Fallon Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Fallon averaged 6.99% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2023-03-09) was 7.02% and one month ago for the week of 2023-02-09, the average rate was 6.31%.

Fallon's average rate one year ago was 4.44%.

For refis of the same type during the week of 2023-03-16, the average rate was 6.63%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Fallon 30 Year Fixed Rate 2023-03-16 6.99%
Fallon 30 Year Fixed Rate Refi 2023-03-16 6.63%
Fallon 15 Year Fixed Rate 2023-03-16 6.32%
Fallon 15 Year Fixed Rate Refi 2023-03-16 6.33%
Fallon 30 Year FHA 2023-03-16 7.19%
Fallon 30 Year FHA Refi 2023-03-16 6.4%
Fallon 30 Year USDA 2023-03-16 6.7%
Fallon 30 Year USDA Refi 2023-03-16 6.12%
Fallon 30 Year VA 2023-03-16 6.34%
Fallon 30 Year VA Refi 2023-03-16 6.29%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fallon, NV.

Fallon Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Fallon, NV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 73 3.03% $5,687
PRIMELENDING, A PLAINSCAPITAL COMPANY 51 3.29% $4,429
SUMMIT FUNDING, INC. 26 3.60% $5,286
GUILD MORTGAGE COMPANY 22 3.23% $5,340
BROKER SOLUTIONS, INC. 19 3.29% $5,071
GREATER NEVADA LLC 17 3.23% $5,761
FINANCE OF AMERICA MORTGAGE LLC 16 3.22% $4,372
Wells Fargo Bank 15 3.51% $2,770
AMERISAVE MORTGAGE CORPORATION 14 3.01% $4,531
NAVY FEDERAL CREDIT UNION 14 3.38% $3,019
LOANDEPOT.COM, LLC 12 3.05% $5,035
CALIBER HOME LOANS, INC. 11 2.94% $3,487
UNITED WHOLESALE MORTGAGE, LLC 8 3.10% $4,527
U.S. Bank 8 3.17% $2,835
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 7 3.23% $4,780
UNITED 7 3.36% $4,855
Mr. Cooper ( Nationstar Mortgage ) 6 3.23% $4,642
PENNYMAC LOAN SERVICES, LLC 6 3.17% $2,294
VAN DYK MORTGAGE CORPORATION 5 3.20% $3,435
JPMorgan Chase Bank 5 3.25% $3,443
NEWREZ LLC 5 3.23% $3,676
FREEDOM MORTGAGE CORPORATION 5 3.20% $2,760
MOVEMENT MORTGAGE, LLC 4 3.35% $5,234
ALL WESTERN MORTGAGE, INC. 4 3.38% $4,648
ISERVE RESIDENTIAL LENDING, LLC 4 3.28% $4,960
MUTUAL OF OMAHA MORTGAGE, INC. 3 3.42% $6,250
Northpointe Bank 3 3.71% $4,168
ACADEMY MORTGAGE CORPORATION 3 3.08% $2,716
Sierra Pacific Mortgage Company, Inc. 3 2.88% $6,210
MOUNTAIN AMERICA 3 2.63% $6,301
PROVIDENT FUNDING ASSOCIATES, L.P. 2 2.69% $2,244
AMERICAN FINANCIAL NETWORK, INC. 2 2.75% $7,996
AXIA FINANCIAL, LLC 2 3.13% $3,140
BAY EQUITY LLC 2 3.00% $4,995
CALCON MUTUAL MORTGAGE LLC 2 3.56% $3,328
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.38% $3,755
FirstBank 2 2.88% $1,868
Flagstar Bank, FSB 2 3.44% $5,605
Gateway First Bank 2 3.25% $2,621
GUARANTEED RATE, INC. 2 3.00% $3,243
HOMEOWNERS FINANCIAL GROUP USA, LLC 2 3.63% $4,499
HOME POINT FINANCIAL CORPORATION 2 3.00% $3,750
Hometown Lenders, Inc. 2 3.12% $4,246
JMAC LENDING, INC. 2 3.50% $3,890
LADERA LENDING, INC. 2 2.94% $4,132
Low VA Rates, LLC 2 3.38% $1,370
Neighborhood Loans, Inc. 2 3.56% $4,288
Northwest Farm Credit Services, FLCA 2 3.38% $4,967
Washington Federal Bank 2 3.13% $5,107
Wolfe Financial, Inc 2 3.19% $5,570
Zions Bancorporation, N.A. 2 2.94% $2,652
NBKC BANK 1 2.99% $4,027
Watermark Capital, Inc. 1 2.63% $3,413
InterContinental Capital Group, Inc 1 2.75% $3,083
North American Savings Bank, F.S.B. 1 3.00% $1,239
INFINITY EQUITY GROUP, INC. 1 2.75% $3,187
ALAMEDA MORTGAGE CORPORATION 1 3.38% $12,588
ONE NEVADA CREDIT UNION 1 3.00% $2,571
GoPrime Mortgage, Inc. 1 2.88% $3,120
PLANET HOME LENDING, LLC 1 2.75% $4,793
PREMIER MORTGAGE RESOURCES, L.L.C. 1 3.63% $4,616
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.50% $3,270
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.88% $3,644
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 2.50% $4,707
CROSSCOUNTRY MORTGAGE, LLC 1 3.38% $5,482
RESIDENTIAL BANCORP. 1 3.00% $4,818
CRESCENT MORTGAGE COMPANY 1 2.99% $1,639
SOFI LENDING CORP. 1 3.88% $6,412
SOVEREIGN LENDING GROUP INCORPORATED 1 3.63% $3,635
STAR ONE CREDIT UNION 1 3.63% $2,634
CELEBRITY HOME LOANS, LLC 1 3.50% $9,577
SUN WEST MORTGAGE COMPANY, INC. 1 3.97% $5,652
TJC Mortgage, Inc. 1 3.25% $4,845
TOP FLITE FINANCIAL, INC. 1 3.88% $13,497
Carrington Mortgage Services, LLC 1 3.13% $5,200
Arvest Bank 1 3.50% $1,624
AmeriHome Mortgage Company, LLC 1 3.13% $3,615
AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.99% $6,733
ZILLOW HOME LOANS, LLC 1 3.00% $1,774
MASON MCDUFFIE MORTGAGE CORPORATION 1 3.37% $2,396
LENDUS, LLC 1 3.37% $3,922
M&T Bank 1 3.25% $6,785
LAKEVIEW LOAN SERVICING, LLC 1 3.50% $2,763
INTERNATIONAL CITY MORTGAGE, INC. 1 3.13% $3,958

