The Fallon housing market showed shifting conditions in May 2026. The median sale price fell 10% year-over-year to $369,000, with 24 homes sold. Inventory remains tight at 1.9 months of supply, down 67.2% from last year. Homes are going under contract in a median of 62 days, and 46% of sales closed above asking price. Sellers received 99.5% of their list price on average. Total transaction volume reached $9.5M.
Key Metrics
June 2026 at a Glance
Median Price
$369K
▼ -10% YoY
Closed Sales
24
▲ +0% YoY
Days to Contract
62
▲ +8.8% YoY
Months Supply
1.9
▼ -67.2% YoY
List Price Recv'd
99.5%
▼ -7.1% 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
46%
25%
29%
Over Asking: 46% At Asking: 25% Under Asking: 29%
36% of listings had price reductions (median reduction: $19,550). 0% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
15
62.5% of sales
Median: $332,000
$400-600K
8
33.3% of sales
Median: $495,000
$600-800K
1
4.2% of sales
Median: $700,000
$800K-1M
0
0% of sales
$1M+
0
0% of sales
Affordability
What It Costs
Est. Monthly Payment
$1,860
-13.1% from last year
Income Needed
$79,714
At 28% debt-to-income
With 20% Down
$73,800
On $369,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Fallon median of $129,900 in 2015 would be worth approximately $385,000 today — a 196.4% increase.
Fallon's median home price is $369K, adjusted 10% from last year. 24 homes closed last month with a median of 62 days to contract. Sellers received 99.5% of list price on average. Whether you're buying or selling, I can help you navigate this market.
Hey! Fallon's median is at $369K with 1.9 months of supply — could be a good time to look. Want me to send you some options?
The Fallon housing market showed shifting conditions in May 2026. The median sale price fell 10% year-over-year to $369,000, with 24 homes sold. Inventory remains tight at 1.9 months of supply, down 67.2% from last year. Homes are going under contract in a median of 62 days, and 46% of sales closed above asking price. Sellers received 99.5% of their list price on average. Total transaction volume reached $9.5M.
