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Nevada
Real Estate Appreciation & Housing Market Trends






Nevada Real Estate Market & Appreciation

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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (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

$456,882

Number Of Homes And Apartments:

1,163,671

Nevada Home Prices

> $1,304,189
$977,878 - $1,304,189
$652,139 - $977,877
$521,755 - $652,138
$391,250 - $521,754
$260,878 - $391,249
$130,334 - $260,877
$65,209 - $130,333
$0 - $65,208
3.1%
3.1%
3.8%
3.8%
13.8%
13.8%
16.5%
16.5%
24.4%
24.4%
21.6%
21.6%
9.9%
9.9%
2.3%
2.3%
4.4%
4.4%
0% 100.0%
% of Homes

Nevada Appreciation Rates

Rent & Homeownership

Average Market Rent:

$2,335 / per month

Homeownership Rate

Owners
Renters
57.7%
57.7%
42.3%
42.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.7%
9.7%
90.3%
90.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
37.9%
37.9%
51.7%
51.7%
9.3%
9.3%
1.1%
1.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.0%
60.0%
4.8%
4.8%
7.8%
7.8%
21.9%
21.9%
5.3%
5.3%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.6%
3.6%
10.1%
10.1%
25.0%
25.0%
37.5%
37.5%
18.8%
18.8%
5.0%
5.0%
0% 100.0%
% of Homes