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Cheap Homes in Fallon, NV

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Fallon, NV Foreclosures

Current Market Conditions in in Fallon, NV As of April 2026?
In the past month, the Fallon real estate market has shown signs of increase in both buyer activity and home prices. The number of homes listed for sale remains lower than the previous months, while interest rates have slightly stabilized, encouraging more buyers to enter the market. Recent sales indicate an active market with homes selling quickly, often above asking price, particularly for well-maintained properties in desirable neighborhoods.
How much do homes sell for in Fallon, NV?
The average home price is currently $385,269.
In Fallon, NV, how many homes are available?
There are currently 3 active home listings available in Fallon.
What’s the average rental cost in Fallon, NV?
The average rental price in Fallon is $1,227.
What is the most expensive home in Fallon?
The most expensive home sold in Fallon had a price of $27,621,158.
What is currently the cheapest priced home in Fallon, NV?
The cheapest home for sale in Fallon is priced at $10,095.

Living in Fallon, NV

Fallon, Nevada is a welcoming small town offering a combination of agricultural charm and outdoor recreation opportunities. Residents enjoy a close-knit community with engaging local events and activities throughout the year. With good schools and access to nature, Fallon is an ideal location for families and outdoor enthusiasts alike.

Buyer vs Seller Market in Fallon, NV

The real estate market in Fallon is currently experiencing a steady growth trend, with an increase in home values over the past year driven by its appealing lifestyle and affordability. Buyers are attracted to the area due to its combination of good schools, outdoor activities, and a sense of community.

As of late 2023, the inventory of homes for sale is relatively low, which has created a competitive atmosphere for buyers. Many listings are receiving multiple offers, indicating a robust demand for housing in the area.

Home Value Estimator For Fallon, NV

There are currently 9,691 real estate properties in Fallon, NV, with a median automated valuation model (AVM) price of $348,935.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fallon, NV, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fallon, NV, is $385,269.00, with the most expensive house in Fallon, NV, topping out at $27,621,158.00 and the cheapest home in Fallon, NV, clocking in at $10,095.00. In other words, there’s something for every potential homebuyer or savvy investor in Fallon, NV!

Rent Prices In Fallon, NV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fallon, NV, is on a rollercoaster ride. The average rent price in Fallon, NV, is $1,227.00. Indeed, when looking to rent in Fallon, NV, you can expect to pay as little as $570.00 or as much as $4,400.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Fallon, NV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Fallon, NV


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