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 9,070 people, 3,873 houses or apartments, and a median cost of homes of $928,013, Incline Village house prices are not only among the most expensive in Nevada, Incline Village real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Incline Village, accounting for 49.00% of the town's housing units. Other types of housing that are prevalent in Incline Village include row houses and other attached homes ( 23.89%), large apartment complexes or high rise apartments ( 13.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Incline Village. Owner-occupied housing accounts for 67.41% of Incline Village's homes, and 64.72% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Incline Village 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 Incline Village built between 1940-1969 ( 17.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.01%).
A decent proportion of the Incline Village housing stock is seasonally occupied. That is, homes and condos in Incline Village are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Incline Village housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in Incline Village have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.56%, which ranks in the top 50% nationwide. This equates to an annual average Incline Village house appreciation rate of 0.35%.
Appreciation rates are so strong in Incline Village that despite a nationwide downturn in the housing market, Incline Village real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Incline Village appreciation rates continue to be some of the highest in America, at 8.10%, which is higher than appreciation rates in 87.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Incline Village. Incline Village appreciation rates in the latest quarter were at 1.96%, which equates to an annual appreciation rate of 8.05%.
Importantly, this makes Incline Village one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Nevada, our data show that Incline Village's latest annual appreciation rate is lower than 70% 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 Incline Village differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Incline Village - 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 Incline Village real estate investment or home purchase decisions.
|$991,001 - $1,322,000||22.2|
|$661,001 - $991,000||20.7|
|$529,001 - $661,000||10.2|
|$396,001 - $529,000||9.1|
|$265,001 - $396,000||10.7|
|$132,001 - $265,000||3.0|
|$66,001 - $132,000||0.0|
|$0 - $66,000||0.7|
|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 Incline Village HOMES|
|2000 or Newer||8.0|
|1970 - 1999||74.2|
|1940 - 1969||17.7|
|1939 or Older||0.1|
|TYPE OF Incline Village HOMES|
|Small Apt. Buildings||12.0|
|SIZE OF Incline Village HOMES|
|5 or more bedrooms||6.79|