Fallon Average Closing Costs & Other Stats

Fallon, NV's 84 lenders originated 1,245 loans during 2021. The total origination value was $302,305,000, with an average loan value of $242,815.

Fallon's average closing costs are $5,649.

The top Fallon lender as defined by loan originations is QUICKEN LOANS, LLC, with 73 loans originated. Their average total fees are $5,687, which is $1,258 higher than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

The lowest fee Fallon lenders (with over 10 loans originated) are Wells Fargo Bank ($2,770), NAVY FEDERAL CREDIT UNION ($3,019), CALIBER HOME LOANS, INC. ($3,487), FINANCE OF AMERICA MORTGAGE LLC ($4,372) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($4,429).

The lowest rate Fallon lenders (with over 10 loans originated) are CALIBER HOME LOANS, INC. (2.94%), AMERISAVE MORTGAGE CORPORATION (3.01%), QUICKEN LOANS, LLC (3.03%), LOANDEPOT.COM, LLC (3.05%) and FINANCE OF AMERICA MORTGAGE LLC (3.22%).

Fallon, NV Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $34,095,000 $33,855,000 -0.7% 11.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $15,860,000 $21,130,000 33.2% 7.0%
FREEDOM MORTGAGE CORPORATION $16,110,000 $16,510,000 2.5% 5.5%
GUILD MORTGAGE COMPANY $13,605,000 $16,445,000 20.9% 5.4%
Mortgage Research Center, LLC $13,765,000 $16,125,000 17.1% 5.3%
SUMMIT FUNDING, INC. $10,490,000 $12,865,000 22.6% 4.3%
BROKER SOLUTIONS, INC. $13,315,000 $11,625,000 -12.7% 3.8%
NAVY FEDERAL CREDIT UNION $12,875,000 $11,175,000 -13.2% 3.7%
PENNYMAC LOAN SERVICES, LLC $5,990,000 $9,355,000 56.2% 3.1%
Wells Fargo Bank $6,445,000 $8,270,000 28.3% 2.7%
LOANDEPOT.COM, LLC $4,925,000 $7,770,000 57.8% 2.6%
GREATER NEVADA LLC $4,320,000 $7,275,000 68.4% 2.4%
FINANCE OF AMERICA MORTGAGE LLC $8,165,000 $6,470,000 -20.8% 2.1%
CALIBER HOME LOANS, INC. $2,195,000 $5,840,000 166.1% 1.9%
AMERISAVE MORTGAGE CORPORATION $3,120,000 $5,135,000 64.6% 1.7%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $4,885,000 $4,380,000 -10.3% 1.4%
U.S. Bank $2,115,000 $4,190,000 98.1% 1.4%
Mr. Cooper ( Nationstar Mortgage ) $2,265,000 $4,045,000 78.6% 1.3%
VAN DYK MORTGAGE CORPORATION $4,870,000 $3,935,000 -19.2% 1.3%
ISERVE RESIDENTIAL LENDING, LLC $3,050,000 $3,850,000 26.2% 1.3%
CLEARPATH LENDING $4,045,000 $3,810,000 -5.8% 1.3%
USAA Federal Savings Bank $3,470,000 $3,055,000 -12.0% 1.0%
ALL WESTERN MORTGAGE, INC. $135,000 $2,925,000 2,066.7% 1.0%
UNITED $1,235,000 $2,860,000 131.6% 0.9%
UNITED WHOLESALE MORTGAGE, LLC $5,105,000 $2,730,000 -46.5% 0.9%
NEWREZ LLC $785,000 $2,440,000 210.8% 0.8%
Northpointe Bank $2,065,000 $2,265,000 9.7% 0.7%
Zions Bancorporation, N.A. $1,725,000 $2,265,000 31.3% 0.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,290,000 $2,245,000 74.0% 0.7%
Wolfe Financial, Inc $4,150,000 $1,980,000 -52.3% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,385,000 $1,765,000 27.4% 0.6%
SUN WEST MORTGAGE COMPANY, INC. $1,730,000 n/a 0.6%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,465,000 $1,685,000 15.0% 0.6%
MOVEMENT MORTGAGE, LLC $1,335,000 $1,525,000 14.2% 0.5%
NBKC BANK $1,425,000 $1,525,000 7.0% 0.5%
CELEBRITY HOME LOANS, LLC $1,510,000 n/a 0.5%
GUARANTEED RATE, INC. $1,020,000 $1,475,000 44.6% 0.5%
Flagstar Bank, FSB $1,195,000 $1,470,000 23.0% 0.5%
MOUNTAIN AMERICA $865,000 $1,465,000 69.4% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $540,000 $1,415,000 162.0% 0.5%
Sierra Pacific Mortgage Company, Inc. $3,060,000 $1,410,000 -53.9% 0.5%
SYNERGY HOME MORTGAGE, LLC $1,265,000 $1,395,000 10.3% 0.5%
Carrington Mortgage Services, LLC $1,700,000 $1,325,000 -22.1% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $1,590,000 $1,260,000 -20.8% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $985,000 $1,145,000 16.2% 0.4%
JPMorgan Chase Bank $455,000 $1,070,000 135.2% 0.4%
PLANET HOME LENDING, LLC $715,000 $1,060,000 48.3% 0.4%
The Federal Savings Bank $3,450,000 $1,040,000 -69.9% 0.3%
CALCON MUTUAL MORTGAGE LLC $500,000 $1,020,000 104.0% 0.3%
FirstBank $165,000 $1,005,000 509.1% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $115,000 $1,000,000 769.6% 0.3%
ACADEMY MORTGAGE CORPORATION $960,000 n/a 0.3%
North American Savings Bank, F.S.B. $915,000 $950,000 3.8% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $1,505,000 $950,000 -36.9% 0.3%
HOME POINT FINANCIAL CORPORATION $925,000 n/a 0.3%
AXIA FINANCIAL, LLC $2,005,000 $920,000 -54.1% 0.3%
Hometown Lenders, Inc. $245,000 $890,000 263.3% 0.3%
NEW DAY FINANCIAL, LLC $1,230,000 $875,000 -28.9% 0.3%
InterContinental Capital Group, Inc $500,000 $845,000 69.0% 0.3%
Neighborhood Loans, Inc. $810,000 n/a 0.3%
Washington Federal Bank $635,000 $805,000 26.8% 0.3%
KS StateBank $730,000 n/a 0.2%
JMAC LENDING, INC. $700,000 n/a 0.2%
Low VA Rates, LLC $580,000 $695,000 19.8% 0.2%
RESIDENTIAL BANCORP. $680,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $650,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $625,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $650,000 $615,000 -5.4% 0.2%
Commerce Home Mortgage, Inc. $580,000 n/a 0.2%
WESTCOAST MORTGAGE GROUP AND REALTY COMPANY $580,000 n/a 0.2%
DAS Acquisition Company, LLC $570,000 n/a 0.2%
Meridian Bank Corporation $570,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $2,195,000 $565,000 -74.3% 0.2%
SWBC MORTGAGE CORPORATION $560,000 n/a 0.2%
LENDUS, LLC $675,000 $550,000 -18.5% 0.2%
AMERICAN ADVISORS GROUP $395,000 $545,000 38.0% 0.2%
BAY EQUITY LLC $535,000 n/a 0.2%
Northwest Farm Credit Services, FLCA $535,000 $530,000 -0.9% 0.2%
