Fernley Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Fernley averaged
6.24%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
5.96% and
one month ago for the week of 2023-04-20, the
average rate was 5.96%.
Fernley's average rate one year ago was 5.02%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.59%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Fernley 30 Year Fixed Rate | 2023-05-25 | 6.24% |
| Fernley 30 Year Fixed Rate Refi | 2023-05-25 | 5.59% |
| Fernley 15 Year Fixed Rate | 2023-05-25 | 5.87% |
| Fernley 15 Year Fixed Rate Refi | 2023-05-25 | 6.47% |
| Fernley 30 Year FHA | 2023-05-25 | 6.21% |
| Fernley 30 Year FHA Refi | 2023-05-25 | 6.61% |
| Fernley 30 Year USDA | 2023-05-25 | 6.53% |
| Fernley 30 Year USDA Refi | 2023-05-25 | 6.83% |
| Fernley 30 Year VA | 2023-05-25 | 5.92% |
| Fernley 30 Year VA Refi | 2023-05-25 | 6.21% |
Fernley Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Fernley, NV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Fernley Average Closing Costs & Other Stats
Fernley, NV's 116 lenders originated 2,242
loans during 2022. The total origination value was $619,720,000, with an average loan value of
$276,414.
Fernley's average closing costs are $6,332.
The top Fernley lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
157 loans originated. Their average total fees are
$7,938, which is $613
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Fernley lenders (with over 10 loans originated) are
GREATER NEVADA LLC ($3,913), DHI MORTGAGE COMPANY, LTD. ($4,406), Wells Fargo Bank ($4,922), CALIBER HOME LOANS, INC. ($4,980) and UNITED WHOLESALE MORTGAGE, LLC ($5,290).
The lowest rate Fernley lenders (with over 10 loans originated) are
AMERISAVE MORTGAGE CORPORATION (3.63%), DHI MORTGAGE COMPANY, LTD. (4.15%), LOANDEPOT.COM, LLC (4.24%), GREATER NEVADA LLC (4.32%) and PENNYMAC LOAN SERVICES, LLC (4.34%).
Fernley, NV Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $187,550,000 | $103,790,000 | -44.7% | 16.7% |
| QUICKEN LOANS, LLC | $114,420,000 | $46,405,000 | -59.4% | 7.5% |
| SUMMIT FUNDING, INC. | $53,955,000 | $28,835,000 | -46.6% | 4.7% |
| GREATER NEVADA LLC | $39,055,000 | $20,535,000 | -47.4% | 3.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $28,925,000 | $20,005,000 | -30.8% | 3.2% |
| UNITED | $18,040,000 | $17,860,000 | -1.0% | 2.9% |
| Mortgage Research Center, LLC | $21,230,000 | $17,140,000 | -19.3% | 2.8% |
| LOANDEPOT.COM, LLC | $34,830,000 | $15,060,000 | -56.8% | 2.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $15,315,000 | $13,955,000 | -8.9% | 2.3% |
| DHI MORTGAGE COMPANY, LTD. | $13,700,000 | n/a | 2.2% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $23,595,000 | $13,305,000 | -43.6% | 2.1% |
| EAGLE HOME MORTGAGE, LLC | $20,500,000 | $12,805,000 | -37.5% | 2.1% |
| BROKER SOLUTIONS, INC. | $35,520,000 | $12,275,000 | -65.4% | 2.0% |
| FREEDOM MORTGAGE CORPORATION | $41,365,000 | $12,105,000 | -70.7% | 2.0% |
