Nevada
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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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 Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$238,915

Number Of Homes And Apartments:
1,034,017

Nevada Home Prices

Value Range
> $1,545,000 1.0
$1,159,001 - $1,545,000 0.9
$773,001 - $1,159,000 2.5
$618,001 - $773,000 3.4
$464,001 - $618,000 8.5
$309,001 - $464,000 19.1
$154,001 - $309,000 36.9
$77,001 - $154,000 17.9
$0 - $77,000 9.7

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q2 - 2017 Q3
3.16% 13.26% 10
Last 12 Months:
2016 Q3 - 2017 Q3
9.77% 9.77% 10
Last 2 Years:
2015 Q3 - 2017 Q3
20.11% 9.59% 10
Last 5 Years:
2012 Q3 - 2017 Q3
82.58% 12.79% 10
Last 10 Years:
2007 Q3 - 2017 Q3
-11.77% -1.24% 1
Since 2000:
2000 Q1 - 2017 Q3
79.08% 3.39% 6
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,412 / per month

Homeownership Rate

Homeownership
Owners 54.34
Renters 45.66
Vacant 14.71

Housing Details

Age of Homes

AGE OF Nevada HOMES
2000 or Newer 32.5
1970 - 1999 56.0
1940 - 1969 10.3
1939 or Older 1.2

Types of Homes

TYPE OF Nevada HOMES
Single-Family 59.3
Townhomes 4.6
Small Apt. Buildings 7.4
Apt. Complexes 23.0
Mobile Homes 5.6
Other 0.1

Home Size

SIZE OF Nevada HOMES
No Bedroom 2.99
1 Bedroom 10.83
2 Bedrooms 26.34
3 Bedrooms 38.21
4 Bedrooms 17.16
5 or more bedrooms 4.46