Fernley Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Fernley averaged 6.63% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.64% and one month ago for the week of 2024-10-10, the average rate was 5.77%.

    Fernley's average rate one year ago was 7.15%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Fernley 30 Year Fixed Rate 2024-11-14 6.63%
    Fernley 30 Year Fixed Rate Refi 2024-11-14 7.08%
    Fernley 15 Year Fixed Rate 2024-11-14 6.19%
    Fernley 15 Year Fixed Rate Refi 2024-11-14 6.09%
    Fernley 30 Year FHA 2024-11-14 0.02%
    Fernley 30 Year FHA Refi 2024-11-14 0%
    Fernley 30 Year USDA 2024-11-14 0.1%
    Fernley 30 Year USDA Refi 2024-11-14 0%
    Fernley 30 Year VA 2024-11-14 -0.08%
    Fernley 30 Year VA Refi 2024-11-14 -0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fernley, NV.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 72 6.69% $9,437
    DHI MORTGAGE COMPANY, LTD. 47 5.74% $3,163
    QUICKEN LOANS, LLC 39 6.56% $7,987
    EAGLE HOME MORTGAGE, LLC 38 5.42% $8,249
    UNITED WHOLESALE MORTGAGE, LLC 23 6.94% $6,639
    GREATER NEVADA LLC 19 6.12% $5,545
    SUMMIT FUNDING, INC. 16 6.52% $11,648
    CROSSCOUNTRY MORTGAGE, LLC 14 6.42% $7,141
    PRIMELENDING, A PLAINSCAPITAL COMPANY 13 6.88% $8,039
    BROKER SOLUTIONS, INC. 9 6.77% $8,802
    UNITED 8 6.41% $5,893
    AXIA FINANCIAL, LLC 8 6.36% $9,163
    U.S. Bank 7 6.64% $8,129
    MASON MCDUFFIE MORTGAGE CORPORATION 7 6.75% $7,862
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 6 6.35% $6,514
    PENNYMAC LOAN SERVICES, LLC 5 6.62% $6,359
    PREMIER MORTGAGE RESOURCES, L.L.C. 5 6.85% $11,527
    LOANDEPOT.COM, LLC 5 7.22% $4,625
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.98% $9,497
    Mr. Cooper ( Nationstar Mortgage ) 4 7.06% $8,487
    Wells Fargo Bank 4 7.00% $5,021
    Gateway First Bank 4 6.56% $6,179
    MOVEMENT MORTGAGE, LLC 4 6.37% $8,950
    INFINITY EQUITY GROUP, INC. 4 7.15% $6,180
    NFM, INC. 4 7.06% $7,134
    NAVY FEDERAL CREDIT UNION 3 6.50% $4,512
    TJC Mortgage, Inc. 3 7.04% $9,163
    AmeriHome Mortgage Company, LLC 3 7.29% $5,758
    Mortgage Research Center, LLC 3 6.96% $6,346
    CARDINAL FINANCIAL 3 6.46% $10,054
    CMG MORTGAGE, INC. 3 7.13% $10,566
    ISERVE RESIDENTIAL LENDING, LLC 3 6.71% $7,558
    BAY EQUITY LLC 3 6.21% $5,991
    AMERISAVE MORTGAGE CORPORATION 3 6.00% $12,578
    JPMorgan Chase Bank 3 6.33% $2,757
    ACADEMY MORTGAGE CORPORATION 2 6.31% $5,397
    American Mortgage & Equity Consultants, Inc. 2 6.00% $5,182
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.68% $8,759
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 7.25% $9,955
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.13% $4,153
    FREEDOM MORTGAGE CORPORATION 2 6.94% $10,977
    GUARANTEED RATE, INC. 2 6.33% $4,834
    MOUNTAIN AMERICA 2 5.94% $11,782
    Northpointe Bank 2 6.19% $3,793
    SYNERGY HOME MORTGAGE, LLC 2 7.06% $4,378
    USAA Federal Savings Bank 2 6.06% $3,858
    MORIA DEVELOPMENT, INC. 1 5.63% $22,118
    Ixonia Bank 1 6.13% $16,804
    AMERICAN FINANCIAL NETWORK, INC. 1 6.13% $10,764
    INTERNATIONAL CITY MORTGAGE, INC. 1 5.63% $2,422
    First Savings Bank 1 6.38% $19,542
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $7,637
    Nations Lending Corporation 1 7.63% $11,129
    FIRST COLONY MORTGAGE CORPORATION 1 7.25% $13,171
    NEWREZ LLC 1 7.13% $6,882
    DIGNIFIED HOME LOANS, LLC 1 6.49% $10,776
    AMERICA FIRST 1 7.75% $6,836
    Operating Engineers Local Union #3 1 5.63% $3,921
    DATA MORTGAGE, INC. 1 6.88% $5,503
    PINNACLE LENDING GROUP, INC. 1 6.99% $8,368
    Plains Commerce Bank 1 6.49% $8,922
    Platinum Home Mortgage Corporation 1 6.99% $7,071
    PLAZA HOME MORTGAGE, INC. 1 6.99% $10,499
    City National Bank 1 7.25% $3,288
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.88% $8,743
    BMO Harris Bank 1 7.13% $3,715
    Bank of the West 1 5.50% $9,722
    RBC Bank, (Georgia) 1 5.88% $2,029
    S1L, Inc. 1 6.50% $4,782
    SNAPFI, INC. 1 6.63% $3,828
    STAR ONE CREDIT UNION 1 6.38% $2,419
    Stifel Bank and Trust 1 6.75% $1,739
    Bank of America 1 6.13% $5,326
    SUN WEST MORTGAGE COMPANY, INC. 1 6.38% $12,064
    ZILLOW HOME LOANS, LLC 1 5.88% $10,632
    Axos Bank 1 5.75% $3,024
    Arvest Bank 1 6.63% $4,589
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.13% $4,782
    Zions Bank 1 5.38% $19,960
    LOANPAL, LLC 1 5.99% $12,451
    MANN FINANCIAL INC. 1 7.13% $11,301
    LEADERONE FINANCIAL CORPORATION 1 6.99% $3,970
    Morgan Stanley Private Bank 1 5.25% $2,841

