Fallon, NV Real Estate
According to census data in the year 2000 there were 3,283 housing units in Fallon.
This represents a 18.8% growth from 2,763 in 1990.
Of those housing units, 3,269 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.
Homeownership rate in Fallon is about 44.1%.
Fallon's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Fallon were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 20% |
| Two Bedrooms | 32.70% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 6.50% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $96,000 |
| Median Price asked for vacant units | $83,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $584 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 60.30% |
| Debt Free | 26% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
