Nevada
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Nevada Real Estate Market & Appreciation

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$328,153

Number Of Homes And Apartments:
1,098,602

Nevada Home Prices

> $1,354,000
1.6%
1.6%
$1,015,471 - $1,354,000
1.5%
1.5%
$677,001 - $1,015,470
5.5%
5.5%
$541,471 - $677,000
7.2%
7.2%
$406,219 - $541,470
17.1%
17.1%
$271,001 - $406,218
29.0%
29.0%
$135,313 - $271,000
25.5%
25.5%
$67,666 - $135,312
7.2%
7.2%
$0 - $67,665
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q1 - 2021 Q2
6.32% 27.76%
9
Last 12 Months:
2020 Q2 - 2021 Q2
14.01% 14.01%
9
Last 2 Years:
2019 Q2 - 2021 Q2
18.46% 8.84%
8
Last 5 Years:
2016 Q2 - 2021 Q2
57.26% 9.48%
10
Last 10 Years:
2011 Q2 - 2021 Q2
153.35% 9.74%
10
Since 2000:
2000 Q1 - 2021 Q2
148.14% 4.37%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,644 / per month

Homeownership Rate

Owners
55.6%
55.6%
Renters
44.4%
44.4%
Vacant
12.2%
12.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
34.0%
34.0%
1970 - 1999
55.2%
55.2%
1940 - 1969
9.8%
9.8%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
59.8%
59.8%
Townhomes
4.6%
4.6%
Small Apt. Buildings
7.7%
7.7%
Apt. Complexes
22.6%
22.6%
Mobile Homes
5.3%
5.3%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.5%
3.5%
1 Bedroom
10.3%
10.3%
2 Bedrooms
25.9%
25.9%
3 Bedrooms
37.6%
37.6%
4 Bedrooms
18.1%
18.1%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES