The Gardnerville housing market posted strong numbers in August 2026. The median sale price rose 18.5% year-over-year to $640,000, with 33 homes sold — a 6.5% jump in sales volume. Inventory is moderate at 2.3 months of supply, down 8% from last year. Homes are going under contract in a median of 5 days, and 24% of sales closed above asking price. Sellers received 99.1% of their list price on average. Total transaction volume reached $25.6M.
Key Metrics
September 2026 at a Glance
Median Price
$640K
▲ +18.5% YoY
Closed Sales
33
▲ +6.5% YoY
Days to Contract
5
▼ -80% YoY
Months Supply
2.3
▼ -8% YoY
List Price Recv'd
99.1%
▲ +1% 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
24%
21%
55%
Over Asking: 24% At Asking: 21% Under Asking: 55%
56% of listings had price reductions (median reduction: $48,000). 15.4% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
0
0% of sales
$400-600K
11
33.3% of sales
Median: $530,000
$600-800K
13
39.4% of sales
Median: $653,000
$800K-1M
3
9.1% of sales
Median: $975,000
$1M+
6
18.2% of sales
Median: $1,465,000
Affordability
What It Costs
Est. Monthly Payment
$3,307
+21.1% from last year
Income Needed
$141,729
At 28% debt-to-income
With 20% Down
$128,000
On $640,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Gardnerville median of $325,000 in 2015 would be worth approximately $621,750 today — a 91.3% increase.
Gardnerville home prices are up 18.5% to a $640K median. 33 homes sold last month, and they went under contract in a median of 5 days. Inventory sits at 2.3 months of supply. Want to know what your home is worth in this market? Reach out.
Hey! Gardnerville homes are up 18.5% to $640K and selling in just 5 days. Want to know what yours is worth?
The Gardnerville housing market posted strong numbers in August 2026. The median sale price rose 18.5% year-over-year to $640,000, with 33 homes sold — a 6.5% jump in sales volume. Inventory is moderate at 2.3 months of supply, down 8% from last year. Homes are going under contract in a median of 5 days, and 24% of sales closed above asking price. Sellers received 99.1% of their list price on average. Total transaction volume reached $25.6M.
