Fernley, NV metro area Housing Market Brief
metro · NV · as of August 2026
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.
Where is Fernley, NV metro area in its market cycle?
Fernley, NV metro area is classified as Emerging — early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Fernley, NV metro area?
Our model forecasts Fernley, NV metro area’s home prices to rise about 3.4% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Fernley, NV metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $441K | ▲ +7% |
| Median Days on Market | 51 days | ▲ +24.4% |
| Months of Supply | 2.5 | ▼ -30.6% |
| Homes for Sale | 236 | ▼ -15.1% |
| Homes Sold | 96 | ▲ +21.5% |
| Median Price / Sq Ft | $264 | ▲ +0.3% |
How has Fernley, NV metro area’s Alpha Score moved?
Markets like Fernley, NV metro area
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- Morgantown, WV metro area, WVmetro51
- Farmington, NM metro area, NMmetro36
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Frequently asked questions
Is Fernley, NV metro area a buyer's or seller's market?
As of August 2026, Fernley, NV metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, inventory, affordability, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Fernley, NV metro area?
The median sale price in Fernley, NV metro area is $441K, having risen 7% over the past year.
How affordable is Fernley, NV metro area?
Fernley, NV metro area scores 12 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 (12/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
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.