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 Q1 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$290,723

Number Of Homes And Apartments:
1,052,249

Nevada Home Prices

Value Range
> $1,474,515 1.3
$1,105,904 - $1,474,515 1.1
$737,222 - $1,105,903 3.6
$589,922 - $737,221 4.8
$442,463 - $589,921 11.9
$294,926 - $442,462 24.4
$147,426 - $294,925 32.9
$73,733 - $147,425 12.7
$0 - $73,732 7.4

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q4 - 2019 Q1
1.01% 4.10%
6
Last 12 Months:
2018 Q1 - 2019 Q1
11.49% 11.49%
10
Last 2 Years:
2017 Q1 - 2019 Q1
26.23% 12.35%
10
Last 5 Years:
2014 Q1 - 2019 Q1
68.06% 10.94%
10
Last 10 Years:
2009 Q1 - 2019 Q1
45.22% 3.80%
9
Since 2000:
2000 Q1 - 2019 Q1
111.73% 4.03%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,418 / per month

Homeownership Rate

Homeownership
Owners 54.65
Renters 45.35
Vacant 13.78

Housing Details

Age of Homes

AGE OF Nevada HOMES
2000 or Newer 33.0
1970 - 1999 55.7
1940 - 1969 10.1
1939 or Older 1.1

Types of Homes

TYPE OF Nevada HOMES
Single-Family 59.8
Townhomes 4.5
Small Apt. Buildings 7.5
Apt. Complexes 22.7
Mobile Homes 5.4
Other 0.1

Home Size

SIZE OF Nevada HOMES
No Bedroom 3.16
1 Bedroom 10.47
2 Bedrooms 26.28
3 Bedrooms 37.88
4 Bedrooms 17.79
5 or more bedrooms 4.41