54Alpha

Fernley, NV metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Fernley, NV metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+11.276
Inventory Health25%
+17.776
Affordability20%
14
Economic Strength20%
No data
50
Rental Yield15%
47

Where is Fernley, NV metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Fernley, NV metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Fernley, NV metro area housing market data

MetricValueYoY
Median Sale Price$440K▲ +5.8%
Median Days on Market45 days-16.7%
Months of Supply2.4-22.6%
Homes for Sale186-30.1%
Homes Sold76-10.6%
Median Price / Sq Ft$265▲ +4.5%
Sale-to-List Ratio98.9%-0.2%

How has Fernley, NV metro area’s Alpha Score moved?

Now: 54
3-period trend
Median sale price · 12 mo

Markets like Fernley, NV metro area

Frequently asked questions

Is Fernley, NV metro area a buyer's or seller's market?

As of May 2026, Fernley, NV metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Fernley, NV metro area?

The median sale price in Fernley, NV metro area is $440K, having risen 5.8% over the past year.

How affordable is Fernley, NV metro area?

Fernley, NV metro area scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Fernley, NV metro area's Alpha Score?

Fernley, NV metro area's strongest dimension is Price Momentum (76/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Fernley, NV metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.