| U.S. Bank | $17,040,000 | $10,840,000 | -36.4% | 1.7% |
| MOVEMENT MORTGAGE, LLC | $15,115,000 | $9,570,000 | -36.7% | 1.5% |
| PENNYMAC LOAN SERVICES, LLC | $23,850,000 | $9,375,000 | -60.7% | 1.5% |
| Northpointe Bank | $11,615,000 | $9,220,000 | -20.6% | 1.5% |
| ISERVE RESIDENTIAL LENDING, LLC | $19,060,000 | $8,915,000 | -53.2% | 1.4% |
| Zions Bancorporation, N.A. | $6,075,000 | $7,395,000 | 21.7% | 1.2% |
| Wells Fargo Bank | $20,855,000 | $7,115,000 | -65.9% | 1.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $29,285,000 | $7,060,000 | -75.9% | 1.1% |
| CALIBER HOME LOANS, INC. | $7,760,000 | $6,965,000 | -10.2% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $11,930,000 | $6,695,000 | -43.9% | 1.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $8,550,000 | $6,470,000 | -24.3% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $15,530,000 | $6,430,000 | -58.6% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $8,775,000 | $5,265,000 | -40.0% | 0.8% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $9,705,000 | $4,970,000 | -48.8% | 0.8% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $3,940,000 | $4,455,000 | 13.1% | 0.7% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $5,160,000 | $4,260,000 | -17.4% | 0.7% |
| BAY EQUITY LLC | $7,755,000 | $4,240,000 | -45.3% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $13,600,000 | $4,195,000 | -69.2% | 0.7% |
| AMERICAN ADVISORS GROUP | $5,025,000 | $4,185,000 | -16.7% | 0.7% |
| Umpqua Bank | $7,965,000 | $4,040,000 | -49.3% | 0.7% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $9,690,000 | $3,920,000 | -59.5% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $13,920,000 | $3,855,000 | -72.3% | 0.6% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,250,000 | $3,750,000 | 200.0% | 0.6% |
| ON Q FINANCIAL, INC. | $2,200,000 | $3,645,000 | 65.7% | 0.6% |
| Hometown Lenders, Inc. | $4,225,000 | $3,200,000 | -24.3% | 0.5% |
| Carrington Mortgage Services, LLC | $6,070,000 | $3,190,000 | -47.4% | 0.5% |
| NEW DAY FINANCIAL, LLC | $5,545,000 | $3,060,000 | -44.8% | 0.5% |
| AXIA FINANCIAL, LLC | $6,275,000 | $2,865,000 | -54.3% | 0.5% |
| CLEARPATH LENDING | $7,685,000 | $2,670,000 | -65.3% | 0.4% |
| USAA Federal Savings Bank | $4,995,000 | $2,600,000 | -47.9% | 0.4% |
| FINANCE OF AMERICA REVERSE LLC | $1,225,000 | $2,590,000 | 111.4% | 0.4% |
| GUARANTEED RATE, INC. | $5,895,000 | $2,555,000 | -56.7% | 0.4% |
| Bank of America | $3,685,000 | $2,465,000 | -33.1% | 0.4% |
| Glacier Bank | $700,000 | $2,405,000 | 243.6% | 0.4% |
| MOUNTAIN AMERICA | $2,815,000 | $2,355,000 | -16.3% | 0.4% |
| The Federal Savings Bank | $6,325,000 | $2,285,000 | -63.9% | 0.4% |
| LOANPAL, LLC | $3,860,000 | $2,220,000 | -42.5% | 0.4% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $450,000 | $2,130,000 | 373.3% | 0.3% |
| Mechanics Bank | $6,005,000 | $2,005,000 | -66.6% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $6,060,000 | $1,935,000 | -68.1% | 0.3% |
