Is Fernley, NV 89408 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Fernley is a seller’s market. With about 2.4 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score64/ 100

More competitive than 67% of U.S. ZIP codes, and #1 of 100 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.4Under 4 months = seller’s market

Sold above original list28.7%Share of sales, last 3 months

Median sale-to-list99.6%Sold price ÷ list price

Median days on market38Listing to accepted offer

Median price per sq ft$259▲ +8.1% vs. last year

Run the numbers for 89408

Prefilled for 89408Can I win this house?Multiple-offer likelihood for a listing Prefilled for 89408Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Fallon 89406Seller’s market $256 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology