89406 — Fallon, NV Home Values
Typical home value $394,768 as of August 2026 · 1st of 1 in Fallon, NV
Blue: typical home value (Zillow ZHVI) in ZIP code 89406, August 2021 to August 2026. This page shows observed data only; no forecast.
How 89406 compares in the Fallon, NV area
ZIP code 89406 (Fallon, NV) has a typical home value of $394,768 as of August 2026, ranking 1st of 1 ZIP codes tracked in the Fallon, NV area, the most expensive ZIP code in the metro. Prices here have moved +2.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +18.3%, from $333,815 in August 2021 to $394,768 in August 2026. Against observed rent, the typical home here sells for 20.8× the annual rent ($1,581/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Fallon, NV forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Fallon.
Population and demographics
ZIP code 89406 has a population of 25,536, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 71.2% White, 15.2% Hispanic or Latino, 5.3% two or more races, 3.4% American Indian or Alaska Native, 2.8% Asian, 1.9% Black or African American, 0.2% Native Hawaiian or Pacific Islander, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Gabbs Middle School | 511 East Ave, Gabbs, NV | 34.5 mi |
| Gabbs High School | 511 East Ave, Gabbs, NV | 34.5 mi |
| Gabbs Elementary School | 511 East Ave, Gabbs, NV | 34.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 89406?
$394,768 as of August 2026, the latest month Zillow has published observed data for.
Is 89406 an expensive ZIP code in the Fallon, NV area?
89406 ranks 1st of 1 ZIP codes in the Fallon, NV area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 89406 changed over the past year?
+2.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 89406?
The typical home price is 20.8× the observed annual rent in this ZIP code ($1,581/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 89406?
25,536, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 89406?
Gabbs Middle School (34.5 mi), Gabbs High School (34.5 mi), Gabbs Elementary School (34.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 89406?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Fallon, NV forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.