The Fallon housing market posted strong numbers in August 2026. The median sale price rose 12.5% year-over-year to $450,000, with 27 homes sold — a 58.8% jump in sales volume. Inventory remains tight at 1.9 months of supply, down 54.8% from last year. Homes are going under contract in a median of 17 days, and 26% of sales closed above asking price. Sellers received 96.9% of their list price on average. Total transaction volume reached $12.9M.
Key Metrics
September 2026 at a Glance
Median Price
$450K
▲ +12.5% YoY
Closed Sales
27
▲ +58.8% YoY
Days to Contract
17
▼ -54.1% YoY
Months Supply
1.9
▼ -54.8% YoY
List Price Recv'd
96.9%
▼ -0.7% YoY
Trends
12-Month History
Median Price
Closed Sales
Days to Contract
Price per Sq Ft
List-to-Sale Price Ratio
Months Supply
Active Inventory
New Listings
Negotiations
Over/Under Asking
26%
19%
56%
Over Asking: 26% At Asking: 19% Under Asking: 56%
39% of listings had price reductions (median reduction: $25,000). 6.9% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
8
29.6% of sales
Median: $320,000
$400-600K
14
51.9% of sales
Median: $465,000
$600-800K
4
14.8% of sales
Median: $665,000
$800K-1M
0
0% of sales
$1M+
1
3.7% of sales
Median: $1,377,000
Affordability
What It Costs
Est. Monthly Payment
$2,325
+15% from last year
Income Needed
$99,643
At 28% debt-to-income
With 20% Down
$90,000
On $450,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Fallon median of $129,900 in 2015 would be worth approximately $405,000 today — a 211.8% increase.
Fallon's median home price just hit $450K — up 12.5% from last year. Homes are moving in 17 days and 26% sold over asking price. With just 1.9 months of inventory, this market is competitive. Thinking about your next move? Let's talk.
Hey! Fallon homes are up 12.5% to $450K and selling in just 17 days. Want to know what yours is worth?
The Fallon housing market posted strong numbers in August 2026. The median sale price rose 12.5% year-over-year to $450,000, with 27 homes sold — a 58.8% jump in sales volume. Inventory remains tight at 1.9 months of supply, down 54.8% from last year. Homes are going under contract in a median of 17 days, and 26% of sales closed above asking price. Sellers received 96.9% of their list price on average. Total transaction volume reached $12.9M.
