Top Rated
6/10
6/10Numa Elementary
Central Fallon
K-5470 Students20:1
Fallon, Nevada
Fallon Homes For Sale
Nevada Real Estate Group — your Northern Nevada team for Fallon real estate. Search affordable homes for sale in Churchill County's agricultural heart and the home of Naval Air Station Fallon (TOPGUN): historic Old Town Fallon, Lahontan Valley acreage, and rural Stillwater country priced well below the Reno-Sparks median.
MEDIAN LIST PRICE
$370K
RSAR / NNRMLS, June 2026
DAYS ON MARKET
48
RSAR / NNRMLS, June 2026
TO RENO
60 min
via US-50 / I-80 west
ELEVATION
3,963 ft
U.S. Geological Survey
Data reviewed by
NREG Research Team
All statistics verified against primary sources (LVR, U.S. Census, FBI, BLS)
Last updated
June 2026
Reviewed monthly · Next review July 2026
KEY TAKEAWAYS
What Should You Know About Fallon at a Glance?
Fallon is the Churchill County seat — roughly 9,500 residents per the Nevada State Demographer — with a median list price near $370,000 and homes spending about 48 days on market per Reno/Sparks Association of REALTORS. The five takeaways below capture what those numbers mean for anyone considering this agricultural and military community east of Reno.
- Population: about 9,500 residents in the City of Fallon, the Churchill County seat, on US-50 roughly an hour east of Reno.
- Median list price: $370,000 (June 2026) — well below the Reno-Sparks metro median and among the most affordable Northern Nevada markets, with land far more attainable.
- Best for: Naval Air Station Fallon military families, value buyers, ranchers and acreage seekers, and USDA / VA-eligible rural buyers.
- Top neighborhoods: Old Town Fallon for historic Maine Street character; Lahontan Valley Estates and Stillwater for rural acreage and agricultural parcels.
- Why people move here: low home prices, abundant land, zero state income tax, Naval Air Station Fallon employment, and a tight-knit agricultural community without metro density.
Last updated June 2026 · Sources: RSAR, U.S. Census, Nevada State Demographer
Where Can I Find Fallon Homes for Sale?
Fallon carries roughly 90-140 active homes in mid-2026 per Reno/Sparks Association of REALTORS and Northern Nevada Regional MLS data, concentrated in the $300K–$550K range — established resale, military-friendly single-family inventory near Naval Air Station Fallon, and agricultural acreage. The eight newest listings appear below, refreshed daily, and every active Fallon property is searchable in our live MLS portal.
PRICE DISTRIBUTION
How Many Fallon Homes Sell in Each Price Range?
The Fallon median list price sits near $370K per Reno/Sparks Association of REALTORS June 2026 NNRMLS data, with inventory concentrated in the $300K–$500K band and a meaningful tail of agricultural acreage above $550K. Each card below shows current active-listing counts by price range, so you can gauge competition at your budget before touring neighborhoods.
Browse Fallon Listings
How Can You Find a Fallon Home by Type, Lifestyle & Price?
Fallon's active listings break down primarily into single-family homes, agricultural acreage, and vacant land, concentrated in the $300K–$550K range — each link opens our live MLS search pre-filtered for that slice, with counts updated daily from Reno/Sparks Association of REALTORS and NNRMLS data.
Which Fallon Neighborhoods Should You Explore?
Tap a neighborhood to see current listings, price ranges, and what daily life looks like inside.
By Property Type
By Price Range
Updated daily · 120 active listings · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New Fallon Listings First?
Custom alerts by neighborhood, price, beds, baths, and home features — no spam, unsubscribe anytime. With Fallon homes averaging 48 days on market per Reno/Sparks Association of REALTORS data, buyers who see new listings within hours still hold an edge — especially in the competitive under-$400K band where PCS military and first-time buyer demand is highest.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ Henderson buyers used NREG alerts last year
Create your alert
EDUCATION
6/10
5/10
5/10
5/10
7/10
How Are the Schools in Fallon?
Fallon's schools sit within the Churchill County School District, with K-12 coverage at Churchill County High School, Churchill County Middle School, and several elementary campuses. The district serves a strong military-family base tied to Naval Air Station Fallon. Private and charter options are limited locally; families seeking higher-rated specialty schools access Fernley and Reno-area campuses to the west.
6/10E.C. Best Elementary
West Fallon
K-5510 Students21:1
5/10Lahontan Elementary
East Fallon
K-5440 Students20:1
5/10Northside Early Learning Center
North Fallon
PreK-K300 Students18:1
5/10Sand Springs Elementary (closed/area)
Churchill County rural
K-50 StudentsN/A
7/10Oasis Academy Lower (charter)
Fallon (charter)
K-6520 Students19:1
Campus photos are representative imagery — school names, ratings, and enrollment data refer to the actual schools listed.
Which Fallon Schools Are the Best?
According to GreatSchools.org, Oasis Academy (a K-12 charter) leads Fallon at 7/10, while Numa Elementary and E.C. Best Elementary lead the Churchill County School District public campuses at 6/10. Churchill County High School also earns a 6/10. Families seeking 8-9/10 ratings drive west to Fernley or Reno-area campuses, cross-checked with the Nevada Report Card.
| Rank | School | Type | Grades | GreatSchools | Neighborhood | Homes Near |
|---|---|---|---|---|---|---|
| 1 | Coral Academy of Science NV (charter) | Charter | K-12 | 8/10 | Northern Nevada | Accessible from Fallon |
| 2 | Oasis Academy (charter) | Charter | K-12 | 7/10 | Fallon | $300,000+ |
| 3 | Numa Elementary | Public | K-5 | 6/10 | Central Fallon | $300,000+ |
| 4 | E.C. Best Elementary | Public | K-5 | 6/10 | West Fallon | $320,000+ |
| 5 | Churchill County High School | Public | 9-12 | 6/10 | Fallon | $300,000+ |
SAFETY & CRIME
Is Fallon Safe?
Direct Answer
Yes. Fallon's small-city character produces crime rates typical of rural Churchill County — below Nevada's urban averages. According to FBI Uniform Crime Reporting data and Churchill County Sheriff statistics, property-crime rates stay at or below the Nevada rural average. The Naval Air Station Fallon community and a tight-knit population keep incident histories low across most neighborhoods.
- Safety grade, FallonAreaVibes composite 2026
- Violent crime rateBelow Nevada urban average
- Primary residential areasOld Town · Lahontan Valley · Stillwater
- Property crime vs. NV citiesChurchill County Sheriff / FBI UCR
What Buyers Should Know
Fallon's safety profile is typical of a stable rural Nevada city — lower crime rates than the Reno-Sparks metro, with property crime (vehicle break-ins, package theft) the most common incident type. The Naval Air Station Fallon community and a multi-generational agricultural population give the city a settled, low-turnover character outside the base PCS cycle.
Old Town Fallon and established central areas see slightly higher property-crime activity than the outlying rural parcels but still run below the Nevada urban average. The Fallon Police Department and Churchill County Sheriff's Office maintain patrol coverage across the city and the surrounding valley.
Most Fallon buyers find that standard suburban security precautions — garage use, motion lighting, and visible neighborhood presence — address the bulk of the risk profile. The city's scale and tight community character make it more transparent than larger metro areas.
Sources: FBI Uniform Crime Reporting (latest available data), Churchill County Sheriff reporting. Last updated June 2026.
Living In
What's It Like Living in Fallon, NV?
The Answer
Fallon offers affordable agricultural high-desert living in the Lahontan Valley, anchored by Naval Air Station Fallon and the Newlands irrigation project. The City of Fallon blends a historic Maine Street core with surrounding ranch country, drawing military families and value buyers seeking land at entry-level prices, with Nevada's zero state income tax adding five-figure annual savings at a $370K median.
