Sierra Nevada Properties

Gardnerville Housing Market

June 2026 Data
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Market Overview
What’s Happening in Gardnerville
The Gardnerville housing market showed shifting conditions in June 2026. The median sale price fell 25% year-over-year to $562,500, with 32 homes sold — a 23.1% jump in sales volume. Inventory is moderate at 2.5 months of supply, down 21.9% from last year. Homes are going under contract in a median of 31 days, and 6% of sales closed above asking price. Sellers received 97.5% of their list price on average. Total transaction volume reached $24.3M.
Key Metrics
July 2026 at a Glance
Median Price
$563K
▼ -25% YoY
Closed Sales
32
▲ +23.1% YoY
Days to Contract
31
▲ +181.8% YoY
Months Supply
2.5
▼ -21.9% YoY
List Price Recv'd
97.5%
▼ -1.9% 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
6%
19%
75%
Over Asking: 6% At Asking: 19% Under Asking: 75%

53% of listings had price reductions (median reduction: $62,500). 0% expired or were withdrawn.

Price Distribution
Sales by Price Tier
$0-400K
1
3.1% of sales
Median: $390,000
$400-600K
17
53.1% of sales
Median: $515,000
$600-800K
6
18.8% of sales
Median: $695,000
$800K-1M
3
9.4% of sales
Median: $850,000
$1M+
5
15.6% of sales
Median: $1,700,000
Affordability
What It Costs
Est. Monthly Payment
$2,841
-26.8% from last year
Income Needed
$121,757
At 28% debt-to-income
With 20% Down
$112,500
On $562,500 median
Long-Term Trends
10-Year Price History
A home purchased at the Gardnerville median of $325,000 in 2015 would be worth approximately $610,000 today — a 87.7% increase.
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Gardnerville Market Stories
Gardnerville's median price came in at $563K, down 25% year-over-year. 75% of homes sold below asking — there's room to negotiate. With 2.5 months of inventory and 31 days on market, buyers have options. Curious what this means for you? Let's chat.
Hey! Gardnerville's median is at $563K with 2.5 months of supply — could be a good time to look. Want me to send you some options?
The Gardnerville housing market showed shifting conditions in June 2026. The median sale price fell 25% year-over-year to $562,500, with 32 homes sold — a 23.1% jump in sales volume. Inventory is moderate at 2.5 months of supply, down 21.9% from last year. Homes are going under contract in a median of 31 days, and 6% of sales closed above asking price. Sellers received 97.5% of their list price on average. Total transaction volume reached $24.3M.
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