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
D St1853$405,7062,553 Sq.Ft.10/4/2024Duane Dr1642$362,4381,845 Sq.Ft.9/28/2021Duffy Rd2232$273,8002,700 Sq.Ft.6/5/2025Dundee Ln7109$361,0002,312 Sq.Ft.1/27/2016Dun Movin Way14172$289,600800 Sq.Ft.6/2/2025Eagle Rock Rd2432$374,9581,615 Sq.Ft.3/28/2025Earthquake Fault Rd1N/AN/AN/A400 Sq.Ft.N/AEast St2142$322,1432,088 Sq.Ft.9/27/2023E Court St1N/AN/AN/AN/AN/AEdgewater Ln442$572,0003,432 Sq.Ft.6/26/2020Edwards Lane End Of1N/AN/AN/AN/AN/AEdwards Ln4484$463,7502,323 Sq.Ft.7/30/2024Eider Cir3542$366,5001,471 Sq.Ft.3/16/2023Elizabeth Pkwy3332$392,5001,717 Sq.Ft.3/8/2024Elk Horn Way1232$395,6671,637 Sq.Ft.4/22/2023Elm Dr1452$302,8571,356 Sq.Ft.10/2/2023Enterprise Way4N/AN/AN/A980 Sq.Ft.12/26/2012Equestrian Dr1172$435,3002,580 Sq.Ft.3/28/2024Equinox Ln832$417,3752,708 Sq.Ft.4/13/2022Erins Way6266$346,8332,886 Sq.Ft.3/21/2025Ernst Dr1772$400,4711,940 Sq.Ft.4/2/2024Esmeralda St2932$261,5191,813 Sq.Ft.6/2/2025Eugene Way332$570,6672,507 Sq.Ft.6/2/2021Fairview Mining District90N/AN/AN/AN/A1/15/2014Fairview St3132$305,5481,525 Sq.Ft.5/22/2025Falcon Dr1342$538,3082,779 Sq.Ft.1/4/2024Farmer Way432$362,6671,722 Sq.Ft.N/AFerguson St1742$312,2941,598 Sq.Ft.3/21/2025Fireball Ridge Mining District2N/AN/AN/AN/AN/AFischer Pl1273$556,0003,566 Sq.Ft.5/27/2025Fisherman Rd1243$301,5002,846 Sq.Ft.10/29/2024Fitz Ln832$465,4003,469 Sq.Ft.4/21/2021Flying K Ranch Ln453$461,00021,588 Sq.Ft.9/21/2022Franklin St1642$323,4381,334 Sq.Ft.2/5/2025Freeman Ln632$458,4003,059 Sq.Ft.10/10/2024Freeport Cir6N/AN/AN/A3,533 Sq.Ft.10/16/2014Freeway W Frontage Rd1N/AN/AN/AN/AN/AFrenchmans Sta1N/AN/AN/AN/AN/AFront St6953$323,8312,038 Sq.Ft.4/23/2025Fulkerson Rd2462$369,4782,880 Sq.Ft.2/24/2025Gallo Way232$466,5002,603 Sq.Ft.4/15/2019Gary Ln1031$320,7001,365 Sq.Ft.7/6/2024Genova Ct432$440,5001,754 Sq.Ft.11/3/2020Getto Cir632$513,3332,604 Sq.Ft.6/27/2022Glacier Dr4N/AN/AN/A4,895 Sq.Ft.9/16/2019Gladys Dr321$300,0001,177 Sq.Ft.6/2/2014Gloria Way121$311,0001,461 Sq.Ft.N/AGolden Cir8N/AN/AN/A6,864 Sq.Ft.6/4/2018Goldeneye Dr2032$323,5501,244 Sq.Ft.3/28/2024Golden Park Way4132$556,0252,401 Sq.Ft.6/5/2025Graeagle Dr453$620,5002,612 Sq.Ft.6/16/2023Grand Ave10N/AN/AN/A14,808 Sq.Ft.4/18/2025Graystoke Cir432$373,2501,605 Sq.Ft.11/6/2024Great Basin Ln11432$937,8861,584 Sq.Ft.6/6/2025Greenleaf Ln422$391,0002,691 Sq.Ft.1/26/2023Green Valley Dr3132$502,6332,112 Sq.Ft.4/29/2024Greenwave Cir1N/AN/AN/A307,680 Sq.Ft.N/AGrimes St13158$332,2004,517 Sq.Ft.4/22/2022Gummow Dr6262$377,8824,661 Sq.Ft.12/26/2024Gwinn Marie Ct342$346,0001,596 Sq.Ft.11/29/2023Hacienda Dr232$743,5002,645 Sq.Ft.2/19/2025Hammond Dr532$638,2503,818 Sq.Ft.8/15/2011Hanifan Way233$454,0003,309 Sq.Ft.N/AHarmon Rd3197$498,5003,026 Sq.Ft.6/2/2025Harmon Rd Off1N/AN/AN/AN/AN/AHarold Ct1032$321,4001,323 Sq.Ft.11/6/2023Harrigan Rd9952$435,5753,260 Sq.Ft.3/25/2025Harrigan/Stillwater1N/AN/AN/AN/AN/AHarvey Dr2492$449,0831,843 Sq.Ft.1/27/2025Hawk Dr6332$452,4291,878 Sq.Ft.4/29/2024Hayden Ln232$1,008,5002,091 Sq.Ft.8/25/2016Heidi Rd2952$487,3452,304 Sq.Ft.8/19/2024Helens Way25132$349,0802,560 Sq.Ft.3/14/2023Henley Ct832$326,8751,390 Sq.Ft.6/7/2024Heron Ln1532$383,8671,618 Sq.Ft.3/6/2025Hettinger Pl532$530,4004,854 Sq.Ft.1/31/2024Hiatt Loop12232$412,6672,711 Sq.Ft.6/5/2025Highland Dr2332$418,5652,073 Sq.Ft.4/14/2025Highway 722322$373,5003,799 Sq.Ft.3/22/2017Hillsboro Blvd34104$417,8482,635 Sq.Ft.4/4/2024Hiskett Ln9122$369,6672,189 Sq.Ft.6/2/2025Hollyhock Cir432$521,7502,007 Sq.Ft.4/14/2023Home Station Vw1N/AN/A$290,000900 Sq.Ft.6/13/2024Honker Lane End Of1N/AN/AN/AN/AN/AHonker Ln1232$299,7501,953 Sq.Ft.9/19/2023Hooper Pl1242$539,1672,783 Sq.Ft.4/15/2025Hoover Dr1632$180,5831,550 Sq.Ft.6/19/2024Hornby Rd932$298,4442,196 Sq.Ft.6/3/2024Horseshoe Dr101912$569,8752,460 Sq.Ft.2/25/2025House Ln1N/AN/AN/AN/A1/31/2014Howard Pl1732$346,6251,815 Sq.Ft.7/12/2023Huck Salt Rd2N/AN/AN/AN/AN/AHumboldt St4242$303,6221,717 Sq.Ft.5/8/2025Humboldt St & 720 Humboldt St1N/AN/A$254,000N/AN/AHunter Park Way4332$516,0002,155 Sq.Ft.6/2/2025Hunter Rd142$1,219,0001,448 Sq.Ft.N/AIndian Lakes Rd3362$554,5503,520 Sq.Ft.10/20/2023Indigo Dr122$391,0001,720 Sq.Ft.N/AIndustrial Way16N/AN/A$358,0004,978 Sq.Ft.8/11/2023Interstate 80 Fwy2N/AN/AN/AN/AN/A4170 Hawk DrFallon, NV 89406