| NBKC BANK | $2,255,000 | $1,890,000 | -16.2% | 0.3% |
| MANN FINANCIAL INC. | $2,465,000 | $1,850,000 | -24.9% | 0.3% |
| Nations Lending Corporation | $3,120,000 | $1,850,000 | -40.7% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $5,675,000 | $1,835,000 | -67.7% | 0.3% |
| JPMorgan Chase Bank | $5,100,000 | $1,805,000 | -64.6% | 0.3% |
| NFM, INC. | $1,800,000 | n/a | 0.3% | |
| Low VA Rates, LLC | $3,305,000 | $1,755,000 | -46.9% | 0.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $7,755,000 | $1,720,000 | -77.8% | 0.3% |
| Pacific Premier Bank | $1,705,000 | n/a | 0.3% | |
| Equity Prime Mortgage LLC | $1,555,000 | $1,675,000 | 7.7% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $2,425,000 | $1,615,000 | -33.4% | 0.3% |
| ZILLOW HOME LOANS, LLC | $2,095,000 | $1,615,000 | -22.9% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $1,710,000 | $1,605,000 | -6.1% | 0.3% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,040,000 | $1,595,000 | 53.4% | 0.3% |
| PHH Mortgage Corporation | $675,000 | $1,555,000 | 130.4% | 0.3% |
| Magnolia Bank | $235,000 | $1,460,000 | 521.3% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $4,940,000 | $1,335,000 | -73.0% | 0.2% |
| Sierra Pacific Mortgage Company, Inc. | $13,010,000 | $1,325,000 | -89.8% | 0.2% |
| LONGBRIDGE FINANCIAL, LLC | $930,000 | $1,315,000 | 41.4% | 0.2% |
| BNC National Bank | $1,295,000 | n/a | 0.2% | |
| CALCON MUTUAL MORTGAGE LLC | $5,940,000 | $1,270,000 | -78.6% | 0.2% |
| Commerce Home Mortgage, Inc. | $2,010,000 | $1,270,000 | -36.8% | 0.2% |
| Watermark Capital, Inc. | $905,000 | $1,250,000 | 38.1% | 0.2% |
| NEWREZ LLC | $6,335,000 | $1,245,000 | -80.3% | 0.2% |
| Flagstar Bank, FSB | $5,385,000 | $1,160,000 | -78.5% | 0.2% |
| Gateway First Bank | $2,620,000 | $1,135,000 | -56.7% | 0.2% |
| INFINITY EQUITY GROUP, INC. | $815,000 | $1,125,000 | 38.0% | 0.2% |
| PNC Bank | $2,725,000 | $1,085,000 | -60.2% | 0.2% |
| AMERICA FIRST | $1,575,000 | $1,030,000 | -34.6% | 0.2% |
| AMERICAN FINANCING CORPORATION | $700,000 | $1,015,000 | 45.0% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $955,000 | $1,000,000 | 4.7% | 0.2% |
| RESIDENTIAL BANCORP. | $3,680,000 | $975,000 | -73.5% | 0.2% |
| SYNERGY HOME MORTGAGE, LLC | $4,715,000 | $935,000 | -80.2% | 0.2% |
| ONE NEVADA CREDIT UNION | $275,000 | $905,000 | 229.1% | 0.1% |
| Washington Federal Bank | $615,000 | $865,000 | 40.7% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $960,000 | $830,000 | -13.5% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $820,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $800,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $780,000 | $770,000 | -1.3% | 0.1% |
| Fremont Bank | $680,000 | $745,000 | 9.6% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $420,000 | $720,000 | 71.4% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $645,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $325,000 | $640,000 | 96.9% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $7,280,000 | $630,000 | -91.3% | 0.1% |
