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All market snapshots / 89406

Fallon, NV 89406 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Fallon, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3535PendingPending sales: 55
Fallon, NV: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $385k$385kSoldMedian sold price (last 6 months): $385k$385k
What homes actually sell for in Fallon, NV
Distribution of 185 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $470k
$110k to $173k: 10 sales$110k$173k to $236k: 12 sales$236k to $299k: 12 sales$236k$299k to $362k: 32 sales$362k to $426k: 39 sales39sales$362k$426k to $489k: 32 sales$489k to $552k: 19 sales$489k$552k to $615k: 9 salesMedian $385k

What the numbers say

As of October 5, 2026, Resideline is tracking 35 active listings and 5 pending sales in ZIP code 89406. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $385,000, while the median of the 185 closed sales Resideline tracked over the last six months was $385,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 89406 for 84 days.

Frequently asked questions

What is the median home price in 89406?

The median closed sale price in Fallon, NV 89406 was $385,000 over the last six months, based on 185 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $470,000.

Is 89406 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 35 active listings in 89406, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 89406 currently looks like a balanced market.

Nearby ZIP code market data

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