Nevada Home Values & Market Trends
There have been 61,917 properties sold in the Nevada real estate market trends. Median home values in the Nevada housing market are $432,702.93. The median residential home value for transactions over the last 12 months is 395,760.983. The State of Nevada currently has 1,530 properties in foreclosure, 91 bank owned properties, and 441 headed for auction.
Nevada Real Estate Market Overview
County | Median Est. Value | County | Median Est. Value |
---|---|---|---|
Clark | $ 443,609 $ 250/sqft | Lander | $ 142,718 $ 187/sqft |
Washoe | $ 642,500 $ 325/sqft | Pershing | $ 149,615 $ 125/sqft |
Nye | $ 359,999 $ 192/sqft | Churchill | $ 377,230 $ 212/sqft |
Lyon | $ 399,900 $ 225/sqft | Lincoln | $ 335,999 $ 114/sqft |
Douglas | $ 730,435 $ 362/sqft | Storey | $ 580,000 $ 265/sqft |
Carson City | $ 497,219 $ 282/sqft | White Pine | $ 221,700 $ 155/sqft |
Elko | $ 334,434 $ 175/sqft | Eureka | $ 77,000 $ 103/sqft |
Humboldt | $ 390,442 $ 225/sqft | Esmeralda | $ -- $ -- |
Mineral | $ 202,209 $ 117/sqft |
Housing Market Summary for Nevada
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $440K | $432.6K | -1.66% |
Median Sold Price | $426.6K | $432.6K | 1.41% |
Homes For Sale | 7,621 | 6,578 | -13.69% |
Homes Sold | 35,109 | 33,450 | -4.73% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Nevada
Browse Homes in Nevada
There are currently 7,151 properties for sale in Nevada. The current home value ranges in price from 3,000 to 76,000,000. The total count of properties in the state is 1,022,632, and the percentage of properties for sale is 7151.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in Nevada with Clark containing 894 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 $4,731,490 in Lyon to the lowest home value of $123,807 in Clark.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Nevada ranges from the highest value of $2,173,629 in Lyon to the lowest value of $58,015 in White Pine. Bank owned homes and properties account for 0.01% of properties in Nevada. There are 17 counties within Nevada; Clark containing 63 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsClark has 344 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 $5,598,129 in Douglas to the lowest value of $44,314 in Douglas.
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More Real Estate Resources for Nevada
Guide for Nevada
Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.
Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.
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.
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.