| TJC Mortgage, Inc. | $335,000 | $625,000 | 86.6% | 0.1% |
| Figure Lending LLC | $635,000 | $595,000 | -6.3% | 0.1% |
| Operating Engineers Local Union #3 | $1,400,000 | $595,000 | -57.5% | 0.1% |
| Quontic Bank | $585,000 | n/a | 0.1% | |
| Discover Bank | $270,000 | $565,000 | 109.3% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $440,000 | $560,000 | 27.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $660,000 | $560,000 | -15.2% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $535,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $2,070,000 | $530,000 | -74.4% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $790,000 | $525,000 | -33.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $835,000 | $515,000 | -38.3% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $510,000 | n/a | 0.1% | |
| WESCOM CENTRAL CREDIT UNION | $505,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $35,000 | $500,000 | 1,328.6% | 0.1% |
| EVERETT FINANCIAL, INC. | $700,000 | $480,000 | -31.4% | 0.1% |
| SOFI LENDING CORP. | $730,000 | $480,000 | -34.2% | 0.1% |
| Bank of England | $475,000 | n/a | 0.1% | |
| INTERCAP LENDING INC. | $325,000 | $455,000 | 40.0% | 0.1% |
| Bank of the West | $1,655,000 | $450,000 | -72.8% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $435,000 | n/a | 0.1% | |
| ANGEL OAK HOME LOANS LLC | $1,525,000 | $425,000 | -72.1% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $350,000 | $420,000 | 20.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $420,000 | n/a | 0.1% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $245,000 | $415,000 | 69.4% | 0.1% |
| HOME FUNDING CORPORATION | $415,000 | n/a | 0.1% | |
| UNIVERSAL MORTGAGE & FINANCE, INC. | $760,000 | $405,000 | -46.7% | 0.1% |
| BEST CAPITAL FUNDING | $395,000 | n/a | 0.1% | |
| LOGIX FEDERAL CREDIT UNION | $45,000 | $385,000 | 755.6% | 0.1% |
| HighTechLending Inc | $165,000 | $370,000 | 124.2% | 0.1% |
| Bank of the Pacific | $365,000 | n/a | 0.1% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $2,015,000 | $365,000 | -81.9% | 0.1% |
| HAMILTON HOME LOANS, INC. | $365,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $365,000 | n/a | 0.1% | |
| Texana Bank | $365,000 | n/a | 0.1% | |
| V.I.P. MORTGAGE, INC. | $365,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $360,000 | n/a | 0.1% | |
| DIGNIFIED HOME LOANS, LLC | $1,410,000 | $360,000 | -74.5% | 0.1% |
| MLD MORTGAGE INC. | $355,000 | n/a | 0.1% | |
| Cf Bank | $345,000 | n/a | 0.1% | |
| Greenbox Loans, Inc. | $175,000 | $345,000 | 97.1% | 0.1% |
| Wolfe Financial, Inc | $8,460,000 | $345,000 | -95.9% | 0.1% |
| MORTGAGE MANAGEMENT CONSULTANTS, INC. | $335,000 | n/a | 0.1% | |
| Amerifirst Financial, Inc. | $305,000 | $325,000 | 6.6% | 0.1% |
| GENEVA FINANCIAL, LLC | $2,625,000 | $325,000 | -87.6% | 0.1% |
