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Home values, rents and more in ZIP code 89408 (Fernley, NV)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$406,000
Metro: $392,000 · U.S.: $366,000
Home values, past year
+4.3%
Metro: +2.8% · U.S.: +1.2%
Typical rent
$2,028/mo
Metro: $1,621 · U.S.: $1,932
Rents, past year
+5.7%
U.S.: +2.9%
Population
24,564
ACS 2020–24
Median household income
$89,552
Metro: $79,163 · U.S.: $80,734
ZIP codes around 89408, shaded by typical home value89408894068942489429894428940389437
  • Under $370k
  • $370k–$410k
  • $410k–$470k
  • $470k–$680k
  • $680k+
  • No data
ZIP codes around 89408, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 89408 is outlined.

How 89408 compares

The typical home in ZIP code 89408 (Fernley, NV) is worth about $406,000, according to the Zillow Home Value Index for September 2026. Home values in 89408 are 4% above the typical value in the Fallon metro area ($392,000) and 11% above the U.S. typical value ($366,000).

Over the past year, home values in 89408 rose 4.3%, compared with +2.8% in the Fallon metro area and +1.2% nationally.

Typical rent is $2,028 a month (Zillow Observed Rent Index), 25% above the Fallon metro area ($1,621) and 5% above the U.S. ($1,932). Rents rose 5.7% over the past year.

The median household income is $89,552, against $79,163 in the Fallon metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 24,564 people live in 89408 (American Community Survey 2020–24).

89408 has the 61st-lowest typical home value of the 133 ZIP codes in Nevada with Zillow figures.

Part of: Fernley, NV · Churchill County, NV · Fallon metro area · Nevada

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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