Nevada
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating NV Cities Since 2000






Nevada Real Estate Values & Housing Market Data

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 Q4 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$247,504

Number Of Homes And Apartments:
1,030,701

Nevada Home Prices

Value Range
> $1,433,000 0.7
$1,075,001 - $1,433,000 1.3
$717,001 - $1,075,000 4.0
$574,001 - $717,000 4.9
$430,001 - $574,000 11.9
$287,001 - $430,000 23.9
$143,001 - $287,000 33.7
$72,001 - $143,000 11.9
$0 - $72,000 7.0

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q3 - 2017 Q4
2.66% 11.05%
10
Last 12 Months:
2016 Q4 - 2017 Q4
11.72% 11.72%
10
Last 2 Years:
2015 Q4 - 2017 Q4
20.63% 9.83%
10
Last 5 Years:
2012 Q4 - 2017 Q4
82.05% 12.73%
10
Last 10 Years:
2007 Q4 - 2017 Q4
-7.03% -0.73%
2
Since 2000:
2000 Q1 - 2017 Q4
83.77% 3.49%
6
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,401 / per month

Homeownership Rate

Homeownership
Owners 54.07
Renters 45.93
Vacant 14.15

Housing Details

Age of Homes

AGE OF Nevada HOMES
2000 or Newer 32.6
1970 - 1999 56.0
1940 - 1969 10.3
1939 or Older 1.2

Types of Homes

TYPE OF Nevada HOMES
Single-Family 59.5
Townhomes 4.6
Small Apt. Buildings 7.4
Apt. Complexes 22.9
Mobile Homes 5.5
Other 0.1

Home Size

SIZE OF Nevada HOMES
No Bedroom 3.10
1 Bedroom 10.65
2 Bedrooms 26.29
3 Bedrooms 38.20
4 Bedrooms 17.37
5 or more bedrooms 4.39