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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 June 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

Feb 1, 2026 - Apr 30, 2026

Median sale price
$189K
+13% from Q1 '26
Median list price
$187K
-0.8% from Q1 '26
Active listings
5
-17% from Q1 '26
Homes sold
1
-50% from Q1 '26
New pendings
2
+100% from Q1 '26
New listings
1
-75% from Q1 '26

Quarterly Pricing Trends for Fallon

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

Quarterly Pricing Trends for Fallon Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $72K Median sale price in Jul 2021 - Sep 2021: $89K 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 list price in Apr 2021 - Jun 2021: $90K Median list price in Jul 2021 - Sep 2021: $129K 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 Apr 2021 - Jun 2021 Median sale price $72K Median list price $90K Jul 2021 - Sep 2021 Median sale price $89K Median list price $129K 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
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
25
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 (Feb 2026 - Apr 2026).

Home values in Fallon have shifted notably in the latest rolling three-month view, with the typical home value around $188,900, down about 10% from a year ago but up sharply from just a few months back. List prices are moving the other way year over year, with the median list price up more than 10%, suggesting sellers are testing higher price points even as closed-sale values ease compared with last year.

Inventory has expanded compared with a year ago, with active listings up more than 60% and about five homes currently on the market. Months of supply has climbed to roughly 9.1, far above the roughly three months seen across Roanoke, which signals more options and slower turnover in Fallon than in the broader city. Even with that looser supply, the average sale-to-list ratio is essentially at 100%, indicating that when homes do sell, they are generally closing near asking price.

Recent sales activity has cooled, with homes sold down nearly half from a year earlier in this rolling period, while pending sales are only slightly higher, pointing to modest but steady contract activity. At the same time, the median days on market has dropped sharply to about 20 days, so individual listings that attract buyers are moving relatively quickly despite the high overall supply. With mixed signals on pricing, inventory, and speed, buyers and sellers in Fallon can benefit from an Agent Pronto–recommended real estate agent to help them navigate local conditions and negotiate effectively.



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 →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Carla is a seasoned agent with a wealth of knowledge in the Northern Virginia area. We worked with her in the past, both buying and selling homes. We were extremely happy throughout the process then, and on the recent sale of our home. She is the only agent I would use going forward should the need arise. Thank you Carla!!”

Diane Peters · Manassas, VA

Photo of Carla  Unterkofler
Century 21 New Millennium
“Brooke is by far the best. She went above and beyond in every aspect to help us with the sale. She is a true professional and any client would be very fortunate to have her. I hope to work with her again in the future and will be recommending her to others. Thank you Brooke for everything!”

Andrew Keplinger · Kingsport, TN

Photo of Brooke Shelton
Century 21 Legacy
“We highly recommend Judy. This is the second time we've worked with her, having trusted her to both buy and sell our home, and she was outstanding throughout both experiences. As an active-duty military family living out of state during the sale, we relied heavily on Judy to manage the entire process. She coordinated showings, inspections, repairs, and all the details that come with selling a home, keeping us informed every step of the way and making what could have been a stressful experience feel seamless. Judy is knowledgeable, responsive, professional, and truly dedicated to her clients. Her guidance and attention to detail gave us complete confidence throughout the process. We are incredibly grateful for her hard work and would not hesitate to work with her again.”

Rob & Maggie · Stafford, VA

Photo of Judy Petrak
Century 21 New Millennium
“Nick was great to work with! He was very personable and easy going. He made time for every home we wanted to see at the exact times we wanted to see it. He stuck with us even after a 6 month lull in looking at homes. I would consider Nick not only a professional, but he has become a friend.”

Jacob and Sarah · Louisa, VA

Photo of Nick Hill
Century 21 New Millenium
“We cannot say enough good things about Danny. This was our second time working with him, and there is a reason we came back. He has earned our trust time and time again, and if we could use him for every real estate transaction in the future, we absolutely would. From listing and marketing our home to navigating inspections, repairs, buyer concerns, and closing, Danny went above and beyond every step of the way. We faced several unexpected challenges during the process, but he remained calm, proactive, and solution-oriented throughout. What sets Danny apart is his communication, professionalism, and genuine dedication to his clients. He kept us informed, advocated for our interests, coordinated with all parties involved, and made sure nothing fell through the cracks. We wholeheartedly recommend him to anyone looking for a knowledgeable, responsive, and trustworthy realtor.”