| STAR ONE CREDIT UNION | $175,000 | $325,000 | 85.7% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $740,000 | $315,000 | -57.4% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $305,000 | n/a | 0.0% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $305,000 | n/a | 0.0% | |
| The Central Trust Bank | $305,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $405,000 | $295,000 | -27.2% | 0.0% |
| KeyBank | $275,000 | $295,000 | 7.3% | 0.0% |
| Chickasaw Community Bank | $530,000 | $285,000 | -46.2% | 0.0% |
| North American Savings Bank, F.S.B. | $1,515,000 | $285,000 | -81.2% | 0.0% |
| CMG MORTGAGE, INC. | $4,265,000 | $275,000 | -93.6% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $305,000 | $275,000 | -9.8% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,370,000 | $275,000 | -79.9% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $1,500,000 | $275,000 | -81.7% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $1,830,000 | $265,000 | -85.5% | 0.0% |
| ADVANCIAL | $255,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $345,000 | $255,000 | -26.1% | 0.0% |
| The Union Bank Company | $255,000 | n/a | 0.0% | |
| Grand Bank for Savings, FSB | $245,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $225,000 | n/a | 0.0% | |
| First Bank | $225,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $295,000 | $220,000 | -25.4% | 0.0% |
| CANOPY MORTGAGE, LLC | $1,175,000 | $205,000 | -82.6% | 0.0% |
| M&T Bank | $135,000 | $195,000 | 44.4% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,950,000 | $175,000 | -91.0% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| LADERA LENDING, INC. | $3,420,000 | $155,000 | -95.5% | 0.0% |
| Valley National Bank | $155,000 | n/a | 0.0% | |
| Florida Capital Bank | $135,000 | n/a | 0.0% | |
| LAND HOME FINANCIAL SERVICES, INC. | $635,000 | $135,000 | -78.7% | 0.0% |
| UNIVERSITY CREDIT UNION | $125,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $300,000 | $110,000 | -63.3% | 0.0% |
| CHEVRON | $285,000 | $105,000 | -63.2% | 0.0% |
| FIRST TECHNOLOGY | $105,000 | n/a | 0.0% | |
| Great Basin Federal Credit Union | $625,000 | $105,000 | -83.2% | 0.0% |
| AFFINITY | $85,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $75,000 | n/a | 0.0% | |
| LOS ANGELES POLICE Federal Credit Union | $115,000 | $55,000 | -52.2% | 0.0% |
| INOVA FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| Baxter Credit Union | $125,000 | $35,000 | -72.0% | 0.0% |
| GREAT LAKES | $35,000 | n/a | 0.0% |
Fernley's top lender by overall market share is GUILD MORTGAGE COMPANY, with 16.7% market share. In second place, with 7.5%, is QUICKEN LOANS, LLC, having originated $46,405,000 in loans. In third place, with 4.7%, is SUMMIT FUNDING, INC., having originated $28,835,000 in loans. In fourth place, with 3.3%, is GREATER NEVADA LLC, having originated $20,535,000 in loans. In fifth place, with 3.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $20,005,000 in loans.