What is Fallon known for?
Fallon is known as the home of Naval Air Station Fallon — the Navy's TOPGUN fighter weapons school — and as the agricultural heart of Nevada, famous for "Hearts of Gold" cantaloupe, alfalfa, and dairy grown with Newlands Project irrigation water in the Lahontan Valley.
Who should live in Fallon?
Fallon fits military families assigned to Naval Air Station Fallon, value buyers who want more home and land per dollar than the Reno-Sparks market provides, ranchers and acreage seekers, and USDA / VA-eligible buyers looking for a maximum-value rural Nevada entry point with a genuine small-city community.
What is daily life like?
Daily life in Fallon runs at a slow agricultural pace — a short drive along Maine Street for errands, the base on the east side for many residents' work, and the open Lahontan Valley farmland and Lahontan Reservoir just outside town. It's quieter and more rural than the Truckee Meadows, with Reno's full metro resources about an hour west.
Location
Where Is Fallon
Fallon sits in the Lahontan Valley in Churchill County, Nevada, on US-50 ("the Loneliest Road") and US-95, about 60 miles east of Reno-Sparks. Elevation approximately 3,963 ft. ZIP code 89406.
Reno
60
Min
NAS Fallon
10
Min
Fernley
30
Min
Reno-Tahoe Airport
70
Min
Carson City
65
Min
Fallon
At a Glance$370,000
Median List Price
~120
Active Listings
~$200
Price / Sq Ft
48
Days on Market
- Population
- ~9,500
- County
- Churchill County
- Elevation
- ~3,963 ft
- ZIP Code
- 89406
- Incorporated
- 1908
- Primary Road
- US-50 / US-95
- Sunshine
- 250+ days/year
- Schools
- Churchill County School District
- To Reno
- 60 min via US-50 / I-80
- To NAS Fallon
- ~10 min east of town
- Airport
- Reno-Tahoe International (70 min)
- HOA Communities
- Rare — most homes HOA-free
LIVABILITY REPORT CARD
How Does Fallon Score?
Fallon scores strongly for affordability, value-per-dollar, and small-city livability against Churchill County and Northern Nevada benchmarks. Cost of living runs well below the Reno-Sparks metro and a fraction of Bay Area or Sacramento pricing, with land far more attainable. Below is our category-by-category report card — the six factors our agents walk through with every relocating buyer.
Grade B: Safety
Small-city crime rates typical of rural Churchill County; below the Nevada urban average, with the stabilizing presence of the NAS Fallon community.
Grade B-: Schools
Churchill County School District with Churchill County High, the middle school, and several elementary campuses; a tight-knit district.
Grade A+: Cost of Living
Among the most affordable Northern Nevada markets — $370K median, attainable land, zero state income tax, and low property taxes.
Grade B-: Amenities
Historic Maine Street, the Oats Park Art Center, county fairgrounds, and local retail; full metro amenities about an hour west in Reno.
Grade A-: Outdoor Access
Lahontan Reservoir and State Rec Area 15-20 minutes away; Stillwater National Wildlife Refuge, Sand Mountain, and open BLM land all close by.
Grade B: Commute
About 10 minutes to Naval Air Station Fallon, 30 minutes to Fernley, and an hour to Reno-Sparks on US-50 and I-80.
Source: Compiled from GreatSchools.org, FBI UCR, BLS, and Walk Score. Methodology: 6 weighted categories on a 4.0-equivalent scale. Last refreshed June 2026.
Quick Answer
Why is Fallon a good place to live?
Fallon is one of the most affordable home-and-land markets in Northern Nevada, offering single-family homes in the $300K–$475K range — well below the Reno-Sparks metro median — with abundant agricultural acreage, a stable employment anchor in Naval Air Station Fallon, and a genuine small-city community. Nevada's zero state income tax and Churchill County's low property-tax rate add five-figure annual savings versus what California buyers leave behind. For military families, ranchers, and value-focused households, Fallon delivers the Nevada tax advantage with land at the lowest entry price in the region.
Source: Nevada State Demographer
DEMOGRAPHICS
Who Lives in Fallon?
According to the U.S. Census Bureau, the City of Fallon holds roughly 9,500 residents with a median household income near $58,000, its population shaped by Naval Air Station Fallon's military and civilian workforce plus multi-generational agricultural families. The median age runs near 36, and owner-occupancy is strong for Nevada, though the base PCS cycle keeps steady renters.
Home values have risen modestly as the Northern Nevada market expanded, though Fallon remains insulated from the steeper Washoe County run-up by its distance and agricultural character. The community's workforce skews toward military and government, agriculture, healthcare, and local services — a more recession-resistant mix than commuter-bedroom communities, anchored by the year-round stability of the naval air station.
~9,500
vs Churchill Co ~25,000
$58,000
vs Churchill Co $60,000
~36
vs Churchill Co 39
$340K
vs Churchill Co $345K
~58%
vs Churchill Co 66%
~18%
vs Churchill Co 18%
~33%
vs Churchill Co 31%
2.5
vs Churchill Co 2.6
Source: U.S. Census Bureau ACS estimates & Nevada State Demographer · Updated
POPULATION & GROWTH
How Fast Is Fallon Growing?
Fallon has grown slowly and steadily over the past two decades, its population closely tied to Naval Air Station Fallon staffing levels and the surrounding agricultural economy. Unlike the I-80 corridor's rapid expansion, Fallon's growth is measured — driven by base activity, agricultural stability, and modest residential infill rather than large new-construction subdivisions.
~9,500City residents (2024)
~25,000Churchill County total
~10,200Projected city at 2030
City population trajectory, 2010–2030 (projected)
Growth concentrates in residential infill near the city core and modest subdivision activity, while the surrounding Lahontan Valley remains agricultural. Naval Air Station Fallon anchors employment and housing demand, and any change in base staffing ripples directly through the local market. Established neighborhoods grow mainly through resale turnover, keeping inventory tight relative to the I-80 corridor towns to the west.
Sources: Nevada State Demographer and U.S. Census Bureau ACS. Historical figures are city-level approximations; projection reflects State Demographer planning. Last updated June 2026.
LIVABILITY SCORES
How Does Fallon Score for Livability?
Fallon posts a strong affordability profile for a Northern Nevada community — an A+ for cost of living relative to Reno-Sparks and California, with strong marks for outdoor access and solid safety. The rings below break the composite into the six categories buyers ask about most, benchmarked against Census and AreaVibes data for Churchill County.
- 73B
Overall Livability
- 67B-
Schools
- 74B
Safety
- 96A+
Cost of Living
- 66B-
Amenities
- 82A-
Outdoor / Recreation
MARKET TRENDS · LAST 12 MONTHS
How Is the Fallon Real Estate Market Trending?
Median list price, days on market, and active listings from Northern Nevada Regional MLS data updated monthly. Fallon's median has held steady near $370K while roughly 20-35 homes close monthly in Churchill County — the charts below show the past twelve months.
Median List Price
+1.6% YoY (May 2025 → May 2026)
vs May 2025
Source: Las Vegas REALTORS
Days on Market
44 → 48 days YoY — inventory modestly rising
vs May 2025
Source: Las Vegas REALTORS
Active Listings
~20-35 closings/month, steady seasonal pattern
vs May 2025
Source: Las Vegas REALTORS
48
MEDIAN DAYS ON MARKET
$370K
MEDIAN LIST PRICE
120
ACTIVE LISTINGS
< 1 hr
OUR RESPONSE TIME
HOMES GOING FAST
Get matched with a
Fallon specialist.
Market Competitiveness
How competitive is Fallon right now?
