Home Insurance in Falls Church, Virginia

Homes in Falls Church carry a median value of $1,055,600 - close to the Falls Church city median.

The typical home in Falls Church was built around 1971. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 33% of homes were built before 1960, in line with Falls Church city (33%).

Housing in Falls Church breaks down to 46% single-family homes and 49% apartments in buildings with 5+ units.

About 72% of owner-occupied homes in Falls Church have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 53% of occupied homes in Falls Church are owner-occupied.

In Falls Church, 51% of homes are primarily heated with natural gas.

Falls Church city's top FEMA-rated hazard is hurricane (Very Low), per FEMA's National Risk Index. Falls Church city had 157 active NFIP flood policies as of September 2026. See the full Falls Church city home insurance overview for all FEMA hazard ratings and flood coverage details.

In Virginia, the statewide average premium for a standard HO-3 homeowners policy is $1,537 per year (NAIC, 2023 data).

Key figures

Median home value$1,055,600
Median year built1971
Owner-occupied share53%
Share of owner-occupied homes with a mortgage72%
Top county hazardHurricane (Very Low)
Active NFIP policies in Falls Church city157
Home insurance premium$1,537 - statewide average (NAIC, 2023 data)
Key home insurance figures for Falls Church, VA

Nearby towns

Sources

Data last updated: 2026-09-29