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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,261 people, 3,611 houses or apartments, and a median cost of homes of $315,566, 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 62.13% of the city's housing units. Other types of housing that are prevalent in Winnemucca include duplexes, homes converted to apartments or other small apartment buildings ( 12.77%), mobile homes or trailers ( 11.60%), and a few large apartment complexes or high rise apartments ( 8.68%).
The most prevalent building size and type in Winnemucca are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.70% owning and 40.30% renting.
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 2000 and later ( 22.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.13%). There's also some housing in Winnemucca built before 1939 ( 8.81%).
Winnemucca's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Winnemucca during the period has been just 5.64%, which is lower than 70% of US communities.
Appreciation rates are so strong in Winnemucca that despite a nationwide downturn in the housing market, Winnemucca real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Winnemucca appreciation rates continue to be some of the highest in America, at 5.56%, which is higher than appreciation rates in 76.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Winnemucca. Winnemucca appreciation rates in the latest quarter were at 1.46%, which equates to an annual appreciation rate of 5.96%.
Relative to Nevada, our data show that Winnemucca's latest annual appreciation rate is higher than 50% of the other cities and towns in Nevada.
$315,566
for Nevada
for nation
3,611
$1,758 / per month