The Gardnerville housing market showed shifting conditions in May 2026. The median sale price fell 16.8% year-over-year to $599,000, with 33 homes sold — a 57.1% jump in sales volume. Inventory remains tight at 1.7 months of supply, down 79.8% from last year. Homes are going under contract in a median of 43 days, and 9% of sales closed above asking price. Sellers received 98.6% of their list price on average. Total transaction volume reached $24.4M.
Key Metrics
June 2026 at a Glance
Median Price
$599K
▼ -16.8% YoY
Closed Sales
33
▲ +57.1% YoY
Days to Contract
43
▼ -17.3% YoY
Months Supply
1.7
▼ -79.8% YoY
List Price Recv'd
98.6%
▼ -1.7% 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
9%
33%
58%
Over Asking: 9% At Asking: 33% Under Asking: 58%
47% of listings had price reductions (median reduction: $47,800). 10.8% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
2
6.1% of sales
Median: $387,000
$400-600K
15
45.5% of sales
Median: $505,000
$600-800K
7
21.2% of sales
Median: $670,000
$800K-1M
2
6.1% of sales
Median: $900,000
$1M+
7
21.2% of sales
Median: $1,250,000
Affordability
What It Costs
Est. Monthly Payment
$3,019
-19.7% from last year
Income Needed
$129,386
At 28% debt-to-income
With 20% Down
$119,800
On $599,000 median
Long-Term Trends
10-Year Price History
A home purchased at the Gardnerville median of $325,000 in 2015 would be worth approximately $620,000 today — a 90.8% increase.
Gardnerville's median price came in at $599K, down 16.8% year-over-year. 58% of homes sold below asking — there's room to negotiate. With 1.7 months of inventory and 43 days on market, buyers have options. Curious what this means for you? Let's chat.
Hey! Gardnerville's median is at $599K with 1.7 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 May 2026. The median sale price fell 16.8% year-over-year to $599,000, with 33 homes sold — a 57.1% jump in sales volume. Inventory remains tight at 1.7 months of supply, down 79.8% from last year. Homes are going under contract in a median of 43 days, and 9% of sales closed above asking price. Sellers received 98.6% of their list price on average. Total transaction volume reached $24.4M.