    Fernley Average Closing Costs & Other Stats

    Fernley, NV's 83 lenders originated 1,417 loans during 2023. The total origination value was $378,695,000, with an average loan value of $267,251.

    Fernley's average closing costs are $6,626.

    The top Fernley lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 72 loans originated. Their average total fees are $9,437, which is $6,274 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

    The lowest fee Fernley lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($3,163), GREATER NEVADA LLC ($5,545), UNITED WHOLESALE MORTGAGE, LLC ($6,639), CROSSCOUNTRY MORTGAGE, LLC ($7,141) and QUICKEN LOANS, LLC ($7,987).

    The lowest rate Fernley lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.42%), DHI MORTGAGE COMPANY, LTD. (5.74%), GREATER NEVADA LLC (6.12%), CROSSCOUNTRY MORTGAGE, LLC (6.42%) and SUMMIT FUNDING, INC. (6.52%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    GUILD MORTGAGE COMPANY $103,790,000 $58,900,000 -43.3% 15.6%
    DHI MORTGAGE COMPANY, LTD. $13,700,000 $39,060,000 185.1% 10.3%
    UNITED WHOLESALE MORTGAGE, LLC $20,005,000 $23,845,000 19.2% 6.3%
    QUICKEN LOANS, LLC $46,405,000 $20,285,000 -56.3% 5.4%
    EAGLE HOME MORTGAGE, LLC $12,805,000 $17,505,000 36.7% 4.6%
    SUMMIT FUNDING, INC. $28,835,000 $15,270,000 -47.0% 4.0%
    CROSSCOUNTRY MORTGAGE, LLC $13,955,000 $14,650,000 5.0% 3.9%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $13,305,000 $11,845,000 -11.0% 3.1%
    Mortgage Research Center, LLC $17,140,000 $10,275,000 -40.1% 2.7%
    BROKER SOLUTIONS, INC. $12,275,000 $9,970,000 -18.8% 2.6%
    GREATER NEVADA LLC $20,535,000 $8,670,000 -57.8% 2.3%
    PENNYMAC LOAN SERVICES, LLC $9,375,000 $7,165,000 -23.6% 1.9%
    U.S. Bank $10,840,000 $6,915,000 -36.2% 1.8%
    UNITED $17,860,000 $6,425,000 -64.0% 1.7%
    PREMIER MORTGAGE RESOURCES, L.L.C. $3,750,000 $4,925,000 31.3% 1.3%
    AXIA FINANCIAL, LLC $2,865,000 $4,640,000 62.0% 1.2%
    Gateway First Bank $1,135,000 $4,500,000 296.5% 1.2%
    NAVY FEDERAL CREDIT UNION $6,695,000 $4,135,000 -38.2% 1.1%
    MASON MCDUFFIE MORTGAGE CORPORATION $4,455,000 $4,085,000 -8.3% 1.1%
    ISERVE RESIDENTIAL LENDING, LLC $8,915,000 $3,995,000 -55.2% 1.1%
    Equity Prime Mortgage LLC $1,675,000 $3,475,000 107.5% 0.9%
    CARDINAL FINANCIAL $6,470,000 $3,045,000 -52.9% 0.8%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $165,000 $2,865,000 1,636.4% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,195,000 $2,840,000 -32.3% 0.7%
    LOANDEPOT.COM, LLC $15,060,000 $2,830,000 -81.2% 0.7%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,720,000 $2,820,000 64.0% 0.7%
    NFM, INC. $1,800,000 $2,515,000 39.7% 0.7%
    TJC Mortgage, Inc. $625,000 $2,500,000 300.0% 0.7%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $4,970,000 $2,405,000 -51.6% 0.6%
    FREEDOM MORTGAGE CORPORATION $12,105,000 $2,285,000 -81.1% 0.6%
    MUTUAL OF OMAHA MORTGAGE, INC. $3,920,000 $2,270,000 -42.1% 0.6%
    American Mortgage & Equity Consultants, Inc. $2,245,000 n/a 0.6%
    AMERICAN FINANCIAL NETWORK, INC. $2,205,000 n/a 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $3,855,000 $2,015,000 -47.7% 0.5%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,130,000 $1,960,000 -8.0% 0.5%
