Nevada County, California Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$488,888
$1,635

Housing Market Overview

Metric Nevada County California Avg US Average
Median Home Price $488,888 $642,203 $242,182
Price Trend (Annual %) 7.3% 10.0% 8.2%
Median Gross Rent $1,635 $1,955 $1,342
Rent Trend (Annual %) 4.5% 6.0% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Nevada County
California
United States
Year Nevada County California United States
Median Rent Over Time
Nevada County
California
United States
Year Nevada County California United States

Affordability

On average, housing unit costs 5.7 yearly household incomes in Nevada County.

Metric Nevada County California Avg US Average
Median Home Price $488,888 $642,203 $242,182
Median Household Income $85,845 $96,718 $78,145
Price-to-Income Ratio 5.7 6.6 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Nevada County California Avg US Average
Homeownership Rate 57.7% 51.6% 58.2%
Rental Rate 19.8% 40.9% 31.3%
Vacancy Rate 22.4% 7.6% 10.6%
Median Tenure (years) 15.0 14.0 14.0
Median Year Moved In 2010 2011 2011

Housing Stock

Metric Nevada County California Avg US Average
Average Household Size 2.41 people 2.85 people 2.54 people
Median Structure Built Year 1980 1975 1978
Median Number of Rooms 4.9 4.5 5.0