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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 August 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

Apr 1, 2026 - Jun 30, 2026

Median sale price
$142K
-15% from Q1 '26
Median list price
$114K
-40% from Q1 '26
Active listings
7
+17% from Q1 '26
Homes sold
2
No change from Q1 '26
New pendings
3
+200% from Q1 '26
New listings
3
-25% from Q1 '26

Quarterly Pricing Trends for Fallon

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

Quarterly Pricing Trends for Fallon Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 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 sale price in Apr 2026 - Jun 2026: $142K 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 Median list price in Apr 2026 - Jun 2026: $114K 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 Apr 2026 - Jun 2026 Median sale price $142K Median list price $114K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
23
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 (Apr 2026 - Jun 2026).

Home values in Fallon have moved around over the past year, but the rolling three-month view through June 2026 shows prices still higher than a year ago. The typical home value is about $142,000, up nearly 19% year over year, even though it has dipped from early 2026 levels. In contrast, the median list price has fallen roughly 19% compared with last year, suggesting sellers are pricing more conservatively to meet buyers where they are.

Listing and contract activity tell a story of a small but active market. Active listings are roughly flat compared with last year, while new listings are down sharply, dropping more than half year over year. Even with fewer fresh listings, pending sales are up more than 50% versus a year ago.

Homes are taking longer to sell in this latest three-month window, with median days on market jumping from very low levels last year to about four weeks now. Months of supply has also shifted, sitting near 4.7 in Fallon compared with about 2.7 across Roanoke, pointing to relatively more options locally than in the broader city. No recent sales closed above list price, and the average sale-to-list ratio is just over 93%, indicating buyers often have room to negotiate. Whether you are a buyer watching these trends or a seller trying to price correctly, Agent Pronto can connect you with an agent who understands the Fallon market dynamics.



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.

“It was a pleasure working with William Mallory. He is patient, diligent, and has the buyers best interest at heart. I recommend working with him as he makes the home buying experience exciting and makes you feel supported throughout the process.”

Jordan Johnson · Hampton, VA

Photo of William Mallory
Iron Valley Real Estate
“Kris was excellent to work with. Kris helped us navigate through the home buying process while we were not able to be present, due to being stationed overseas. She was very easy to contact and answered all our questions quickly. She helped us though a the home buying process with ease and confidence. I would recommend Kris to friends and would love to work with her again in the future.”

Lauren · Fredericksburg, VA

Photo of Kris Riley
NextHome Mission
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”

Robin Cloyd · Jonesborough, TN

Photo of Creation Properties
Century 21 Legacy
“Gurdeep is a top notch realtor. We have worked with her over the last 16 years on the purchase of 3 homes and the sale of 2 homes. Gurdeep has handled each transaction with extraordinary knowledge, professionalism, and care. She has a keen eye for detail and makes sure all aspects of the sale are done correctly. She is incredibly articulate and uses her skills to finesse through challenging moments with excellent negotiation skills. Her media presentation for our property included a beautiful flyer presentation and drone footage of our 5 acre property that were completely above and beyond. This attracted serious buyers immediately. We have always had a fantastic experience with Gurdeep and we can’t recommend her enough! If you want the BEST, then choose Gurdeep!”

Lynn Morehouse · Manassas, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“Marc is the consummate professional, with top notch expertise and excellent people skills. Marc creates an environment where you truly feel heard and understood, and he makes you feel completely at ease throughout the entire process. Marc is very responsive and easy to get in touch with. A true pleasure to work with, I would highly recommend him.”

Mary · Ashburn, VA

Photo of Marc Massis
Century 21 New Millennium
“Judy did an excellent job throughout the process of selling our home - from the initial strategy thrugh closing. Her advice was absolutely critical in successfully selling the home. She went to extraordinary lengths to work through a couple of snags along the way, especially dealing with the HOA and various vendors. Absolutely recommend Judy for any real estate needs.”

Paul Ross · Triangle, VA

Photo of Judy Petrak
Century 21 New Millennium
“We were looking for a house in a certain area and told Pam of our needs. A house came on the market and she emailed me the listing right after it went live. We were the first people to call and tour the house and put in an offer, and I believe that the fast work that Pam put in was a decisive factor in how we got the home. There were days when I might call Pam half a dozen times and she always answered the phone and I could tell she had a smile on her face. This is the second time I've worked with her and I will definitely do it again in the future.”

Omar · Lanham, MD

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“Jamie and his team are top tier. I have full confidence that we would not have had the same level of success had we not partnered with them. For those looking for a team that differentiates themselves, James Strum and the Strum Group is the obvious choice!”

Scott McConnell · Powhatan, VA

Photo of The Strum Group
Long & Foster Real Estate Long and Foster
“It was a pleasure working with Debra. Her approach to getting my house sold quickly and for the best price was just what I needed. She easily navigated the many obstacles that came up during the process and her knowledge and experience really made the difference. I felt very much at ease knowing Debra was on the job.”

Darren Wright · Dumfries, VA

Photo of Debra McElroy
Century 21 New Millennium
“I can't say enough great things about how Bree handled my whole sales experience. She was on top of every aspect in getting my house exposed to as many potential buyers as possible. She kept me completely informed and handled every aspect with ease. She is truly a Professional! It was a pleasure having her represent me!! Thank you, Bree!”

Vincent Eberhart · Chesterfield, VA

Photo of Bree Cox
Century 21 Realty at Home
“Brooke was amazing!! She truly went above and beyond to help me find a house to call home. I truly could not be more thankful I got to work with her!!!”

Arianna Endicott · Johnson City, TN

Photo of Brooke Shelton
Century 21 Legacy
“a excelent realtor. very profecional”

Marcial Flores · Woodbridge, VA

Photo of Alfonso Torres
Carrington Real Estate
“It was my pleasure working with you Daniel. You listened to my concerns and responded positively. Thank you”

Cecilia Doe · Beltsville, MD

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“We were so happy we picked Karen as our realtor. The only realtor that told us Virginia is a buyer beware state. The process is long and Karen has the patience and flexibility to work with you. We received excellent customer service and highly recommend her for all your realtor needs. Thank You, Karen for helping us find our new home.”

Joe & Denise · Glen Allen, VA

Photo of Karen Dailey
Century 21 Realty @ Home
“I cannot recommend Lindsay enough. She was always available to answer my questions, kept me updated throughout the entire process, and made what could have been a stressful experience feel smooth and manageable. She genuinely cared about helping me find the right home and was there every step of the way. I am extremely grateful for all of her hard work and would not hesitate to work with her again or recommend her to my family and friends.”

Edwin Martinez · Woodbridge, VA

Photo of Lindsay Summa
NextHome Mission
“Debbie not only helped us find exactly what we were looking for, and where, but she helped us set up the sale of our previous house, and helped us negotiate consecutive closing dates as well as a possession maintenance period of our previous house in order to make our move easier. Having now worked with her on a sale and a purchase, plus her having done wonders for other family members, we would recommend her to anyone looking to purchase a home.”

Robert Pervere · Coinjock, NC

DM
The Real Estate Group
“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
“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
“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
“​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

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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