Stewart Title's Market Report
Fernley, NV
Single-Family Homes
Our Strength is Our People
Fernley, NV
Sun Aug 16 2026
This week the median list price for Fernley, NV is $469,900 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has increased to 55.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $469,900 | |
| Median Price of New Listings | $469,000 | |
| Per Square Foot | $250 | |
| Average Days on Market | 58 | |
| Median Days on Market | 35 | |
| Price Decreased | 27% | |
| Price Increased | 0% | |
| Relisted | 2% | |
| Inventory | 55 | |
| Median Rent | ||
| Market Action | 56 | |
| Strong Seller's Market | ||
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers can see more home for their money.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $662,338 | 2,469 | 0.5 - 1 acre | 4 | 2.5 | 19 | 2 | 1 | 42 |
| $484,495 | 2,196 | 8,000 - 10,000 sqft | 3 | 2.5 | 21 | 2 | 0 | 38 |
| $429,500 | 1,724 | 6,500 - 8,000 sqft | 3 | 2 | 21 | 4 | 2 | 7 |
| $372,000 | 1,536 | 6,500 - 8,000 sqft | 3 | 2 | 27 | 1 | 0 | 35 |