Housing in Fallon, NV has seen steady growth over the past year. The median value of a house in Fallon is slightly lower than the national average at $336,700 compared to $338,100. However, the yearly appreciation rate is still positive at 4.72%. This indicates that housing prices are on the rise and may continue to increase as more people choose Fallon for their home.
The median home cost in Fallon is $336,700. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fallon is up 12.6%.
Average Age of Homes
- The median age of Fallon real estate is 32 years old
The Rental Market in Fallon
- Renters make up 56.5% of the Fallon population
- 2.1% of houses and apartments in Fallon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.