Northern Nevada's housing market in September 2026 showed a clear theme: tight inventory driving prices higher. 8 of 9 markets posted median price gains, with Fallon leading at +23.6%. Inventory is compressed across the board -- Fernley's months supply sits at just 1.1 months (down 54.2%). The outlier is Lake Tahoe NV, the sole market to see a price correction at -23.7%.
| Market | Median Price | Closed Sales | Days to Contract | Inventory | Months Supply | $/Sq Ft | List Price Recv'd | Income Needed |
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