Verdi, NV Real Estate Market

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 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Verdi, NV Housing Market Trends

With a population of 1,396, 535 total housing units (homes and apartments), and a median house value of $754,934, Verdi house prices are not only among the most expensive in Nevada, Verdi real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Verdi, accounting for 92.64% of the town's housing units. Other types of housing that are prevalent in Verdi include mobile homes or trailers ( 6.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Verdi. Owner-occupied housing accounts for 85.42% of Verdi's homes, and 76.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Verdi 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 Verdi built between 2000 and later ( 26.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.10%). There's also some housing in Verdi built before 1939 ( 2.87%).

Verdi Home Appreciation Rates

In the last 10 years, Verdi has experienced some of the highest home appreciation rates of any community in the nation. Verdi real estate appreciated 249.15% over the last ten years, which is an average annual home appreciation rate of 13.32%, putting Verdi in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Verdi definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Verdi that despite a nationwide downturn in the housing market, Verdi real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Verdi appreciation rates continue to be some of the highest in America, at 21.85%, which is higher than appreciation rates in 86.34% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Verdi. Verdi appreciation rates in the latest quarter were at 2.52%, which equates to an annual appreciation rate of 10.49%.

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

Average Home Values

 

Median Home Value:
$754,934

Verdi, NV HOME PRICES

> $1,517,000
$1,138,001 - $1,517,000
$758,001 - $1,138,000
$607,001 - $758,000
$455,001 - $607,000
$303,001 - $455,000
$152,001 - $303,000
$76,001 - $152,000
$0 - $76,000
11.8%
11.8%
4.0%
4.0%
29.6%
29.6%
24.2%
24.2%
11.8%
11.8%
6.4%
6.4%
2.4%
2.4%
2.4%
2.4%
7.4%
7.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NV

Value Relative To Nation

Number Of Homes And Apartments:
535

Verdi Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
203.98% 5.12%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,333 / per month

Homeownership Rate

Owners
Renters
Vacant
85.4%
85.4%
14.6%
14.6%
3.9%
3.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.0%
26.0%
65.0%
65.0%
6.1%
6.1%
2.9%
2.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
92.6%
92.6%
0.7%
0.7%
0.0%
0.0%
0.0%
0.0%
6.6%
6.6%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
6.8%
6.8%
8.6%
8.6%
58.3%
58.3%
18.3%
18.3%
7.9%
7.9%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Verdi

Zip Codes in Verdi, NV