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2015-10-30 10 09 36 View west along Main Street (Nevada State Route 427) in Fernley, NevadaPhoto: Famartin · CC BY-SA 4.0
Housing in Fernley

413 homes sold in Fernley in the last year, at a typical $408K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fernley homes are listed.

Homes sold
413
June 2025 to May 2026
Typical sale price
$408K
median, weighted by sales
Price per square foot
$247
Nevada $265
Paid vs. asking
99.5%
32% sold over asking
For sale now
60
May 2026 · 28 sold that month
What sold · last 12 months

Houses are 100% of Fernley’s sales, at a typical $408K

413 homes sold in the year to May 2026.

Houses$408K

typical sale · 413 sold in 12 months

Per square foot
$247NV $269
Days to sell
51
Sold over asking
32%
Listings with a price cut
18%
14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

413 sales in the last year, against 655 in 2021 and a low of 425 in 2025. The typical sale went from $191K in 2016 to $408K.

Homes soldTypical sale price
0175350525700$125K$250K$375K$500K2012: 521 sold, typical $89K’122013: 489 sold, typical $123K2014: 459 sold, typical $142K’142015: 512 sold, typical $166K2016: 507 sold, typical $191K’162017: 613 sold, typical $226K2018: 635 sold, typical $252K’182019: 575 sold, typical $270K2020: 593 sold, typical $291K’202021: 655 sold, typical $348K2022: 488 sold, typical $387K’222023: 471 sold, typical $373K2024: 466 sold, typical $388K’242025: 425 sold, typical $399KLast 12 months: 413 sold, typical $408KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Fernley

Houseat $247 a sq ft
The same money in Nevadaat $269 a sq ft

Is this asking price fair?

Check a listing against what Fernley homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Fernley are back to pre-pandemic levels, but 45% fewer homes come up for sale

We read every month of Fernley’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 413 sales.

If you’re buying in Fernley

  • Shop in March. It brings about 54 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • You can negotiate. 18% of listings have cut their price, against 14% before the pandemic.
  • Bid near asking. Buyers paid 99.5% of the list price on average; 32% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 64 a month), but April is the most competitive: 38% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (31%). October has the least competition (24%).

New listings a monthShare sold over asking
016.332.548.86513%27%40%Sweet spotJan: 44 new listings a month, 31% sold over asking, 74 days to sellJFeb: 43 new listings a month, 25% sold over asking, 65 days to sellFMar: 54 new listings a month, 31% sold over asking, 54 days to sellMApr: 61 new listings a month, 38% sold over asking, 56 days to sellAMay: 64 new listings a month, 38% sold over asking, 47 days to sellMJun: 64 new listings a month, 37% sold over asking, 47 days to sellJJul: 57 new listings a month, 36% sold over asking, 46 days to sellJAug: 61 new listings a month, 35% sold over asking, 47 days to sellASep: 49 new listings a month, 32% sold over asking, 50 days to sellSOct: 47 new listings a month, 24% sold over asking, 56 days to sellONov: 37 new listings a month, 30% sold over asking, 64 days to sellNDec: 28 new listings a month, 28% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Nevada

Fernley now2017–192021 peakNV now
Sold over askingShare of sales that closed above the list price32%30%58%17%
Gone within two weeksShare of homes under contract within 14 days38%38%64%27%
Listings with a price cutShare of homes for sale that cut their price18%14%13%25%
Price paid vs. askingAverage sale price ÷ list price99.5%99.2%101.3%98%
Days to sellMedian days from listing to contract51632763
Supply

87 homes for sale on a typical day

That’s 45% fewer than in 2017–19 and well under 2012’s 182.

2012: 182 for sale’122013: 147 for sale2014: 163 for sale2015: 109 for sale’152016: 135 for sale2017: 156 for sale2018: 152 for sale’182019: 164 for sale2020: 147 for sale2021: 78 for sale’212022: 131 for sale2023: 108 for sale2024: 114 for sale’242025: 106 for saleLast 12 months: 87 for saleNow
Room to negotiate

1 in 5 listings has cut its price

18% in the last year, against 14% in 2017–19 and 25% across Nevada.

2015: 17%’152016: 15%2017: 10%2018: 16%’182019: 15%2020: 7%2021: 13%’212022: 28%2023: 23%2024: 23%’242025: 18%Last 12 months: 18%Now
Across Nevada

Fernley ranks 2nd of 34 busy Nevada markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Fernley is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Fernley home costs about $2,311 a month

Mortgage
Property tax
Insurance
Rent

Price: Fernley’s typical sale, last 12 months. Property tax at Fernley’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fernley is affordable on local pay is on Cost of living.

Before you buy in Fernley

Six things worth knowing

64

New listings in June

The month with the most choice. December has the fewest, about 28.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $408K home, about $2,190 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Fernley, from test results, graduation and how much students grow.

Schools in Fernley
28 min

Typical commute

The average one-way trip to work for people who live in Fernley.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Fernley, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fernley. People who follow the town see it, and so do people comparing Fernley with their own town. No commission, no listing fee.

Questions about buying a home in Fernley

What do homes sell for in Fernley, NV?

413 homes sold in the year to May 2026 at a typical $408K, $247 a square foot.

Is Fernley a buyer’s or seller’s market?

A seller’s market: 60 homes were for sale in May 2026 and 28 sold, about 2.1 months of supply. Buyers paid 99.5% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Fernley?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Fernley?

About 0.5% of a home’s value a year. On a $408K home that’s near $2,190.

Where can I see homes for sale in Fernley?

Zillow, Redfin, Realtor.com and Homes.com all carry Fernley’s MLS listings; the search links above open each one filtered to Fernley.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).