New - 1 day on Rocket
$6,709 Closing Credit¹
Hadley Faught, Listing Office: eXp Realty, LLC
Fallon Housing Market Report December 2024•Churchill County, Nevada
Housing Prices in Fallon, NV
How much do homes in Fallon, NV cost?
Housing Market Conditions
Is Fallon, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fallon is a Neutral Market
Difference Since December 2023
At the same time last year, Fallon was a Seller's Market.
Insight
Fallon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$385,000$239/SqFt
+$34,003
+9.7%
Based on all homes sold in the last 12 months
Insight
Homes in Fallon have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Fallon was $385,000 in December 2024, up 9.7% from last year, and the median price per square foot was $239.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $230K | $185K | -19.6% |
| 22 Bedrooms | $250K | $235.2K | -5.9% |
| 33 Bedrooms | $349.4K | $373K | +6.7% |
| 44 Bedrooms | $395.6K | $420K | +6.1% |
| 55+ Bedrooms | $465K | $520K | +11.8% |
Summary: Fallon housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -19.6%. The home price for 2 bedroom homes decreased by -5.9%. The home price for 3 bedroom homes increased by +6.7%. The home price for 4 bedroom homes increased by +6.1%. The home price for 5 bedroom homes increased by +11.8%.
Housing supply in Fallon, NV
How many homes are available in Fallon, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 75Last MonthDec 2024 | ||
| 762 months agoNov 2024 | -1.3 % Change MoMNov – Dec |
Summary: The Fallon real estate market had 75 homes for sale in Dec 2024, a 1.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthDec 2024 | ||
| 122 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 55 | 56 | +1.8% |
| 44 Bedrooms | 14 | 13 | -7.1% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Fallon housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +1.8%. The inventory for 4 bedroom homes decreased by -7.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fallon, NV cost?
Over Asking Price3 Homes
At Asking Price4 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Fallon, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Fallon in December 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and and 25% were sold over asking.
Days on Market for Fallon, NV
How long does it take to sell a home in Fallon, NV?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days9 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Fallon has remained consistent over time.
Summary: During December 2024, 12 homes were sold in Fallon; 8% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 61 DaysThis YearDec 2024 | ||
| 76 Days1 year agoDec 2023 | -19.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Fallon had an average listing age of 61 days in Dec 2024, down by 19.3% compared to the previous year.
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Newest Listings in Fallon, NV
What homes are available in Fallon, NV?
New - 1 day on Rocket
$8,016 Closing Credit¹
Gwen Lister, Listing Office: Berney Realty, LTD
New - 2 days on Rocket
$5,641 Closing Credit¹
Emma Fullerton, Listing Office: Berney Realty, LTD
New - 2 days on Rocket
$4,868 Closing Credit¹
Shannon Nelson, Listing Office: Berney Realty, LTD
New - 2 days on Rocket3D tour
$4,511 Closing Credit¹
Traycey Ebert-Roque, Listing Office: eXp Realty
New - 2 days on Rocket
$5,343 Closing Credit¹
Steve O'Brien, Listing Office: RE/MAX Professionals-Reno
New - 3 days on Rocket
$4,628 Closing Credit¹
Lauren Wilson, Listing Office: Rogne Realty, LTD.
New - 4 days on Rocket
$6,234 Closing Credit¹
Shannon Nelson, Listing Office: Berney Realty, LTD
New - 5 days on Rocket
$4,155 Closing Credit¹
Shannon Anderson, Listing Office: Berney Realty, LTD
New - 6 days on Rocket
$2,968 Closing Credit¹
Janet Oliver, Listing Office: TrueNest Properties
New - 7 days on Rocket
Shannon Nelson, Listing Office: Berney Realty, LTD
$7,600 Closing Credit¹
John Wyatt Getto, Listing Office: Ferguson & Getto Inc REALTORS
Nearby markets
Nearby markets aren't available for Fallon, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Northern Nevada Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.