    INFINITY EQUITY GROUP, INC. $1,125,000 $1,890,000 68.0% 0.5%
    Zions Bank $7,395,000 $1,745,000 -76.4% 0.5%
    GUARANTEED RATE, INC. $2,555,000 $1,695,000 -33.7% 0.4%
    AMERICA FIRST $1,030,000 $1,650,000 60.2% 0.4%
    MOUNTAIN AMERICA $2,355,000 $1,535,000 -34.8% 0.4%
    JPMorgan Chase Bank $1,805,000 $1,485,000 -17.7% 0.4%
    Bank of America $2,465,000 $1,460,000 -40.8% 0.4%
    LOANPAL, LLC $2,220,000 $1,420,000 -36.0% 0.4%
    CALCON MUTUAL MORTGAGE LLC $1,270,000 $1,415,000 11.4% 0.4%
    AMERISAVE MORTGAGE CORPORATION $6,430,000 $1,405,000 -78.1% 0.4%
    Northpointe Bank $9,220,000 $1,305,000 -85.8% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,935,000 $1,300,000 -32.8% 0.3%
    NEWREZ LLC $1,245,000 $1,280,000 2.8% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $1,150,000 n/a 0.3%
    Discover Bank $565,000 $1,135,000 100.9% 0.3%
    NEW DAY FINANCIAL, LLC $3,060,000 $1,135,000 -62.9% 0.3%
    BAY EQUITY LLC $4,240,000 $1,100,000 -74.1% 0.3%
    Wells Fargo Bank $7,115,000 $1,080,000 -84.8% 0.3%
    FINANCE OF AMERICA REVERSE LLC $2,590,000 $1,035,000 -60.0% 0.3%
    CMG MORTGAGE, INC. $275,000 $1,015,000 269.1% 0.3%
    USAA Federal Savings Bank $2,600,000 $1,005,000 -61.3% 0.3%
    Plains Commerce Bank $985,000 n/a 0.3%
    Carrington Mortgage Services, LLC $3,190,000 $975,000 -69.4% 0.3%
    OCMBC, INC. $880,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $9,570,000 $840,000 -91.2% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $825,000 n/a 0.2%
    LENDINGHOME FUNDING CORPORATION $830,000 $815,000 -1.8% 0.2%
    S1L, Inc. $760,000 n/a 0.2%
    Morgan Stanley Private Bank $735,000 n/a 0.2%
    First Savings Bank $725,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $720,000 $710,000 -1.4% 0.2%
    ACADEMY MORTGAGE CORPORATION $420,000 $685,000 63.1% 0.2%
    LAND HOME FINANCIAL SERVICES, INC. $135,000 $680,000 403.7% 0.2%
    LEADERONE FINANCIAL CORPORATION $275,000 $655,000 138.2% 0.2%
    MORIA DEVELOPMENT, INC. $655,000 n/a 0.2%
    DIGNIFIED HOME LOANS, LLC $360,000 $650,000 80.6% 0.2%
    Franklin Loan Corporation $640,000 n/a 0.2%
    PLANET HOME LENDING, LLC $530,000 $635,000 19.8% 0.2%
    Figure Lending LLC $595,000 $565,000 -5.0% 0.1%
    AmeriHome Mortgage Company, LLC $420,000 $555,000 32.1% 0.1%
    ALLIANT CREDIT UNION $535,000 n/a 0.1%
    SYNERGY HOME MORTGAGE, LLC $935,000 $530,000 -43.3% 0.1%
    MANN FINANCIAL INC. $1,850,000 $480,000 -74.1% 0.1%
    Nations Lending Corporation $1,850,000 $475,000 -74.3% 0.1%
    The Central Trust Bank $305,000 $475,000 55.7% 0.1%
    LONGBRIDGE FINANCIAL, LLC $1,315,000 $465,000 -64.6% 0.1%
    The Federal Savings Bank $2,285,000 $455,000 -80.1% 0.1%
    Bank of the West $450,000 $445,000 -1.1% 0.1%
    ON Q FINANCIAL, INC. $3,645,000 $435,000 -88.1% 0.1%
    PENTAGON FEDERAL CREDIT UNION $560,000 $420,000 -25.0% 0.1%
    21ST MORTGAGE CORPORATION $515,000 $415,000 -19.4% 0.1%
    PLAZA HOME MORTGAGE, INC. $535,000 $410,000 -23.4% 0.1%
    Ameris Bank $395,000 n/a 0.1%
    First National Bank $395,000 n/a 0.1%
    INTELLILOAN, INC. $395,000 n/a 0.1%
    OPEN MORTGAGE, LLC $390,000 n/a 0.1%
    Hometown Equity Mortgage, LLC $385,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $525,000 $385,000 -26.7% 0.1%
    GEORGIA'S OWN $370,000 n/a 0.1%
    Arvest Bank $365,000 n/a 0.1%
    City National Bank $365,000 n/a 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $1,835,000 $365,000 -80.1% 0.1%
    Ixonia Bank $355,000 n/a 0.1%
    RBC Bank, (Georgia) $355,000 n/a 0.1%
    GTE Federal Credit Union $350,000 n/a 0.1%
    FIRST COLONY MORTGAGE CORPORATION $345,000 n/a 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $345,000 n/a 0.1%
    SNAPFI, INC. $345,000 n/a 0.1%
    VAN DYK MORTGAGE CORPORATION $345,000 n/a 0.1%
    HighTechLending Inc $370,000 $340,000 -8.1% 0.1%
    BMO Harris Bank $335,000 n/a 0.1%
    Century Mortgage Company DBA Century Lending Company $510,000 $335,000 -34.3% 0.1%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $335,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $1,615,000 $335,000 -79.3% 0.1%
    Colonial Savings, F.A. $325,000 n/a 0.1%
    PANORAMA MORTGAGE GROUP, LLC $645,000 $325,000 -49.6% 0.1%
    STAR ONE CREDIT UNION $325,000 $325,000 0.0% 0.1%
    BETTER MORTGAGE CORPORATION $315,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $1,615,000 $315,000 -80.5% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $365,000 $305,000 -16.4% 0.1%
    CLEARPATH LENDING $2,670,000 $295,000 -89.0% 0.1%
    Axos Bank $285,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $1,605,000 $285,000 -82.2% 0.1%
    Platinum Home Mortgage Corporation $285,000 n/a 0.1%
    Flagstar Bank, FSB $1,160,000 $280,000 -75.9% 0.1%
    PINNACLE LENDING GROUP, INC. $265,000 n/a 0.1%
    MERIWEST $225,000 n/a 0.1%
    SPRING EQ, LLC $500,000 $220,000 -56.0% 0.1%
    PHH Mortgage Corporation $1,555,000 $215,000 -86.2% 0.1%
    DATA MORTGAGE, INC. $205,000 n/a 0.1%
    Fremont Bank $745,000 $205,000 -72.5% 0.1%
    LADERA LENDING, INC. $155,000 $205,000 32.3% 0.1%
    Operating Engineers Local Union #3 $595,000 $205,000 -65.5% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $4,260,000 $175,000 -95.9% 0.0%
    ALAMEDA MORTGAGE CORPORATION $265,000 $165,000 -37.7% 0.0%
    CHEVRON $105,000 $165,000 57.1% 0.0%
    PNC Bank $1,085,000 $165,000 -84.8% 0.0%
    HomeTrust Bank $130,000 n/a 0.0%
    LANTZMAN MANAGEMENT, INC. $125,000 n/a 0.0%
    Firefighters First Federal Credit Union $225,000 $105,000 -53.3% 0.0%
    First National Bank of America $105,000 n/a 0.0%
    INTERNATIONAL CITY MORTGAGE, INC. $105,000 n/a 0.0%
    First-Citizens Bank & Trust Company $75,000 n/a 0.0%
    Stifel Bank and Trust $640,000 $75,000 -88.3% 0.0%
    THRIVENT Federal Credit Union $75,000 n/a 0.0%
    Glacier Bank $2,405,000 $65,000 -97.3% 0.0%
    PREMIER AMERICA $65,000 n/a 0.0%
    Umpqua Bank $4,040,000 $65,000 -98.4% 0.0%
    Baxter Credit Union $35,000 $55,000 57.1% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
    SILVER STATE SCHOOLS SERVICE COMPANY, LLC $55,000 n/a 0.0%
    Bethpage Federal Credit Union $45,000 n/a 0.0%
    Washington Federal Bank $865,000 $35,000 -96.0% 0.0%
    Home Loan Investment Bank, F.S.B. $15,000 n/a 0.0%

