Population: 23,611 · Density: 19.6/mi² · Median household income: $84,104
Typical home value: $323,602 · Homeownership: 72.2%
Data as of January 2026. Source: Realtor.com.
The FERNLEY, NV real estate market (89408) currently shows 80 active listings, with 26 pending sales. Homes are averaging 100 days on the market before going under contract.
Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 100 days on market compared to 69 days last year.
The median listing price has risen 7.5% year-over-year, from $413,950 to $444,945.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89408 | Fernley, NV 89408 | 0.0 mi | 80 | $43,227,200 | $444,945 | $540,340 |
| 89429 | Silver Springs, NV 89429 | 28.3 mi | 13 | $7,104,370 | $544,500 | $546,490 |
| 89441 | Sparks, NV 89441 | 35.2 mi | 65 | $51,911,535 | $751,737 | $798,639 |
| 89403 | Dayton, NV 89403 | 40.1 mi | 95 | $52,025,515 | $489,450 | $547,637 |
| 89510 | Reno, NV 89510 | 40.6 mi | 5 | $6,123,900 | $1,400,000 | $1,224,780 |
| 89502 | Reno, NV 89502 | 41.4 mi | 56 | $27,128,528 | $399,750 | $484,438 |
| 89506 | Reno, NV 89506 | 42.5 mi | 137 | $68,942,921 | $489,950 | $503,233 |
| 89406 | Fallon, NV 89406 | 43.8 mi | 63 | $36,543,906 | $427,000 | $580,062 |
| 89440 | Virginia City, NV 89440 | 44.7 mi | 5 | $2,952,275 | $624,775 | $590,455 |
| 89509 | Reno, NV 89509 | 45.3 mi | 128 | $141,202,944 | $695,000 | $1,103,148 |
| 89519 | Reno, NV 89519 | 47.2 mi | 36 | $49,125,888 | $999,898 | $1,364,608 |
| 89523 | Reno, NV 89523 | 49.1 mi | 104 | $111,483,736 | $744,500 | $1,071,959 |
| 89511 | Reno, NV 89511 | 50.7 mi | 129 | $303,858,468 | $1,995,000 | $2,355,492 |
As of January 2026, there are 80 active listings in FERNLEY, NV (zip code 89408), compared to 107 the prior year.
The median listing price in FERNLEY, NV 89408 is $444,945 as of January 2026, a 7.5% increase from $413,950 the prior year.
Homes in FERNLEY, NV 89408 spend an average of 100 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FERNLEY, NV 89408 is currently a Balanced Market. Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 100 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in FERNLEY, NV 89408 save an estimated $8,899 compared to a typical 5% commission on the median listing price of $444,945. 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.