Known as the "Oasis of Nevada," Fallon is situated in Churchill County, about 60 miles east of Reno. It has a relatively affordable housing market, and when combined with nearby outdoor recreation and urban amenities, Fallon is a city that investors should capitalize on for potential growth.
Naval Air Station (NAS) Fallon is the largest employer in the area. It is home to the Navy's premier air-to-air and air-to-ground training facility and plays a huge role in the local economy, providing jobs to both military personnel and civilians. This creates a steady demand for housing, making rental properties and homes for sale highly desirable for military families. Churchill County School District, Banner Churchill Community Hospital, and the Fallon Paiute-Shoshone Tribe also contribute to the area's economic stability.
Fallon has several neighborhoods that cater to different preferences and budgets, which makes it easy for investors to find properties that match their goals. Upscale and modern homes are available in the Rafter 3C area. Areas closer to downtown Fallon provide more affordable options, often appealing to first-time homebuyers or those who are looking to downsize. The availability of both established neighborhoods and new developments provides investors with diverse opportunities.
Popular Streets in Fallon, Nevada
Alcorn Rd12742$470,0562,658 Sq.Ft.5/29/2025Great Basin Ln11432$937,8861,584 Sq.Ft.6/6/2025Maine St14764$317,5146,115 Sq.Ft.3/6/2025Reno Hwy20042$409,6156,454 Sq.Ft.6/2/2025Rice Rd16242$448,4352,492 Sq.Ft.5/15/2025Soda Lake Rd12982$409,5223,015 Sq.Ft.1/16/2025Stillwater Ave28642$258,5392,048 Sq.Ft.11/21/2024Stillwater Rd11752$364,0932,341 Sq.Ft.6/4/2025Taylor St14842$351,2503,426 Sq.Ft.4/22/2025Williams Ave13332$356,2789,643 Sq.Ft.5/28/2025All Streets in Fallon, Nevada
1 East Front St142N/A2,344 Sq.Ft.12/8/20201 S East St11313N/A6,327 Sq.Ft.3/13/20121st St521$264,500949 Sq.Ft.8/25/20231 W Center St188N/A3,880 Sq.Ft.5/20/20101 West Front St142N/A2,340 Sq.Ft.N/A4th St1032$344,0003,408 Sq.Ft.3/7/20225th St2932$320,8571,385 Sq.Ft.2/23/202429 In1N/AN/A$405,000N/AN/A642 Scheelite Mine Rd1N/AN/AN/AN/AN/A659 Ew Range Access Rd1N/AN/AN/AN/AN/AAda1N/AN/A$361,000N/AN/AAda St3232$283,2071,662 Sq.Ft.5/2/2025Adobe Rd1242$498,2502,717 Sq.Ft.12/3/2021Agate Ln2032$439,6501,673 Sq.Ft.4/28/2024Aimee Ln1032$336,9001,510 Sq.Ft.12/11/2023Airport Rd1433$479,5003,042 Sq.Ft.11/28/2023Albert St2032$349,2001,408 Sq.Ft.9/24/2024Alcorn Rd12742$470,0562,658 Sq.Ft.5/29/2025Alder Dr1932$441,7371,639 Sq.Ft.4/18/2025Alix Cir1N/AN/AN/AN/A1/31/2014Allegre Ln6109$578,0003,308 Sq.Ft.10/17/2024Allen Rd9052$556,0664,256 Sq.Ft.6/2/2025Allen St4432$344,9771,530 Sq.Ft.4/8/2025Alley Of Bonanza1N/AN/AN/AN/AN/AAllyn Pl543$705,2502,754 Sq.Ft.1/10/2025Alpine Rd1231$382,0003,953 Sq.Ft.3/22/2017Amanda Ln2132$307,6671,336 Sq.Ft.3/27/2024Amber Way543$402,0002,504 Sq.Ft.4/26/2023Anderson Ranch Rd132$404,0003,984 Sq.Ft.2/21/2006Andrew Ln1932$356,9471,567 Sq.Ft.5/29/2024Angela Ct932$317,2221,426 Sq.Ft.5/2/2025Annette Ave21168$384,4762,527 Sq.Ft.9/19/2023Anthony Ln1132$316,7271,366 Sq.Ft.4/3/2023Applewood Cir442$620,0002,878 Sq.Ft.3/7/2024Ara Ln10272$276,8891,541 Sq.Ft.2/12/2025Arnold Way5N/AN/AN/A3,208 Sq.Ft.10/27/2020Arrowhead Ln1132$414,1822,056 Sq.Ft.6/2/2025Arundell