    Fernley's top lender by overall market share is GUILD MORTGAGE COMPANY, with 15.6% market share. In second place, with 10.3%, is DHI MORTGAGE COMPANY, LTD., having originated $39,060,000 in loans. In third place, with 6.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $23,845,000 in loans. In fourth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $20,285,000 in loans. In fifth place, with 4.6%, is EAGLE HOME MORTGAGE, LLC, having originated $17,505,000 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%) $384,900 (3.0%) 0.00 219
    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%) $378,583 (-4.1%) 0.00 191
    2019-03-01 $330,729 (7.4%) $387,162 (-0.5%) 0.00 200
    2019-04-01 $338,500 (8.5%) $396,962 (-0.6%) 0.00 212
    2019-05-01 $338,380 (9.2%) $387,663 (-2.8%) 0.00 234
    2019-06-01 $339,759 (12.3%) $387,102 (-1.7%) 0.00 240
    2019-07-01 $340,000 (13.4%) $383,466 (-1.9%) 0.00 267
    2019-08-01 $337,695 (13.7%) $379,837 (-1.3%) 0.00 269
    2019-09-01 $334,239 (11.7%) $376,545 (0.7%) 0.00 266
    2019-10-01 $332,580 (11.4%) $375,364 (5.4%) 0.00 262
    2019-11-01 $339,000 (13.1%) $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 (2.1%) 0.00 183
    2020-03-01 $340,825 (3.1%) $389,000 (0.5%) 0.00 187
    2020-04-01 $329,975 (-2.5%) $380,850 (-4.1%) 0.00 203
    2020-05-01 $338,799 (0.1%) $398,957 (2.9%) 0.00 174
    2020-06-01 $351,225 (3.4%) $429,693 (11.0%) 0.00 161
    2020-07-01 $362,003 (6.5%) $430,266 (12.2%) 0.00 155
    2020-08-01 $364,900 (8.1%) $428,483 (12.8%) 0.00 134
    2020-09-01 $380,269 (13.8%) $450,941 (19.8%) 0.00 125
    2020-10-01 $359,900 (8.2%) $423,960 (13.0%) 0.00 120
    2020-11-01 $355,000 (4.7%) $431,449 (12.3%) 0.00 91
    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 $352,500 (3.7%) $430,285 (11.4%) 0.00 47
    2021-03-01 $332,450 (-2.5%) $436,655 (12.3%) 0.00 46
    2021-04-01 $362,475 (9.9%) $421,360 (10.6%) 0.00 77
    2021-05-01 $386,950 (14.2%) $449,503 (12.7%) 0.00 71
    2021-06-01 $414,900 (18.1%) $481,592 (12.1%) 0.00 68
    2021-07-01 $416,200 (15.0%) $503,526 (17.0%) 0.00 73
    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 (10.7%) 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 (24.3%) 0.00 90
    2022-03-01 $433,450 (30.4%) $535,949 (22.7%) 0.00 88
    2022-04-01 $446,000 (23.0%) $547,972 (30.1%) 0.00 115
    2022-05-01 $453,225 (17.1%) $547,941 (21.9%) 0.00 152
    2022-06-01 $439,950 (6.0%) $519,450 (7.9%) 0.00 193
    2022-07-01 $442,500 (6.3%) $514,861 (2.3%) 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 $400,000 (-4.7%) $484,208 (-8.2%) 0.00 215
    2023-02-01 $423,426 (-1.3%) $496,685 (-7.2%) 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
    2023-05-01 $436,747 (-3.6%) $516,932 (-5.7%) 0.00 147
    2023-06-01 $438,725 (-0.3%) $487,820 (-6.1%) 0.00 153
    2023-07-01 $447,500 (1.1%) $494,372 (-4.0%) 0.00 160
    2023-08-01 $439,923 (-0.9%) $494,380 (-1.9%) 0.00 162
    2023-09-01 $444,900 (3.4%) $503,804 (3.2%) 0.00 191
    2023-10-01 $435,250 (2.4%) $498,858 (1.7%) 0.00 187
    2023-11-01 $445,000 (4.5%) $497,395 (1.3%) 0.00 188
    2023-12-01 $435,000 (4.8%) $493,950 (6.5%) 0.00 166
    2024-01-01 $446,074 (11.5%) $500,223 (3.3%) 0.00 149
    2024-02-01 $447,245 (5.6%) $502,440 (1.2%) 0.00 140
    2024-03-01 $445,079 (2.3%) $500,436 (-0.9%) 0.00 146
    2024-04-01 $436,225 (1.5%) $485,683 (-5.9%) 0.00 133
    2024-05-01 $449,000 (2.8%) $504,146 (-2.5%) 0.00 157
    2024-06-01 $435,250 (-0.8%) $493,229 (1.1%) 0.00 189
    2024-07-01 $439,950 (-1.7%) $498,678 (0.9%) 0.00 208
    2024-08-01 $449,975 (2.3%) $511,388 (3.4%) 0.00 217
    2024-09-01 $446,495 (0.4%) $527,860 (4.8%) 0.00 201
    2024-10-01 $452,438 (4.0%) $531,205 (6.5%) 0.00 218
    Fernley's median listing price for 2024-10-01 was $452,438, a difference of $17,188 (4.0%) versus the prior year and $5,943 versus the prior month.