Fallon is a moderately paced market — homes average about 48 days on market per Northern Nevada Regional MLS data, with the highest demand in the $300K–$425K band that draws PCS military buyers and first-time owners. Move-in-ready homes near Naval Air Station Fallon move faster below $400K, while agricultural parcels above $500K take longer as buyers narrow.
36Moderately Paced
- 48 daysMedian days on market
- $300K–$525KPrimary demand range
- ~$200Median price per sq ft
- ~120Active listings (June 2026)
Is Fallon Right for You?
Who Should Buy a Home in Fallon?
Fallon is not for every buyer — it suits households that value affordability, land, and community over urban amenities, and who either work at Naval Air Station Fallon or accept the hour-long drive to Reno-Sparks. Six buyer profiles below match lifestyles to what Fallon offers, followed by the honest pros and trade-offs our team walks every client through.
Which Fallon Buyer Profile Matches You?
Military Families (NAS Fallon)
- 10 minutes to Naval Air Station Fallon
- VA loans with 0% down for eligible buyers
- Established PCS rental market for later turnover
- Tight-knit military-family community
Value & First-Time Buyers
- Lowest entry prices in Northern Nevada ($300K–$400K)
- USDA 0% down in eligible Churchill County tracts
- More home and land per dollar than Reno-Sparks
- Churchill County SD K-12 coverage
Ranchers & Acreage Seekers
- Attainable agricultural parcels with water rights
- Room for horses, livestock, and outbuildings
- Newlands Project irrigation in the Lahontan Valley
- Permissive Churchill County rural zoning
California Relocators (Value-Focused)
- Nevada zero state income tax — same benefit as Reno
- Maximum land and sq footage per dollar
- Single-family homes at $350K–$500K vs. $700K+ in Bay Area
- Genuine small-city community character
Buy-and-Hold Investors
- Steady PCS military renter demand year-round
- Rents of $1,400–$2,100/month at below-Reno prices
- Nevada: no state income tax on rental income
- Recession-resistant military + ag economy
Outdoor & Recreation Buyers
- Stillwater Refuge birding and waterfowl hunting
- Sand Mountain OHV and Lahontan Reservoir boating
- BLM access on all sides for riding and hunting
- Land to store boats, ATVs, and gear
Best Fit For
- Military families — 10 minutes to Naval Air Station Fallon, VA-loan access, and a built-in PCS community — the most military-friendly market in Northern Nevada.
- Value & first-time buyers — the lowest entry prices in the region with USDA eligibility expanding access for qualified buyers.
- Ranchers & acreage seekers — attainable agricultural parcels, Newlands water rights, and Churchill County's permissive rural land-use environment.
- California relocators — Nevada's zero state income tax with land at a price point the Reno-Sparks corridor can't match.
- Buy-and-hold investors — a steady PCS-military renter base and a recession-resistant military-plus-agriculture economy at entry-level acquisition cost.
- Outdoor buyers — Stillwater Refuge, Sand Mountain, Lahontan Reservoir, and BLM land all minutes away, with room to store the gear.
Ready to explore homes in Fallon? Nevada Real Estate Group knows Churchill County's market inside and out — from VA-loan purchases near Naval Air Station Fallon to agricultural acreage in the Lahontan Valley.
Start Your Fallon SearchPros
- Among the most affordable home-and-land markets in Northern Nevada — medians near $370K
- Zero Nevada state income tax — same benefit as Reno, at a lower price with more land
- 10 minutes to Naval Air Station Fallon — TOPGUN's home base and a stable employer
- VA and USDA loans may offer 0% down for eligible military and rural buyers
- Attainable agricultural acreage with Newlands Project water rights and room for animals
- Property taxes capped at 3% annual growth under Nevada law — predictable carrying costs
- Recession-resistant military + agriculture economy and outstanding outdoor recreation
Honest Considerations
- About an hour to Reno-Sparks on US-50 / I-80 — longer than the I-80 corridor towns
- Limited local amenities — major shopping, hospitals, and dining often mean a Reno trip
- Schools rated lower than Reno's top WCSD campuses — families seeking 9/10 schools commute
- Economy depends heavily on Naval Air Station Fallon staffing and agriculture
- Rural and agricultural parcels often use well water and septic — verify water rights before buying
- Smaller resale buyer pool limits exit options vs. the larger Reno-Sparks market
Neighborhood Comparison
How Do Fallon's Primary Neighborhoods Compare?
A side-by-side comparison of Fallon's primary residential areas — median price, lifestyle fit, and inventory — using active-listing data refreshed monthly via Reno/Sparks Association of REALTORS and NNRMLS. Each area serves a distinct buyer — historic-core, rural acreage, or agricultural country — and differs in location, pricing, and available lot sizes.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Old Town Fallon | $360,000 | ~$205 | 45 | 30 | Historic · Maine Street · City core |
| Lahontan Valley Estates | $425,000 | ~$210 | 55 | 24 | Rural · Acreage · Reservoir views |
| Stillwater | $390,000 | ~$195 | 60 | 15 | Agricultural · Wildlife · Large parcels |
| Central Fallon | $345,000 | ~$190 | 48 | 35 | Established · Resale · No HOA |
| Fallon Rural / Outlying | $475,000 | ~$215 | 68 | 28 | Large lots · Ranch · Horses |
| Near NAS Fallon | $355,000 | ~$195 | 42 | 20 | Proximity to Naval Air Station Fallon |
Source: Reno/Sparks Association of REALTORS and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Neighborhood Deep Dive
What's Inside Fallon's Top Neighborhoods?
Submarket 1
Old Town Fallon
Fallon's historic heart centered on the Maine Street National Historic District — early-20th-century architecture, the restored 1920s Fallon Theatre, and tree-lined residential streets close to county services and a short drive from Naval Air Station Fallon.
Browse Old Town Fallon homes →$360KMedian Price
45Days on Market
30Active Listings
~$205Price / Sq Ft
Submarket 2
Lahontan Valley Estates
The rural residential west side of Fallon — larger lots and acreage parcels opening onto views toward Lahontan Reservoir and the Carson River, popular with buyers who want land, room for animals, and a Northern Nevada ranch lifestyle.
Browse Lahontan Valley Estates homes →$425KMedian Price
55Days on Market
24Active Listings
~$210Price / Sq Ft
Submarket 3
Stillwater
Agricultural and wildlife country east of Fallon near the Stillwater National Wildlife Refuge — large parcels settled since the 1860s, working farms and ranches, and custom homes for buyers who want true rural acreage and Pacific Flyway access.
Browse Stillwater homes →$390KMedian Price
60Days on Market
15Active Listings
~$195Price / Sq Ft
Submarket 4
Central Fallon
Fallon's established residential core around the city center — single-family homes without HOA, at the most accessible price points in the city, walkable to Maine Street, schools, and county services.
Browse Central Fallon homes →$345KMedian Price
48Days on Market
35Active Listings
~$190Price / Sq Ft
Submarket 5
Fallon Rural / Outlying
Agricultural and ranch parcels on the outskirts of Fallon and across Churchill County — larger lots from one to many acres, Newlands Project water rights on some parcels, and permissive land use for buyers who want maximum space.
Browse Fallon Rural / Outlying homes →$475KMedian Price
68Days on Market
28Active Listings
~$215Price / Sq Ft
Submarket 6
Near NAS Fallon
Residential pockets on the east side of Fallon nearest the naval air station — practical for active-duty and civilian base personnel who want the shortest possible commute and an established military-family network.
