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Gardnerville, NV Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Gardnerville, NV Housing Market Trends

With a population of 6,211, 2,679 total housing units (homes and apartments), and a median house value of $456,965, Gardnerville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Gardnerville, accounting for 54.13% of the town's housing units. Other types of housing that are prevalent in Gardnerville include large apartment complexes or high rise apartments ( 17.20%), duplexes, homes converted to apartments or other small apartment buildings ( 13.12%), and a few mobile homes or trailers ( 11.22%).

The most prevalent building size and type in Gardnerville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 51.52% owning and 48.48% renting.

Gardnerville homes and real estate are some of the newest in America. 53.75% of Gardnerville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Gardnerville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.22%), and between 1940-1969 ( 3.76%). There's also some housing in Gardnerville built before 1939 ( 1.27%).

Gardnerville Home Appreciation Rates

In the last 10 years, Gardnerville has experienced some of the highest home appreciation rates of any community in the nation. Gardnerville real estate appreciated 153.65% over the last ten years, which is an average annual home appreciation rate of 9.75%, putting Gardnerville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Gardnerville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Gardnerville's appreciation rate, at 14.98%, has been at or slightly above the national average. In the latest quarter, Gardnerville's appreciation rate has been 4.32%, which annualizes to a rate of 18.44%.

Relative to Nevada, our data show that Gardnerville'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 town. Individual neighborhoods within Gardnerville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Gardnerville - 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 Gardnerville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$456,965

Gardnerville, NV HOME PRICES

> $1,516,000
$1,137,001 - $1,516,000
$758,001 - $1,137,000
$606,001 - $758,000
$455,001 - $606,000
$303,001 - $455,000
$151,001 - $303,000
$76,001 - $151,000
$0 - $76,000
0.0%
0.0%
0.0%
0.0%
2.3%
2.3%
19.3%
19.3%
35.1%
35.1%
15.3%
15.3%
20.8%
20.8%
4.6%
4.6%
2.4%
2.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for NV

Value Relative To Nation

Number Of Homes And Apartments:
2,679

Gardnerville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2022 Q2 - 2022 Q3
Last 12 Months:
2021 Q3 - 2022 Q3
Last 2 Years:
2020 Q3 - 2022 Q3
Last 5 Years:
2017 Q3 - 2022 Q3
Last 10 Years:
2012 Q3 - 2022 Q3
Since 2000:
2000 Q1 - 2022 Q3
169.50% 4.45%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,975 / per month

Homeownership Rate

Owners
Renters
Vacant
51.5%
51.5%
48.5%
48.5%
5.8%
5.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
53.7%
53.7%
41.2%
41.2%
3.8%
3.8%
1.3%
1.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
54.1%
54.1%
3.4%
3.4%
13.1%
13.1%
17.2%
17.2%
11.2%
11.2%
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.3%
3.3%
3.2%
3.2%
32.9%
32.9%
47.4%
47.4%
12.6%
12.6%
0.6%
0.6%
0.0% 100.0%
% OF HOMES