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 Q4 2021. 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

Average Home Values

Median Home Value:
$398,593

Number Of Homes And Apartments:
1,130,011

Nevada Home Prices

> $1,481,323
$1,111,001 - $1,481,323
$740,686 - $1,111,000
$592,630 - $740,685
$444,479 - $592,629
$296,183 - $444,478
$148,143 - $296,182
$74,053 - $148,142
$0 - $74,052
1.9%
1.9%
1.9%
1.9%
7.0%
7.0%
9.2%
9.2%
20.6%
20.6%
29.5%
29.5%
20.3%
20.3%
5.0%
5.0%
4.7%
4.7%
0.0% 100.0%
% OF HOMES

Nevada Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q3 - 2021 Q4
4.22% 18.00%
9
Last 12 Months:
2020 Q4 - 2021 Q4
23.81% 23.81%
9
Last 2 Years:
2019 Q4 - 2021 Q4
31.44% 14.65%
9
Last 5 Years:
2016 Q4 - 2021 Q4
70.00% 11.20%
10
Last 10 Years:
2011 Q4 - 2021 Q4
187.27% 11.13%
10
Since 2000:
2000 Q1 - 2021 Q4
179.65% 4.84%
8
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,975 / per month

Homeownership Rate

Owners
Renters
Vacant
56.4%
56.4%
43.6%
43.6%
10.9%
10.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
34.6%
34.6%
54.6%
54.6%
9.7%
9.7%
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.0%
60.0%
4.7%
4.7%
7.9%
7.9%
22.1%
22.1%
5.3%
5.3%
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.5%
3.5%
10.0%
10.0%
25.8%
25.8%
37.5%
37.5%
18.5%
18.5%
4.7%
4.7%
0.0% 100.0%
% OF HOMES