Zip 89408 (Fernley, NV) Housing

The housing market in 89408 Fernley, NV is a great investment. The median value of houses in this area is currently $364,600, which is well above the US median value of houses at $338,100. While the US house appreciation rate over the last year was 8.27%, Fernley homes have seen an appreciation rate of 4.72%. This suggests that now may be the ideal time to invest in property in this area and start to see returns on your investment moving forward.

The median home cost in Fernley (zip 89408) is $364,600. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Fernley (zip 89408) is up 12.6%.

Average Age of Homes

- The median age of Fernley (zip 89408) real estate is 16 years old

The Rental Market in Fernley (zip 89408)

- Renters make up 31.1% of the Fernley (zip 89408) population
- 2.0% of houses and apartments in Fernley (zip 89408), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fernley, Nevada	United States
	8,519.0	139,647,020.0
	21	42
	$364,600	$338,100
	12.6%	16.6%
	69.4%	57.0%
	200.5%	101.1%
	$6.49	$10.98
	$1,823	$2,690
	70.2%	57.4%
	5.5%	11.2%
	24.3%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	2.4%	2.4%
	1.6%	2.8%
	1.6%	3.9%
	1.4%	4.5%
	5.2%	11.3%
	10.9%	13.0%
	33.5%	20.1%
	30.4%	13.6%
	5.8%	8.3%
	5.8%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	44.7%	13.6%
	44.7%	13.6%
	22.2%	13.6%
	13.8%	13.2%
	9.2%	14.8%
	22.2%	13.6%
	1.1%	10.0%
	0.9%	4.7%
	0.1%	12.2%

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