Miranda Richardson · Rockville, MD

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“Bree Cox did a great job selling my home. She communicated exceptionally well, and we were always on the same page regarding our goals for the sale and our strategy for marketing the home. We were under contract in less than a week, and the process couldn’t have gone more smoothly. I would highly recommend Bree to anyone looking to buy or sell a home in this market.”

Scott G · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Working with Boris in DC was an outstanding experience from start to finish. He was knowledgeable, responsive, and truly understood the DC market. Throughout the entire process, he made us feel informed and supported, always going above and beyond to answer questions and advocate for our interests. His professionalism, honesty, and attention to detail made what could have been a stressful experience feel smooth and manageable. I would highly recommend Boris to anyone looking to buy or sell a home in the DC area.”

D.T. · Washington, DC

Photo of Boris Miric
Fathom Realty
“We had the most amazing home buying experience with Mrs.Debra. She was very professional, courteous, and patient. She took extra care in listening to our desires and tailored our search for homes that met all our needs. Mrs. Debra also made herself available to us and acted with speed when it counted the most. Thank you so much for helping us find our new home.”

Latavia · Fairfax, VA

Photo of Debra  McElroy
Century 21 New Millennium
“Gurdeep was amazing - covering all the bases, communicating often, and working hard to sell our property in a short time. She made everything as easy as possible and was a source of excellent advice throughout the process, as well as a pleasure to work with. If we return to the area, we will absolutely seek her services again.”

Elizabeth · Reston, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“Lindsay, took a personal approach to the sale of my property. The entire process was challenged as a team, using ideas, suggestions and conclusions to reach the satisfactory results. Thank you, Lindsay. You were no less than Awesome!”

Bruce Nolen Sr · Woodbridge, VA

Photo of Lindsay Summa
NextHome Mission
“​I cannot recommend Wes Sparks at eXp Realty highly enough! My father and I recently worked with Wes to sell my father's home, and the entire experience was seamless, professional, and incredibly successful. ​From our very first meeting, it was clear that Wes is an expert in his field. He brought a wealth of market knowledge and a strategic approach that gave us immediate confidence. Selling a family home can often be an emotional and complex process, but Wes handled everything with the utmost respect and patience.”

Smithson · Stanardsville, VA

Photo of Wes Sparks
eXp Realty, LLC
“William was not only patient but very knowledgeable, informative, and supportive throughout the whole process. We got our dream home and I thank William for helping secure it.”

Micaiah · Virginia Beach, VA

Photo of William Mallory
Iron Valley Real Estate
“Barbie consistently arrives on time, communicates clearly and efficiently, and maintains a high level of professionalism.””

Alejandro Alvarez · Manassas Park, VA

Photo of Barbie Lee
Century 21 Redwood
“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
“Kris was wonderful to work with and we are greatful for her assistance in our fore ever home purchase”

Mike Greenberg · King George, VA

Photo of Kris Riley
NextHome Mission
“Thanks Ms. Debbie! You made the process a breeze and I appreciate your patience with all the questions of this first time homebuyer!”

Pete Riley · Elizabeth City, NC

DM
The Real Estate Group
“Pam is the epitome of professionalism and honesty. She operates with respect and integrity. She's incredibly well informed very balanced and measured in how she approaches things. She's always looking for solutions and a win-win outcome.”

Atousa · Washington, DC

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“I met Kat in 2022 when I needed help with a complicated sale on a tight timeline prior to an overseas assignment. She was amazing so there was no hestitation reaching out for assistance with this purchase. She and her associates are top notch all the way, bringing the unique combination of professionalism, technical acumen, positive attitude, and amazing work ethic. She's never let me down and absolutely worked miracles on several transactions for me and my family. It's an honor to support her with this review!”

Jeff · Winchester, VA

Photo of Katherine Wetzel
Century 21 Redwood Realty
“As a first-time homebuyer, working with Catherine was an amazing experience from start to finish. She was incredibly patient, knowledgeable, and always took the time to explain each step of the process in a way that made everything feel manageable and stress-free. Catherine was always responsive, professional, and truly had our best interests at heart. She made what could have been an overwhelming experience feel exciting and smooth. We couldn't have asked for a better person to guide us through our first home purchase and would highly recommend her to anyone-especially first-time buyers.”

Catherine Melendez M. · Chesapeake, VA

Photo of Catherine Kowalsky
Berkshire Hathaway BHHS RW Towne Realty
“Working with this agent was a great experience. They were always available to answer questions, offer guidance, and provide support every step of the way. Their expertise and dedication made the entire process easy and enjoyable. I couldn’t recommend them more highly.”

Harry Patel · Dinwiddie, VA

Photo of Asif Kabani
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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