Fallon, NV Home Values & Market Trends

Real estate market trends reflect that there have been 483 transactions over the past year in Fallon. The median value for residential home transactions that occurred over the previous year is $326,299.98. The number of current listings in Fallon is 14, and the percentage of properties for sale in the city is 14.00%. Fallon, NV currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 14 properties for sale.

Fallon, NV Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
89406

$ 377,230

$ 212/sqft

89496

$ --

$ --

Housing Market Summary for Fallon, NV

Apr 2023March 2024Change
Median Listing Price$411.8K$317.7K-22.83%
Median Sold Price$335K$317.7K-5.16%
Homes For Sale2818-35.71%
Homes Sold312305-2.24%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Fallon, NV

Fallon home values range from $28,188 to $2,459,886. The median estimated value of a home in Fallon is $326,299.98. The median list price of a home is 412,500, and the total count of properties in the city is 8,442.

Foreclosure
There are 2 zips within Fallon, NV; within these zips, the median estimated home value for homes in foreclosure ranges from $379,044 in 89406 to the lowest value of $307,572 in 89406. Foreclosure homes account for 0.00% of properties in Fallon, NV with 89406 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Fallon, NV with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Fallon, NV; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fallon, NV ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Fallon, NV. There are 2 zips within Fallon, NV; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    89406 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Fallon, NV. Auction homes and other auction properties account for 0.02% of all properties in Fallon, NV. There are 2 zips within Fallon, NV; of those zips, the median estimated home value for homes going to auction ranges from $379,044 in 89406 to the lowest value of $307,572 in 89406.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in Fallon, NV with 89406 containing 14 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Fallon, NV; homes for sale in those zips, have a range of median values from $760,000 in 89406 to the lowest value of $62,450 in 89406.
    Sold Homes
    The median value for recently sold homes ranges from $1,197,463 in 89406 to the lowest price of $31,550 in 89406. There are 2 zips within Fallon, NV. 89406 has 312 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.70% of properties in Fallon, NV.

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      Guide for Fallon, NV

      Pennsylvania
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      Henderson Real Estate Market Report March 2024
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      See More Articles
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania|posted 17 April 2024

      Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.

      Henderson Real Estate Market Report March 2024
      Pennsylvania|posted 4 March 2024

      Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.

      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Pennsylvania|posted 5 February 2024

      The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.

      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024

      Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.

      Recently Listed Homes Fallon, NV

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