Browse Near NAS Fallon homes →$355KMedian Price
42Days on Market
20Active Listings
~$195Price / Sq Ft
Submarket 7
Lahontan Valley Estates (rural acreage spotlight)
Fallon's primary rural-residential area on the west side — larger lots and acreage with views toward Lahontan Reservoir and the Carson River. The best fit for buyers who want land, room for horses and livestock, and a working agricultural setting with Newlands Project irrigation, while staying minutes from town and the base.
Browse Lahontan Valley Estates (rural acreage spotlight) homes →$350K+Acreage Homes From
1–10+ acTypical Lot Size
24+Active Listings
15 minTo Lahontan Reservoir
Where Are Fallon's Neighborhoods on the Map?
Fallon's residential footprint (ZIP 89406) spans three primary areas — historic Old Town Fallon at the city core, Lahontan Valley Estates on the rural west side, and agricultural Stillwater to the east — plus central resale and outlying ranch parcels priced $300K to $750K+. The map below pins each area relative to Naval Air Station Fallon.
#1
TEAM IN NEVADA
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HOMES SOLD SINCE 2011
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STILL DECIDING?
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BY ZIP CODE
What Does the Fallon Market Look Like by ZIP Code?
Fallon is primarily served by a single ZIP code — 89406 — which covers the city and surrounding Churchill County area (89407 carries PO boxes only). The table below shows the current market snapshot for that ZIP, so you can benchmark Fallon against the broader Northern Nevada region before deciding on location.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89406 | Fallon · Old Town · Lahontan Valley · Stillwater · Churchill County | $370K | ~$200 | 48 | 120 | +1.6% |
Source: Reno/Sparks Association of REALTORS and NNRMLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Churchill County GIS.
BY THE NUMBERS
Which Statistics Define Fallon Real Estate?
Eight verifiable numbers — each sourced to the BLS, U.S. Census Bureau, Reno/Sparks Association of REALTORS, or Nevada State Demographer — capture Fallon's fundamentals faster than any sales pitch: a $370K median, 48 median days on market, and 10 minutes to Naval Air Station Fallon.
$370K
Median list price in Fallon, Churchill County — among the most affordable Northern Nevada markets, with land far more attainable.
Reno/Sparks Association of REALTORS / NNRMLS
+1.6%
Year-over-year growth in median list price, May 2025 to May 2026.
Northern Nevada Regional MLS
48
Median days from list to accepted offer in Fallon, Churchill County.
RSAR / NNRMLS, June 2026
~$200
Median price per square foot among active Fallon listings — below every Washoe County submarket.
NNRMLS / Repliers IDX, June 2026
~9,500
City residents in Fallon, the Churchill County seat and home of Naval Air Station Fallon.
Nevada State Demographer
10 min
Drive time from central Fallon to Naval Air Station Fallon — TOPGUN's home base.
US-50 east of town
$58,000
Median household income across the City of Fallon, Churchill County.
U.S. Census ACS
0%
Nevada state income tax — the same advantage applies in Fallon as in Reno or Las Vegas.
Nevada Department of Taxation
WHY FALLON
Why Does Fallon Stand Out in Northern Nevada?
From Nevada's tax advantage to attainable agricultural land and the stability of Naval Air Station Fallon, Fallon offers a compelling ownership case that the Reno-Sparks median can't match at value-buyer budgets. Each advantage below is tied to a verifiable source — the Nevada Revised Statutes, BLS Nevada data, U.S. Census figures, and Nevada State Demographer projections.
- Nevada Department of Taxation
No Nevada state income tax
Nevada levies no personal income tax — five-figure annual savings for relocating California households at any income level, and the same benefit applies in Fallon as in Reno.
- U.S. Navy / NAS Fallon
Naval Air Station Fallon stability
TOPGUN's home base anchors year-round military, civilian, and contractor employment plus a steady PCS rental market — a recession-resistant economic foundation few rural towns have.
- Bureau of Reclamation / Newlands Project
Attainable agricultural land
Newlands Project irrigation and the Lahontan Valley make acreage, ranch parcels, and horse property far more affordable here than anywhere in the Reno-Sparks corridor.
- Nevada Revised Statutes 361.471
3% property-tax cap
Nevada's primary-residence cap under NRS 361.471 keeps long-run Fallon carrying costs predictable even as values rise.
- VA / USDA Rural Development
VA & USDA loan eligibility
Military buyers can use VA loans (0% down), and portions of Fallon and Churchill County may qualify for USDA Rural Development loans — expanding access to home ownership beyond conventional programs.
WHY BUY IN FALLON
What Are the Top 10 Reasons to Buy a Home in Fallon?
Fallon's case rests on numbers: a $370K median, zero state income tax, the year-round employment anchor of Naval Air Station Fallon, attainable agricultural land, and a Churchill County property-tax structure capped at 3% annual growth under Nevada law per BLS Nevada data. The ten reasons below pair each claim with its named source.
Zero state income tax
Nevada levies no personal income tax — the same savings available in Reno apply in full in Fallon.
Nevada Department of Taxation
Lowest-cost land in Northern Nevada
$370K median with acreage and ranch parcels far more attainable than the Reno-Sparks corridor.
RSAR / NNRMLS, June 2026
Naval Air Station Fallon (TOPGUN)
A stable year-round employer and a built-in PCS rental market for buy-and-hold investors.
U.S. Navy / NAS Fallon
3% property-tax cap
Annual increases on a primary residence are capped by statute across Nevada.
NRS 361.471
VA & USDA 0% down potential
Eligible military and rural-tract buyers may qualify for VA or USDA loans with no down payment.
VA / USDA Rural Development
Agricultural heritage & water rights
Newlands Project irrigation supports the "Hearts of Gold" cantaloupe, alfalfa, and dairy economy on attainable parcels.
Bureau of Reclamation
Outdoor recreation access
Lahontan Reservoir, Stillwater National Wildlife Refuge, and Sand Mountain are all minutes from town.
Nevada State Parks / USFWS
Historic Maine Street character
A National Historic District core with the restored 1920s Fallon Theatre and the Oats Park Art Center.
City of Fallon
Recession-resistant economy
Military, agriculture, and government employment give Fallon a more diversified base than commuter towns.
BLS Nevada
Genuine small-city community
More space, less congestion, and a tight-knit agricultural community feel not available in the Reno-Sparks core.
U.S. Census Bureau
New Construction
Who Builds Homes in Fallon?
Fallon's new-construction activity is more modest than the I-80 corridor, weighted toward custom and semi-custom builders working agricultural parcels and infill lots rather than large production subdivisions. The builders and categories below account for most new-home activity in and around Fallon. Incentives and available plans change frequently — confirm current releases directly.
Custom & Rural Residential
Custom / Local Builders
Custom builds on Lahontan Valley and Stillwater acreage
Value & First-Time
D.R. Horton
America's largest builder, active in Northern Nevada
Entry-Level & First-Time
LGI Homes
Affordable new construction, all-in pricing
Family & Move-Up
Ryder Homes
Northern Nevada regional builder
Family & Value
Woodside Homes
Western regional builder with NV presence
First-Time & Family
KB Home
Customizable Personal Plans
Affordable & Rural
Manufactured / Modular Builders
Common on agricultural and large-lot parcels
Ag & Custom
Pole-Barn / Barndominium Builders
Agricultural-residential builds with outbuildings
Outdoor Recreation
What Outdoor Amenities Does Fallon Offer?
Fallon sits at the center of the Lahontan Valley's high-desert recreation network — Lahontan Reservoir 15-20 minutes west for boating and fishing, Stillwater National Wildlife Refuge for world-class birding, and Sand Mountain Recreation Area for OHV riding. The City of Fallon maintains city parks, and the surrounding open BLM land offers nearly unlimited access.
