Nevada Home Values & Market Trends

There have been 57,660 properties sold in the Nevada real estate market trends. Median home values in the Nevada housing market are $457,171. The median residential home value for transactions over the last 12 months is 401,813. The State of Nevada currently has 1,430 properties in foreclosure, 106 bank owned properties, and 382 headed for auction.

Nevada Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Clark

$ 446,658

$ 259/sqft

Pershing

$ 243,500

$ 167/sqft

Washoe

$ 589,751

$ 332/sqft

Storey

$ 501,321

$ 258/sqft

Nye

$ 394,950

$ 212/sqft

Churchill

$ 387,202

$ 222/sqft

Lyon

$ 413,000

$ 245/sqft

Mineral

$ 259,000

$ 142/sqft

Douglas

$ 708,650

$ 361/sqft

Lincoln

$ 315,161

$ 142/sqft

Carson City

$ 510,160

$ 293/sqft

Eureka

$ 181,024

$ 353/sqft

Elko

$ 419,339

$ 205/sqft

White Pine

$ 237,795

$ 214/sqft

Humboldt

$ 364,750

$ 230/sqft

Esmeralda

$ --

$ --

Lander

$ 235,000

$ 207/sqft

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Housing Market Summary for Nevada

Jan 2024December 2024Change
Median Listing Price$440.9K$448.1K1.63%
Median Sold Price$431.1K$456.1K5.79%
Homes For Sale6,4232,006-68.77%
Homes Sold37,82840,0385.84%
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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 7,693 properties for sale in Nevada. The current home value ranges in price from 1 to 29,900,000. The total count of properties in the state is 50,942, and the percentage of properties for sale is 7693.00%.

Foreclosure
There are 17 counties within Nevada; within these counties, the median estimated home value for homes in foreclosure ranges from $1,467,571 in Lyon to the lowest value of $62,577 in Lyon. Foreclosure homes account for 2.00% of properties in Nevada with Clark containing 1188 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.85% of all residential properties in Nevada with Clark containing 844 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 $4,796,049 in Douglas to the lowest home value of $148,298 in Clark.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Nevada ranges from the highest value of $1,768,000 in Douglas to the lowest value of $86,413 in Lyon. Bank owned homes and properties account for 0.21% of properties in Nevada. There are 17 counties within Nevada; Clark containing 72 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Clark has 272 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 0.75% 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 $5,074,539 in Douglas to the lowest value of $62,577 in Douglas.
Homes for Sale
Homes and properties that are actively listed for sale account for 15.10% of residential properties in Nevada with Clark containing 6067 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 $9,488,000 in Douglas to the lowest value of $35,586 in Nye.
    Sold Homes
    The median value for recently sold homes ranges from $2,756,325 in Carson City to the lowest price of $20,000 in Carson City. There are 17 counties within Nevada. Clark has 28805 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 79.28% of properties in Nevada.

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      Guide for Nevada

      Nevada
      Reno Real Estate Rises: Averaging $670K in May 2024 Amidst Varied Regional Trends
      Pennsylvania
      Las Vegas Market Report – April 2024
      Nevada
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania
      Henderson Real Estate Market Report March 2024
      See More Articles
      Reno Real Estate Rises: Averaging $670K in May 2024 Amidst Varied Regional Trends
      Nevada|posted 14 June 2024
      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Nevada|posted 17 April 2024
      Henderson Real Estate Market Report March 2024
      Pennsylvania|posted 4 March 2024