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 Q2 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:
$264,554

Number Of Homes And Apartments:
1,030,701

Nevada Home Prices

Value Range
> $1,543,063 1.2
$1,157,622 - $1,543,063 1.0
$771,488 - $1,157,621 3.0
$617,309 - $771,487 3.8
$462,984 - $617,308 9.9
$308,558 - $462,983 21.3
$154,261 - $308,557 35.4
$77,157 - $154,260 15.7
$0 - $77,156 8.8

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
4.42% 18.90%
10
Last 12 Months:
2017 Q2 - 2018 Q2
14.59% 14.59%
10
Last 2 Years:
2016 Q2 - 2018 Q2
25.83% 12.17%
10
Last 5 Years:
2013 Q2 - 2018 Q2
79.63% 12.43%
10
Last 10 Years:
2008 Q2 - 2018 Q2
15.60% 1.46%
6
Since 2000:
2000 Q1 - 2018 Q2
98.66% 3.83%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,517 / 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