Sierra Nevada Properties

Est. 1979 · Locally Owned
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Data: August 2026 Activity

September 2026 Market Minute

Single-family home market activity across Northern Nevada · Source: NNRMLS & Incline Village Board of Realtors
Minden median up 24.2% to $810K
Fernley inventory down 46.7% -- tightest market
Lake Tahoe NV closed sales up 200% YoY
Lake Tahoe NV days to contract surged 76%
3 markets saw price declines
Minden median up 24.2% to $810K
Fernley inventory down 46.7% -- tightest market
Lake Tahoe NV closed sales up 200% YoY
Lake Tahoe NV days to contract surged 76%
3 markets saw price declines

The Big Picture

Northern Nevada's housing market in August 2026 showed mixed signals with a lean toward price gains. 6 of 9 markets saw price increases. Inventory is compressed across the board -- Fernley's months supply sits at just 1.5 months (down 21.1%). Sparks and Lake Tahoe NV and Incline Village were the markets to see price corrections.

Median Sales Price by Market
Individual Market Performance
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MarketMedian PriceClosed Sales Days to ContractInventoryMonths Supply $/Sq FtList Price Recv'd Income Needed
Months Supply of Inventory