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Median Home Price in Fallon, NV

The median home value in Fallon, NV is $395,620 as of 2026-07-31, up 2.87% from a year earlier.

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Median Home Value

$395,620

Year-over-Year

+2.87%

Population

9,661

Fallon ranks #5 of 8 Nevada cities tracked here by median home value, and sits 1.5% below the state's city median of $401,494. It sits in Churchill County, where the county-wide median is $395,646.

Housing affordability in Fallon

Median household income in Fallon is $73,389, so the typical home value is about 5.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Fallon

Fallon police recorded a violent crime rate of 207 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,149 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Fallon

What is the average home price in Fallon, NV?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Fallon, that value is $395,620. That's up 2.87% from a year earlier. It is about 1.5% below the typical Nevada city tracked here.

Is Fallon expensive compared to the surrounding area?

Homes in Fallon are about the same as Churchill County as a whole, where the median is $395,646.

Is Fallon affordable?

Median household income here is $73,389, so the typical home value is about 5.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Fallon a safe place to live?

Fallon police reported 207 violent crimes per 100,000 residents, covering a population of about 9,661. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in NV

Reno · Sparks · Henderson · North Las Vegas · Mesquite · Elko · Winnemucca