15-20 MIN W
Lahontan Reservoir
17,000 acresBoating · Fishing · CampingDay-use fee
A large reservoir on the Carson River — sandy beaches, bass and trout fishing, and year-round camping at Lahontan State Recreation Area, shared between Churchill and Lyon Counties.
20 MIN NE
Stillwater National Wildlife Refuge
79,000+ acresBirding · Hunting · WildlifeFree
One of the most important wetlands on the Pacific Flyway — hundreds of bird species, world-class waterfowl hunting, and quiet marshland east of Fallon in the Lahontan Valley.
25 MIN E
Sand Mountain Recreation Area
600-ft duneOHV · SandboardingBLM fee
A towering "singing" sand dune off US-50 — a premier Northern Nevada destination for dune riding, ATVs, and sandboarding, managed by the Bureau of Land Management.
CITY EDGE
BLM Open Land
Hundreds of thousands of acresOHV · Hiking · HuntingFree
Bureau of Land Management public land surrounds the Lahontan Valley — open to OHV use, hiking, horseback riding, and hunting with appropriate licenses.
15 MIN E
Grimes Point Archaeological Area
Historic siteHiking · PetroglyphsFree
Ancient petroglyphs and a self-guided trail off US-50 — one of the most accessible rock-art sites in Nevada, a short drive east of Fallon.
CITY EDGE
Carson River
River corridorFishing · KayakingFree
The Carson River and the Newlands Project canals thread through the Lahontan Valley, supporting irrigation, fishing, and riparian habitat across the agricultural landscape.
IN CITY
Fallon City Parks
Multiple locationsPicnics · SportsFree
Fallon's city park network provides ball fields, picnic areas, and green space, anchored by the Oats Park Art Center and the Churchill County Fairgrounds.
2 HR W
Lake Tahoe
191 sq miBoating · Skiing · BeachesFree shoreline
US-50 west through Carson City connects Fallon to Lake Tahoe and a dozen Sierra ski resorts — a longer drive than from Reno, but the same world-class destination.
The Fallon Lifestyle
What Does a Weekend in Fallon Look Like?
Morning birding at Stillwater Refuge or fishing at Lahontan Reservoir, afternoon OHV riding at Sand Mountain, evening at a Maine Street restaurant or the Oats Park Art Center per the City of Fallon. Fallon residents trade metro density for land, recreation, and a cost of living that keeps weekends affordable at a $370K median.
250+Days of Sun
15 minTo Lahontan Reservoir
60 minTo Reno Metro
3,963 ftElevation
THIS WEEKEND'S OPEN HOUSES
Can You Tour Fallon Homes This Weekend?
Fallon sellers run open houses Friday through Sunday, with historic Old Town listings and Lahontan Valley acreage often shown by appointment. At 48 median days on market the pace is calm, but well-priced homes under $400K near Naval Air Station Fallon still move within days when PCS demand is active. Set alerts or browse all active Fallon inventory now.
Quick Answer
What does an HOA cost in Fallon?
HOA dues in Fallon are the exception, not the rule. Most established central Fallon homes, historic Old Town properties, and rural agricultural parcels have no HOA at all. A handful of newer subdivisions may carry light HOA dues in the $30–$80/month range covering common-area landscaping. Rural Churchill County acreage rarely has any HOA. Always pull the full dues, transfer fees, and CC&Rs before writing an offer — and on acreage, verify Newlands water rights and any irrigation-district assessments.
Moving to Fallon
Should I Move to Fallon?
Military families assigned to Naval Air Station Fallon and value buyers priced out of Reno-Sparks choose Fallon for a $370K median and abundant land. California's top income-tax rate is 13.3% per the Franchise Tax Board; Nevada's is zero — the same advantage as Reno, at the most affordable price point in Northern Nevada.
Why Buyers Are Choosing Fallon
The tax math applies equally in Fallon as in Reno: California's top marginal state income tax is 13.3% — Nevada's is zero. A household earning $150,000 saves roughly $10,000+ per year in state income taxes alone; those savings, combined with a median home price near $370,000 versus $575,000 in Reno and $1.3M–$1.6M in the Bay Area, give Fallon a compelling total-cost-of-ownership argument for value-focused and military buyers. Nevada's effective property tax of roughly 0.5–0.7%, capped at 3% annual growth for primary residences under NRS 361.471, holds long-term carrying costs predictable.
At a $500,000 budget, buyers in San Francisco or San Jose typically get a 700–1,000 sq ft older property. That same budget in Fallon secures a 2,000–2,800 sq ft single-family home — often on a large lot with room for animals — frequently with a garage, acreage, and outbuildings, in the agricultural heart of Northern Nevada near Naval Air Station Fallon.
According to Reno/Sparks Association of REALTORS, the Northern Nevada regional median home price is around $575,000 in Reno — Fallon sits roughly $150,000–$200,000 below that. Per the Churchill County Assessor, the effective property-tax rate runs roughly 0.5–0.7% of taxable value. The U.S. Bureau of Labor Statistics shows Nevada unemployment near historic lows, with Naval Air Station Fallon a stable year-round employment anchor for Churchill County.
Fallon's economy rests on two pillars: Naval Air Station Fallon — home of TOPGUN — and agriculture rooted in the Newlands Reclamation Project. The base brings thousands of military and civilian jobs, while the Lahontan Valley grows the famous "Hearts of Gold" cantaloupe, alfalfa, and dairy. The Churchill County School District and healthcare add recession-resistant stability.
Cost of Living Snapshot — Fallon vs. San Francisco Bay Area
Fallon's day-to-day costs run dramatically lower than the Bay Area across nearly every category. Nevada has no state income tax and no personal property tax on vehicles beyond registration. Housing is a fraction of comparable Bay Area or Sacramento pricing, and Fallon adds an additional discount versus even the Reno-Sparks metro — with land and acreage far more attainable.
| Metric | Fallon, NV | San Francisco Bay Area, CA |
|---|---|---|
| State Income Tax | None | Up to 13.3% |
| Median List Price | ~$370K | ~$1.3M–$1.6M |
| Effective Property Tax Rate | ~0.5%–0.7% | ~0.75%+ |
| Avg. Home Size at $500K | 2,000–2,800 sq ft (often w/ land) | 700–1,000 sq ft |
| Commute to Regional Airport | 70 min (Reno-Tahoe Intl) | 40–90+ min (SFO/SJC) |
Figures are approximate, for illustration. Contact our team for current market data.
Fallon Rental Market — Rent vs. Own
Single-family rentals in Fallon typically run $1,400–$2,100/month — among the most affordable in Northern Nevada, with steady demand from Naval Air Station Fallon personnel on PCS orders. For buyers planning a 3+ year tour or longer hold, purchasing at Fallon's $370K median builds equity that rising rents otherwise hand to a landlord. Nevada adds no state income tax on top of the appreciation, and VA and USDA loan programs can bring the entry cost to zero down for eligible buyers.
Updated June 2026 · Source: Reno/Sparks Association of REALTORS regional rental data & BLS Consumer Price Index
PCSing to Naval Air Station Fallon, or planning a move from the Bay Area or Sacramento? Our team specializes in military and out-of-state relocation — virtual tours, VA / USDA / FHA financing introductions, neighborhood comparisons, and closing coordination without multiple trips.
Start Your Fallon SearchRELOCATION TIMELINE
How to relocate to Fallon in 8 steps
Most Fallon buyers close in 8-12 weeks on a $370K median home, and military buyers PCSing to Naval Air Station Fallon often compress that. Nevada imposes two deadlines after move-in — a driver's license within 30 days, registration within 60 — enforced by the Nevada DMV. Budget 2-3% for closing costs and confirm VA or USDA eligibility for zero down.
Research neighborhoods and set a budget
Compare Old Town, Lahontan Valley, and Stillwater on price, commute to the base, and acreage — your priorities (military proximity vs. land) drive the area choice.
