Minden, 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 Q1 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

Minden, NV Housing Market Trends

With 3,442 people, 1,390 houses or apartments, and a median cost of homes of $540,530, Minden house prices are not only among the most expensive in Nevada, Minden 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 Minden, accounting for 82.81% of the town's housing units. Other types of housing that are prevalent in Minden include duplexes, homes converted to apartments or other small apartment buildings ( 8.11%), row houses and other attached homes ( 7.00%), and a few large apartment complexes or high rise apartments ( 2.08%).

The most prevalent building size and type in Minden are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.66% owning and 39.34% renting.

There is a lot of housing in Minden 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 Minden built between 2000 and later ( 29.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.76%). There's also some housing in Minden built before 1939 ( 3.37%).

Minden Home Appreciation Rates

In the last 10 years, Minden has experienced some of the highest home appreciation rates of any community in the nation. Minden real estate appreciated 144.98% over the last ten years, which is an average annual home appreciation rate of 9.37%, putting Minden in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Minden definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Minden that despite a nationwide downturn in the housing market, Minden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Minden appreciation rates continue to be some of the highest in America, at 19.61%, which is higher than appreciation rates in 76.90% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Minden. Minden appreciation rates in the latest quarter were at 1.81%, which equates to an annual appreciation rate of 7.45%.

Relative to Nevada, our data show that Minden's latest annual appreciation rate is lower than 70% of the other cities and towns in Nevada.

Average Home Values

 

Median Home Value:
$540,530

Minden Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
170.90% 4.58%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,735 / per month

Homeownership Rate

Owners
Renters
Vacant
60.7%
60.7%
39.3%
39.3%
9.9%
9.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.8%
29.8%
63.1%
63.1%
3.8%
3.8%
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
82.8%
82.8%
7.0%
7.0%
8.1%
8.1%
2.1%
2.1%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
1.7%
1.7%
26.9%
26.9%
58.7%
58.7%
10.6%
10.6%
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Minden

Zip Codes in Minden, NV