The Fernley housing market posted strong numbers in May 2026. The median sale price rose 8% year-over-year to $432,000, with 28 homes sold — a 34.9% decline in sales volume. Inventory remains tight at 1.9 months of supply, down 61.2% from last year. Homes are going under contract in a median of 49 days, and 29% of sales closed above asking price. Sellers received 99.6% of their list price on average. Total transaction volume reached $12.7M.
Key Metrics
June 2026 at a Glance
Median Price
$432K
▲ +8% YoY
Closed Sales
28
▼ -34.9% YoY
Days to Contract
49
▼ -30% YoY
Months Supply
1.9
▼ -61.2% YoY
List Price Recv'd
99.6%
▼ -0.5% 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
29%
32%
39%
Over Asking: 29% At Asking: 32% Under Asking: 39%
29% of listings had price reductions (median reduction: $10,100). 9.7% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
6
21.4% of sales
Median: $369,900
$400-600K
20
71.4% of sales
Median: $440,000
$600-800K
2
7.1% of sales
Median: $715,000
$800K-1M
0
0% of sales
$1M+
0
0% of sales
Affordability
What It Costs
Est. Monthly Payment
$2,178
+4.3% from last year
Income Needed
$93,343
At 28% debt-to-income
With 20% Down
$86,400
On $432,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Fernley median of $165,000 in 2015 would be worth approximately $415,000 today — a 151.5% increase.
Fernley's median home price just hit $432K — up 8% from last year. Homes are moving in 49 days and 29% sold over asking price. With just 1.9 months of inventory, this market is competitive. Thinking about your next move? Let's talk.
Hey! Fernley homes are up 8% to $432K and selling in just 49 days. Want to know what yours is worth?
The Fernley housing market posted strong numbers in May 2026. The median sale price rose 8% year-over-year to $432,000, with 28 homes sold — a 34.9% decline in sales volume. Inventory remains tight at 1.9 months of supply, down 61.2% from last year. Homes are going under contract in a median of 49 days, and 29% of sales closed above asking price. Sellers received 99.6% of their list price on average. Total transaction volume reached $12.7M.
