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Fernley, NV Foreclosures

How much do homes sell for in Fernley, NV?
The average home price is currently $469,862.
In Fernley, NV, how many homes are available?
There are currently 8 active home listings available in Fernley.
What’s the average rental cost in Fernley, NV?
The average rental price in Fernley is $1,256.
What is the most expensive home in Fernley?
The most expensive home sold in Fernley had a price of $41,304,658.
What is currently the cheapest priced home in Fernley, NV?
The cheapest home for sale in Fernley is priced at $12,480.

Living in Fernley, NV

Fernley, NV is a charming city known for its welcoming community and access to outdoor activities. With affordability at the forefront, Fernley is ideal for families and individuals seeking a blend of rural and urban living. The city is just a short drive from Reno, offering a perfect location for those who enjoy recreational and cultural experiences.

Current Market Conditions in Fernley, NV

Fernley's real estate market has been experiencing steady growth, with home prices remaining relatively affordable compared to national averages. The demand for housing has increased due to people relocating from more expensive areas, contributing to a competitive market for buyers.

Recent trends indicate that the market is favoring sellers, with homes often receiving multiple offers shortly after they are listed. Despite rising prices, the area continues to attract buyers looking for affordable alternatives in the Nevada region.

Home Value Estimator For Fernley, NV

There are currently 9,093 real estate properties in Fernley, NV, with a median automated valuation model (AVM) price of $383,091.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fernley, NV, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fernley, NV, is $469,862.00, with the most expensive house in Fernley, NV, topping out at $41,304,658.00 and the cheapest home in Fernley, NV, clocking in at $12,480.00. In other words, there’s something for every potential homebuyer or savvy investor in Fernley, NV!

Rent Prices In Fernley, NV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fernley, NV, is on a rollercoaster ride. The average rent price in Fernley, NV, is $1,256.00. Indeed, when looking to rent in Fernley, NV, you can expect to pay as little as $610.00 or as much as $4,200.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Fernley, NV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fernley, NV Search Results


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