SOVEREIGN LENDING GROUP INCORPORATED $395,000 $525,000 32.9% 0.2%
Gateway First Bank $700,000 $520,000 -25.7% 0.2%
Manufacturers and Traders Trust Company $520,000 n/a 0.2%
ONE NEVADA CREDIT UNION $520,000 n/a 0.2%
TOP FLITE FINANCIAL, INC. $520,000 n/a 0.2%
MASON MCDUFFIE MORTGAGE CORPORATION $515,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $770,000 $500,000 -35.1% 0.2%
Cf Bank $495,000 n/a 0.2%
LADERA LENDING, INC. $490,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $490,000 n/a 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $885,000 $490,000 -44.6% 0.2%
PREMIER MORTGAGE RESOURCES, L.L.C. $470,000 n/a 0.2%
Goldwater Bank, N.A. $465,000 n/a 0.2%
HOMEXPRESS MORTGAGE CORP. $465,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $460,000 n/a 0.2%
Bank of the West $375,000 $435,000 16.0% 0.1%
AMERICAN FINANCING CORPORATION $460,000 $425,000 -7.6% 0.1%
ON Q FINANCIAL, INC. $1,895,000 $420,000 -77.8% 0.1%
MANN FINANCIAL INC. $405,000 n/a 0.1%
NP, Inc. $440,000 $375,000 -14.8% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $510,000 $370,000 -27.5% 0.1%
SOFI LENDING CORP. $365,000 n/a 0.1%
INTERNATIONAL CITY MORTGAGE, INC. $355,000 n/a 0.1%
Nations Lending Corporation $320,000 $350,000 9.4% 0.1%
BNC National Bank $405,000 $345,000 -14.8% 0.1%
ALAMEDA MORTGAGE CORPORATION $345,000 $335,000 -2.9% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $335,000 n/a 0.1%
Amerifirst Financial, Inc. $330,000 n/a 0.1%
GoPrime Mortgage, Inc. $325,000 n/a 0.1%
AMERICA FIRST $315,000 n/a 0.1%
CANOPY MORTGAGE, LLC $315,000 n/a 0.1%
PINNACLE LENDING GROUP, INC. $305,000 n/a 0.1%
INFINITY EQUITY GROUP, INC. $285,000 n/a 0.1%
STAR ONE CREDIT UNION $285,000 n/a 0.1%
TJC Mortgage, Inc. $265,000 n/a 0.1%
First Federal Bank $995,000 $255,000 -74.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $245,000 n/a 0.1%
Watermark Capital, Inc. $245,000 n/a 0.1%
21ST MORTGAGE CORPORATION $185,000 $225,000 21.6% 0.1%
PLAZA HOME MORTGAGE, INC. $305,000 $225,000 -26.2% 0.1%
Arvest Bank $215,000 n/a 0.1%
OCMBC, INC. $215,000 n/a 0.1%
CASTLE & COOKE MORTGAGE, LLC $275,000 $205,000 -25.5% 0.1%
MOUNTAIN WEST FINANCIAL, INC. $205,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $195,000 n/a 0.1%
Willamette Valley Bank $185,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $155,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $155,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,185,000 $155,000 -86.9% 0.1%
REVERSE MORTGAGE FUNDING LLC $155,000 n/a 0.1%
FOUR POINTS $145,000 n/a 0.0%
Figure Lending LLC $235,000 $125,000 -46.8% 0.0%
First Guaranty Mortgage Corporation $195,000 $115,000 -41.0% 0.0%
PHH Mortgage Corporation $565,000 $105,000 -81.4% 0.0%
Bethpage Federal Credit Union $35,000 n/a 0.0%
Umpqua Bank $460,000 $35,000 -92.4% 0.0%

