89408 — Fernley, NV Home Values
Typical home value $403,466 as of June 2026 · 3rd of 6 in Fernley, NV
Blue: typical home value (Zillow ZHVI) in ZIP code 89408, June 2021 to June 2026. This page shows observed data only; no forecast.
How 89408 compares in the Fernley, NV area
ZIP code 89408 (Fernley, NV) has a typical home value of $403,466 as of June 2026, ranking 3rd of 6 ZIP codes tracked in the Fernley, NV area, more expensive than about 67% of ZIP codes in the metro. Prices here have moved +2.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.3%, from $352,967 in June 2021 to $403,466 in June 2026. Against observed rent, the typical home here sells for 17.8× the annual rent ($1,891/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Fernley, NV forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Fernley.
Population and demographics
ZIP code 89408 has a population of 24,025, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.4% White, 18.3% Hispanic or Latino, 6.3% two or more races, 1.7% American Indian or Alaska Native, 1.5% Asian, 1.4% Black or African American, 0.3% another race, and 0.2% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| East Valley Elementary School | 4180 Farm District Road, Fernley, NV | 9.3 mi |
| Silverland Middle School | 1100 Jasmine Lane, Fernley, NV | 11.5 mi |
| Cottonwood Elementary School | 925 Farm District Road, Fernley, NV | 13 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 89408?
$403,466 as of June 2026, the latest month Zillow has published observed data for.
Is 89408 an expensive ZIP code in the Fernley, NV area?
89408 ranks 3rd of 6 ZIP codes in the Fernley, NV area by typical home value, more expensive than about 67% of ZIP codes in the metro.
How much have home values in 89408 changed over the past year?
+2.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 89408?
The typical home price is 17.8× the observed annual rent in this ZIP code ($1,891/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 89408?
24,025, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 89408?
East Valley Elementary School (9.3 mi), Silverland Middle School (11.5 mi), Cottonwood Elementary School (13 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 89408?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Fernley, NV forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.