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Featured local agent — Fallon, NV

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Fallon, NV

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fallon, NV(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fallon, NV Housing Market & Real Estate

Seller's market+6.1% YoY

Housing market overview · Updated monthly ·

$350,000median sale price

How is the Fallon, NV housing market right now?

The median home sale price in Fallon, NV is $350,000, up 6.1% year-over-year. Homes sell in an average of 62 days with 25 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Fallon a buyer's or seller's market?

Seller's market1.7 months of supply62 avg. days on market

Fallon, NV is currently a seller's market, based on 1.7 months of supply and homes selling in about 62 days. How we determine this →

Homes sold

15

Last 12 weeks

Days on market

62

Average pace

Active listings

25

1.7 months supply

Sale-to-list

99.0%

Below asking

What does the Fallon housing market data show?

Current housing market statistics for Fallon, NV
MetricValue
Median sale price$350,000
Median list price$392,000
Year-over-year price change+6.1%
Average days on market62 days
Active inventory25 listings
Months of supply1.7 months
Sale-to-list price ratio99.0%
Median price per sq ft$256/sq ft
Homes sold (latest month)15
New listings (latest month)17
Listings with a price cut28.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Fallon by property type?

How the Fallon, NV market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Fallon, NV
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$350,000$256/sq ft1562 days
Townhouse$195,000$156/sq ft419 days

Source: Redfin · Updated monthly

The Fallon housing market is currently classified as a seller's market with a median sale price of $350,000. Prices have risen 6.1% compared to last year, with homes spending an average of 62 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.

Homes for sale in Fallon

There are currently 25 homes listed for sale in Fallon, Nevada. The median listing price is $392K.

Active listings

25

Homes on market

Median list price

$392K

Avg. days on market

62

Days until sale

New this week

17

Newly listed

Price drops:28.0%of listings
Sale-to-list:99.0%

Who lives in Fallon?

Population

9,371

Median income

$65,699/yr

Median age

35.4 years

Owner-occupied

47.3%

College grads

16.6%

Avg commute

24.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Fallon?

Zillow home value

$396,731

Price-to-income

6.0x

Source: Zillow Research

What is it like to live in Fallon?

Fallon is a community of approximately 9K residents with a median age of 35.4 years.The median household income is $65,699, which represents a working-class community with solid middle-income opportunities. 16.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 47.3%, showing a blend of owner and renter-occupied properties. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fallon offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Fallon?

8 schools tracked · 4,105 students

The largest public schools serving Fallon, NV by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Churchill County High School

Grades 9-12 · 1,089 students

Public

Oasis Academy

Grades K-12 · 770 students

Charter

Churchill County Middle School

Grades 6-8 · 724 students

Public

E C Best Elementary

Grades 2-3 · 465 students

Public

Numa Elementary School

Grades 4-5 · 454 students

Public

Lahontan Elementary School

Grades K-1 · 445 students

Public

Northside Early Learning Center

Grades PK · 105 students

Public

Churchill County Adult Ed

Grade range n/a · 53 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Fallon, NV?

Want a head-to-head view? Compare Fallon side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Fallon?

The median home sale price in Fallon is $350,000, up 6.1% from last year.

How long do homes stay on market in Fallon?

Homes typically spend 62 days on market before going under contract.

What is the median income in Fallon?

The median household income is $65,699 per year.

Is Fallon a buyer's or seller's market?

With 1.7 months of supply, Fallon is currently a seller's market.

What is the Zillow home value estimate for Fallon?

The Zillow Home Value Index (ZHVI) for Fallon is $396,731, representing the typical home value in the area.

How much does a single-family home cost in Fallon?

The median single-family home price in Fallon, NV is $350,000 (about $256 per square foot).

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