Check VA / USDA eligibility
Military buyers can use VA loans with 0% down; eligible rural Churchill County properties may qualify for USDA — both major advantages at Fallon's price points.
Get pre-approved
Lock in financing before touring. Fallon's faster-moving under-$400K band near the base needs a clean pre-approval to compete when PCS demand spikes.
Hire a Northern Nevada specialist
VA-loan nuances, well/septic versus municipal services, Newlands water rights, and Churchill County zoning require an agent who works the market weekly.
Tour in person or virtually
For PCS buyers, virtual tours and base-proximity mapping let you choose before you arrive; for acreage buyers, walk the parcel and check the water source.
Write and negotiate the offer
On resale homes, negotiate repairs and closing-cost credits; on acreage, confirm water rights, outbuildings, and any irrigation-district assessments transfer cleanly.
Inspection and appraisal
Inspect for water source (well vs. municipal), septic, roof, HVAC, and well/pump condition on rural parcels. VA appraisals add minimum-property-requirement checks.
Close, move, and register
Transfer utilities (NV Energy, Fallon municipal water where applicable), then handle the Nevada DMV — license within 30 days, registration within 60.
ECONOMY & JOBS
What Drives Fallon's Economy?
Fallon's economy rests on Naval Air Station Fallon — home of TOPGUN — and Lahontan Valley agriculture rooted in the Newlands Reclamation Project. According to the U.S. Bureau of Labor Statistics, Nevada unemployment sits near historic lows, and the naval air station provides a stable year-round employment anchor. Military, civilian, and contractor jobs at the base, plus agriculture, government, and healthcare, form a recession-resistant local base.
$58,000Median household incomeU.S. Census ACS, City of Fallon
NAS FallonMilitary · Civilian · Contractor jobsTOPGUN — Navy Fighter Weapons School
10 minTo Naval Air Station FallonEast side of the city via US-50
AgricultureCantaloupe · Alfalfa · DairyNewlands Project irrigation
Top Fallon-Area Employers
- Naval Air Station FallonU.S. Navy — TOPGUN fighter weapons school, the area's largest employer (military, civilian, and contractor)
- Churchill County School DistrictK-12 schools and administration across Churchill County
- Banner Churchill Community HospitalRegional healthcare provider serving Fallon and Churchill County
- Churchill County GovernmentCounty seat — courts, services, and administration
- Lahontan Valley AgricultureFarms, dairies, and ranches — cantaloupe, alfalfa, and livestock via Newlands irrigation
- Local Retail & ServicesMaine Street and US-50 commercial corridor serving Churchill County
Sources: U.S. Bureau of Labor Statistics, Nevada State Demographer. Last updated June 2026.
CITY COMPARISON
How Does Fallon Compare to Fernley, Reno & Sacramento?
If you're deciding between Fallon and other Northern Nevada or California options, this covers the metrics buyers care about most. Fallon leads on land and military proximity, Fernley on commute, Reno on amenities — and all three beat Sacramento on total cost. Sources are RSAR, the U.S. Census, and BLS Nevada.
| Metric | Fallon | Fernley | Reno | Sacramento, CA |
|---|---|---|---|---|
| Median List Price | $370K | $360K | $575K | $550K–$650K |
| Price / Sq Ft | ~$200 | ~$195 | $340 | $320–$380 |
| Days on Market | 48 | 45 | 38 | 25 |
| Population | ~9,500 | ~22,000 | ~275,000 | ~530,000 |
| State Income Tax | None | None | None | Up to 13.3% |
| Median Household Income | $58,000 | $65,000 | $72,000 | $76,000 |
| Major Employer | NAS Fallon (TOPGUN) | TRI Center / I-80 | Diverse metro | State / metro |
| School Rating (best) | 7/10 (Oasis Academy) | 6/10 (Cottonwood ES) | 9/10 (Galena HS) | Varies |
| Land / Acreage Availability | High | Moderate | Low | Low |
| Best For | Military · Land · Value | Affordability · TRI Access | Amenities · Tahoe · Jobs | Urban amenities (CA tax) |
Sources: Reno/Sparks Association of REALTORS, U.S. Census ACS. Last updated June 2026.
Cost of Ownership
What Will Fallon Cost You Each Month?
A median $370K Fallon purchase runs about $2,725 monthly with 10% down at 7% per Freddie Mac's rate survey — principal, interest, taxes, insurance, and PMI included — versus roughly $1,650 to rent the equivalent. A VA loan with 0% down and no PMI lowers the entry cost. The tabs below model your payment, compare renting, and budget HOA tiers.
Payment Estimator
Estimate Your Fallon Payment
$2,892
Estimated Monthly Payment
- Principal & Interest$2,215
- Property Tax$188
- Insurance$150
- HOA$200
- PMI$139
Estimated calculations only — consult a lender for exact figures. Rate benchmarks reflect the Freddie Mac Primary Mortgage Market Survey.
BUY VS RENT
Should you buy or rent in Fallon right now?
At current rates the monthly gap between buying and renting is narrower than in Reno — and for military buyers a VA loan with 0% down and no PMI tilts the math decisively toward owning, even for a single tour at the base.
OWN (10% DOWN, 7%)
$2,710 / mo
- Principal & Interest
- $2,213
- Property Tax (~0.6%)
- $185
- Homeowners Insurance
- $105
- HOA (where applicable)
- $40
- PMI (10% down)
- $167
5-year net cost:~$108,000
Equity built:~$46,000
RENT (MEDIAN SFR)
$1,750 / mo
- Median SFR Rent
- $1,750
- Renters Insurance
- $18
- Equity Built / Month
- $0
- Tax Benefit
- $0
- Annual Increase Risk
- ~3.5%
5-year net cost:~$112,000
Equity built:$0
Avg annual rent increase: 3.5%
The 5-year breakeven
Owning a median Fallon home for five years costs roughly the same as renting once principal paydown and appreciation are counted — but the owner walks away with approximately $46,000 in equity while the renter walks away with none. For VA buyers with no down payment and no PMI, the owning advantage arrives even sooner.
Model assumptions: 7.0% 30-yr fixed (Freddie Mac PMMS), 3% annual appreciation, 3.5% annual rent growth, 0.6% effective property tax.
HOA Fees by Community
HOA Fees by Neighborhood Tier
Fallon HOA dues are uncommon — most established neighborhoods and rural parcels have no HOA, while a few newer subdivisions carry light community fees.
No HOA / Standard
$0–$80 / mo
Old Town & Central Fallon
$0
Includes:
No HOA, standard municipal services only
Select Newer Subdivisions
$30–$80
Includes:
Common-area maintenance, light deed restrictions
Rural / Ag Parcels
$0 / mo
Lahontan Valley & Stillwater Acreage
$0
Includes:
No HOA — private roads, wells, septic, and water rights common
Churchill County Outlying Parcels
$0
Includes:
Irrigation-district assessment may apply on ag land
Future / Emerging
TBD
New Phase Subdivisions
TBD by builder
Includes:
Developer-controlled until build-out; review CC&Rs
Commercial-Adjacent Residential
$0–$60
Includes:
Varies by subdivision covenants
COMMUTE & TRANSPORTATION
How Easy Is Getting Around Fallon?
US-50 ("the Loneliest Road") and US-95 are Fallon's lifelines — connecting west to Fernley in 30 minutes and Reno-Sparks in an hour, with Naval Air Station Fallon a short drive east. Fallon is car-dependent, with commutes near 20 minutes for those working in town or on base per U.S. Census ACS data. Most local errands take under 10 minutes.
Drive Times from Fallon
- 5 minDowntown FallonMaine St / US-50
- 10 minNaval Air Station FallonUS-50 east
- 15-20 minLahontan ReservoirUS-50 / Alt-95 west
- 30 minFernleyUS-50 Alt west
- 55 minSparksUS-50 Alt to I-80 west
- 60 minDowntown RenoUS-50 Alt to I-80 west
- 65 minCarson CityUS-50 west
- 70 minReno-Tahoe Intl AirportUS-50 Alt to I-80 west
Transportation Options
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC Washoe.
Quick Answer
How long does it take to close on a home in Fallon?
Most Fallon purchases close in 30 to 45 days. Cash offers close in 7-14 days; conventional, FHA, and VA loans run 30-45 days; USDA Rural Development loans add a few days for review. VA appraisals add minimum-property-requirement checks on older homes. Custom and rural builds in the Lahontan Valley range from 60 days to 6-10 months on build-to-order.
Quick Answer
What credit score do you need to buy a home in Fallon?
VA loans have no formal floor but most lenders look for 620, FHA allows 580+ with 3.5% down, conventional loans generally require 620+, and USDA Rural Development loans typically need 640+ for the guaranteed program. Fallon's median price of about $370K keeps most purchases out of jumbo territory — conforming loan limits allow standard qualification criteria. Higher scores reduce your rate: the spread between 640 and 760 can exceed $200/month on a Fallon median purchase.
Fallon FAQ — 18 Answers
What Do Fallon Buyers Most Frequently Ask?
Most AskedWhat is the median home price in Fallon?
The median asking price for a Fallon home is about $352,500 per Reno/Sparks Association of REALTORS and Northern Nevada Regional MLS data — well below the Reno-Sparks metro average. Homes near Naval Air Station Fallon and the historic Maine Street core anchor inventory, with single-family homes typically $300K–$475K and agricultural parcels reaching $550K and beyond.
What are the best neighborhoods in Fallon?
Fallon is the Churchill County seat with several distinct residential areas tracked by NNRMLS. Old Town Fallon centers on the historic Maine Street District — a National Historic District of early-20th-century architecture near the city core. Lahontan Valley Estates covers the rural west side with larger lots and acreage near Lahontan Reservoir and the Carson River. Stillwater, east of town, offers agricultural and wildlife country with large parcels. All sit within the Churchill County School District.
How is Fallon different from Reno?
Fallon is a smaller, more affordable Churchill County city about an hour east of Reno via US-50 and I-80, with a median near $352,500 versus roughly $575,000 in Reno. Where Reno offers a full metro — diverse employers, a university, Midtown dining, and Lake Tahoe 45 minutes away — Fallon is a quieter agricultural and military community anchored by Naval Air Station Fallon and the Newlands irrigation project. Both share Nevada's zero state income tax advantage.
What is the average days on market in Fallon?
Fallon homes take a median of about 75 days on market from list to accepted offer, per Northern Nevada Regional MLS data. Well-priced single-family homes near Naval Air Station Fallon often go pending faster, especially when listed below the $400K threshold that draws PCS-driven military demand and first-time buyers. Larger agricultural parcels and acreage in the Lahontan Valley typically take longer as the buyer pool narrows.
What are property taxes like in Fallon?
Property taxes in Fallon sit within Churchill County's rate structure, which runs roughly 0.5–0.7% of taxable value — similar to other Nevada counties. The state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471, and the Churchill County Assessor sets assessed values at 35% of taxable value. On a median-priced Fallon home the annual bill typically runs about $1,800–$3,000. Paired with no Nevada state income tax, the total carrying cost is very low by national standards.
Are there HOA communities in Fallon?
Most Fallon homes carry no HOA at all — the city's older established neighborhoods and rural agricultural parcels are predominantly HOA-free. A handful of newer subdivisions may carry light HOA dues in the $30–$80/month range covering common-area maintenance. Always review the CC&Rs and current dues before writing an offer — Churchill County has no blanket HOA requirement, so coverage varies street by street, and rural acreage almost never has one.
What is the cost of living in Fallon?
Fallon's cost of living is among the lowest in Northern Nevada. Housing is the primary driver — a median near $352,500 is well below Reno-Sparks and a fraction of comparable Bay Area pricing. Day-to-day costs track the rural Mountain West average, and Nevada's zero state income tax benefits Fallon buyers the same as anywhere in the state. Military families stationed at Naval Air Station Fallon and agricultural households stretch a paycheck much further here than in the metro.
What are the top schools in Fallon?
Fallon's schools sit within the Churchill County School District. Churchill County High School serves grades 9-12 and draws strong community support. Churchill County Middle School covers the middle grades. Multiple elementary campuses including Numa Elementary and E.C. Best Elementary serve the younger grades. The district is smaller and tight-knit, with a strong military-family presence tied to Naval Air Station Fallon and steady enrollment.
Is Fallon a good place for families?
Yes — Fallon offers families affordable home ownership, a tight-knit small-city environment, and the outdoor access of the Lahontan Valley high desert. The Churchill County School District provides consistent K-12 coverage, and the Naval Air Station Fallon community brings a steady network of military families. Families gain more square footage and land per dollar than in Reno-Sparks, and the agricultural setting offers room for animals and a slower pace.
What is the rental market like in Fallon?
Fallon's rental market is steady and military-driven. Single-family rents typically run about $1,400–$2,100/month per Reno/Sparks Association of REALTORS regional data, with consistent demand from Naval Air Station Fallon personnel rotating through on PCS orders. That steady military turnover gives Fallon one of the most reliable renter bases in rural Northern Nevada, supporting strong landlord returns on lower-priced entry-level homes.
Are there new construction homes in Fallon?
Fallon sees modest new-construction activity relative to the I-80 corridor, with most inventory being established resale homes and custom rural builds. A handful of subdivisions offer newer single-family homes in the $330K–$500K range, and custom builders work the larger agricultural parcels in the Lahontan Valley and Stillwater areas. Buyers seeking high-volume production-home subdivisions typically look 30 minutes west to Fernley; Fallon's strength is value resale and land.
What amenities does Fallon offer?
Fallon offers practical community amenities including city parks, the Churchill County Fairgrounds, the historic Fallon Theatre, the Oats Park Art Center, a public library, and local retail along Maine Street and US-50. The Churchill County Museum and the annual "Hearts of Gold" Cantaloupe Festival anchor local culture. Reno's full metro amenity set — hospitals, shopping, the university, Lake Tahoe access — is about an hour west via US-50 and I-80.
How is the commute from Fallon?
Fallon sits on US-50 ("the Loneliest Road") and US-95, about one hour east of Reno-Sparks via US-50 and I-80, and roughly 30 minutes east of Fernley. Naval Air Station Fallon is on the city's east side, a short drive for the many residents who work on base. The Reno-Tahoe International Airport is roughly 70 minutes away. Within Fallon, most errands run along Maine Street and US-50 — a very short drive with minimal congestion.
Is Fallon a safe place to live?
Yes — Fallon's smaller-city environment and tight-knit community produce crime rates below the Nevada urban average. The Fallon Police Department and Churchill County Sheriff serve the area, and the residential neighborhoods have the lower-density fabric typical of rural Nevada communities. The steady presence of the Naval Air Station Fallon community adds to the area's stability. Standard suburban precautions cover most day-to-day scenarios.
What should I know before buying in Fallon?
Before buying in Fallon, understand the role of Naval Air Station Fallon — it drives both demand and a steady PCS-turnover rental market. Check well versus municipal water (many rural and agricultural parcels use wells), Newlands Project water rights on acreage, and Churchill County zoning if you are buying with agricultural or outbuilding plans. Budget for a full inspection, appraisal, and roughly 2–3% in closing costs; Nevada closes through escrow companies in 30-45 days.
What's the minimum down payment to buy a home in Fallon?
Most Fallon buyers put down 0% to 20% — VA loans allow 0% down for eligible military buyers stationed at Naval Air Station Fallon, USDA loans may offer 0% down for eligible rural Churchill County properties, FHA loans allow 3.5% with a 580 credit score, and conventional loans start at 3% for first-time buyers. On a $370K median-priced Fallon home, that is roughly $0 (VA/USDA) to $74,000 (20%). Buyers using less than 20% on conventional financing should budget for monthly PMI of around $100–$250.
Is Fallon better than Fernley for a military or value buyer?
It depends on the job. Fallon wins decisively for anyone working at Naval Air Station Fallon — the base is on the east side of town, a short drive from most neighborhoods, and the VA-loan and PCS-rental ecosystem is established. Fallon also offers more agricultural land and a historic small-city core. Fernley wins for I-80 commuters to Reno-Sparks or the Tahoe-Reno Industrial Center, with more new-construction subdivisions and 35-minute metro access.
How long does it take to close on a home in Fallon?
Most Fallon purchases close in 30 to 45 days. Cash offers can close in 7-14 days, while financed purchases (VA, conventional, FHA, USDA) run 30-45 days from accepted offer to keys-in-hand. VA and USDA rural loans may add a few extra days for agency review. New construction ranges from 60 days for completed spec homes to 6-10 months for build-to-order contracts on rural parcels.
Updated June 2026
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PEOPLE ALSO ASK
What Else Do People Ask About Fallon?
Eight questions Fallon buyers actually search — answered with verifiable data from the U.S. Census, RSAR and NNRMLS prices, BLS employment figures, and Nevada State Demographer projections. Each answer names its source so you can verify before writing an offer on a Churchill County home.
Is Fallon a good place to live?
Yes, for the right buyer. Fallon offers some of the lowest home-and-land prices in Northern Nevada, Nevada's zero state income tax, the stability of Naval Air Station Fallon, and outstanding outdoor recreation. The trade-off is an hour's drive to Reno's full amenity set and schools rated below the top Washoe County campuses.
What is Fallon, Nevada known for?
Fallon is best known as the home of Naval Air Station Fallon — the Navy's TOPGUN fighter weapons school — and as the agricultural heart of Nevada, famous for "Hearts of Gold" cantaloupe, alfalfa, and dairy grown with Newlands Project irrigation in the Lahontan Valley.
How far is Fallon from Reno?
About 60 miles east of Reno via US-50 and I-80 — roughly an hour under normal conditions. Fernley sits between them, about 30 minutes west of Fallon, with the Tahoe-Reno Industrial Center job corridor beyond.
What is the richest part of Fallon?
Fallon does not have a dramatically wealthy enclave. The highest-value properties are large agricultural and ranch parcels in the Lahontan Valley and Stillwater with significant acreage and water rights, which can carry higher price tags than in-town homes for buyers who want land.
Does Fallon have new construction?
Modestly — Fallon's inventory is weighted toward established resale and custom rural builds rather than large production subdivisions. A handful of subdivisions offer newer homes from about $310K to $500K, and custom builders work the agricultural parcels. Buyers wanting high-volume new construction often look 30 minutes west to Fernley.
Is Fallon a military town?
In large part, yes. Naval Air Station Fallon is the area's largest employer and shapes the community, the rental market, and the buyer pool. The base brings a steady stream of PCS-relocating military families, and the VA-loan ecosystem is well established among local lenders and agents.
What county is Fallon in?
Fallon is the county seat of Churchill County, Nevada — not Lyon County (Fernley) or Washoe County (Reno). This matters for school districts (Churchill County School District), property-tax assessment, and USDA loan tract eligibility.
Can I get a VA or USDA loan in Fallon?
Yes to both for eligible buyers. VA loans (0% down) are widely used by Naval Air Station Fallon personnel, and portions of Fallon and surrounding Churchill County may qualify for USDA Rural Development guaranteed loans with no down payment. USDA eligibility changes with each map update; confirm with an approved lender before assuming a specific address qualifies.
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Want to Talk to a Fallon Real Estate Expert?
9,600+ transactions. $4.85B+ in total volume. Chris Nevada and the Nevada Real Estate Group team serve buyers and sellers across Nevada — we know Fallon's neighborhoods, VA-loan purchases near Naval Air Station Fallon, agricultural acreage, and the Churchill County market firsthand. Tell us what you're looking for and we'll find your home.
NEARBY COMMUNITIES
Which Communities Are Within 90 Minutes of Fallon?
Compare Fallon with neighboring Northern Nevada cities. Each card pairs the drive time from Fallon with median price — Fernley at $360K (30 min), Reno at $575K (60 min), Carson City at $525K (65 min) — so you can judge whether more amenities are worth the longer drive from Fallon's land and lower prices.
A–Z INDEX
Which Fallon Neighborhoods Can You Explore A–Z?
Every active neighborhood and area within Fallon (ZIP 89406), Churchill County. Each linked entry opens current NNRMLS listings and price data — from historic Old Town Fallon resale priced from $300K to the rural Lahontan Valley and Stillwater acreage parcels at $350K–$650K+.
KEEP LEARNING
What Else Should You Read About Fallon?
These guides extend the research most Fallon buyers do next — comparing Northern Nevada markets by price and commute, understanding VA and USDA loan eligibility for Churchill County, and exploring Fernley and Reno as alternatives to Fallon's agricultural and military setting.
GUIDE
Fernley Community Guide
Fallon's I-80 corridor neighbor 30 minutes west — more new construction and a shorter commute to Reno-Sparks.
Read →GUIDE
Reno Community Guide
Northern Nevada's largest city — full market data, neighborhood comparisons, and every Reno community page in one place.
Read →MARKET REPORT
Northern Nevada Real Estate Hub
Statewide market data, city comparisons, and every Northern Nevada community page.
Read →Sources & Methodology
Where Does This Fallon Data Come From?
Every statistic on this page is sourced from a primary or government dataset, refreshed monthly. The organizations below — from the U.S. Census Bureau to the Reno/Sparks Association of REALTORS — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
- Reno/Sparks Association of REALTORS (RSAR) — Median sold price, days on market, list-to-sold ratio, monthly MLS statistics covering Churchill County. rsar.realtor
- Northern Nevada Regional MLS (NNRMLS) — Active listings, inventory counts, price-per-square-foot, neighborhood data for Fallon and Churchill County. nnrmls.com
- U.S. Census Bureau — Population, demographics, household income, age distribution, education attainment (ACS) for Fallon city, Nevada. data.census.gov
- Nevada State Demographer — City and county population estimates and growth projections for Churchill County and Fallon. census.gov
- U.S. Bureau of Labor Statistics — Nevada unemployment rate, employment by sector, wage data — the regional job market for Fallon and Churchill County. bls.gov/nevada
- FBI Uniform Crime Reporting (UCR) — Violent crime rate, property crime rate, metro and county comparisons. fbi.gov/ucr
- GreatSchools.org — K-12 school ratings, test scores, student-teacher ratios for Churchill County School District campuses. greatschools.org
- Nevada Report Card — Official Nevada DOE school performance data for Churchill County School District. nevadareportcard.nv.gov
- Churchill County Assessor — Property tax rates, assessed values, and parcel data for Fallon and Churchill County. churchillcountynv.gov/assessor
- City of Fallon — Parks, utilities, community planning, and municipal service data. fallonnevada.gov
- Freddie Mac PMMS — Mortgage rate weekly survey used in payment calculator. freddiemac.com/pmms
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).
Last refresh: June 2026 · Next scheduled refresh: July 2026