What is the median home value in Fallon, NV?

The median value of owner-occupied homes in Fallon, NV is $282,700 (±$31,685), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Fallon, the median home value went from $168,200 in 2015–2019 to $282,700 in 2020–2024 (+68.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$282,700 (±$31,685)
Owner-occupied homes
1,935 (±316)
Most common range
$300,000 to $499,999

Home values in Fallon

Owner-occupied homes by value, 2020–2024
ValueFallonChurchill CountyNevadaUnited States
Less than $50,0009.6% (±5.7 points)8.8%4.0%5.3%
$50,000 to $99,9996.0% (±4.6 points)4.3%1.8%6.1%
$100,000 to $149,9999.8% (±5.2 points)4.8%1.7%6.8%
$150,000 to $199,9993.8% (±3.5 points)3.5%2.6%9.0%
$200,000 to $299,99925.0% (±9.3 points)22.3%10.9%17.8%
$300,000 to $499,99942.5% (±8.4 points)41.5%43.5%26.9%
$500,000 to $999,9993.3% (±3.0 points)13.6%29.7%20.9%
$1,000,000 or more0.0% (±2.3 points)1.1%5.7%7.1%

The most common range is $300,000 to $499,999, 42.5% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Fallon against Churchill County, its state and the nation

Estimate (90% margin of error)
FallonChurchill CountyNevadaUnited States
Median home value$282,700 (±$31,685)$329,900 (±$22,952)$435,400 (±$1,611)$332,700
Owner-occupied homes1,935 (±316)6,650 (±357)721,197 (±4,966)84,210,142

In Fallon, the median home value is lower than in Churchill County ($329,900).

It is also lower than in Nevada ($435,400).

It is lower than the national figure ($332,700).

Statewide, it ranks 47 of 63.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Fallon have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$168,200 (±$19,032)$282,700 (±$31,685)+68.1%Up after inflation
Median owner cost with a mortgage$1,235 (±$94)$1,512 (±$229)+22.4%No measurable change after inflation
Median real estate taxes$1,368 (±$171)$1,719 (±$124)+25.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Fallon

Nearest places with a published estimate, compared with Fallon
PlaceDistanceMedian home valueCompared with this place
Fallon—$282,700 (±$31,685)—
Fernley23 mi$366,700 (±$9,626)Higher
Silver Springs24 mi$244,400 (±$26,550)Not measurably different
Stagecoach33 mi$322,400 (±$48,404)Not measurably different
Yerington40 mi$284,800 (±$19,926)Not measurably different
Dayton43 mi$433,200 (±$22,327)Higher
Spanish Springs49 mi$623,900 (±$10,837)Higher
Sparks50 mi$483,800 (±$7,327)Higher
Lovelock51 mi$183,700 (±$43,185)Lower

Nearby places with a measurably lower figure: Lovelock, NV ($183,700).

Nearby places with a measurably higher figure: Fernley, NV ($366,700), Dayton, NV ($433,200), Spanish Springs, NV ($623,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Fallon

What is the average home value in Fallon, NV?

The Census Bureau publishes the median: $282,700 (±$31,685) for owner-occupied homes in Fallon (2020–2024 American Community Survey).

Have home values in Fallon gone up?

In Fallon, the median home value went from $168,200 in 2015–2019 to $282,700 in 2020–2024 (+68.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Fallon sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Fallon city, Nevada (place:24100, in state:32).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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