Goldfield appreciation rates and housing market information

Goldfield housing market information

With 403 people, 833 houses or apartments, and a median cost of homes of $86,895, house prices in Goldfield are some of the most affordable in Nevada as well as the nation.

mobile homes or trailers are the single most common housing type in Goldfield, accounting for 48.98% of the town's housing units. Other types of housing that are prevalent in Goldfield include single-family detached homes (31.93%), duplexes, homes converted to apartments, or other small apartment buildings (8.04%), and a few large apartment complexes or high rise apartments (6.48%).

Dwellings in Goldfield tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 74.79% of the homes in Goldfield have two or fewer bedrooms.

There is a lot of housing in Goldfield built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Goldfield built from 1940-1969 (27.13%). A lesser amount of the housing stock also hails from 1939 and earlier (11.65%), and some were built from 1995 and later (11.65%).

Goldfield home appreciation rates

In the last 10 years, Goldfield has experienced some of the highest home appreciation rates of any community in the nation. Goldfield real estate appreciated 128.18% over the last ten years, which is an average annual home appreciation rate of 12.81%, putting Goldfield in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Goldfield definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Goldfield appreciation rates have trailed the rest of the nation. In the last twelve months, Goldfield's appreciation rate has been -4.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Goldfield were at -0.34%, which equates to an annual appreciation rate of -1.36%.

Relative to Nevada, our data show that Goldfield's latest annual appreciation rate is higher than 93% of the other cities and towns in Nevada.