New - 1 day on Rocket
$4,749 Closing Credit¹
Mary Gurczynski, Listing Office: BHG Drakulich Realty
Fernley Housing Market Report December 2024•Lyon County, Nevada
Housing Prices in Fernley, NV
How much do homes in Fernley, NV cost?
Housing Market Conditions
Is Fernley, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fernley is a Seller's Market
Difference Since December 2023
Since last year, Fernley has remained a Seller's Market.
Insight
Fernley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$386,490$240/SqFt
+$12,490
+3.3%
Based on all homes sold in the last 12 months
Insight
Homes in Fernley have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Fernley was $386,490 in December 2024, up 3.3% from last year, and the median price per square foot was $240.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Silver Springs | $330K | $357.5K | +8.3% |
| Fernley | $374K | $386.4K | +3.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $289K | $300K | +3.8% |
| 33 Bedrooms | $362.8K | $377.5K | +4.0% |
| 44 Bedrooms | $410K | $427.3K | +4.2% |
| 55+ Bedrooms | $614.9K | $700K | +13.8% |
Summary: Fernley housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.8%. The home price for 3 bedroom homes increased by +4.0%. The home price for 4 bedroom homes increased by +4.2%. The home price for 5 bedroom homes increased by +13.8%.
Housing supply in Fernley, NV
How many homes are available in Fernley, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 138Last MonthDec 2024 | ||
| 1452 months agoNov 2024 | -4.8 % Change MoMNov – Dec |
Summary: The Fernley real estate market had 138 homes for sale in Dec 2024, a 4.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthDec 2024 | ||
| 322 months agoNov 2024 | +9.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 106 | 102 | -3.8% |
| 44 Bedrooms | 31 | 29 | -6.5% |
| 55+ Bedrooms | 5 | 4 | -20.0% |
Summary: Fernley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -3.8%. The inventory for 4 bedroom homes decreased by -6.5%. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in Fernley, NV cost?
Over Asking Price10 Homes
At Asking Price9 Homes
Under Asking Price16 Homes
Insight
If you're buying a home in Fernley, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Fernley in December 2024, up by 9.4% month-over-month. Of the 35 sold homes, 46% were sold under asking, 26% were sold at asking, and and 29% were sold over asking.
Days on Market for Fernley, NV
How long does it take to sell a home in Fernley, NV?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days16 Homes
Over 90 Days19 Homes
Insight
Most homes in Fernley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 35 homes were sold in Fernley; 0% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 54% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 114 DaysThis YearDec 2024 | ||
| 111 Days1 year agoDec 2023 | +2.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Fernley had an average listing age of 114 days in Dec 2024, up by 2.8% compared to the previous year.
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Newest Listings in Fernley, NV
What homes are available in Fernley, NV?
New - 1 day on Rocket
$8,431 Closing Credit¹
Jason Rowe, Listing Office: Keller Williams Group One Inc.
New - 2 days on Rocket
$4,453 Closing Credit¹
Michelle Barney, Listing Office: Nevada Prime Real Estate LLC
New - 3 days on Rocket
Eric Stanger, Listing Office: RE/MAX Traditions
New - 3 days on Rocket
Eric Stanger, Listing Office: RE/MAX Traditions
New - 3 days on Rocket
$5,284 Closing Credit¹
Chris Yochum, Listing Office: Dickson Realty - Caughlin
New - 3 days on Rocket
Kristin Ryan, Listing Office: Dickson Realty - Caughlin
New - 4 days on Rocket
$5,158 Closing Credit¹
Cheyenne Harder, Listing Office: Jenuane Communities
New - 4 days on Rocket
$5,225 Closing Credit¹
Cheyenne Harder, Listing Office: Jenuane Communities
New - 4 days on Rocket
$2,968 Closing Credit¹
Wesley Pittman, Listing Office: TrueNest Properties
New - 6 days on Rocket
$5,700 Closing Credit¹
Hadley Faught, Listing Office: eXp Realty, LLC
New - 6 days on Rocket
$5,284 Closing Credit¹
Skye Long, Listing Office: Nevada Prime Real Estate LLC
Nearby markets
Nearby markets aren't available for Fernley, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, and Greater Las Vegas MLS for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Northern Nevada Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:56:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.