Fernley Mortgage Rates & Closing Costs

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 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.27% and one month ago for the week of 2024-03-07, the average rate was 6.43%.

Fernley's average rate one year ago was 5.83%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.18%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Fernley 30 Year Fixed Rate 2024-04-11 6.63%
Fernley 30 Year Fixed Rate Refi 2024-04-11 7.18%
Fernley 15 Year Fixed Rate 2024-04-11 6.06%
Fernley 15 Year Fixed Rate Refi 2024-04-11 6.06%
Fernley 30 Year FHA 2024-04-11 6.46%
Fernley 30 Year FHA Refi 2024-04-11 6.84%
Fernley 30 Year USDA 2024-04-11 6.91%
Fernley 30 Year USDA Refi 2024-04-11 6.51%
Fernley 30 Year VA 2024-04-11 6.49%
Fernley 30 Year VA Refi 2024-04-11 6.37%
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
Fernley's median listing price for 2024-03-01 was $445,079, a difference of $9,831 (2.3%) versus the prior year and $-2,166 versus the prior month.

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

Fernley's average listing price for 2024-03-01 was $500,436, a difference of $-4,606 (-0.9%) versus the prior year and $-2,004 versus the prior month.

For the 2024-03-01 period, Fernley had 146 MLS listings, a difference of 6 listings (4%) versus the prior month and -18 listings (-11%) 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
Fernley's median listing age (time on market) for 2024-03-01 was 0 days.

Fernley's median square footage for active listings during the 2024-03-01 period was 1,903 sqft. One year prior, the average listing was 1,807 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.