Fernley Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Fernley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $303,578 (13.4%) | $378,413 (17.9%) | 0.00 | 195 |
| 2018-02-01 | $310,950 (15.4%) | $394,669 (18.9%) | 0.00 | 163 |
| 2018-03-01 | $307,900 (10.7%) | $389,243 (16.4%) | 0.00 | 170 |
| 2018-04-01 | $312,104 (11.5%) | $399,396 (12.9%) | 0.00 | 164 |
| 2018-05-01 | $309,890 (3.9%) | $398,655 (6.2%) | 0.00 | 170 |
| 2018-06-01 | $302,450 (1.3%) | $393,861 (5.8%) | 0.00 | 189 |
| 2018-07-01 | $299,900 (-4.8%) | $390,705 (2.6%) | 0.00 | 215 |
| 2018-08-01 | $297,000 (-2.0%) | $385,199 (3.0%) | 0.00 | 220 |
| 2018-09-01 | $299,250 (0.1%) | $373,931 (0.9%) | 0.00 | 245 |
| 2018-10-01 | $298,500 (-0.4%) | $356,183 (-3.4%) | 0.00 | 248 |
| 2018-11-01 | $299,625 (1.6%) | $354,725 (0.6%) | 0.00 | 221 |
| 2018-12-01 | $300,000 (3.5%) | $371,852 (3.7%) | 0.00 | 208 |
| 2019-01-01 | $304,950 (0.5%) | $370,293 (-2.2%) | 0.00 | 197 |
| 2019-02-01 | $322,425 (3.7%) | $378,693 (-4.1%) | 0.00 | 191 |
| 2019-03-01 | $325,000 (5.6%) | $385,435 (-1.0%) | 0.00 | 186 |
| 2019-04-01 | $339,000 (8.6%) | $397,537 (-0.5%) | 0.00 | 214 |
| 2019-05-01 | $338,630 (9.3%) | $388,234 (-2.6%) | 0.00 | 235 |
| 2019-06-01 | $339,830 (12.4%) | $387,538 (-1.6%) | 0.00 | 241 |
| 2019-07-01 | $340,000 (13.4%) | $383,926 (-1.7%) | 0.00 | 268 |
| 2019-08-01 | $341,991 (15.2%) | $382,458 (-0.7%) | 0.00 | 277 |
| 2019-09-01 | $334,975 (11.9%) | $376,522 (0.7%) | 0.00 | 249 |
| 2019-10-01 | $333,371 (11.7%) | $375,597 (5.5%) | 0.00 | 263 |
| 2019-11-01 | $339,450 (13.3%) | $384,322 (8.3%) | 0.00 | 241 |
| 2019-12-01 | $334,250 (11.4%) | $380,317 (2.3%) | 0.00 | 217 |
| 2020-01-01 | $334,900 (9.8%) | $383,125 (3.5%) | 0.00 | 188 |
| 2020-02-01 | $340,000 (5.5%) | $386,339 (2.0%) | 0.00 | 183 |
| 2020-03-01 | $340,825 (4.9%) | $389,000 (0.9%) | 0.00 | 187 |
| 2020-04-01 | $331,200 (-2.3%) | $382,156 (-3.9%) | 0.00 | 204 |
| 2020-05-01 | $338,799 (0.1%) | $398,957 (2.8%) | 0.00 | 174 |
| 2020-06-01 | $351,225 (3.4%) | $429,693 (10.9%) | 0.00 | 161 |
| 2020-07-01 | $362,003 (6.5%) | $430,266 (12.1%) | 0.00 | 155 |
| 2020-08-01 | $364,900 (6.7%) | $428,483 (12.0%) | 0.00 | 134 |
| 2020-09-01 | $380,269 (13.5%) | $450,941 (19.8%) | 0.00 | 125 |
| 2020-10-01 | $359,900 (8.0%) | $423,960 (12.9%) | 0.00 | 120 |
| 2020-11-01 | $354,975 (4.6%) | $431,070 (12.2%) | 0.00 | 90 |
| 2020-12-01 | $347,537 (4.0%) | $425,064 (11.8%) | 0.00 | 74 |
| 2021-01-01 | $334,900 (0.0%) | $426,023 (11.2%) | 0.00 | 63 |
| 2021-02-01 | $352,488 (3.7%) | $426,567 (10.4%) | 0.00 | 46 |
| 2021-03-01 | $332,000 (-2.6%) | $430,112 (10.6%) | 0.00 | 45 |
| 2021-04-01 | $360,000 (8.7%) | $421,360 (10.3%) | 0.00 | 77 |
| 2021-05-01 | $386,950 (14.2%) | $511,136 (28.1%) | 0.00 | 72 |
| 2021-06-01 | $414,913 (18.1%) | $540,478 (25.8%) | 0.00 | 69 |
| 2021-07-01 | $418,500 (15.6%) | $528,882 (22.9%) | 0.00 | 74 |
| 2021-08-01 | $423,725 (16.1%) | $492,547 (15.0%) | 0.00 | 112 |
| 2021-09-01 | $427,500 (12.4%) | $500,405 (11.0%) | 0.00 | 118 |
