Tier1
Entry / In-Town Homes
Under $325K
Typical Areas: Central Fallon, older and starter homes
Specs: 2–3 BR homes on standard town lots
View →
Fallon Homes for Sale
Live MLS listings · Listings updated September 25, 2026
By Chris Nevada · Nevada Real Estate Group · 16+ years in Nevada real estate · License S.181401 · Veteran-owned (16-year U.S. Navy) · RealTrends Verified #1 in Nevada
Last reviewed: by Chris Nevada
Fallon currently has active homes for sale. Fallon is one of Northern Nevada's most affordable markets — the Churchill County seat about 60 minutes east of Reno, anchored by Naval Air Station Fallon (home of TOPGUN) and a strong agricultural base. With a median near $360,000, no state income tax, and room for acreage, it draws military families, first-time buyers, and anyone seeking a quieter, lower-cost Nevada lifestyle.
What Should Fallon Home Buyers Know First?
- Fallon's median runs near $360,000 — among the lowest in Northern Nevada, with no state income tax.
- Naval Air Station Fallon (TOPGUN) plus a strong agricultural economy anchor steady, recession-resistant demand.
- According to the Nevada Department of Taxation, Nevada has no state income tax and caps owner-occupied property-tax growth at 3% a year.
- Affordable prices and room for acreage make it popular with military families, first-time buyers, and hobby farmers.
- About 60 minutes east of Reno via US-50 — verify property taxes with the Churchill County Assessor.
No active listings match this search right now. Call (775) 277-2120 and we'll set up an instant alert the moment one hits the market.
What Price Tiers of Fallon Homes Are Available?
Tier2
Move-Up / Family
$325K–$475K
Typical Areas: Newer Fallon subdivisions, edge-of-town lots
Specs: 3–4 BR homes, some with larger yards
View →Tier3
Acreage & Ranch
$475K+
Typical Areas: Churchill County farmland, ranchettes, water-righted parcels
Specs: Homes on acreage, hobby farms, and working ag land
View →Price bands reflect active NNRMLS listings, 2026. The live count and median above update directly from the MLS feed.
Why Buy Homes for Sale in Fallon?
Fallon is Northern Nevada's affordable, room-to-breathe market — ag land and small-town living anchored by NAS Fallon, an hour east of Reno, with Nevada's zero income tax.
- Fallon offers some of the lowest home prices in Northern Nevada, plus room for acreage and hobby farms that the Reno metro can't match.
- Naval Air Station Fallon and a deep agricultural base provide a stable, recession-resistant economy and steady rental demand (including VA-financed military buyers).
- No state income tax and low Churchill County property-tax rates keep ownership costs minimal on an already-affordable base.
- A quieter, small-town pace with full services, about an hour from Reno's big-city amenities and airport.
Why Are People Moving to Fallon?
The number-one driver is affordability with land. Fallon offers some of the lowest home prices in Northern Nevada plus room for acreage, ranchettes, and hobby farms — something the Reno metro simply can't match at these prices. For first-time buyers, military families, and anyone wanting space and a quieter pace, Fallon is the value answer. For the broader regional picture, see our Reno relocation guide.
A stable economy anchors it. Naval Air Station Fallon — home of the Navy's Fighter Weapons School (TOPGUN) — and a deep agricultural base give Fallon recession-resistant employment and steady rental demand, including VA-financed military buyers. According to the Nevada Department of Taxation, Nevada levies no state income tax, and Churchill County property-tax rates are low, keeping carrying costs minimal.
And it stays connected. Fallon is about an hour east of Reno via US-50, so buyers get small-town quiet and full local services while keeping the metro's big-city amenities and airport within reach for a day trip.
How Do You Buy a Home in Fallon?
Step one is financing: get a lender pre-approval before you tour — and many Fallon buyers use VA or USDA-eligible rural financing, so confirm your options early. Step two is defining your fit — an affordable in-town home, a newer family subdivision, or acreage with water rights — and setting an instant alert, since well-priced homes move quickly in this small market.
