Market Overview
Home Prices in Coleman Falls, VA
The median home value in Coleman Falls, VA is $289,039 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Coleman Falls are priced30% below average. Coleman Falls is part of the Lynchburg, VA metro area.
Price History
Coleman Falls Home Price Trend
2024
$274,240
$274K
—
2025
$276,719
$277K
+0.9%
2026
$289,039
$289K
+4.5%
City Comparison
Coleman Falls vs. National Median
🏠 Coleman Falls
$289,039
National Median
$410,000
At $289,039, homes in Coleman Falls cost 30% below the national median of $410,000. This makes Coleman Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Coleman Falls?
20% Down Payment
$57,808
on $289,039
Monthly P&I
$1,507/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,914/mo
incl. taxes & insurance
Income Needed
$76,560
gross annual (30% rule)
10% Down Option
$28,904
+ PMI applies
Loan Amount (20% dn)
$231,231
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Coleman Falls, VA?
The median home value in Coleman Falls is $289,039 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Coleman Falls?
Over the past year, home values in Coleman Falls have increased by 4.5%.
How much do I need to earn to buy a home in Coleman Falls?
To comfortably afford the median home price of $289,039 with a 20% down payment ($57,808) at today's rates (6.8%), you'd need a gross annual income of approximately $76,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Coleman Falls compare to the national average home price?
The national median home value is approximately $410,000. At $289,039, homes in Coleman Falls are 30% below the national average.
What metro area is Coleman Falls part of?
Coleman Falls is part of the Lynchburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.