Winnemucca, NV
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Winnemucca Neighborhoods Since 2000




Winnemucca, 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

Winnemucca Housing Market Information

With 7,887 people, 3,003 houses or apartments, and a median cost of homes of $171,065, Winnemucca real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Winnemucca, accounting for 66.84% of the city's housing units. Other types of housing that are prevalent in Winnemucca include mobile homes or trailers ( 12.54%), large apartment complexes or high rise apartments ( 8.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Winnemucca. Owner-occupied housing accounts for 65.35% of Winnemucca's homes, and 55.97% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Winnemucca 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 Winnemucca built between 1940-1969 ( 23.47%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.48%). There's also some housing in Winnemucca built before 1939 ( 11.60%).

Winnemucca Home Appreciation Rates

In the last 10 years, Winnemucca has experienced some of the highest home appreciation rates of any community in the nation. Winnemucca real estate appreciated 21.33% over the last ten years, which is an average annual home appreciation rate of 1.95%, putting Winnemucca in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Winnemucca definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Winnemucca's appreciation rate, at 5.02%, has been at or slightly above the national average. In the latest quarter, Winnemucca's appreciation rate has been 4.32%, which annualizes to a rate of 18.45%.

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

Relative to Nevada, our data show that Winnemucca's latest annual appreciation rate is lower than 90% of the other cities and towns in Nevada.

Average Home Values

 

Median Home Value:
$171,065

Winnemucca, NV HOME PRICES

Value Range
> $1,099,000 0.3
$824,001 - $1,099,000 0.3
$550,001 - $824,000 0.8
$440,001 - $550,000 2.0
$330,001 - $440,000 4.7
$220,001 - $330,000 21.0
$110,001 - $220,000 48.8
$55,001 - $110,000 8.8
$0 - $55,000 13.4

Average for NV
Average for Nation

Value Relative to Nation Value Relative to State
41.2633305988515 52.0

Number Of Homes And Apartments:
3,003

Winnemucca 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
87.28% 3.70% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,063 / per month

Homeownership Rate

Homeownership
Owners 65.35
Renters 34.65
Vacant 8.81

Housing Market Details

 

Age of Homes

AGE OF Winnemucca HOMES
2000 or Newer 13.5
1970 - 1999 51.4
1940 - 1969 23.5
1939 or Older 11.6

Types of Homes

TYPE OF Winnemucca HOMES
Single-Family 66.8
Townhomes 2.7
Small Apt. Buildings 8.7
Apt. Complexes 8.9
Mobile Homes 12.5
Other 0.4

Home Size

SIZE OF Winnemucca HOMES
No Bedroom 2.06
1 Bedroom 11.05
2 Bedrooms 27.36
3 Bedrooms 40.81
4 Bedrooms 15.15
5 or more bedrooms 3.55

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Zip Codes in Winnemucca, NV