The Fernley housing market posted strong numbers in August 2026. The median sale price rose 4.9% year-over-year to $430,000, with 33 homes sold — a 29.8% decline in sales volume. Inventory remains tight at 1.5 months of supply, down 21.1% from last year. Homes are going under contract in a median of 13 days, and 27% of sales closed above asking price. Sellers received 99.1% of their list price on average. Total transaction volume reached $14.7M.
Key Metrics
September 2026 at a Glance
Median Price
$430K
▲ +4.9% YoY
Closed Sales
33
▼ -29.8% YoY
Days to Contract
13
▼ -68.3% YoY
Months Supply
1.5
▼ -21.1% YoY
List Price Recv'd
99.1%
▲ +0% 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
27%
21%
52%
Over Asking: 27% At Asking: 21% Under Asking: 52%
38% of listings had price reductions (median reduction: $10,051). 10.8% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
9
27.3% of sales
Median: $375,000
$400-600K
22
66.7% of sales
Median: $450,000
$600-800K
2
6.1% of sales
Median: $690,000
$800K-1M
0
0% of sales
$1M+
0
0% of sales
Affordability
What It Costs
Est. Monthly Payment
$2,222
+7.2% from last year
Income Needed
$95,229
At 28% debt-to-income
With 20% Down
$86,000
On $430,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Fernley median of $166,000 in 2015 would be worth approximately $420,000 today — a 153% increase.
Fernley's median home price just hit $430K — up 4.9% from last year. Homes are moving in 13 days and 27% 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 4.9% to $430K and selling in just 13 days. Want to know what yours is worth?
The Fernley housing market posted strong numbers in August 2026. The median sale price rose 4.9% year-over-year to $430,000, with 33 homes sold — a 29.8% decline in sales volume. Inventory remains tight at 1.5 months of supply, down 21.1% from last year. Homes are going under contract in a median of 13 days, and 27% of sales closed above asking price. Sellers received 99.1% of their list price on average. Total transaction volume reached $14.7M.
