The median value of housing in 89406 Fallon, NV is $347,300, which is slightly higher than the US house median value of $338,100. However, the appreciation rate in 89406 Fallon, NV is 4.72%, which is significantly lower than the US house appreciation rate of 8.27%. In fact, it's one of the lowest appreciation rates in the whole country. This means that although housing can be quite expensive in this area, people will not be able to benefit from a high appreciation rate if they invest in an expensive property here.
The median home cost in Fallon (zip 89406) is $347,300. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fallon (zip 89406) is up 12.6%.
Average Age of Homes
- The median age of Fallon (zip 89406) real estate is 29 years old
The Rental Market in Fallon (zip 89406)
- Renters make up 34.8% of the Fallon (zip 89406) population
- 1.5% of houses and apartments in Fallon (zip 89406), 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.