Ln1292$386,4002,633 Sq.Ft.5/22/2019Arvilla Ln932$416,1111,887 Sq.Ft.5/6/2025Aspen Cir932$478,3331,896 Sq.Ft.10/1/2024Aspen Way1N/AN/AN/AN/A3/22/2011A St2752$330,6364,332 Sq.Ft.4/28/2025Auction Rd31139$399,5007,067 Sq.Ft.6/9/2025Augusta Ln3432$388,6181,566 Sq.Ft.2/11/2025Austin Hwy9152$492,5384,197 Sq.Ft.6/4/2024B16 Center Tower Rd2N/AN/AN/AN/AN/AB20 Center Tower Rd2N/AN/AN/AN/AN/ABabb Pl2152$349,9411,407 Sq.Ft.5/29/2025Bafford Ln4432$495,3412,937 Sq.Ft.4/29/2025Bailey St6232$337,8201,613 Sq.Ft.2/25/2025Bango Rd142215$380,4293,655 Sq.Ft.6/8/2023Bass Rd1365$654,1257,184 Sq.Ft.5/17/2016Beach Rd1031$301,5001,635 Sq.Ft.3/20/2025Beacon Way8N/AN/AN/A7,900 Sq.Ft.2/14/2023Beasley Dr7172$296,0002,452 Sq.Ft.7/19/2019Bebe Ann Way1042$486,7783,552 Sq.Ft.4/29/2024Beeghly Dr1992$372,3891,706 Sq.Ft.11/17/2023Bell Aire Ln1792$452,7142,196 Sq.Ft.3/12/2025Bench Rd4692$407,6673,312 Sq.Ft.2/25/2025Benson Ln2372$305,6501,630 Sq.Ft.4/29/2025Berney Rd942$447,8573,492 Sq.Ft.8/14/2023Bernice Mining District2N/AN/AN/AN/AN/ABeth Way1632$380,9381,554 Sq.Ft.1/16/2025Beverly Dr432$466,7502,550 Sq.Ft.5/2/2020Bianchi Ln632$454,8332,500 Sq.Ft.12/2/2019Bighorn St132$401,0001,845 Sq.Ft.6/9/2022Bighorn Way1N/AN/AN/AN/A2/17/2021Big Red Dr1N/AN/A$278,0001,980 Sq.Ft.4/27/2017Birch Ln1432$476,2502,099 Sq.Ft.4/22/2021Blackbird Pkwy142$378,0001,638 Sq.Ft.12/20/2022Blue Sage Dr243$529,0002,878 Sq.Ft.3/10/2025Blues Ct832$477,1433,083 Sq.Ft.6/7/2022Bobby Way1142$544,5452,362 Sq.Ft.8/18/2022Bon Accord Ln2032$460,1002,097 Sq.Ft.4/14/2025Bonanza Ln532$346,4001,223 Sq.Ft.1/10/2024Bonnie Ln1332$318,0771,316 Sq.Ft.12/8/2023Bottom Rd7732$460,6382,836 Sq.Ft.4/15/2025Boundary Rd322$366,6671,776 Sq.Ft.1/31/2014Bourbon St592$279,8001,908 Sq.Ft.2/14/2025Bowie Rd11152$323,3641,892 Sq.Ft.3/24/2025Boyer Rd31105$468,5173,337 Sq.Ft.8/2/2024Bradley St1232$378,0831,351 Sq.Ft.3/27/2024Breen Dr342$308,0001,813 Sq.Ft.7/10/2020Brent St732$403,8571,747 Sq.Ft.5/23/2025Briggs Ln1732$417,1762,803 Sq.Ft.1/5/2023Broadway St6953$344,6432,537 Sq.Ft.5/16/2025Bronco Way133$579,0002,834 Sq.Ft.11/2/2021Brookside Cir732$612,2862,303 Sq.Ft.7/18/2024Browns Ln832$481,0002,637 Sq.Ft.8/7/2024Brush Garden Dr17152$292,4672,225 Sq.Ft.5/7/2025B St2532$324,9441,728 Sq.Ft.1/7/2025Burntwood St2432$357,2501,519 Sq.Ft.11/25/2024Butte View Rd2N/AN/A$189,000N/AN/AButte Vw1392$319,3083,585 Sq.Ft.10/1/2021Caballo Way632$817,0002,928 Sq.Ft.4/1/2022Cadet Rd5392$411,4004,407 Sq.Ft.11/16/2023Calaway Ct632$370,3331,532 Sq.Ft.9/22/2021Caleb Dr4182$363,0982,069 Sq.Ft.6/2/2025Calkin Rd321$322,6671,035 Sq.Ft.8/8/2011Campus Way1N/AN/AN/A46,041 Sq.Ft.N/A4007 Cimarron RdFallon, NV 89406
Estimated Value $480,000
Living Area 1,846 SqFt
Beds 3
Baths 2
Year Built 1993
Property Type Single Family
Ownership Type Related
APN 008-693-28
Municipality 2 0
School District Churchill County School District
4033 Hawk DrFallon, NV 89406
Estimated Value $449,000
Living Area 1,800 SqFt
Beds 3
Baths 2
Year Built 1996
Property Type Single Family
Ownership Type Individual
APN 008-281-15
Municipality 2 0
School District Churchill County School District
1165 Heidi RdFallon, NV 89406
Estimated Value $321,000
Living Area 1,803 SqFt
Beds 29
Baths 2
Year Built 2018
Property Type Manufactured Homes
Ownership Type Individual
APN 008-176-60
Municipality 2 0
