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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (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:
$313,144

Number Of Homes And Apartments:
1,098,602

Nevada Home Prices

> $1,293,057
1.6%
1.6%
$969,879 - $1,293,057
1.5%
1.5%
$646,708 - $969,878
5.5%
5.5%
$517,388 - $646,707
7.2%
7.2%
$388,015 - $517,387
17.1%
17.1%
$258,564 - $388,014
29.0%
29.0%
$129,321 - $258,563
25.5%
25.5%
$64,659 - $129,320
7.2%
7.2%
$0 - $64,658
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2020 Q3 - 2020 Q4
1.95% 8.02%
5
Last 12 Months:
2019 Q4 - 2020 Q4
6.06% 6.06%
6
Last 2 Years:
2018 Q4 - 2020 Q4
10.09% 4.93%
3
Last 5 Years:
2015 Q4 - 2020 Q4
48.72% 8.26%
10
Last 10 Years:
2010 Q4 - 2020 Q4
103.90% 7.38%
10
Since 2000:
2000 Q1 - 2020 Q4
126.38% 4.02%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,504 / per month

Homeownership Rate

Owners
55.6%
55.6%
Renters
44.4%
44.4%
Vacant
12.2%
12.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
34.0%
34.0%
1970 - 1999
55.2%
55.2%
1940 - 1969
9.8%
9.8%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
59.8%
59.8%
Townhomes
4.6%
4.6%
Small Apt. Buildings
7.7%
7.7%
Apt. Complexes
22.6%
22.6%
Mobile Homes
5.3%
5.3%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.5%
3.5%
1 Bedroom
10.3%
10.3%
2 Bedrooms
25.9%
25.9%
3 Bedrooms
37.6%
37.6%
4 Bedrooms
18.1%
18.1%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES