The housing market in Fallon Station, NV is stable, with the median value of homes standing at $375,700. This is slightly higher than the US house median value of $338,100 and shows that there is still demand for homes in this area. However, while the US experienced a 1 year house appreciation rate of 8.27%, Fallon Station only had a 4.72% appreciation rate. This suggests that the housing market in Fallon Station is not growing as quickly as other areas across the US, but it is still a strong and secure market to invest in.
The median home cost in Fallon Station is $375,700. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fallon Station is up 12.6%.
Average Age of Homes
- The median age of Fallon Station real estate is 25 years old
The Rental Market in Fallon Station
- Renters make up 93.9% of the Fallon Station population
- 4.0% of houses and apartments in Fallon Station, 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.