School District Churchill County School District
2740 Highland DrFallon, NV 89406
Estimated Value $386,000
Living Area 1,916 SqFt
Beds 3
Baths 2
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 010-351-17
Subdivision Country Club Estates
School District Churchill County School District
80 N Laverne StFallon, NV 89406
Estimated Value $282,000
Living Area 1,316 SqFt
Beds 3
Baths 2
Year Built 1976
Property Type Single Family
Ownership Type Related
APN 001-123-05
Subdivision Ww Williams Tract
School District Churchill County School District
1040 Gary LnFallon, NV 89406
Estimated Value $284,000
Living Area 1,464 SqFt
Beds 3
Baths 1
Year Built 1979
Property Type Single Family
Ownership Type Individual
APN 001-364-10
Subdivision Concord Meadows
School District Churchill County School District
4740 Alcorn RdFallon, NV 89406
Estimated Value $282,000
Living Area 2,143 SqFt
Beds 2
Baths 1
Year Built 1954
Property Type Single Family
Ownership Type Individual
APN 008-511-51
Subdivision M&B
School District Churchill County School District
1640 Golden Park WayFallon, NV 89406
Estimated Value $603,000
Living Area 2,289 SqFt
Beds 3
Baths 2
Year Built 1999
Property Type Single Family
Ownership Type Multiple
APN 008-322-79
Subdivision Edward C And Louie Venturacci
School District Churchill County School District
1040 Liberty AveFallon, NV 89406
Estimated Value $277,000
Living Area 1,332 SqFt
Beds 3
Baths 2
Year Built 1973
Property Type Single Family
Ownership Type Related
APN 001-333-18
Subdivision Childers Estates #3a
School District Churchill County School District
3820 Alcorn RdFallon, NV 89406
Estimated Value $279,000
Living Area 1,426 SqFt
Beds 3
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 008-431-15
Municipality 2 0
School District Churchill County School District
900 Mckay CtFallon, NV 89406
Estimated Value $296,000
Living Area 1,732 SqFt
Beds 4
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 001-294-01
Subdivision Childers Estates #1a
School District Churchill County School District
394 Dianna WayFallon, NV 89406
Estimated Value $327,000
Living Area 1,420 SqFt
Beds 3
Baths 2
Year Built 1995
Property Type Single Family
Ownership Type Individual
APN 001-791-21
Subdivision Fields Landing #5c
School District Churchill County School District
760 W 5th StFallon, NV 89406
Estimated Value $319,000
Living Area 1,397 SqFt
Beds 3
Baths 2
Year Built 1964
Property Type Single Family
Ownership Type Related
APN 001-351-01
Subdivision Mori #2
School District Churchill County School District
330 W Fairview StFallon, NV 89406
Estimated Value $260,000
Living Area 1,721 SqFt
Beds 3
Baths 2
Year Built 1946
Property Type Single Family
Ownership Type Individual
APN 001-511-06
Subdivision Verplank Estate
School District Churchill County School District
2197 Sabrinas WayFallon, NV 89406
Estimated Value $591,000
Living Area 2,114 SqFt
Beds 3
Baths 2
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 008-812-11
Subdivision Map For Clyde S Smart Jr
School District Churchill County School District
4320 Cardinal DrFallon, NV 89406
Estimated Value $545,000
Living Area 2,513 SqFt
Beds 4
Baths 2
Year Built 2010
Property Type Single Family
Ownership Type Multiple
APN 008-283-25
Subdivision Hawk Properties
School District Churchill County School District