Fernley, NV — Momentum Score, Home Values & Best-For

All states·Nevada·Fernley

Lyon County · Fallon · population 25,508

Growing fast
OverviewCost of livingMoving guide
View watchlist →
68
Rising
Momentum score · 0–100

Where Fernley stands

Population growing 2.7% per year. rents up 5.8% in the last year.

Median home $398,489
1-year +1.2%
5-yr CAGR +3.7%
vs 5-yr peak -4.2%
Population +2.7%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-07$398k$178k$263k$348k$432k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
97/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,718/mo$1,251$1,538$1,824202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent120129100120202220242026

Rent vs buy

Price-to-rent ratio: 19.3
Lean buy

At a 19.3 price-to-rent ratio, Fernley is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
56 · w22%
Home 5-yr CAGR
57 · w22%
Distance from peak
65 · w18%
Population growth
87 · w16%
Rent YoY
84 · w12%
Home 10-yr CAGR
79 · w10%
Long thesis

Fernley has held up across the cycle: home values at $398,489 with +3.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Fernley's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Fernley

Fernley is a city in Lyon County, Nevada, with an estimated population of 25,508. It anchors the Fallon metro area. The population has grown 2.7% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Fernley is $398,489 as of 2026-04, up 1.2% over the last 12 months. Over the last five years, home values have averaged +3.7% annual growth (-4.2% from the 5-year peak). Rents in Fernley average $1,718 per month, up 5.8% year-over-year. The composite momentum score is 68 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●People are voting with their feet: population growing 2.7% per year since 2020 — that’s faster than ~80% of US cities.
●Hot rental market: rents up 5.8% YoY — landlords have pricing power, supports new investment math.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Lyon County right now.

NWS active alerts (NV)Nevada Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Lyon County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Fernley

Elko, NV64 · RisingSparks, NV62 · RisingFallon, NV71 · RisingMesquite, NV62 · Rising

Run the numbers for Fernley

ToolCan I afford Fernley?Income → city shortlistToolROI on a Fernley rentalCap rate, cash-on-cash, DSCRToolCompare Fernley to anywhereSide-by-side up to 3 citiesToolFernley cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
45° / 24°
avg high / low
Summer (Jul)
91° / 60°
avg high / low
Sunny days/yr
252
~69% of year
Annual precip
9″ rain
6″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
High
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Fernley listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Fallon area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
38%
Very dry climate
Median household income
$71,600
Nevada state median
Top industries (state-level)
Tourism/GamingMiningLogistics

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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