Home prices
The median home price in Fallon is $168,200. Compared to its surrounding areas it is approximately $31,120 (22%) higher.In comparison to the rest of the nation it is about $49,300 (22%) lower, and is roughly $166,800 (49%) lower compared to the city of Reno.
Rents
Fallon's median rent is $887 per month. This is approximately $65 (7%) higher compared to its nearby areas.It is about $175 (16%) lower compared to the entire country, and in comparison to the city of Reno is approximately $142 (13%) lower.
Nearby places
Fernley
Fernley is approximately 19 miles west of Fallon. Real estate prices there are somewhat more expensive. The median home in Fernley is valued at $221,200, which is $53,000 (23%) higher than Fallon. Rent there is a bit more expensive. The median rent in Fernley is $1,147 a month, which is $260 (22%) higher than Fallon.
Silver Springs
Silver Springs is roughly 21 miles west from Fallon. Its real estate prices are a bit less expensive. The value of the median home in Silver Springs is $141,800, which works out to $26,400 (18%) lower than Fallon. Rents there are a bit more expensive. Silver Springs's median rent is $1,020 per month, which works out to $133 (13%) higher than Fallon.
Wadsworth
Wadsworth is about 25 miles northwest from Fallon. Housing prices there are substantially less expensive. The median home cost in Wadsworth is $81,300, which comes out to $86,900 (106%) lower than Fallon. The rent there is significantly less expensive. In Wadsworth the median monthly rent is $594, which is $293 (49%) lower than Fallon.
Stagecoach
Stagecoach is roughly 28 miles west of Fallon. Its housing prices are pretty similar. The median home value in Stagecoach is $160,600, which works out to $7,600 (4%) lower than Fallon. Rents there are somewhat more expensive. In Stagecoach the median monthly rent is $985, which works out to $98 (9%) higher than Fallon.
Nixon
Nixon is about 35 miles northwest from Fallon. Real estate prices there are significantly less expensive. The median home in Nixon costs $80,500, which works out to $87,700 (108%) lower than Fallon. Rents there are substantially less expensive. The median rent in Nixon is $363 a month, which works out to $524 (144%) lower than Fallon.
