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
Moody Ln3042$437,2732,370 Sq.Ft.4/14/2025Morina Dr431$284,7501,595 Sq.Ft.1/12/2023Mount View Dr1432$450,6152,577 Sq.Ft.4/22/2025Mulberry St2N/AN/AN/AN/AN/AMustang Rd14N/AN/A$196,500266 Sq.Ft.11/25/2024Nadine Dr2131$300,7621,260 Sq.Ft.6/24/2022Nevada City Rd10282$298,1001,697 Sq.Ft.6/25/2024Nevada St3332$297,7731,776 Sq.Ft.2/21/2025New Pass Area1N/AN/AN/AN/AN/ANewpass Mining District1N/AN/AN/AN/AN/ANew River Pkwy16N/AN/AN/A12,932 Sq.Ft.6/4/2024Nicole Cir11182$294,0911,558 Sq.Ft.10/31/2023N Maine St1N/AN/AN/AN/AN/ANobs Ranch Rd1N/AN/A$210,000N/A3/29/2024Noel Ln2832$422,7861,807 Sq.Ft.12/18/2024Nola St1632$379,5631,604 Sq.Ft.10/15/2024Norcutt Ln1162$333,8332,174 Sq.Ft.3/28/2025Northview Dr1132$487,6362,650 Sq.Ft.9/27/2022Nubian Way31221$460,6673,558 Sq.Ft.5/27/2020Oakwood Cir343$692,0003,360 Sq.Ft.5/20/2021Ofc Allen Rd1N/AN/AN/AN/AN/AOfc Norcutt Lane1N/AN/AN/AN/AN/AOfc Powerline Rd1N/AN/AN/AN/A1/23/2017Ofc St1N/AN/AN/AN/AN/AOff Macari1N/AN/AN/AN/AN/AOf Lahontan22N/AN/A$277,000N/A8/3/2020Old Hwy5N/AN/AN/A51,346 Sq.Ft.6/6/2016Old River Rd2832$411,3702,380 Sq.Ft.9/27/2024Olive Way632$450,5001,826 Sq.Ft.4/3/2024Onda Verde Dr2032$418,2001,733 Sq.Ft.4/28/2025Oran Rd1273$619,7502,951 Sq.Ft.4/25/2024Paiute Dr4N/AN/A$341,0002,300 Sq.Ft.4/7/2014Pams Pl1282$372,1672,347 Sq.Ft.5/10/2025Park St2642$281,3752,270 Sq.Ft.6/2/2025Pasture Rd3592$382,3812,541 Sq.Ft.3/28/2025Pattie Dr1582$328,0001,781 Sq.Ft.8/17/2022Paul Pl532$398,4002,120 Sq.Ft.9/21/2023Paver Dr1N/AN/AN/AN/A10/10/2023Peaceful Way73014$455,0003,023 Sq.Ft.11/26/2024Peach Tree Rd932$316,6671,811 Sq.Ft.4/4/2024Pelican Dr2642$520,1152,206 Sq.Ft.10/10/2024Penelope Dr732$531,7142,449 Sq.Ft.2/3/2021Peraldo Ln154$1,494,0006,918 Sq.Ft.N/APerazzo Ln1462$497,7502,496 Sq.Ft.12/22/2021Pflum Ln1232$612,7503,159 Sq.Ft.4/16/2024Pheasant Dr1032$352,9001,471 Sq.Ft.7/23/2024Phelps Ln1532$429,4002,258 Sq.Ft.3/12/2025Phritzie Ln1432$384,0002,014 Sq.Ft.9/12/2022Pine Rd3232$428,9692,569 Sq.Ft.11/17/2023Pintail Dr1432$382,2861,702 Sq.Ft.11/4/2024Pioneer Way4932$385,7813,271 Sq.Ft.5/22/2025Pitt Rd1N/AN/AN/AN/AN/APole Line Rd1N/AN/AN/AN/AN/APortuguese Ln1731$429,3002,418 Sq.Ft.9/5/2024Potpourri Dr2732$447,7041,886 Sq.Ft.5/21/2025Power Line Rd2N/AN/A$279,0002,898 Sq.Ft.1/31/2025Powerline Rd2473$422,3082,175 Sq.Ft.7/17/2024Primrose Ln732$432,8572,088 Sq.Ft.2/13/2023Purple Sage Ln11N/AN/A$143,000N/A6/2/2025Quail Way985$478,8753,748 Sq.Ft.6/25/2019Quantum Way3N/AN/A$198,000160 Sq.Ft.1/10/2023Quintin Way3N/AN/AN/A4,907 Sq.Ft.6/20/2011Rachel Ct832$373,0001,775 Sq.Ft.10/29/2024Rambling Wind Dr1532$467,2002,025 Sq.Ft.7/26/2022Rancheria Rd3342$659,1562,949 Sq.Ft.3/26/2024Ranchland Way843$646,5002,570 Sq.Ft.1/25/2023Rancho Dr1633$518,6672,790 Sq.Ft.2/22/2024Raven Dr2832$460,7142,009 Sq.Ft.6/26/2024Red Mountain Pl832$736,2863,409 Sq.Ft.5/14/2024Red Rd1832$412,7221,803 Sq.Ft.6/23/2022Redwing Dr342$534,6672,573 Sq.Ft.8/21/2007Reese Way1032$446,0001,712 Sq.Ft.7/20/2024Regan Pl942$471,1252,038 Sq.Ft.5/3/2024Reno Hwy20042$409,6156,454 Sq.Ft.6/2/2025Reservation Rd442$460,3333,256 Sq.Ft.1/31/2014Reservoir Rd1632$433,2501,935 Sq.Ft.5/22/2025Reservoir & Stillwater Rd1N/AN/A$636,000N/AN/ARice Rd16242$448,4352,492 Sq.Ft.5/15/2025Richards St6032$296,0422,116 Sq.Ft.4/7/2025Rio Vista Dr2263$498,3134,649 Sq.Ft.6/25/2024Rivers Edge Dr6533$659,6003,110 Sq.Ft.5/23/2025River View Dr1762$397,6252,331 Sq.Ft.6/19/2024River Village Dr3243$611,2262,969 Sq.Ft.5/28/2025Roberson Ln4493$335,2752,409 Sq.Ft.1/14/2025Roberta Ct1032$302,0001,174 Sq.Ft.8/14/2024Robin Dr1842$484,8892,042 Sq.Ft.9/17/2024Rockwood Pl542$434,00014,535 Sq.Ft.2/26/2024Rocky Rd311$256,000770 Sq.Ft.5/12/2022Rogers Rd18102$524,7652,970 Sq.Ft.4/5/2023Ronald Way1752$513,0002,624 Sq.Ft.10/16/2024Rose Cir144$697,0004,481 Sq.Ft.6/27/2023Roseman Dr242$243,0001,987 Sq.Ft.3/13/2015Rosewood Dr1643$565,9332,485 Sq.Ft.5/14/2024Russell St5932$321,1091,586 Sq.Ft.2/19/2025Ryan Way1142$533,5452,322 Sq.Ft.10/18/2021Sabrinas Way632$509,1672,285 Sq.Ft.12/1/2023Sagehen Creek Rd2N/AN/A$313,000N/A10/13/2005Sage Ln1021$379,1001,832 Sq.Ft.6/1/2020Sagouspi Dm1N/AN/AN/AN/AN/ASagouspi Rd232$322,0001,152 Sq.Ft.3/30/20222740 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
1809 Potpourri DrFallon, NV 89406
Estimated Value $523,000
Living Area 2,157 SqFt
Beds 3
Baths 2.5
Year Built 2007
Property Type Single Family
Ownership Type Individual
APN 008-221-09
Subdivision M&B
School District Churchill County School District
951 Maple WayFallon, NV 89406
Estimated Value $465,000
Living Area 1,921 SqFt
Beds 3
Baths 2
Year Built 2005
Property Type Single Family
Ownership Type Individual
APN 001-801-41
Subdivision Northgate Sub Unit #1
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
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
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
4904 Saint Clair RdFallon, NV 89406
Estimated Value $501,000
Living Area 2,544 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Triplex 3 Units
Ownership Type Related
APN 006-231-07
Subdivision M&B
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
1308 Onda Verde DrFallon, NV 89406
Estimated Value $397,000
Living Area 1,610 SqFt
Beds 3
Baths 2
Year Built 2019
Property Type Single Family
Ownership Type Related
APN 010-604-26
Subdivision Onda Verde Estates #1
School District Churchill County School District
2213 Reese WayFallon, NV 89406
Estimated Value $482,000
Living Area 1,840 SqFt
Beds 3
Baths 2
Year Built 2017
Property Type Single Family
Ownership Type Related
APN 008-081-25
Subdivision M&B
School District Churchill County School District
200 Lewis LnFallon, NV 89406
Estimated Value $490,000
Living Area 1,940 SqFt
Beds 3
Baths 2.5
Year Built 1997
Property Type Single Family
Ownership Type Individual
APN 008-493-54
Municipality 2 0
School District Churchill County School District
1647 Kaiser StFallon, NV 89406
Estimated Value $249,000
Living Area 1,288 SqFt
Beds 3
Baths 2
Year Built 1989
Property Type Single Family
Ownership Type Individual
APN 001-771-01
Subdivision Village Pud
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
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
2998 Bottom RdFallon, NV 89406
Estimated Value $547,000
Living Area 3,589 SqFt
Beds 4
Baths 3
Year Built 1993
Property Type Single Family
Ownership Type Related
APN 010-541-30
Subdivision Thurman Subdivision
School District Churchill County School District
1557 Tamara LnFallon, NV 89406
Estimated Value $425,000
Living Area 2,180 SqFt
Beds 4
Baths 3
Year Built 1978
Property Type Single Family
Ownership Type Related
APN 010-552-10
Subdivision Ponte Estates #2
School District Churchill County School District