Fallon Metro Area, NV Housing

The housing market in the Fallon, NV Metro Area is performing well above the national average. The median value of homes in this area is currently $347,700, which is significantly higher than the US house median value of $338,100. Additionally, property values have gone up an impressive 10.34% over the past year compared to the US 1 year house appreciation of 8.27%. With such strong performance from this local market it appears that housing in Fallon, NV Metro Area could be a great investment opportunity for potential buyers.

The median home cost in Fallon Metro Area is $347,700. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fallon Metro Area is up 12.6%.

Average Age of Homes

- The median age of Fallon Metro Area real estate is 30 years old

The Rental Market in Fallon Metro Area

- Renters make up 34.8% of the Fallon Metro Area population
- 1.5% of houses and apartments in Fallon Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fallon, Nevada	United States
	10,768.0	139,647,020.0
	35	42
	$347,700	$338,100
	12.6%	16.6%
	69.4%	57.0%
	200.5%	101.1%
	$6.57	$10.98
	$1,469	$2,690
	61.1%	57.4%
	9.4%	11.2%
	29.4%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	2.4%	2.4%
	2.2%	2.8%
	2.8%	3.9%
	3.8%	4.5%
	6.3%	11.3%
	21.2%	13.0%
	29.2%	20.1%
	14.2%	13.6%
	6.3%	8.3%
	4.1%	9.7%
	1.1%	3.9%
	0.1%	2.2%
	0.7%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	17.2%	13.6%
	17.2%	13.6%
	22.1%	13.6%
	18.1%	13.2%
	20.2%	14.8%
	22.1%	13.6%
	4.4%	10.0%
	3.6%	4.7%
	4.6%	12.2%

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