Fernley, NV Home Values & Market Trends
Real estate market trends reflect that there have been 697 transactions over the past year in Fernley. The median value for residential home transactions that occurred over the previous year is $417,526. The number of current listings in Fernley is 700, and the percentage of properties for sale in the city is 700.00%. Fernley, NV currently has 36 properties in foreclosure, 5 bank owned properties, 8 properties headed for auction, and 700 properties for sale.
Fernley, NV Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 89408 | $ 417,526 $ 258/sqft |
Housing Market Summary for Fernley, NV
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $390K | $399K | 2.31% |
| Median Sold Price | $403.4K | $439.8K | 9.01% |
| Homes For Sale | 530 | 688 | 29.81% |
| Homes Sold | 208 | 200 | -3.85% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fernley, NV
Browse Homes in Fernley, NV
Fernley home values range from $164,027 to $2,989,999. The median estimated value of a home in Fernley is $417,526. The median list price of a home is 399,000, and the total count of properties in the city is 957.
- Pre-ForeclosurePre-foreclosure homes account for 2.40% of all residential properties in Fernley, NV with 89408 containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Fernley, NV; of that zips, the estimated home value for pre-foreclosure homes ranges from $475,559 in 89408 to the lowest home value of $331,326 in 89408.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fernley, NV ranges from the highest value of $389,987 in 89408 to the lowest value of $363,900 in 89408. Bank owned homes and properties account for 0.52% of properties in Fernley, NV. There is 1 zips within Fernley, NV; 89408 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions89408 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Fernley, NV. Auction homes and other auction properties account for 0.84% of all properties in Fernley, NV. There is 1 zips within Fernley, NV; of that zips, the median estimated home value for homes going to auction ranges from $551,097 in 89408 to the lowest value of $397,186 in 89408.
Compare Nearby Cities
More Real Estate Resources for Fernley, NV
Guide for Fernley, NV
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.