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
Candee Ln2274$456,9552,890 Sq.Ft.6/7/2024Cardinal Dr842$524,4292,615 Sq.Ft.9/28/2020Carol Dr1232$371,3331,683 Sq.Ft.4/14/2025Carr Ln1352$301,7272,421 Sq.Ft.10/31/2024Carroll Smt1N/AN/AN/AN/AN/ACarson Hwy8083$356,0383,165 Sq.Ft.4/29/2025Carson River Dr3332$572,1212,516 Sq.Ft.9/17/2024Carson St2153$329,4002,862 Sq.Ft.4/24/2022Casey Rd7172$433,1693,014 Sq.Ft.5/9/2025Cattle & Settlement Rds1N/AN/AN/AN/AN/ACedar Dr1732$412,5292,405 Sq.Ft.8/13/2019Center St7053$328,3272,898 Sq.Ft.11/15/2024Chama Cir542$650,0003,459 Sq.Ft.6/1/2023Charlys Way732$358,4291,980 Sq.Ft.8/21/2019Cheetah Ct432$388,7501,516 Sq.Ft.12/8/2021Chelcie St1032$328,8001,276 Sq.Ft.8/16/2024Cherry Ln932$451,2502,478 Sq.Ft.10/29/2024Christie Cir3032$447,6332,080 Sq.Ft.4/28/2025Christine Way2031$290,6501,105 Sq.Ft.11/13/2024Chumley Dr1332$392,4621,862 Sq.Ft.8/29/2024Churchill St2232$315,0481,810 Sq.Ft.2/14/2025Cicada St2132$457,1431,868 Sq.Ft.2/13/2024Cimarron Rd732$493,0002,165 Sq.Ft.12/13/2024Cin Ber Ln842$360,4291,697 Sq.Ft.8/2/2024Cindy Ln1632$340,7501,577 Sq.Ft.3/27/2025Cirac - Stillwater24N/AN/A$422,167400 Sq.Ft.7/1/2020C J Dr13282$311,6152,201 Sq.Ft.11/15/2024Clark Ln932$282,5561,663 Sq.Ft.3/24/2025Classic Way1072$312,7502,101 Sq.Ft.7/28/2023Claudias Way9102$297,1111,925 Sq.Ft.4/25/2025Clearview Ct532$433,6001,953 Sq.Ft.2/26/2024Cleveland St2951$274,4141,307 Sq.Ft.6/2/2025Cloverdale Way442$368,7501,612 Sq.Ft.8/10/2018Clover Dr5232$543,7503,389 Sq.Ft.6/6/2022Clyde Ct242$256,0001,792 Sq.Ft.3/21/2023Clyde Jr Rd353$463,0002,891 Sq.Ft.N/ACody Rd2072$380,0003,003 Sq.Ft.2/5/2024Coleman Rd2032$480,7652,606 Sq.Ft.5/29/2021Colorado Ln5832$671,2591,722 Sq.Ft.4/2/2025Commercial Way2N/AN/AN/A34,555 Sq.Ft.8/15/2016Concord Ave1132$319,4551,455 Sq.Ft.6/4/2025Conifer Dr1932$485,0001,799 Sq.Ft.10/31/2024Conrad Pl997$589,4292,992 Sq.Ft.3/4/2025Copperwood Dr1232$551,2502,326 Sq.Ft.6/12/2023Coral Dr1142$470,3002,011 Sq.Ft.6/26/2023Cora Way2132$322,7621,386 Sq.Ft.9/30/2024Corkill Ln1442$531,8004,758 Sq.Ft.1/7/2019Corner Of Stillwater & Swope1N/AN/AN/AN/AN/ACornerstone Ct1142$552,4552,199 Sq.Ft.12/2/2024Cottonwood Dr1N/AN/AN/AN/AN/ACountry Club Dr1832$447,4002,370 Sq.Ft.7/17/2024Country River Dr1532$549,6672,284 Sq.Ft.5/19/2025County Rd2N/AN/AN/AN/AN/ACourtney Marie Ln2232$396,4551,604 Sq.Ft.4/3/2024Court St2831$301,8751,833 Sq.Ft.8/26/2024Cow Canyon Rd832$509,0001,996 Sq.Ft.5/6/2024Cox Rd3892$424,6473,359 Sq.Ft.1/9/2025Cress Pl343$1,052,0004,712 Sq.Ft.10/23/2024Crook Rd3142$489,0004,389 Sq.Ft.7/31/2024Crystal Ct832$418,3751,638 Sq.Ft.10/14/2022Curry Rd52103$431,3492,300 Sq.Ft.7/3/2023Cushman Rd20142$394,1112,862 Sq.Ft.5/30/2024Dalila St7222$328,0002,049 Sq.Ft.11/25/2020Dallas Dr6442$361,9021,796 