Fallston, North Carolina.
Typical home $199,523 (+2.4% in a year). Shelby, NC metro.
to buy the typical home at today's mortgage rate — +$329 (+46%) since Feb 2022.
- 1 year
- Up $4,613 +2%
- $194,910$199,523 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fallston$1,047
- North Carolina$1,743
- United States$1,922
Typical home values in Fallston, NC rose 2.4% over the past year — faster than the nation's +1.2%.
Living in Fallston, Cleveland County, North Carolina
Fallston is a town of 627 people in Cleveland County. Unemployment in Cleveland County was 4.3% in August 2026, and the county had 2.0% fewer jobs in 2025 than the year before. The most people in Cleveland County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fallston is a very small town in Cleveland County, North Carolina, with a population well below that of most towns in the state. Homes here are valued below what is typical across much of the country, and household incomes across Cleveland County are modest. Winters are cool, with January the coldest month and highs near freezing on the worst days only rarely, while July is warm and the year brings a fair amount of rain and a little melted snow.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and professional and business services also common. Across Cleveland County, some of the largest workplaces are Cleveland County Schools, Atrium Health Cleveland and Walmart. Commutes are on the longer side, and only a small share of people work from home. Across the county, unemployment has eased a little over the past year, though there are somewhat fewer jobs than there were a year earlier.
Things to do. Beam's Shell Service Station and Office, a museum, is a short drive away. A longer drive brings you to Kings Mountain National Military Park, an archaeological site tied to the history of the area, and to Crowders Mountain State Park, a protected area for walking and time outdoors. High Shoals Falls, a waterfall, is also a longer drive away.
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- 26 mintypical commute
- 7%work from home
What people in Cleveland County work in
Employed residents by industry, from the Census survey. Cleveland County had 35,958 jobs in 2025, 2.0% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 50° and lows near 27°; warmest in July, with highs near 88° and lows near 66°. About 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Vale Ag Southwest weather station, 7 miles away (NOAA).
Largest workplaces in Cleveland County
- Cleveland County SchoolsSchool district1,851FTE
- Atrium Health ClevelandGeneral hospital1,597FTE
- WalmartGeneral warehousing and storage1,422
- Gardner-Webb UniversityUniversity or college608
- Cleveland Community CollegeTwo-year college567
- Catawba Two Kings Casino494
- WalmartWarehouse clubs and supercenters440
- Electric Glass Fiber AmericaGlass fiber, textile type, made in glass making plants404
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 89 workplaces with 20 or more staff, 12,307 people in all across the county; Fallston has none of its own. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively high
- LightningRelatively high
- Inland floodingRelatively high
- Strong windRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fallston’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cleveland County and the Shelby, NC metro.
Fallston home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fallston$199,523
- North Carolina$332,159
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Fallston address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fallston — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.