Fallon's top lender by overall market share is QUICKEN LOANS, LLC, with 11.2% market share. In second place, with 7.0%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $21,130,000 in loans. In third place, with 5.5%, is FREEDOM MORTGAGE CORPORATION, having originated $16,510,000 in loans. In fourth place, with 5.4%, is GUILD MORTGAGE COMPANY, having originated $16,445,000 in loans. In fifth place, with 5.3%, is Mortgage Research Center, LLC, having originated $16,125,000 in loans.


Fallon Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Fallon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $243,000 (5.5%) $249,385 (-1.6%) 0.00 39
2018-02-01 $250,000 (8.0%) $271,856 (8.8%) 0.00 29
2018-03-01 $285,000 (22.1%) $299,090 (21.7%) 0.00 22
2018-04-01 $281,700 (25.2%) $293,706 (22.2%) 0.00 30
2018-05-01 $263,750 (13.6%) $282,687 (12.9%) 0.00 41
2018-06-01 $271,450 (23.8%) $293,795 (22.3%) 0.00 44
2018-07-01 $265,000 (15.2%) $287,363 (20.4%) 0.00 50
2018-08-01 $269,900 (8.2%) $287,046 (9.6%) 0.00 59
2018-09-01 $262,000 (12.7%) $280,677 (8.4%) 0.00 71
2018-10-01 $269,900 (9.3%) $279,849 (8.2%) 0.00 81
2018-11-01 $269,900 (5.2%) $276,845 (3.4%) 0.00 80
2018-12-01 $270,000 (6.3%) $277,610 (7.7%) 0.00 76
2019-01-01 $271,250 (11.6%) $280,612 (12.5%) 0.00 75
2019-02-01 $269,925 (8.0%) $276,320 (1.6%) 0.00 77
2019-03-01 $268,964 (-5.6%) $278,071 (-7.0%) 0.00 72
2019-04-01 $271,375 (-3.7%) $280,650 (-4.5%) 0.00 66
2019-05-01 $276,350 (4.8%) $294,410 (4.2%) 0.00 61
2019-06-01 $279,875 (3.1%) $307,630 (4.7%) 0.00 71
2019-07-01 $283,650 (7.0%) $306,904 (6.8%) 0.00 74
2019-08-01 $285,527 (5.8%) $315,940 (10.1%) 0.00 77
2019-09-01 $286,468 (9.3%) $326,439 (16.3%) 0.00 77
2019-10-01 $288,350 (6.8%) $331,780 (18.6%) 0.00 76
2019-11-01 $280,000 (3.7%) $321,080 (16.0%) 0.00 67
2019-12-01 $289,800 (7.3%) $326,739 (17.7%) 0.00 59
2020-01-01 $294,700 (8.7%) $328,905 (17.2%) 0.00 58
2020-02-01 $294,900 (9.3%) $329,217 (19.1%) 0.00 53
2020-03-01 $296,500 (10.2%) $326,328 (17.4%) 0.00 69
2020-04-01 $298,975 (10.2%) $327,707 (16.8%) 0.00 66
2020-05-01 $294,900 (6.7%) $381,107 (29.5%) 0.00 60
2020-06-01 $299,500 (7.0%) $444,966 (44.6%) 0.00 38
2020-07-01 $306,125 (7.9%) $452,529 (47.5%) 0.00 34
2020-08-01 $349,900 (22.6%) $509,848 (61.4%) 0.00 26
2020-09-01 $338,000 (18.0%) $516,433 (58.2%) 0.00 22
2020-10-01 $301,900 (4.7%) $479,083 (44.4%) 0.00 17
2020-11-01 $298,550 (6.6%) $486,331 (51.5%) 0.00 16
2020-12-01 $332,500 (14.7%) $504,906 (54.5%) 0.00 23
2021-01-01 $298,250 (1.2%) $496,807 (51.1%) 0.00 23
2021-02-01 $322,500 (9.4%) $492,107 (49.5%) 0.00 18
2021-03-01 $297,436 (0.3%) $497,987 (52.6%) 0.00 19
2021-04-01 $289,950 (-3.0%) $479,312 (46.3%) 0.00 29
2021-05-01 $330,000 (11.9%) $440,075 (15.5%) 0.00 23
2021-06-01 $336,000 (12.2%) $415,635 (-6.6%) 0.00 21
2021-07-01 $362,500 (18.4%) $438,891 (-3.0%) 0.00 27
2021-08-01 $390,000 (11.5%) $432,263 (-15.2%) 0.00 36
2021-09-01 $384,500 (13.8%) $455,837 (-11.7%) 0.00 31
2021-10-01 $395,000 (30.8%) $457,782 (-4.5%) 0.00 29
2021-11-01 $352,500 (18.1%) $441,359 (-9.3%) 0.00 31
2021-12-01 $359,750 (8.2%) $423,048 (-16.2%) 0.00 28
2022-01-01 $367,250 (23.1%) $389,303 (-21.6%) 0.00 24
2022-02-01 $377,300 (17.0%) $396,331 (-19.5%) 0.00 25
2022-03-01 $395,000 (32.8%) $415,830 (-16.5%) 0.00 22
2022-04-01 $379,950 (31.0%) $416,157 (-13.2%) 0.00 36
2022-05-01 $394,500 (19.6%) $428,056 (-2.7%) 0.00 47
2022-06-01 $399,450 (18.9%) $466,254 (12.2%) 0.00 60
2022-07-01 $395,000 (9.0%) $461,460 (5.1%) 0.00 77
2022-08-01 $387,350 (-0.7%) $452,190 (4.6%) 0.00 77
2022-09-01 $388,337 (1.0%) $446,728 (-2.0%) 0.00 74
2022-10-01 $369,990 (-6.3%) $421,822 (-7.9%) 0.00 84
2022-11-01 $355,498 (0.9%) $404,733 (-8.3%) 0.00 93
2022-12-01 $357,990 (-0.5%) $390,858 (-7.6%) 0.00 75
2023-01-01 $354,993 (-3.3%) $388,849 (-0.1%) 0.00 57
2023-02-01 $361,473 (-4.2%) $402,309 (1.5%) 0.00 47
Fallon's median listing price for 2023-02-01 was $361,473, a difference of $-15,827 (-4.2%) versus the prior year and $6,480 versus the prior month.