Step three is the offer and due diligence: on acreage and ag parcels, verify water rights, well, septic, and zoning carefully — this is where local expertise matters most. Step four is escrow — Nevada uses a roughly 30-to-45-day close with a title/escrow company, inspection, appraisal, and final walkthrough (longer for some land deals). Step five is closing and keys. We represent buyers across Fallon and Churchill County — call (775) 277-2120 to start.
What Makes Fallon Different?
Fallon is the "Oasis of Nevada" — a Churchill County farm town anchored by a Navy air station, offering affordability and acreage an hour east of the Reno metro.
| Feature | Detail |
|---|---|
| County | Churchill County (Northern Nevada — NNRMLS) |
| Population | ≈ 9,500 city; the regional hub for Churchill County |
| Economy | Naval Air Station Fallon (TOPGUN) + agriculture (alfalfa, the famed Hearts of Gold cantaloupe) |
| Value | Among the lowest median prices in Northern Nevada |
| Land | Room for acreage, ranchettes, and water-righted parcels |
| Access | ≈ 60 minutes east of Reno via US-50 |
Tax facts per the Nevada Department of Taxation. Market data per the Reno/Sparks Association of REALTORS. Verify parcel taxes with the Churchill County Assessor.
What Fallon Homes Just Listed Recently?
These are the newest Fallon listings on the NNRMLS feed, pulled live. Fallon is one of Northern Nevada's most affordable markets, so well-priced homes and acreage move quickly. See all just-listed Fallon homes or call (775) 277-2120 for instant alerts.
New Fallon listings are loading from the live MLS — check back shortly or browse all current listings below.
What Do Northern Nevada Clients Say About Nevada Real Estate Group?
5.0 ★ · 1,253 Google reviews
Across more than 1,000 verified Google reviews, Nevada Real Estate Group clients consistently praise the team's responsiveness, professionalism, and fierce advocacy at the negotiating table — describing smooth, low-stress transactions and agents who stay genuinely communicative from the first showing through closing.
★★★★★
“Chris Youkhana helped us purchase our brand-new build home, and it was a great experience from start to finish. He guided us through every step of the process, explained everything clearly, and made sure we felt comfortable with each decision along the way. His knowledge and expertise were extremely valuable, especially when it came to dealing with the builder. He helped us look past the “too good to be true” offers and made sure we understood what we were actually agreeing to. It gave us a lot of confidence knowing we had someone in our corner who knew what to look out for. Buying a new build can feel overwhelming, but Chris made the process smooth, honest, and stress-free. We would absolutely recommend him to anyone looking to buy a home.”
★★★★★
“Karina Moreno was extremely kind and diligent with every step in the process of helping me find a home! She truly cares about her clients, and I didn’t feel like a customer. I recommend her to everyone, especially people who are going through the home buying process for the first time.”
★★★★★
“It was amazing working with Martin from Nevada Real Estate Group. He was professional and reliable through the entire home purchasing process. He was very patient and answered all my questions thoroughly, making the process so much easier! Thank you Martin for helping my family find our perfect home.”
★★★★★
“I don't typically leave a lot of reviews, only when one is warranted. This one definitely is! If you are searching for a real estate agent that is honest, that will go the extra mile for you, that will keep you smiling, keep you laughing, exhibits top level professionalism, AND makes you feel like family, then you might want to request Mia Green with Nevada Real Estate Group! My wife and I were relocating from California to Nevada and we reached out to Nevada Real Estate Group before our trek up to Nevada. Mia Green was the agent that we connected with and began scheduling home viewing with. Everything from our arrival and initial meeting at her office was so pleasant and welcoming! We immediately felt a level of comfortability with Mia Green, and loved the vibe that she gave off. Although we did not initially find the home that we were looking for on our first trip out for 4 days, a time was had!!! Viewing homes with Mrs. Green was an absolute experience! She kept us laughing, always had a positive attitude, and continued to support & uplift us when obstacles got in our way. That support and encouragement motivated us to return to back to Nevada a few weeks later with a whole new outlook and approach, which ultimately secured us a place in the area that we wanted, at a price point that we are comfortable with, and with some pearls of wisdom that we plan to apply over the next year to get in our forever home!!! And you best believe we will be right back at Nevada Real Estate Group, requesting our Favorite Real Estate Agent - Mia Green!!! Thank you for everything!!! Might put your picture on our wall in the house! lol!”
