89408 Home Values & Market Trends

There are 61 homes currently listed for 89408. 89408 real estate market trends show that home prices range from $199,999 to $699,000, and the median sales price in the 89408 zip code is $363,722.22. The total number of properties sold within the past twelve months is 712. In 89408, 9 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

89408 Real Estate Market Overview

CityMedian Est. Value
Fernley

$ 388,600

$ 223/sqft

Housing Market Summary for 89408

Mar 2023February 2024Change
Median Listing Price$395.8K$368.5K-6.87%
Median Sold Price$377.1K$368.5K-2.26%
Homes For Sale7066-5.71%
Homes Sold25835035.66%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 89408

The median list price of a home in Fernley, is $363,722.22. A total of 61 properties are for sale, and the percentage of properties for sale in the zip code is 61.00%. The total count of 89408 properties is 8,236.

Foreclosure
There is 1 cities within 89408; within this cities, the median estimated home value for homes in foreclosure ranges from $437,010 in fernley to the lowest value of $264,028 in fernley. Foreclosure homes account for 0.00% of properties in 89408 with fernley containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in 89408 with fernley containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89408; of that cities, the estimated home value for pre-foreclosure homes ranges from $391,544 in fernley to the lowest home value of $309,079 in fernley.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 89408 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 89408. There is 1 cities within 89408; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    fernley has 2 auction properties, the highest number of properties going to auction in a single city in the state of 89408. Auction homes and other auction properties account for 0.02% of all properties in 89408. There is 1 cities within 89408; of that cities, the median estimated home value for homes going to auction ranges from $437,010 in fernley to the lowest value of $264,028 in fernley.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.74% of residential properties in 89408 with fernley containing 61 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 89408; homes for sale in that cities, have a range of median values from $699,000 in fernley to the lowest value of $149,669 in fernley.
    Sold Homes
    The median value for recently sold homes ranges from $769,653 in fernley to the lowest price of $69,410 in fernley. There is 1 cities within 89408. fernley has 386 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 4.69% of properties in 89408.

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      Guide for 89408

      Pennsylvania
      Henderson Real Estate Market Report March 2024
      Pennsylvania
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Nevada
      A Review of Las Vegas Housing Trends, 2023
      Wholesale
      What Is a Zombie Property?
      See More Articles
      Henderson Real Estate Market Report March 2024
      Pennsylvania|posted 4 March 2024

      Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.

      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Pennsylvania|posted 5 February 2024

      The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.

      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024

      Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.

      What Is a Zombie Property?
      Wholesale|posted 14 March 2024

      Learn what a Zombie property is and how to avoid your home becoming one.

      Recently Listed Homes 89408

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