Fallon's median listing price comes in at 0% of the national average.

Fallon's average listing price for 2023-02-01 was $402,309, a difference of $5,978 (1.5%) versus the prior year and $13,460 versus the prior month.

For the 2023-02-01 period, Fallon had 47 MLS listings, a difference of -10 listings (-18%) versus the prior month and 22 listings (88%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fallon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,782 sqft
2018-02-01 0 days 1,884 sqft
2018-03-01 0 days 1,987 sqft
2018-04-01 0 days 1,863 sqft
2018-05-01 0 days 1,851 sqft
2018-06-01 0 days 1,767 sqft
2018-07-01 0 days 1,692 sqft
2018-08-01 0 days 1,773 sqft
2018-09-01 0 days 1,653 sqft
2018-10-01 0 days 1,652 sqft
2018-11-01 0 days 1,704 sqft
2018-12-01 0 days 1,732 sqft
2019-01-01 0 days 1,694 sqft
2019-02-01 0 days 1,680 sqft
2019-03-01 0 days 1,715 sqft
2019-04-01 0 days 1,730 sqft
2019-05-01 0 days 1,811 sqft
2019-06-01 0 days 1,853 sqft
2019-07-01 0 days 1,837 sqft
2019-08-01 0 days 1,866 sqft
2019-09-01 0 days 1,879 sqft
2019-10-01 0 days 1,889 sqft
2019-11-01 0 days 1,831 sqft
2019-12-01 0 days 1,852 sqft
2020-01-01 0 days 1,830 sqft
2020-02-01 0 days 1,818 sqft
2020-03-01 0 days 1,865 sqft
2020-04-01 0 days 1,877 sqft
2020-05-01 0 days 1,822 sqft
2020-06-01 0 days 1,820 sqft
2020-07-01 0 days 1,839 sqft
2020-08-01 0 days 1,895 sqft
2020-09-01 0 days 1,772 sqft
2020-10-01 0 days 1,624 sqft
2020-11-01 0 days 1,567 sqft
2020-12-01 0 days 1,654 sqft
2021-01-01 0 days 1,624 sqft
2021-02-01 0 days 1,773 sqft
2021-03-01 0 days 1,589 sqft
2021-04-01 0 days 1,559 sqft
2021-05-01 0 days 1,693 sqft
2021-06-01 0 days 1,602 sqft
2021-07-01 0 days 1,536 sqft
2021-08-01 0 days 1,600 sqft
2021-09-01 0 days 1,643 sqft
2021-10-01 0 days 1,744 sqft
2021-11-01 0 days 1,604 sqft
2021-12-01 0 days 1,568 sqft
2022-01-01 0 days 1,541 sqft
2022-02-01 0 days 1,610 sqft
2022-03-01 0 days 1,640 sqft
2022-04-01 0 days 1,631 sqft
2022-05-01 0 days 1,633 sqft
2022-06-01 0 days 1,713 sqft
2022-07-01 0 days 1,706 sqft
2022-08-01 0 days 1,690 sqft
2022-09-01 0 days 1,710 sqft
2022-10-01 0 days 1,668 sqft
2022-11-01 0 days 1,639 sqft
2022-12-01 0 days 1,636 sqft
2023-01-01 0 days 1,621 sqft
2023-02-01 0 days 1,611 sqft
Fallon's median listing age (time on market) for 2023-02-01 was 0 days.

Fallon's median square footage for active listings during the 2023-02-01 period was 1,611 sqft. One year prior, the average listing was 1,610 sqft.

Fallon, NV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 463 $131,115,000 $283,186
Refi 460 $97,360,000 $211,652
Cash Out Refi 286 $68,990,000 $241,224
Home Improvement 21 $3,215,000 $153,095
Other 15 $1,625,000 $108,333

Fallon's most frequently cited loan purpose was Home Purchase, with 463 originations. The 2nd most popular reason was Refi, with 460 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 433 $109,205,000 $252,206
2.5-3% 429 $102,835,000 $239,709
<2.5% 314 $75,150,000 $239,331
4-5% 57 $13,935,000 $244,474
Over 8% 4 $440,000 $110,000
7-8% 3 $365,000 $121,667
5-6% 3 $175,000 $58,333
6-7% 1 $55,000 $55,000

During 2021, Fallon's most frequently originated rate bucket was 3-4%, with 433 originations.

Loan Sizing (Fallon, NV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 718 $200,420,000 $279,136
$100k-200k 351 $54,665,000 $155,741
$400k-600k 88 $40,090,000 $455,568
$100,000 or less 85 $5,045,000 $59,353
$600k-1000k 3 $2,085,000 $695,000

Fallon's loan sizing saw the bucket of loans from $200k-400k with 718 originations, totaling $200,420,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 450 $132,000,000 $293,333
60-80% 365 $89,965,000 $246,479
40-60% 179 $33,525,000 $187,291
20-40% 73 $8,245,000 $112,945
Over 100% 51 $17,485,000 $342,843
Under 20% 36 $1,260,000 $35,000

Fallon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 450 originations, totaling $132,000,000 in origination value.