Fernley, NV has a median housing value of $346,700, which is slightly higher than the US median housing value of $338,100. The US house appreciation rate over the past year was 8.27%, but in Fernley it was only 4.72%. This means that there has been less of an increase in home values in Fernley compared to the rest of the country. Nonetheless, the housing market remains strong and continues to be a desirable location for people looking to purchase a home.
The median home cost in Fernley is $346,700. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fernley is up 12.6%.
Average Age of Homes
- The median age of Fernley real estate is 16 years old
The Rental Market in Fernley
- Renters make up 31.2% of the Fernley population
- 2.1% of houses and apartments in Fernley, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.