Fallon, NV

Full City Profile · Nevada · Churchill County County

2.9 /5.0
C+ Fair
9,371 Population 2,526/sq mi density
$65,699 Median Income $36,408 per capita
$262,700 Home Value $394,901 Zillow
$1,194 Median Rent 28.1% income on rent
54°F Avg Temperature
207 Violent Crime/100K 1,159 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$65,699 median income, 4.8% unemployment
A
Affordability
4.4 / 5.0
$262,700 home value, $1,194/mo rent
F
Safety
1.0 / 5.0
207 violent crimes/100K
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher

Housing Overview

Median Home Value
$262,700
7% below
US avg: $281,900
Median Rent
$1,194/mo
3% above
US avg: $1,163/mo
Homeownership Rate
47.3%
28% below US avg (65.4%)
Total Housing Units
4,513
Median year built: 1985

Home Value by Source

Census Median
$262,700
Zillow (ZHVI)
$394,901
Redfin Median Sale
$368,500
Median Sale Price
$368,500
Median List Price
$375,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.3%
Owner-Occupied
52.7%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,056/mo
1 Bedroom
$1,135/mo
2 Bedroom
$1,428/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,352/mo
Census median rent: $1,194/mo · Zillow rent: $1,476/mo

Market Indicators (Redfin)

Median Sale Price
$368,500
Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$236
Active Inventory
24
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
47.3%

Complete Housing Data

Home Values

Census Median Value$262,700
Zillow Home Value (ZHVI)$394,901
Redfin Median Sale$368,500
Median Sale Price$368,500
Median List Price$375,000
Price Per Sq Ft$236

Rent

Census Median Rent$1,194
Zillow Rent (ZORI)$1,476
FMR Studio$1,056
FMR 1-Bedroom$1,135
FMR 2-Bedroom$1,428
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,352

Market

Days on Market88
Sale-to-List Ratio1.0%
Price Drops12.5%
Homes Sold6
Active Inventory24
Price Per Sq Ft$236

Ownership & Stock

Owner-Occupied47.3%
Renter-Occupied52.7%
Homeownership Rate47.3%
Total Housing Units4,513
Median Year Built1985
Rent Burden28.1%