Nevada
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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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 Q1 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:
$222,428

Number Of Homes And Apartments:
1,016,709

Nevada Home Prices

Value Range
> $1,436,000 1.0
$1,077,001 - $1,436,000 0.9
$718,001 - $1,077,000 2.5
$575,001 - $718,000 3.4
$431,001 - $575,000 8.5
$287,001 - $431,000 19.1
$144,001 - $287,000 36.9
$72,001 - $144,000 17.9
$0 - $72,000 9.7

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q4 - 2017 Q1
1.71% 7.02% 10
Last 12 Months:
2016 Q1 - 2017 Q1
8.72% 8.72% 10
Last 2 Years:
2015 Q1 - 2017 Q1
20.18% 9.63% 10
Last 5 Years:
2012 Q1 - 2017 Q1
73.98% 11.71% 10
Last 10 Years:
2007 Q1 - 2017 Q1
-21.84% -2.43% 1
Since 2000:
2000 Q1 - 2017 Q1
67.78% 3.09% 5
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,326 / 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