How Much Will a Fallon Home Cost You?
Run the numbers before you tour. Estimate your monthly payment (principal, interest, an estimated Churchill County tax, and insurance), see what your income supports, and budget your move — all updated live as you adjust the sliders. These are planning estimates, not a loan offer; verify the exact tax with the Churchill County Assessor and terms with your lender.
Loan Details
Home Price$360,000
$100K$2M
Down Payment20% ($72,000)
3%50%
Interest Rate6.5%
3.0%12.0%
Loan Term
Monthly Breakdown
30-year fixed at 6.5% APR · Fallon (Churchill County)
Principal & Interest$1,820/mo
Est. Property Tax (~0.65%/yr)$195/mo
Est. Insurance (~0.5%/yr)$150/mo
Total Est. Monthly (PITI)$2,165/mo
Loan Amount$288,000
Total Interest (30 yr)$367,328
Calculators provide estimates for planning only and are not a loan offer, pre-approval, or guarantee of terms. Property tax (~0.65%) and insurance (~0.5%) are estimates; verify rates with your lender and the Churchill County Assessor.
How Do You Reach a Local Fallon Specialist?
Call (775) 277-2120 or email info@nevadagroup.com. Nevada Real Estate Group · 1755 E Plumb Ln #241, Reno, NV 89502 · Nevada license S.181401.
Where Else Can You Browse Fallon Listings?
Fallon homes for sale are organized below by price — pick the path that matches how you shop, or open the Reno-Tahoe MLS map search to draw your own area and set instant alerts.
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Fallon FAQ — 8 Answers
What Do Fallon Buyers Most Frequently Ask?
Most AskedHow many homes are for sale in Fallon right now?
Live Fallon inventory is shown above, updated directly from the NNRMLS feed. As a smaller, affordable market, inventory is limited and turns over steadily. Set a saved search and we will alert you the moment a home matching your criteria lists.
What is the median home price in Fallon?
The Fallon median runs near $360,000 in 2026 — among the most affordable in Northern Nevada. In-town homes price lower; acreage and ranch properties with water rights price higher. The live median above reflects today's active NNRMLS inventory.
Is Fallon a good place to buy on a budget?
Yes — Fallon is one of the best-value markets in Northern Nevada, popular with first-time buyers, military families (many using VA financing), and buyers who want acreage. The trade-off is the roughly hour drive to Reno for big-city amenities.
Can you buy acreage or ranch property in Fallon?
Yes — Churchill County is agricultural, so ranchettes, hobby farms, and water-righted parcels are common. Financing and due diligence differ for land and ag property (water rights, well, septic), so work with a lender and agent who know the local market.
What are Fallon property taxes?
Fallon is in Churchill County, where the effective property-tax rate is among the lowest in the West — generally in the 0.6%–0.7% range, varying by parcel. Nevada caps annual increases on owner-occupied homes at 3% and has no state income tax. Verify the exact figure with the Churchill County Assessor.
How far is Fallon from Reno?
Fallon sits about 60 minutes east of Reno via US-50. It is far enough for a true small-town, agricultural feel yet close enough for Reno's shopping, medical care, and airport on a day trip.
How long does it take to close on a Fallon home?
A typical financed purchase closes in about 30 to 45 days from accepted offer; cash purchases can close in as little as two weeks. Acreage and ag-land deals with water rights or wells may need extra due-diligence time. We manage every deadline so nothing slips.
Do I need a Realtor to buy a home in Fallon?
You are not legally required to, but it is strongly advisable — especially for acreage with water rights, where local expertise is essential. Buyer representation is typically paid by the seller, so it usually costs the buyer nothing. Nevada Real Estate Group is the #1 team in Nevada; call (775) 277-2120.
Updated September 25, 2026
How Do You Get New Homes for Sale Emailed Daily?
Set your alert in 30 seconds and we'll send matching Fallon listings the moment they hit the MLS — or call (775) 277-2120 to talk with a local specialist.
Or call (775) 277-2120 to talk with a local Fallon specialist.