Stateline, NV
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Stateline Neighborhoods Since 2000




Stateline, NV Real Estate 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

Stateline Housing Market Information

With a population of 852, 459 total housing units (homes and apartments), and a median house value of $649,126, Stateline house prices are not only among the most expensive in Nevada, Stateline real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Stateline, accounting for 39.84% of the town's housing units. Other types of housing that are prevalent in Stateline include duplexes, homes converted to apartments or other small apartment buildings ( 20.12%), single-family detached homes ( 19.92%), and a few mobile homes or trailers ( 16.46%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

Stateline is dominated by renter-occupied one, two, or no bedrooms apartments. 87.36% of Stateline's dwellings are rentals.

There is a lot of housing in Stateline built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Stateline built between 1940-1969 ( 44.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.72%).

Stateline Home Appreciation Rates

Real estate appreciation rates in Stateline's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.46% during the period.

Appreciation rates are so strong in Stateline that despite a nationwide downturn in the housing market, Stateline real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Stateline appreciation rates continue to be some of the highest in America, at 12.14%, which is higher than appreciation rates in 97.62% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Stateline. Stateline appreciation rates in the latest quarter were at 4.32%, which equates to an annual appreciation rate of 18.45%.

Importantly, this makes Stateline one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Nevada, our data show that Stateline's latest annual appreciation rate is higher than 50% of the other cities and towns in Nevada.

Average Home Values

 

Median Home Value:
$649,126

Stateline, NV HOME PRICES

Value Range
> $1,354,000 3.3
$1,016,001 - $1,354,000 10.5
$678,001 - $1,016,000 33.1
$542,001 - $678,000 21.9
$406,001 - $542,000 7.0
$271,001 - $406,000 9.3
$136,001 - $271,000 5.7
$67,001 - $136,000 7.8
$0 - $67,000 1.4

Very High for NV
Very High for Nation

Value Relative to Nation Value Relative to State
3.17590530880113 8.0

Number Of Homes And Apartments:
459

Stateline Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
102.91% 4.19% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,431 / per month

Homeownership Rate

Homeownership
Owners 12.64
Renters 87.36
Vacant 6.71

Housing Market Details

 

Age of Homes

AGE OF Stateline HOMES
2000 or Newer 7.7
1970 - 1999 48.0
1940 - 1969 44.3
1939 or Older 0.0

Types of Homes

TYPE OF Stateline HOMES
Single-Family 19.9
Townhomes 3.7
Small Apt. Buildings 20.1
Apt. Complexes 39.8
Mobile Homes 16.5
Other 0.0

Home Size

SIZE OF Stateline HOMES
No Bedroom 2.03
1 Bedroom 20.93
2 Bedrooms 44.72
3 Bedrooms 32.32
4 Bedrooms 0.00
5 or more bedrooms 0.00

Popular Neighborhoods in Stateline

Zip Codes in Stateline, NV