Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 54,521, 21,594 total housing units (homes and apartments), and a median house value of $263,991, Carson City real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Carson City, accounting for 55.27% of the city's housing units. Other types of housing that are prevalent in Carson City include large apartment complexes or high rise apartments ( 21.88%), mobile homes or trailers ( 10.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.03%).
The most prevalent building size and type in Carson City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.00% owning and 46.00% renting.
There is a lot of housing in Carson City built from 1970 to 1999 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 Carson City built between 1940-1969 ( 16.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.23%). There's also some housing in Carson City built before 1939 ( 1.18%).
Carson City's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Carson City during the period has been just -1.69%, which is lower than 80% of US communities.
Appreciation rates are so strong in Carson City that despite a nationwide downturn in the housing market, Carson City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Carson City appreciation rates continue to be some of the highest in America, at 13.38%, which is higher than appreciation rates in 98.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Carson City. Carson City appreciation rates in the latest quarter were at 3.05%, which equates to an annual appreciation rate of 12.79%.
Importantly, NeighborhoodScout’s exclusive research found that Carson City's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Nevada, our data show that Carson City's latest annual appreciation rate is higher than 60% of the other cities and towns in Nevada.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Carson City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Carson City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Carson City real estate investment or home purchase decisions.
|$1,103,001 - $1,471,000||0.4|
|$735,001 - $1,103,000||1.9|
|$588,001 - $735,000||4.6|
|$441,001 - $588,000||9.8|
|$294,001 - $441,000||24.7|
|$147,001 - $294,000||37.7|
|$73,001 - $147,000||9.5|
|$0 - $73,000||11.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Carson City HOMES|
|2000 or Newer||12.2|
|1970 - 1999||69.7|
|1940 - 1969||16.9|
|1939 or Older||1.2|
|TYPE OF Carson City HOMES|
|Small Apt. Buildings||8.0|
|SIZE OF Carson City HOMES|
|5 or more bedrooms||1.44|