Nevada Home Values & Market Trends

There have been 56,806 properties sold in the Nevada real estate market trends. Median home values in the Nevada housing market are $422,406.89. The median residential home value for transactions over the last 12 months is 385,300.734. The State of Nevada currently has 1,299 properties in foreclosure, 102 bank owned properties, and 432 headed for auction.

Nevada Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Clark

$ 430,000

$ 243/sqft

Churchill

$ 436,473

$ 271/sqft

Washoe

$ 632,385

$ 312/sqft

Mineral

$ 175,913

$ 122/sqft

Nye

$ 365,000

$ 189/sqft

Storey

$ 659,311

$ 245/sqft

Lyon

$ 397,893

$ 229/sqft

Pershing

$ 385,000

$ 210/sqft

Douglas

$ 662,791

$ 348/sqft

Lincoln

$ 304,416

$ 118/sqft

Carson City

$ 514,900

$ 283/sqft

Eureka

$ 129,000

$ 207/sqft

Elko

$ 344,342

$ 177/sqft

White Pine

$ 141,214

$ 132/sqft

Humboldt

$ 359,580

$ 172/sqft

Esmeralda

$ --

$ --

Lander

$ 216,011

$ 148/sqft

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Housing Market Summary for Nevada

Mar 2023February 2024Change
Median Listing Price$439.9K$428.6K-2.57%
Median Sold Price$426.5K$428.6K0.50%
Homes For Sale7,5796,484-14.45%
Homes Sold36,10036,5411.22%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Nevada

There are currently 6,478 properties for sale in Nevada. The current home value ranges in price from 1 to 76,000,000. The total count of properties in the state is 1,013,646, and the percentage of properties for sale is 6478.00%.

Foreclosure
There are 17 counties within Nevada; within these counties, the median estimated home value for homes in foreclosure ranges from $1,126,477 in Clark to the lowest value of $41,717 in Clark. Foreclosure homes account for 0.00% of properties in Nevada with Clark containing 1118 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Nevada with Clark containing 696 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 17 counties within Nevada; of those counties, the estimated home value for pre-foreclosure homes ranges from $4,609,760 in Lyon to the lowest home value of $94,773 in Clark.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Nevada ranges from the highest value of $58,621,265 in Douglas to the lowest value of $57,200 in White Pine. Bank owned homes and properties account for 0.01% of properties in Nevada. There are 17 counties within Nevada; Clark containing 73 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Clark has 349 auction properties, the highest number of properties going to auction in a single county in the state of Nevada. Auction homes and other auction properties account for 0.04% of all properties in Nevada. There are 17 counties within Nevada; of those counties, the median estimated home value for homes going to auction ranges from $3,557,225 in Douglas to the lowest value of $41,717 in Douglas.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.64% of residential properties in Nevada with Clark containing 5130 homes for sale, the highest number of listed properties in a single county. There are 17 counties within Nevada; homes for sale in those counties, have a range of median values from $385,000 in Pershing to the lowest value of $29,804 in Lander.
    Sold Homes
    The median value for recently sold homes ranges from $1,593,240 in Carson City to the lowest price of $20,960 in Carson City. There are 17 counties within Nevada. Clark has 24717 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 3.46% of properties in Nevada.

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      Guide for Nevada

      Pennsylvania
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Nevada
      A Review of Las Vegas Housing Trends, 2023
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Pennsylvania|posted 5 February 2024

      The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.

      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024

      Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.