Nevada
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA






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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$307,360

Number Of Homes And Apartments:
1,092,156

Nevada Home Prices

> $1,373,465
1.4%
1.4%
$1,030,189 - $1,373,465
1.3%
1.3%
$686,703 - $1,030,188
4.5%
4.5%
$549,384 - $686,702
6.1%
6.1%
$412,001 - $549,383
14.5%
14.5%
$274,701 - $412,000
27.1%
27.1%
$137,239 - $274,700
29.4%
29.4%
$68,636 - $137,238
9.3%
9.3%
$0 - $68,635
6.3%
6.3%
0.0% 100.0%
% OF HOMES

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q2 - 2020 Q3
1.46% 5.96%
2
Last 12 Months:
2019 Q3 - 2020 Q3
4.54% 4.54%
5
Last 2 Years:
2018 Q3 - 2020 Q3
9.65% 4.71%
6
Last 5 Years:
2015 Q3 - 2020 Q3
49.61% 8.39%
10
Last 10 Years:
2010 Q3 - 2020 Q3
95.07% 6.91%
10
Since 2000:
2000 Q1 - 2020 Q3
122.21% 3.97%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,454 / per month

Homeownership Rate

Owners
55.1%
55.1%
Renters
44.9%
44.9%
Vacant
12.9%
12.9%
0.0% 100.0%
% OF HOMES

Housing Details

Age of Homes

2000 or Newer
33.4%
33.4%
1970 - 1999
55.6%
55.6%
1940 - 1969
9.9%
9.9%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
59.7%
59.7%
Townhomes
4.6%
4.6%
Small Apt. Buildings
7.6%
7.6%
Apt. Complexes
22.7%
22.7%
Mobile Homes
5.3%
5.3%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.4%
3.4%
1 Bedroom
10.5%
10.5%
2 Bedrooms
26.0%
26.0%
3 Bedrooms
37.8%
37.8%
4 Bedrooms
17.8%
17.8%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES