$485,000
$15K PRICE DROP
- 1 Bath
- 2,008 Sq Ft
250 S Taylor St, Fallon, NV 89406
Leslie Beach
RE/MAX Connection
5
Fallon, NV Multifamily Homes & Duplexes for Sale
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250 S Taylor St, Fallon, NV 89406
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$419,000
- 5 Beds
- 3 Baths
- 2,216 Sq Ft
505-507 Wildes Wildes St, Fallon, NV 89406
505-507 Wildes Wildes St, Fallon, NV 89406Mike Medeiros Seven Keys Realty
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$410,000
- 4 Beds
- 2 Baths
- 1,632 Sq Ft
519 Wildes St, Fallon, NV 89406
519 Wildes St, Fallon, NV 89406Mike Medeiros Seven Keys Realty
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$410,000
- 4 Beds
- 2 Baths
- 1,632 Sq Ft
515 Wildes St, Fallon, NV 89406
515 Wildes St, Fallon, NV 89406Mike Medeiros Seven Keys Realty
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$750,000
- 8 Beds
- 4 Baths
- 3,444 Sq Ft
960 Mark Ave, Fallon, NV 89406
960 Mark Ave, Fallon, NV 89406Alex Mendoza AMRE
Why Live in Fallon
Fallon, Nevada, is a small city with a rich Old West heritage and a strong military presence. The Spanish Revival-style courthouse and historic movie theater on Maine Street contribute to its quintessential Western charm. Fallon is home to Naval Air Station Fallon, located 6 miles southeast of downtown, which houses the Navy Fighter Weapons School (TOPGUN) and is the city’s largest employer. The community is primarily composed of military personnel, agricultural workers, and retirees. Housing in Fallon ranges from ranch-style homes built during World War II to newer developments featuring stucco walls and New Traditional influences. The city faces challenges in expanding due to its agricultural land. Fallon’s downtown, particularly Maine Street, is recognized for its historical significance and offers a variety of dining options, including Mexican, Chinese, Indian, and American Western cuisine, along with shopping amenities like Walmart and Safeway. Churchill County Regional Park serves as the main recreational area, hosting events such as the Fallon Cantaloupe Festival & County Fair and the Fastest Gun Alive championship. The Churchill County School District, highly rated for its athletic programs, provides education through three elementary schools, one middle school, and one high school, which includes a Naval Junior ROTC program. Fallon is safer than the national average, though it experiences extreme desert temperatures. U.S. Route 50, known as “The Loneliest Road in America,” and Interstate 80 offer routes to nearby cities, including Reno, which is an hour away.
Home Prices in Fallon, NV
The median home sale price in Fallon, NV is $365,000, up 1% year-over-year. Homes in Fallon sell in 41 days on average, compared to the national average of 55 days.
Home Price Trends
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Median Sale Price
$365,000
|
Median Single Family Sale Price
$362,500
|
|
Median 2 Bedroom Sale Price
$242,500
|
Average Price Per Sq Ft
$243
|
|
Number of Homes for Sale
20
|
Last 12 months Home Sales
145
|
|
Months of Supply
1.70
|
Median List Price
$375,000
|
|
Median Change From 1st List Price
1%
|
Median Home Sale Price YoY Change
1%
|
In Fallon, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $410,000 to $750,000, there's a range to accomodate every budget. As of August, 2026 the median home price in Fallon is $375,000, while the average sale price is $360,488, offering insights into the local housing market. On average, multi-family homes spend 41 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fallon, NV.
Fallon Multi-family Homes By Price
Fallon Types of Homes for Sale
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