Commercial Real Estate Market in Falling Waters, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 194 off-market properties in Falling Waters, WV.
Market Trends
Falling Waters, WV spans 17.5 square miles in Berkeley County, West Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Falling Waters, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Falling Waters, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Falling Waters, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Falling Waters, WV runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Falling Waters, WV has 11,781 residents in 5,388 households. Density runs 674 people per square mile. Median household income here is $86,316 and median gross rent $1,229 a month.
11,781
Population
5,388
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
17.5 sq mi
ZIP Area
674
Density / Sq Mi
$86,316
Median Household Income
$48,685
Median Earnings
$1,229
Median Rent
$250,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Williamsport | — | — |
| Big Spring | — | — |
| Hedgesville | — | — |
| Clear Spring | — | — |
Commercial property in Falling Waters, WV asks $1,596/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Falling Waters?
Commercial property in Falling Waters, WV asks an average of $1,596 per square foot. The 3 most recent recorded sales traded at a median of $79/SF, so asking sits 1912% above the achieved median.
Where does Realmo's Falling Waters market data come from?
Realmo compiles Falling Waters, WV figures from 3 recent recorded sales, 36 active sale listings, 194 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 0 active for-lease listings in Falling Waters, WV. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
