Home Insurance in Fernley, Nevada
The median home value in Fernley is $366,700, close to the Lyon County median.
The typical home in Fernley was built around 2001. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 2% of homes were built before 1960, about 4 points below Lyon County's 6%.
The housing stock in Fernley is 78% single-family homes, 5% apartments in buildings with 5+ units and 9% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Fernley, about 72% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Fernley has an owner-occupancy rate of 72% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.
77% of homes in Fernley are primarily heated with natural gas.
FEMA rates Lyon County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). Lyon County had 349 active NFIP flood policies as of September 2026. See the full Lyon County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Nevada carries a statewide average premium of $1,013 per year.
Key figures
| Median home value | $366,700 |
|---|---|
| Median year built | 2001 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 72% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Lyon County | 349 |
| Home insurance premium | $1,013 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)