The Fernley housing market posted strong numbers in June 2026. The median sale price rose 2.4% year-over-year to $425,000, with 39 homes sold — a 5.4% jump in sales volume. Inventory remains tight at 1.5 months of supply, down 42.3% from last year. Homes are going under contract in a median of 8 days, and 26% of sales closed above asking price. Sellers received 100.2% of their list price on average. Total transaction volume reached $17.7M.
Key Metrics
July 2026 at a Glance
Median Price
$425K
▲ +2.4% YoY
Closed Sales
39
▲ +5.4% YoY
Days to Contract
8
▼ -69.2% YoY
Months Supply
1.5
▼ -42.3% YoY
List Price Recv'd
100.2%
▲ +0.4% YoY
Trends
12-Month History
Median Price
Closed Sales
Days to Contract
Price per Sq Ft
List-to-Sale Price Ratio
Months Supply
Active Inventory
New Listings
Negotiations
Over/Under Asking
26%
56%
18%
Over Asking: 26% At Asking: 56% Under Asking: 18%
36% of listings had price reductions (median reduction: $20,000). 2.5% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
10
25.6% of sales
Median: $350,000
$400-600K
25
64.1% of sales
Median: $445,000
$600-800K
4
10.3% of sales
Median: $659,000
$800K-1M
0
0% of sales
$1M+
0
0% of sales
Affordability
What It Costs
Est. Monthly Payment
$2,147
+0% from last year
Income Needed
$92,014
At 28% debt-to-income
With 20% Down
$85,000
On $425,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Fernley median of $166,000 in 2015 would be worth approximately $419,950 today — a 153% increase.
Fernley's median home price just hit $425K — up 2.4% from last year. Homes are moving in 8 days and 26% sold over asking price. With just 1.5 months of inventory, this market is competitive. Thinking about your next move? Let's talk.
Hey! Fernley homes are up 2.4% to $425K and selling in just 8 days. Want to know what yours is worth?
The Fernley housing market posted strong numbers in June 2026. The median sale price rose 2.4% year-over-year to $425,000, with 39 homes sold — a 5.4% jump in sales volume. Inventory remains tight at 1.5 months of supply, down 42.3% from last year. Homes are going under contract in a median of 8 days, and 26% of sales closed above asking price. Sellers received 100.2% of their list price on average. Total transaction volume reached $17.7M.
