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FERNLEY, NV 89408

Real Estate Market Report  ·  Churchill County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The FERNLEY, NV real estate market (89408) currently shows 84 active listings, with 44 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 61 days on market compared to 48 days last year.

The median listing price has risen 6.7% year-over-year, from $419,245 to $447,225.

Whether you are buying or selling in FERNLEY, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,611  ·  Density: 19.6/mi²  ·  Median household income: $84,104

Typical home value: $323,602  ·  Homeownership: 72.2%

Market Overview

Active Listings
84
⇩ 23.6% vs 110 last year
Pending
44
52% pending ratio
Median Price
$447,225
⇧ 6.7% vs $419,245 last year
Average Price
$536,094
⇧ 19.5% vs $448,676 last year
Days on Market
61
⇧ 27.1% vs 48 days last year

Price Per Square Foot

Median $/sqft
$255
⇧ 0.8% vs $253/sqft last year
Median Home Size
1,767 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 110 last year
  • Days on market: 61 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $447,225 (+6.7% YoY)
  • Average: $536,094 (+19.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 50.7 miles — 916 listings ($901,631,186 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89408Fernley, NV 894080.0 mi80$43,227,200$444,945$540,340
89429Silver Springs, NV 8942928.3 mi13$7,104,370$544,500$546,490
89441Sparks, NV 8944135.2 mi65$51,911,535$751,737$798,639
89403Dayton, NV 8940340.1 mi95$52,025,515$489,450$547,637
89510Reno, NV 8951040.6 mi5$6,123,900$1,400,000$1,224,780
89502Reno, NV 8950241.4 mi56$27,128,528$399,750$484,438
89506Reno, NV 8950642.5 mi137$68,942,921$489,950$503,233
89406Fallon, NV 8940643.8 mi63$36,543,906$427,000$580,062
89440Virginia City, NV 8944044.7 mi5$2,952,275$624,775$590,455
89509Reno, NV 8950945.3 mi128$141,202,944$695,000$1,103,148
89519Reno, NV 8951947.2 mi36$49,125,888$999,898$1,364,608
89523Reno, NV 8952349.1 mi104$111,483,736$744,500$1,071,959
89511Reno, NV 8951150.7 mi129$303,858,468$1,995,000$2,355,492

Frequently Asked Questions

How many homes are for sale in FERNLEY, NV 89408?

As of February 2026, there are 84 active listings in FERNLEY, NV (zip code 89408), compared to 110 the prior year.

What is the median home price in FERNLEY, NV 89408?

The median listing price in FERNLEY, NV 89408 is $447,225 as of February 2026, a 6.7% increase from $419,245 the prior year.

How long do homes stay on the market in FERNLEY, NV?

Homes in FERNLEY, NV 89408 spend an average of 61 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in FERNLEY, NV 89408?

Based on current inventory and days-on-market data as of February 2026, FERNLEY, NV 89408 is currently a Balanced Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 48 days last year.

How much can I save on real estate commission in FERNLEY, NV?

With SELL123.com's maximum 3% commission, sellers in FERNLEY, NV 89408 save an estimated $8,945 compared to a typical 5% commission on the median listing price of $447,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.