Investor-grade market analytics for Fallon, Nevada. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$394,918
+2.8% year-over-year
4.8%
gross annual
+2.8%
base case (Zillow ZHVF)
+2.8% year-over-year
25/100
LowNet migration: Top 30% nationally
In-migrants avg $64,616 AGI vs out-migrants $54,110
Opportunity Zone Market
1 ZIP codes in Fallon are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Fallon, NV shows steady growth at 2.8% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability is moderately stretched with a price-to-income ratio of 5.39x, above the national average of 4.8x. Modest net positive migration (+92 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.8% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Fallon, NV's primary climate exposure is flooding (25/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.