Nevada
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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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 Q1 2018. 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:
$251,885

Number Of Homes And Apartments:
1,030,701

Nevada Home Prices

Value Range
> $1,464,995 1.2
$1,099,046 - $1,464,995 1.0
$732,454 - $1,099,045 3.0
$585,834 - $732,453 3.8
$439,215 - $585,833 9.9
$293,096 - $439,214 21.3
$146,523 - $293,095 35.4
$73,057 - $146,522 15.7
$0 - $73,056 8.8

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
3.23% 13.56%
10
Last 12 Months:
2017 Q1 - 2018 Q1
13.15% 13.15%
10
Last 2 Years:
2016 Q1 - 2018 Q1
23.45% 11.11%
10
Last 5 Years:
2013 Q1 - 2018 Q1
82.56% 12.79%
10
Last 10 Years:
2008 Q1 - 2018 Q1
1.88% 0.19%
2
Since 2000:
2000 Q1 - 2018 Q1
89.92% 3.63%
6
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,439 / 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