Fernley home prices continued to rise through June while homes sold quickly and available inventory remained limited, according to a market update presented to the Fernley Builders Association on July 8.
Michelle Barney, who also serves as president of the Fernley Chamber of Commerce, presented data from the Northern Nevada Regional Multiple Listing Service. She said the median sales price for a single-family home in Fernley was $425,000 in June, up 2.4% from June 2025 but down 1.6% from May.
The market recorded 38 closed sales during the month, a 2.7% increase from a year earlier and a 35.7% jump from May.
Homes reached contract in a median of 10 days, compared with a considerably longer period a year ago. Sellers received a median of 100.2% of their list price, while the median sale price per square foot reached $258.
Fernley had 54 active listings at the end of June, representing about 1.4 months of housing supply.
The figures point to a market that remains competitive despite higher interest rates and affordability concerns. Barney cautioned, however, that list-price figures do not capture all of the concessions builders or sellers may provide to complete a sale.
Those incentives can include interest-rate assistance, appliances, landscaping and other buyer-specific concessions.
Barney said the MLS does not currently provide a reliable way to measure those incentives and asked builders to consider sharing information that could be included in future market reports.
“We’re getting very close to the price,” Barney said of the relationship between list prices and sale prices, while acknowledging that concessions may affect the true economics of the transaction.
Year-to-date figures showed a median Fernley sales price of $419,900 through June, up 5% from $399,900 during the same period in 2025.
There were 197 closed sales during the first half of the year, down 4.8% from 207 a year earlier.
The year-to-date median time to contract fell from 28 days to 12 days.
The median price per square foot increased from $243 to $251, while new listings declined 17.3%, from 284 during the first half of 2025 to 235 this year.
Barney also offered preliminary figures on newly built homes, saying county records appeared to show 41 new homes sold between Jan. 1 and June 30. Those homes had an average sale price of approximately $523,000 and averaged about 2,122 square feet.
She cautioned that the new-construction report was still being developed and asked builders to help verify the numbers.
Members also discussed growing interest in attached single-family homes, duplexes and multifamily housing and asked whether those categories could be tracked separately in future reports.
Following the market report, Fernley Builders Association Vice President Derek Kirkland outlined several priorities being followed by the association’s Government Affairs Committee.
Kirkland said the association is working toward a formal partnership with the Builders Association of Northern Nevada. The groups are discussing a memorandum of understanding that would define how they could work together and what each organization would receive from the partnership.
He said the larger association could give Fernley builders more influence at the state level and provide experience addressing development problems already encountered in Reno and Sparks.
Kirkland identified sewer, water, transportation and electrical capacity as the most pressing barriers facing new development in Fernley.
“Almost every project I know that I’ve worked on has had some sort of infrastructure issue,” he said.
Those problems can require multimillion-dollar improvements, delay projects and ultimately contribute to higher housing costs, Kirkland said. The city does not have enough money to independently correct every deficiency, making cooperation among government agencies, developers and builders necessary.
The association plans to become more involved in the city’s infrastructure planning, participate in public meetings and support grant applications and lobbying efforts for priority projects.
Kirkland said the immediate need is for builders and developers to review new plans, submit comments and take part in public hearings.
He also said the association is watching whether limited fire district resources could begin delaying or preventing development approvals.
Kirkland described similar problems in the Reno area, where projects were sometimes burdened with expensive conditions intended to address fire-service concerns. He said such conditions can slow development and add costs, particularly when requirements are not practical or legally enforceable.
The association also plans to follow upcoming elections, potentially interview candidates and work with the Fernley Chamber of Commerce on candidate events.
Members were encouraged to submit questions and issues they want the Government Affairs Committee to raise with candidates.
Building Official Charity Birkel reported that the city received 51 building applications in June and issued 45 permits, collecting about $49,000 in permit fees.
The department completed 628 inspections, including six business-license inspections, and had no disaster-assessment callouts during the month.
Birkel said code enforcement has become an increasingly large part of the department’s workload.
The city received 132 complaints in June and had logged 618 cases since the beginning of January. In previous years, she said, the city received about 660 complaints over an entire 12-month period.
A revised version is expected to return for further public discussion. (See expanded code enforcement story on page xxx.)
Mayor Neal McIntyre briefly updated builders on recent changes at City Hall.
He said Barry Williams has been named chief operating officer and will oversee city operations.
The city is continuing its search for a chief development officer who would oversee planning, building and engineering functions.
McIntyre said dividing responsibility between senior officials could provide more focused oversight than relying on one city manager to supervise all city departments.
He also noted that Ward 3 remains without representation while litigation involving the vacant council seat continues.
Kirkland said the builders association expects to become more active in city planning and infrastructure discussions over the next six months to a year.
“We’re at a critical time,” he said. “This group is going to become more and more involved and play a much bigger role in some of these issues.”
Fernley housing by the numbers
June 2026
- Median sales price: $425,000
- Closed sales: 38
- Median days to contract: 10
- Median list price received: 100.2%
- Median sale price per square foot: $258
- New listings: 46
- Active inventory: 54
- Months of inventory: 1.4
Year to date
- Median sales price: $419,900
- Closed sales: 197
- Median days to contract: 12
- Median list price received: 99.8%
- Median sale price per square foot: $251
- New listings: 235
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