Carson City, Nevada Housing Market Prices
Carson City Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 62% above the Nevada median Most expensive county in Nevada$579,044
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Median rent 22% below the Nevada median$1,247
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Carson City | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $579,044 | $357,758 | $248,835 |
| Price Trend (Annual %) | 17.1% | 9.4% | 7.5% |
| Median Gross Rent | $1,247 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Carson City is about 62% higher than in Nevada. Rent is about 22% lower than the Nevada average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Carson City, up about 17.1% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Carson City rose about 52.6% between 2015 and 2024, from $817 to $1,247. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 8.1 yearly household incomes in Carson City.
Buying the median-priced home in Carson City costs roughly 38.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Carson City. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Carson City | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $579,044 | $357,758 | $248,835 |
| Median Household Income | $71,367 | $78,637 | $80,455 |
| Price-to-Income Ratio | 8.1 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Carson City rose about 312.9%, while median household income rose about 27.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Carson City | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.7% | 54.4% | 58.5% |
| Rental Rate | 35.5% | 36.3% | 31.2% |
| Vacancy Rate | 5.8% | 9.3% | 10.2% |
| Median Tenure (years) | 14.0 | 12.0 | 15.0 |
| Median Year Moved In | 2012 | 2014 | 2011 |
Carson City has a homeownership rate of 58.7%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 5.8%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Carson City | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1985 | 1993 | 1978 |
| Median Number of Rooms | 5.3 | 5.3 | 5.5 |
The typical housing unit in Carson City was built around 1985. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 14.0 years on average.
Carson City, NV Housing Compared With Nearby Counties
Carson City, NV is typical in size for this group, 58,384 residents against a local median of 61,677, so the measures below are close to a like for like comparison. The measure that sets Carson City, NV apart most is median home price: $579,044, 35% above the local median of $429,826.
Median rent tells the same story from another angle: $1,247 against a local median of $1,593, 22% below it. The one measure here that carries a verdict is homeownership, and at 19% below the local median it puts Carson City, NV at the weaker end of the local range. The counties themselves spread $134,057 on median home price, so Carson City, NV sits at one end of an already wide local range rather than apart from it. Carson City, NV has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Carson City, NV | 58,384 | $579,044 #1/4 | $1,247 #4/4 | 62.3% #4/4 |
| Douglas County, NV | 49,623 | $429,826 | $1,593 | 78.8% |
| Lyon County, NV | 61,677 | $319,033 | $1,326 | 76.7% |
| El Dorado County, CA | 192,661 | $453,089 | $1,715 | 77.2% |
Frequently Asked Questions
Common questions about the housing market in Carson City, Nevada.
What is the median home price in Carson City, Nevada?
The median home price in Carson City, Nevada is $579,044, higher than the Nevada average of $357,758.
What is the average home price in Carson City, Nevada?
The typical home price in Carson City, Nevada, reported as the median sale price, is $579,044. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Carson City, Nevada?
The median gross rent in Carson City, Nevada is $1,247 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Carson City in 2020?
In 2020, the median gross rent in Carson City, Nevada was $981 per month.
What is the price-to-rent ratio in Carson City, Nevada?
The price-to-rent ratio in Carson City, Nevada is about 38.7, meaning it would take roughly 38.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Carson City.
Are home prices or rent rising faster in Carson City, Nevada?
Both home prices and rent are rising in Carson City, up about 17.1% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Carson City, Nevada?
58.7% of households in Carson City, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in Carson City, Nevada?
The housing vacancy rate in Carson City, Nevada is 5.8%, lower than the Nevada average of 9.3%.
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