Sq.Ft.5/28/2025Dalton St1064$377,4442,494 Sq.Ft.1/9/2025Dani St2232$439,9551,869 Sq.Ft.4/8/2025Davis Ln2282$421,8642,057 Sq.Ft.4/24/2025Dean Ln15262$363,4672,322 Sq.Ft.4/17/2024Deena Way2732$378,8521,820 Sq.Ft.4/9/2025Deer Creek Cir733$484,7506,797 Sq.Ft.2/13/2023Deerfield Dr1253$387,7002,107 Sq.Ft.12/23/2024Deer Trl732$533,5712,235 Sq.Ft.3/3/2025Della Cir1962$339,0561,920 Sq.Ft.4/22/2025Del Rio Dr633$520,0003,753 Sq.Ft.2/16/2018Dempsey Ln2N/AN/AN/AN/AN/ADepp Rd1143$475,3334,351 Sq.Ft.8/28/2023Desatoya Ln832$422,0001,605 Sq.Ft.5/31/2024Desert Hills Loop2263$347,3642,182 Sq.Ft.4/11/2024Desert Mining District2N/AN/AN/AN/A2/28/2013Desert Springs Ct61210$556,6672,602 Sq.Ft.10/27/2020Desert View Dr622$441,6002,346 Sq.Ft.6/8/2009Dianna Way1632$359,3131,433 Sq.Ft.3/13/2025Dillon Rd3052$390,8641,787 Sq.Ft.4/28/2025Discovery Dr2632$357,6804,561 Sq.Ft.4/2/2024Ditch House Lane End Of1N/AN/AN/AN/AN/ADitch House Ln1672$425,0002,675 Sq.Ft.2/12/2025Ditch House Site1N/AN/AN/A1,308 Sq.Ft.N/ADixie Dr332$381,6671,463 Sq.Ft.4/10/2013Dixie Mining District4N/AN/AN/AN/AN/ADixie Valley Rd4N/AN/AN/AN/AN/ADixie Vly6N/AN/AN/AN/AN/ADodge Ln6106$352,50024,402 Sq.Ft.N/ADodgion Ln1332$358,0001,894 Sq.Ft.10/9/2024Dolores Ln1132$317,1821,398 Sq.Ft.2/3/2025Dorral Way8N/AN/AN/A11,940 Sq.Ft.11/14/2023Douglas St2542$303,4781,813 Sq.Ft.9/9/2024Downs Ln1752$459,4673,645 Sq.Ft.12/19/2023Draper Way643$548,2002,775 Sq.Ft.5/23/2011Driftwood Ln1042$630,7002,478 Sq.Ft.5/7/2025Drumm Ln6242$441,0002,764 Sq.Ft.4/3/20251021 Mark AveFallon, NV 89406
Estimated Value $287,000
Living Area 1,104 SqFt
Beds 3
Baths 1
Year Built 1986
Property Type Single Family
Ownership Type Multiple
APN 001-493-19
Subdivision Churchill Meadows
School District Churchill County School District
506 Colorado LnFallon, NV 89406
Estimated Value $467,000
Living Area 2,434 SqFt
Beds 4
Baths 3
Year Built 2005
Property Type Single Family
Ownership Type Trust
APN 001-793-81
Subdivision Meadow Valley #11
School District Churchill County School District
3300 Rice RdFallon, NV 89406
Estimated Value $309,000
Living Area 1,368 SqFt
Beds 3
Baths 2
Year Built 1979
Property Type Manufactured Homes
Ownership Type Multiple
APN 008-241-20
Subdivision M&B
School District Churchill County School District
734 Sunrise TerFallon, NV 89406
Estimated Value $430,000
Living Area 3,284 SqFt
Beds 3
Baths 2
Year Built 2002
Property Type Single Family
Ownership Type Multiple
APN 008-314-47
Subdivision Edward C And Louie Venturacci
School District Churchill County School District
310 W Center StFallon, NV 89406
Estimated Value $244,000
Living Area 864 SqFt
Beds 3
Baths 1
Year Built 1943
Property Type Single Family
Ownership Type Trust
APN 001-535-05
Subdivision Ww Williams Tract
School District Churchill County School District
2614 Elizabeth PkwyFallon, NV 89406
Estimated Value $339,000
Living Area 1,356 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Individual
APN 010-592-25
Subdivision Sand Creek #1
School District Churchill County School District
2180 Blues CtFallon, NV 89406
Estimated Value $557,000
Living Area 3,168 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Individual
APN 008-252-45
Subdivision Parcel Map For Josh & Kim Schneider
School District Churchill County School District
3052 Pflum LnFallon, NV 89406
Estimated Value $563,000
Living Area 2,200 SqFt
Beds 3
Baths 1
Year Built 2016
Property Type Single Family
Ownership Type Related
APN 006-331-67
Subdivision M&B
School District Churchill County School District
2770 Carol DrFallon, NV 89406
Estimated Value $380,000
Living Area 1,633 SqFt
Beds 4
Baths 2
Year Built 1999
Property Type Single Family
Ownership Type Individual
APN 010-581-91
Subdivision Pine Grove #4
School District Churchill County School District
1156 Tamarack CtFallon, NV 89406
Estimated Value $410,000
Living Area 1,826 SqFt
Beds 4
Baths 2
Year Built 2023
Property Type Single Family
Ownership Type Corporate
APN 001-802-44
Subdivision Northgate Sub Unit #2
School District Churchill County School District
1668 Soda Lake RdFallon, NV 89406
Estimated Value $476,000
Living Area 3,116 SqFt
Beds 56
Baths 2.5
Year Built 2006
Property Type Manufactured Homes
Ownership Type Related
APN 008-211-77
Municipality 2 0
School District Churchill County School District
1425 Soda Lake RdFallon, NV 89406
Estimated Value $482,000
Living Area 3,080 SqFt
Beds 3
Baths 2.5
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 008-191-10
Municipality 2 0
School District Churchill County School District
860 Sunset DrFallon, NV 89406
Estimated Value $208,000
Living Area 1,008 SqFt
Beds 2
Baths 1
Year Built 1978
Property Type Single Family
Ownership Type Related
APN 001-345-07
Subdivision Childers Estates #3b
School District Churchill County School District
230 Whitaker LnFallon, NV 89406
Estimated Value $332,000
Living Area 1,402 SqFt
Beds 3
Baths 2
Year Built 1992
Property Type Single Family
Ownership Type Individual
APN 001-241-22
Municipality 1 0
School District Churchill County School District
147 S Ada StFallon, NV 89406
Estimated Value $220,000
Living Area 672 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Multiple
APN 001-536-09
Subdivision Ww Williams Tract
School District Churchill County School District
839 Kinsli StFallon, NV 89406
Estimated Value $397,000
Living Area 1,601 SqFt
Beds 3
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 001-795-42
Subdivision Meadow Valley #13
School District Churchill County School District