Fallon, NV Foreclosures
How much do homes sell for in Fallon, NV?
The average home price is currently $388,046.
In Fallon, NV, how many homes are available?
There are currently 30 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 $28,408,380.
What is currently the cheapest priced home in Fallon, NV?
The cheapest home for sale in Fallon is priced at $15,422.
Living in Fallon, NV
Fallon, NV, is a vibrant small city known for its agricultural background and community spirit. With a mix of rural charm and modern conveniences, it offers residents a quality lifestyle with access to outdoor recreation and local events. The supportive educational system and welcoming neighborhoods make it an ideal home for families and individuals alike.
Current Market Conditions in Fallon, NV
The real estate market in Fallon has shown signs of steady growth over the past year. Home prices have appreciated as demand has increased, with many buyers attracted to the city's peaceful lifestyle and natural beauty. The local economy, supported by agriculture and tourism, has remained stable, which is positively reflecting on property values.
Currently, the market is characterized by a balanced inventory, with a mix of new constructions and established homes available. Prices tend to vary based on property size, location, and features, making it an attractive market for both buyers and investors.
Recent reports suggest that as more people seek refuge from crowded urban areas, Fallon's appeal continues to rise, leading to a healthy increase in housing demand and a positive trend in property sales.
Home Value Estimator For Fallon, NV
There are currently 8,930 real estate properties
in Fallon, NV,
with a median automated valuation model (AVM) price
of $350,322.00. 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 $388,046.00, with the most expensive house
in Fallon, NV, topping out
at $28,408,380.00 and the cheapest home
in Fallon, NV,
clocking in at $15,422.00. 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.
Learn more on Foreclosure homes