| 2021-10-01 | $419,000 (16.4%) | $483,274 (14.0%) | 0.00 | 150 |
| 2021-11-01 | $418,750 (18.0%) | $477,405 (10.8%) | 0.00 | 155 |
| 2021-12-01 | $419,000 (20.6%) | $497,695 (17.1%) | 0.00 | 125 |
| 2022-01-01 | $419,900 (25.4%) | $527,266 (23.8%) | 0.00 | 108 |
| 2022-02-01 | $429,000 (21.7%) | $534,931 (25.4%) | 0.00 | 90 |
| 2022-03-01 | $433,450 (30.6%) | $535,949 (24.6%) | 0.00 | 88 |
| 2022-04-01 | $446,000 (23.9%) | $547,972 (30.1%) | 0.00 | 115 |
| 2022-05-01 | $453,225 (17.1%) | $547,941 (7.2%) | 0.00 | 152 |
| 2022-06-01 | $439,950 (6.0%) | $519,450 (-3.9%) | 0.00 | 193 |
| 2022-07-01 | $442,500 (5.7%) | $514,861 (-2.7%) | 0.00 | 254 |
| 2022-08-01 | $443,725 (4.7%) | $504,173 (2.4%) | 0.00 | 287 |
| 2022-09-01 | $430,241 (0.6%) | $488,131 (-2.5%) | 0.00 | 316 |
| 2022-10-01 | $425,000 (1.4%) | $490,338 (1.5%) | 0.00 | 304 |
| 2022-11-01 | $426,000 (1.7%) | $490,839 (2.8%) | 0.00 | 279 |
| 2022-12-01 | $415,000 (-1.0%) | $463,883 (-6.8%) | 0.00 | 247 |
| 2023-01-01 | $399,999 (-4.7%) | $484,482 (-8.1%) | 0.00 | 215 |
| 2023-02-01 | $422,213 (-1.6%) | $496,028 (-7.3%) | 0.00 | 188 |
| 2023-03-01 | $435,248 (0.4%) | $505,042 (-5.8%) | 0.00 | 164 |
| 2023-04-01 | $430,000 (-3.6%) | $515,834 (-5.9%) | 0.00 | 147 |
Fernley's median listing price comes in at 0% of the national average.
Fernley's average listing price for 2023-04-01 was $515,834, a difference of $-32,138 (-5.9%) versus the prior year and $10,792 versus the prior month.
For the 2023-04-01 period, Fernley had 147 MLS listings, a difference of -17 listings (-10%) versus the prior month and 32 listings (28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Fernley (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,930 sqft |
| 2018-02-01 | 0 days | 1,997 sqft |
| 2018-03-01 | 0 days | 1,930 sqft |
| 2018-04-01 | 0 days | 1,930 sqft |
| 2018-05-01 | 0 days | 1,912 sqft |
| 2018-06-01 | 0 days | 1,850 sqft |
| 2018-07-01 | 0 days | 1,826 sqft |
| 2018-08-01 | 0 days | 1,822 sqft |
| 2018-09-01 | 0 days | 1,815 sqft |
| 2018-10-01 | 0 days | 1,825 sqft |
| 2018-11-01 | 0 days | 1,830 sqft |
| 2018-12-01 | 0 days | 1,844 sqft |
| 2019-01-01 | 0 days | 1,832 sqft |
| 2019-02-01 | 0 days | 1,882 sqft |
| 2019-03-01 | 0 days | 1,930 sqft |
| 2019-04-01 | 0 days | 1,908 sqft |
| 2019-05-01 | 0 days | 1,897 sqft |
| 2019-06-01 | 0 days | 1,913 sqft |
| 2019-07-01 | 0 days | 1,907 sqft |
| 2019-08-01 | 0 days | 1,880 sqft |
| 2019-09-01 | 0 days | 1,858 sqft |
| 2019-10-01 | 0 days | 1,818 sqft |
| 2019-11-01 | 0 days | 1,877 sqft |
| 2019-12-01 | 0 days | 1,870 sqft |
| 2020-01-01 | 0 days | 1,837 sqft |
| 2020-02-01 | 0 days | 1,835 sqft |
| 2020-03-01 | 0 days | 1,870 sqft |
| 2020-04-01 | 0 days | 1,797 sqft |
| 2020-05-01 | 0 days | 1,814 sqft |
| 2020-06-01 | 0 days | 1,917 sqft |
| 2020-07-01 | 0 days | 1,946 sqft |
| 2020-08-01 | 0 days | 1,864 sqft |
| 2020-09-01 | 0 days | 1,968 sqft |
| 2020-10-01 | 0 days | 1,860 sqft |
| 2020-11-01 | 0 days | 1,799 sqft |
