Fallon, NV home prices
Typical home $392,104 · +2.8% in a year · income needed $106,300
The Fallon, NV metro area ranks 159 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.8% in a year and +16.6% over five years. With 20% down at 7.11%, the typical home costs about $2,480 a month including 0.53% property tax (Churchill County rate).
Mortgage on the typical Fallon home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $78,421 | $313,683 | $2,110 | $0 | $370 | $2,480 | $106,300 |
| 10% down | $39,210 | $352,894 | $2,374 | $147 | $370 | $2,891 | $123,900 |
| 5% down | $19,605 | $372,499 | $2,506 | $155 | $370 | $3,031 | $129,900 |
| 3.5% down (FHA) | $13,724 | $385,002 | $2,590 | $173 | $370 | $3,134 | $134,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.53% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Fallon area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Churchill County, NV | $392,106 | +2.8% | 0.53% |
What can you afford in Nevada on your salary? · Nevada home prices · Salaries in Nevada
Frequently asked questions
How much is a house in Fallon?
The typical home in the Fallon, NV metro area is worth $392,104 (Zillow, September 2026).
What salary do you need to buy a house in Fallon?
About $106,300 a year for the typical home with 20% down at 7.11%.