Data as of September 2026. Source: Realtor.com.
The FERNLEY, NV real estate market (89408) currently shows 100 active listings, with 48 pending sales. Homes are averaging 47 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 47 days on market compared to 50 days last year.
The median listing price has risen 1.2% year-over-year, from $429,725 to $435,000.
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 September 2026, there are 100 active listings in FERNLEY, NV (zip code 89408), compared to 128 the prior year.
The median listing price in FERNLEY, NV 89408 is $435,000 as of September 2026, a 1.2% increase from $429,725 the prior year.
Homes in FERNLEY, NV 89408 spend an average of 47 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of September 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 47 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in FERNLEY, NV 89408 save an estimated $8,700 compared to a typical 5% commission on the median listing price of $435,000. 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.