Stewart Title's Market Report

Fernley, NV

Single-Family Homes

Our Strength is Our People



Fernley, NV

Tue Jul 01 2025
This week the median list price for Fernley, NV is $424,350 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 102. Click here to stay informed with the Fernley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Fernley, NV

Tue Jul 01 2025
This week the median list price for Fernley, NV is $424,350 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 102. Click here to stay informed with the Fernley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Fernley market.
Median List Price $424,350
Median Price of New Listings $467,000
Per Square Foot $1,402
Average Days on Market 54
Median Days on Market 28
Price Decreased 32%
Price Increased 3%
Relisted 1%
Inventory 102
Median Rent
Market Action 45
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$579,450 284 0.5 - 1 acre 3 2 18 3 9 49
$449,900 1,628 8,000 - 10,000 sqft 3 2 7 4 11 21
$400,945 273 6,500 - 8,000 sqft 3 2 21 2 13 24
$360,000 1,040 6,500 - 8,000 sqft 3 2 24 1 13 42