    Fernley's median listing price comes in at 0% of the national average.

    Fernley's average listing price for 2024-10-01 was $531,205, a difference of $32,347 (6.5%) versus the prior year and $3,345 versus the prior month.

    For the 2024-10-01 period, Fernley had 218 MLS listings, a difference of 17 listings (8%) versus the prior month and 31 listings (17%) 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 1,876 sqft
    2019-03-01 0 days 1,891 sqft
    2019-04-01 0 days 1,915 sqft
    2019-05-01 0 days 1,887 sqft
    2019-06-01 0 days 1,912 sqft
    2019-07-01 0 days 1,906 sqft
    2019-08-01 0 days 1,880 sqft
    2019-09-01 0 days 1,841 sqft
    2019-10-01 0 days 1,814 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 1,795 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 1,800 sqft
    2020-12-01 0 days 1,752 sqft
    2021-01-01 0 days 1,663 sqft
    2021-02-01 0 days 1,665 sqft
    2021-03-01 0 days 1,606 sqft
    2021-04-01 0 days 1,675 sqft
    2021-05-01 0 days 1,708 sqft
    2021-06-01 0 days 1,824 sqft
    2021-07-01 0 days 1,844 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
    2023-05-01 0 days 1,802 sqft
    2023-06-01 0 days 1,825 sqft
    2023-07-01 0 days 1,850 sqft
    2023-08-01 0 days 1,823 sqft
    2023-09-01 0 days 1,839 sqft
    2023-10-01 0 days 1,834 sqft
    2023-11-01 0 days 1,817 sqft
    2023-12-01 0 days 1,911 sqft
    2024-01-01 0 days 1,905 sqft
    2024-02-01 0 days 1,932 sqft
    2024-03-01 0 days 1,903 sqft
    2024-04-01 0 days 1,872 sqft
    2024-05-01 0 days 1,856 sqft
    2024-06-01 0 days 1,815 sqft
    2024-07-01 0 days 1,781 sqft
    2024-08-01 0 days 1,815 sqft
    2024-09-01 0 days 1,820 sqft
    2024-10-01 0 days 1,828 sqft
    Fernley's median listing age (time on market) for 2024-10-01 was 0 days.

    Fernley's median square footage for active listings during the 2024-10-01 period was 1,828 sqft. One year prior, the average listing was 1,834 sqft.

    Fernley, NV Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 965 $310,085,000 $321,332
    Cash Out Refi 171 $36,685,000 $214,532
    Other 114 $9,120,000 $80,000
    Home Improvement 103 $9,965,000 $96,748
    Refi 63 $12,715,000 $201,825
    NA 1 $125,000 $125,000

    Fernley's most frequently cited loan purpose was Home Purchase, with 965 originations. The 2nd most popular reason was Cash Out Refi, with 171 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 457 $139,815,000 $305,941
    5-6% 332 $112,710,000 $339,488
    7-8% 304 $85,210,000 $280,296
    Over 8% 236 $23,850,000 $101,059
    <2.5% 38 $870,000 $22,895
    4-5% 35 $13,725,000 $392,143
    3-4% 13 $2,485,000 $191,154

    During 2023, Fernley's most frequently originated rate bucket was 6-7%, with 457 originations.

    Loan Sizing (Fernley, NV MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 731 $229,165,000 $313,495
    $100,000 or less 291 $14,805,000 $50,876
    $400k-600k 210 $95,290,000 $453,762
    $100k-200k 163 $24,315,000 $149,172
    $600k-1000k 21 $13,985,000 $665,952
    $Over $1MM 1 $1,135,000 $1,135,000

    Fernley's loan sizing saw the bucket of loans from $200k-400k with 731 originations, totaling $229,165,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 656 $238,590,000 $363,704
    Under 20% 243 $11,495,000 $47,305
    60-80% 218 $68,300,000 $313,303
    40-60% 150 $31,990,000 $213,267
    20-40% 108 $12,350,000 $114,352
    Over 100% 35 $14,005,000 $400,143

    Fernley's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 656 originations, totaling $238,590,000 in origination value.