| 2020-12-01 | 0 days | 1,752 sqft |
| 2021-01-01 | 0 days | 1,663 sqft |
| 2021-02-01 | 0 days | 1,664 sqft |
| 2021-03-01 | 0 days | 1,595 sqft |
| 2021-04-01 | 0 days | 1,675 sqft |
| 2021-05-01 | 0 days | 1,722 sqft |
| 2021-06-01 | 0 days | 1,841 sqft |
| 2021-07-01 | 0 days | 1,850 sqft |
| 2021-08-01 | 0 days | 1,838 sqft |
| 2021-09-01 | 0 days | 1,903 sqft |
| 2021-10-01 | 0 days | 1,786 sqft |
| 2021-11-01 | 0 days | 1,749 sqft |
| 2021-12-01 | 0 days | 1,747 sqft |
| 2022-01-01 | 0 days | 1,750 sqft |
| 2022-02-01 | 0 days | 1,718 sqft |
| 2022-03-01 | 0 days | 1,713 sqft |
| 2022-04-01 | 0 days | 1,768 sqft |
| 2022-05-01 | 0 days | 1,851 sqft |
| 2022-06-01 | 0 days | 1,821 sqft |
| 2022-07-01 | 0 days | 1,846 sqft |
| 2022-08-01 | 0 days | 1,814 sqft |
| 2022-09-01 | 0 days | 1,749 sqft |
| 2022-10-01 | 0 days | 1,749 sqft |
| 2022-11-01 | 0 days | 1,786 sqft |
| 2022-12-01 | 0 days | 1,755 sqft |
| 2023-01-01 | 0 days | 1,753 sqft |
| 2023-02-01 | 0 days | 1,797 sqft |
| 2023-03-01 | 0 days | 1,807 sqft |
| 2023-04-01 | 0 days | 1,797 sqft |
Fernley's median square footage for active listings during the 2023-04-01 period was 1,797 sqft. One year prior, the average listing was 1,768 sqft.
Fernley, NV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,186 | $388,930,000 | $327,934 |
| Cash Out Refi | 582 | $158,120,000 | $271,684 |
| Refi | 232 | $51,460,000 | $221,810 |
| Home Improvement | 148 | $13,540,000 | $91,486 |
| Other | 94 | $7,670,000 | $81,596 |
Fernley's most frequently cited loan purpose was Home Purchase, with 1,186 originations. The 2nd most popular reason was Cash Out Refi, with 582 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 596 | $175,140,000 | $293,859 |
| 4-5% | 583 | $172,935,000 | $296,630 |
| 5-6% | 526 | $152,150,000 | $289,259 |
| 6-7% | 221 | $58,185,000 | $263,281 |
| 2.5-3% | 118 | $32,220,000 | $273,051 |
| <2.5% | 72 | $9,970,000 | $138,472 |
| 7-8% | 72 | $13,840,000 | $192,222 |
| Over 8% | 52 | $5,220,000 | $100,385 |
During 2022, Fernley's most frequently originated rate bucket was 3-4%, with 596 originations.
Loan Sizing (Fernley, NV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,278 | $388,720,000 | $304,163 |
| $100k-200k | 370 | $56,150,000 | $151,757 |
| $400k-600k | 301 | $137,555,000 | $456,993 |
| $100,000 or less | 268 | $13,890,000 | $51,828 |
| $600k-1000k | 20 | $13,460,000 | $673,000 |
| $Over $1MM | 5 | $9,945,000 | $1,989,000 |
Fernley's loan sizing saw the bucket of loans from $200k-400k with 1,278 originations, totaling $388,720,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 873 | $308,625,000 | $353,522 |
| 60-80% | 566 | $172,070,000 | $304,011 |
| 40-60% | 317 | $73,935,000 | $233,233 |
| Under 20% | 233 | $12,115,000 | $51,996 |
| 20-40% | 180 | $25,260,000 | $140,333 |
| Over 100% | 61 | $25,035,000 | $410,410 |
Fernley's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 873 originations, totaling $308,625,000 in origination value.