Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$141,228−3.1% YoY · prices are falling fast
Market right nowBalanced marketFewer homes for sale than last year, 10% have cut their price
Income needed to buy, per year$30,615About 0.5× the local median income ($56,486): affordable for a typical household
Days on market106 daysFaster than a year ago: sellers have the edge
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Falls County, TX is worth $141,228, down 3.1% from a year ago. That is well below what local incomes have historically supported: fair value is about $182,514, so the area is 22.6% undervalued. It is a balanced market: homes take about 106 days to sell, listings are down 17% from a year ago, 10% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $30,615 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,486. In the latest IRS figures, 148 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$141,228
Change in 1 year
−3.1%
Overvalued %
−22.6%
Show 7 more
Fair home value
$182,514
Change in 5 years
−17.9%
Zillow forecast, next 12 months
+0.2%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$765
Income needed to afford it
$30,615
Property tax rate
1.37%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−17.3%
Days on market
106
Listings with a price cut
10.4%
Show 3 more
Homes for sale
62
Pending sales per 100 listings
27
Asking price per sq ft
$108
People and jobs
Median household income
$56,486
Population change (1 year)
+0.6%
Unemployment rate
6.0%
Show 4 more
Population
17,869
Income adjusted for cost of living
$61,066
Net moves in (IRS)
+148
Cost of living (US = 100)
92.5
Schools, risk and environment
School rating (1 to 10)
3.5
FEMA hazard risk score (0 to 100)
26.2
Flood risk score
24.1
Show 3 more
Wildfire risk score
54.5
Walkability (1 to 20)
6.0
Road, rail and air noise
52 dB
Questions people ask
Is Falls County, TX overvalued?
Home prices in Falls County, TX are well below what local incomes have historically supported: fair value is about $182,514, so the area is 22.6% undervalued.
Is Falls County, TX a buyer's or seller's market?
Falls County, TX is a balanced market: homes take about 106 days to sell, listings are down 17% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Falls County, TX?
Home values in Falls County, TX are down 3.1% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Falls County, TX?
A household needs about $30,615 a year to afford the typical home in Falls County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,486.