 - Dec 2024: $244K Median list price in Jan 2025 - Mar 2025: $125K Median list price in Apr 2025 - Jun 2025: $140K Median list price in Jul 2025 - Sep 2025: $157K Median list price in Oct 2025 - Dec 2025: $127K Median list price in Jan 2026 - Mar 2026: $189K Median list price in Apr 2026 - Jun 2026: $115K Median list price in Jul 2026 - Sep 2026: $84K Oct 2021 - Dec 2021 Median sale price $110K Median list price $109K Jan 2022 - Mar 2022 Median sale price $95K Median list price $137K Apr 2022 - Jun 2022 Median sale price $120K Median list price $115K Jul 2022 - Sep 2022 Median sale price $102K Median list price $99K Oct 2022 - Dec 2022 Median sale price $33K Median list price $108K Jan 2023 - Mar 2023 Median sale price $125K Median list price $95K Apr 2023 - Jun 2023 Median sale price $85K Median list price $120K Jul 2023 - Sep 2023 Median sale price $108K Median list price $129K Oct 2023 - Dec 2023 Median sale price $101K Median list price $107K Jan 2024 - Mar 2024 Median sale price $95K Median list price $141K Apr 2024 - Jun 2024 Median sale price $135K Median list price $151K Jul 2024 - Sep 2024 Median sale price $172K Median list price $172K Oct 2024 - Dec 2024 Median sale price $173K Median list price $244K Jan 2025 - Mar 2025 Median sale price $250K Median list price $125K Apr 2025 - Jun 2025 Median sale price $120K Median list price $140K Jul 2025 - Sep 2025 Median sale price $140K Median list price $157K Oct 2025 - Dec 2025 Median sale price $90K Median list price $127K Jan 2026 - Mar 2026 Median sale price $167K Median list price $189K Apr 2026 - Jun 2026 Median sale price $143K Median list price $115K Jul 2026 - Sep 2026 Median sale price $57K Median list price $84K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Home prices in Fallon have pulled back sharply in the latest rolling three-month view, with the typical home value down nearly 60% from a year ago while the broader Roanoke market saw a modest rise. At the same time, the median list price has fallen almost half year over year, signaling that sellers are pricing more conservatively to meet current demand and attract value-focused buyers.

Listing and contract activity reflects this reset in pricing. Homes sold are up strongly compared with last year, while new listings have declined, which helps explain why active listings are down nearly 45% year over year. Pending sales have eased from a year ago, yet buyers who do commit are acting quickly, contributing to a thinner pool of available homes.

Speed and supply conditions reinforce this story of lower prices but brisk movement. The median days on market has dropped to just over a week, a significant improvement from both earlier this year and last year, and months of supply has fallen steeply over the past year to about two and a half months, keeping Fallon in seller’s market territory. With no recent sales closing above list price and an average sale-to-list ratio in the low 80s, buyers have room to negotiate even as sellers benefit from faster sales. To navigate these shifting dynamics, both buyers and sellers can turn to Agent Pronto to connect with a local agent who understands Fallon’s trends.



Learn more about what Fallon has to offer.

Fallon offers residents a close-knit, welcoming community with tree-lined streets, convenient access to parks and local amenities, and a comfortable, connected feel that supports everyday life.

Fallon in Roanoke tends to appeal to buyers who value a residential setting with quick access to employment, healthcare, and daily conveniences. Its location near Downtown Roanoke and the Roanoke-Blacksburg Regional Airport makes it a practical choice for commuters, medical professionals, and frequent travelers who still want a neighborhood feel.

Homes in Fallon range from modest single family houses to older residences with oversized yards, which often attract first time buyers and long term residents alike. Proximity to Berglund Center gives locals easy access to concerts, events, and family entertainment, while nearby Washington Park offers green space, a pool, and playgrounds. Everyday errands are straightforward thanks to shopping and services along Orange Avenue and quick routes into Roanoke.

Families often look closely at school options such as William Fleming High School and nearby Lucy Addison Middle School. Outdoor enthusiasts appreciate how close Fallon is to Mill Mountain Park and regional trail systems, while those who enjoy local culture can reach the Taubman Museum of Art and the Roanoke Public Libraries system without much driving.

Because Fallon’s value, feel, and even traffic patterns can differ block by block, working with an Agent Pronto recommended agent who knows the neighborhood level details can help both buyers and sellers make confident decisions and achieve their goals.

Find your Fallon real estate agent today →


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“FIVE STARS JUST AREN’T ENOUGH! We can’t say enough good things about the Christy Crouch Team! From the day we went under contract until the day we closed, the entire experience was absolutely outstanding. Customer service was second to none, communication was off the charts, and the professionalism demonstrated throughout the entire process was unmatched. We never had to wonder what was happening or what came next. We were kept informed every step of the way, and it was obvious we were dealing with people who genuinely cared about us and getting the job done right. In a world where exceptional customer service sometimes seems like a thing of the past, the Christy Crouch Team is a shining example of how business SHOULD be done! Would we recommend them? ABSOLUTELY, without hesitation! Thank you to Christy and the entire team for making such an important chapter in our lives a truly wonderful experience. Mike & Sherry”

mike07384 ·

Photo of The Crouch Team
RE/MAX Remax All Points
“We are so grateful for Amy and her team for going above and beyond while selling my parents’ home! She helped us with so many details beyond the sale itself, and thanks to her expertise, we sold for more than asking price. She made a difficult process so much easier we highly recommend Amy! The Brown Family”

Kim Brown ·

Photo of The Hudson Team
RE/MAX 8
“Grimm Brothers construction has used dwayne on multiple property acquisitions. He has assisted in both the buying and selling of many residential properties. We have found him to be very responsive whenever we have questions concerning closing, property values etc. Dwayne has a vast knowledge of property values and whats available in the shenandoah valley. Wouldn't use anyone else!”

Ben grimm ·

Photo of Dwayne Caricofe
LPT Realty LLC
“Kendra was a good experience all the way around. She was empathetic when needed and quick with information when ask. Her agency has many advantages,too many to list. Even her sign was by far the best. Her assistant was extremely helpful. If you are an older person, I am work with Kendra. If you are a christian ,I am work with Kendra. If you expect diligence,timeliness expertise work with Kendra...”

hamcomonty ·

Photo of Virginia Realty Group
Virginia Realty Group
“Thanks to Steven, we were able to successfully close on our first rental property, and we could not be happier with the experience. As first-time investment property buyers, we had a lot of questions and wanted to make sure we were making informed decisions throughout the process. Steven was incredibly helpful, knowledgeable, and patient every step of the way. He took the time to explain things clearly, kept us informed of important updates, and was always quick to respond whenever we reached out. His professionalism and attention to detail helped make what could have been a stressful process feel much more manageable. We truly appreciated his guidance, honesty, and dedication to helping us achieve our goal of purchasing our first rental property. Thanks to his hard work and support, the transaction went smoothly from start to finish. We would highly recommend Steven to anyone looking to buy, sell, or invest in real estate.”

kbriggs55 ·

Photo of Steven & Abbey Lee
Red Key Realty
“Adam worked with me an my husband , very nice and understood what I needed to do an got it done.”

Dustin and Amber Perdue · Bedford, VA

Photo of Adam Hazelwood
eXp Realty Rural Virginia Homes, Farms & Land
“Smooth and easy. Rusty was receptive to what we were looking for and was extremely patient. From the very first conversation, it was clear he genuinely cared about helping me find the right home—not just closing a deal. He’s local and is knowledgeable, responsive, and incredibly patient throughout the entire process. Every question I had was answered quickly and clearly, and he took the time to explain. Rusty is also a U.S. Marine Corps Veteran and his commitment and dedication shows! What stood out the most was his professionalism and positive attitude. Rusty was down to earth and treated us like his own family! Buying a home can be stressful, but Rusty made it smooth, organized, and even enjoyable. I couldn’t be happier with the outcome and would absolutely recommend him to anyone looking to buy or sell a home.”

John Piraino ·

Photo of Rusty Hubbard
The Real Brokerage Real Broker, LLC
“Angel is an angel! We recently purchased our first home after relocating to roanoke in july. She really led the way on the whole process! I truly belive we wouldn't be here without her. I can't even articulate what a wonderful experience we had working with her. She was very communitive through the whole process, gently guiding us to the right home in the right neighborhood for the right price. No games, just what we needed for being so green to this whole process. She's straight forward and honest, if you need her advice she will happily give it when asked. When things started to fall apart on our end she kept moving and found our home, We were the first ones in the door the day it went on the market and a offer was made and accepted that evening! With little cash to close after the big move, she negotiated the perfect offer for us so both parties were happy and jubilant! We cannot wait to have her back over once we finish a few projects to show our progress. My only regrets is that I didn't write this review sooner. She is a treasure and treated our new family like her own. If you are looking for an agent, a friend or someone extremely knowledgeable about the area, you just found her.”

zuser20190606173143330 ·

Photo of McCarren Lane Team
McCarren Lane Team with Wainwright & Co. - Realtors
“I listed a house for sale in Fairlawn, VA. Within an hour of me listing it FSBO, I received a call from Riley. He was so forthcoming and candid that I decided to give him a chance to list it with EXPRealty. Little did I know what I was signing up for. Not only did he handle all the usual things (open house, showings, etc.) but he was my advocate the whole time. I felt like I could trust him. He communicated promptly, candidly and clearly with me, always gave me the good the bad and the bottom line. His attention to detail - impeccable. His connections with a contractor allowed the repairs to happen in a timely manner and on budget. I would go thru him again if I needed to buy/sell another house. Thank you Riley!”

StellaBoyer ·

Photo of Riley Hall
EXP REALTY LLC
“Bob did a wonderful job with staying in touch .sending documents to be looked over .everything went smooth .great guy would recommend him to others can’t wait to start a new beginning up here.”

PatriciaStone26 ·

Photo of The Realty Group
Keller Williams Lynchburg
“Rob was incredibly helpful throughout the home buying process! We closed in just over three weeks! Rob was knowledgeable, and fast with helpful responses to all our questions, negotiated with sellers to get any issues found during inspection fixed at no cost to us. This will hopefully be our forever home, but we would choose Rob again in any future home purchases in the Roanoke area.”

allisonkrantz ·

Photo of Rob Kern
Real Broker LLC
“Artur was amazing at helping us find a home, he was very quick, responsive and attentive. My family and I are very happy with services and highly recommend him if you are looking for a home!”

PamelaMaldonado5 ·

Photo of Artur Guney
eXp Realty, LLC

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Fallon. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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