Data as of March 2026. Source: Realtor.com.
The FERNLEY, NV real estate market (89408) currently shows 87 active listings, with 53 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 36 days on market compared to 47 days last year.
The median listing price has risen 9.1% year-over-year, from $421,995 to $460,500.
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.
Population: 23,611 · Density: 19.6/mi² · Median household income: $84,104
Typical home value: $323,602 · Homeownership: 72.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89408 | Fernley, NV 89408 | 0.0 mi | 84 | $45,031,896 | $447,225 | $536,094 |
| 89429 | Silver Springs, NV 89429 | 28.3 mi | 12 | $6,595,104 | $578,225 | $549,592 |
| 89441 | Sparks, NV 89441 | 35.2 mi | 64 | $50,617,920 | $748,500 | $790,905 |
| 89403 | Dayton, NV 89403 | 40.1 mi | 100 | $55,580,900 | $491,075 | $555,809 |
| 89510 | Reno, NV 89510 | 40.6 mi | 7 | $8,486,219 | $1,300,000 | $1,212,317 |
| 89502 | Reno, NV 89502 | 41.4 mi | 66 | $33,030,360 | $365,125 | $500,460 |
| 89506 | Reno, NV 89506 | 42.5 mi | 149 | $78,199,968 | $516,250 | $524,832 |
| 89406 | Fallon, NV 89406 | 43.8 mi | 66 | $39,996,594 | $458,625 | $606,009 |
| 89440 | Virginia City, NV 89440 | 44.7 mi | 4 | $2,255,948 | $561,069 | $563,987 |
| 89509 | Reno, NV 89509 | 45.3 mi | 115 | $137,427,070 | $712,500 | $1,195,018 |
| 89519 | Reno, NV 89519 | 47.2 mi | 41 | $44,855,189 | $949,985 | $1,094,029 |
| 89523 | Reno, NV 89523 | 49.1 mi | 100 | $103,285,500 | $756,758 | $1,032,855 |
| 89511 | Reno, NV 89511 | 50.7 mi | 130 | $276,982,420 | $1,956,250 | $2,130,634 |
As of March 2026, there are 87 active listings in FERNLEY, NV (zip code 89408), compared to 115 the prior year.
The median listing price in FERNLEY, NV 89408 is $460,500 as of March 2026, a 9.1% increase from $421,995 the prior year.
Homes in FERNLEY, NV 89408 spend an average of 36 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FERNLEY, NV 89408 is currently a Seller's Market. Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in FERNLEY, NV 89408 save an estimated $9,210 compared to a typical 5% commission on the median listing price of $460,500. 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.