Fallon Real Estate

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Fallon, Nevada
Average Home Sizes and Asking Prices

Updated On: September 19, 2014
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
89406 2,300 sf $244,000 1,800 sf $193,000 69


89406 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  42   $149k
 1 Year Ago  46   $163k
 6 Months Ago   48   $176k
 1 Month Ago  46   $193k
 Today  46   $193k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 89406


Sold Price History in 89406
89406 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Fallon Real Estate & Homes for Sale in Nevada

The city of Fallon is located in Churchill County, Nevada, and is considered a part of the Carson City metropolitan region. Known as "The Oasis of Nevada," Fallon may seem like a small town, but its spirit and strong sense of community is anything but that. Fallon's humble beginnings are rooted in the agriculture industry. Even though this part of Churchill County is arid in nature, about 50,000 acres of farmland uses irrigated water that is supplied to the community by way of the Truckee-Carson Irrigation District, providing for fruitful offerings year after year of alfalfa and cantaloupes.

Home to over 7,500 residents, the city of Fallon is an ideal community for families with young children, retirees, and active and retired members of the military. To accommodate the growing residential populace's needs, many buyers will find that Fallon's real estate market is diverse and affordable, with a pricing spectrum that runs from just under $100,000 to $700,000 for single family homes and land parcels. A few other reasons why Fallon is such a terrific place to live include: excellent schools all located within minutes from the heart of the city (and your front door), convenient access to several colleges as well as Naval Air Station Fallon and Fallon Municipal Airport, an eclectic mix of community events and areas of cultural interests, and most importantly, the city's unwavering and strong sense of community.

Come see what so many have already discovered about "The Oasis of Nevada" and get ready to come home to Fallon today!

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Fallon Real Estate Market Info - Prices of Houses for Sale in Fallon

Future homebuyers who are thinking about investing in real estate in Fallon, Nevada, will be pleasantly surprised at the many options presented to them. Beautifully designed single family homes in gated communities and planned neighborhoods, affordable townhomes and condominiums just minutes from Naval Air Station Fallon, rural properties, and land parcels provide for many exciting opportunities to invest in "The Oasis of Nevada." Current sales prices for real estate properties in Fallon average at just under $93,000. Buyers will easily find listings for single family homes in Fallon from under $100,000 to $700,000 for a house located on the outer fringes of the city. Condos and townhomes, while rare in Fallon, are usually priced in the $75,000 range. Land parcels and farmland in Fallon are priced from the low $80,000s to upwards of $800,000 with prices dependent on topography, location, and any utilities present.


Fallon Real Estate Stats and Trends for the week of September 15th, 2014: homes priced around $192,815 compared to $192,815 the previous week, to remain steady with no change in listing price.  For Thursday, September 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.21%; the 15 year fixed rate is at 3.27%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.63%, while the 15 year jumbo rate currently is at 4.14%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Fallon NV. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Fallon to help you find the best home!

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