Estimated Value $439,000
Living Area 3,300 SqFt
Beds 3
Baths 2
Year Built 1997
Property Type Single Family
Ownership Type Individual
APN 008-281-24
Municipality 2 0
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
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
345 S Russell StFallon, NV 89406
Estimated Value $356,000
Living Area 3,348 SqFt
Beds 6
Baths 4
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 001-414-09
Subdivision Ww Williams Tract
School District Churchill County School District
780 Sunset DrFallon, NV 89406
Estimated Value $369,000
Living Area 1,776 SqFt
Beds 3
Baths 2
Year Built 1993
Property Type Single Family
Ownership Type Trust
APN 001-454-14
Subdivision Mills Moor Park #4
School District Churchill County School District
308 Dianna WayFallon, NV 89406
Estimated Value $335,000
Living Area 1,420 SqFt
Beds 3
Baths 2
Year Built 1995
Property Type Single Family
Ownership Type Corporate
APN 001-791-24
Subdivision Fields Landing #5c
School District Churchill County School District
4387 Rancheria RdFallon, NV 89406
Estimated Value $548,000
Living Area 2,151 SqFt
Beds 4
Baths 3
Year Built 2004
Property Type Single Family
Ownership Type Related
APN 008-122-31
Subdivision M&B
School District Churchill County School District
480 S Russell StFallon, NV 89406
Estimated Value $257,000
Living Area 1,022 SqFt
Beds 2
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Multiple
APN 001-423-05
Subdivision Mori Addition
School District Churchill County School District
1100 Whitaker LnFallon, NV 89406
Estimated Value $743,000
Living Area 3,557 SqFt
Beds 4
Baths 2.5
Year Built 1958
Property Type Single Family
Ownership Type Related
APN 001-871-01
Subdivision Bruce Berrington
School District Churchill County School District
380 S Bailey StFallon, NV 89406
Estimated Value $308,000
Living Area 2,121 SqFt
Beds 5
Baths 3
Year Built 1952
Property Type Single Family
Ownership Type Trust
APN 001-411-05
Subdivision Mori Addition
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
5616 Sheckler RdFallon, NV 89406
Estimated Value $1,065,000
Living Area 5,984 SqFt
Beds 4
Baths 2.5
Year Built 2005
Property Type Agricultural / Rural
Ownership Type Related
APN 008-671-27
Municipality 2 0
School District Churchill County School District
2022 Christie CirFallon, NV 89406
Estimated Value $555,000
Living Area 2,720 SqFt
Beds 3
Baths 2
Year Built 1994
Property Type Single Family
Ownership Type Individual
APN 008-831-31
Subdivision Map For Michacl A And Claudia Casey Reco
School District Churchill County School District
891 N Taylor StFallon, NV 89406
Estimated Value $385,000
Living Area 1,685 SqFt
Beds 3
Baths 2
Year Built 2006
Property Type Single Family
Ownership Type Related
APN 001-793-38
Subdivision Fields Landing #8
School District Churchill County School District
2120 Soda Lake RdFallon, NV 89406
Estimated Value $368,000
Living Area 1,716 SqFt
Beds 3
Baths 2
Year Built 1992
Property Type Manufactured Homes
Ownership Type Multiple
APN 008-121-47
Subdivision Standard Land
School District Churchill County School District
2120 Christie CirFallon, NV 89406
Estimated Value $421,000
Living Area 1,556 SqFt
Beds 3
Baths 2
Year Built 1993
Property Type Single Family
Ownership Type Related
APN 008-831-56
Subdivision P266455
School District Churchill County School District