Is Falls Mills, VA 24613 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Falls Mills is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Falls Mills housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Tazewell County, VA

Population	276
Average income	$38,017
Owner-occupied	79% of homes
Median year built	1982

Natural hazard riskWinter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 24613; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 24613

Prefilled for 24613Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24613Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bandy 24602 — /sq ft Bluefield 24605Balanced $105 /sq ft Broadford 24316 $147 /sq ft Cedar Bluff 24609Buyer’s market $101 /sq ft Browse all markets →

Where Falls Mills is

Loading map…

Questions about Falls Mills real estate

What are property taxes in Falls Mills?

About 0.62% of a home’s value a year in Tazewell County, or roughly $2,480 on a $400,000 home.

Local agents

See all agents in 24613 →

No sponsored agents in 24613 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 24613

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Tazewell County property taxes Tazewell County loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="24613"><a href="https://offerbacked.com/market/24613">Falls Mills, VA 24613 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology