Esmeralda County, Nevada Housing Market Prices
Esmeralda County 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 17% below the Nevada median$297,499
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Median rent 17% below the Nevada median Among the 5 most expensive counties in Nevada$1,320
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Esmeralda County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $297,499 | $357,758 | $248,835 |
| Price Trend (Annual %) | 51.4% | 9.4% | 7.5% |
| Median Gross Rent | $1,320 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 14.8% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Esmeralda County is about 17% lower than in Nevada. Rent is about 17% 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 Esmeralda County, up about 51.4% and 14.8% a year respectively. Home prices are changing faster.
Median rent in Esmeralda County rose about 195.3% between 2015 and 2024, from $447 to $1,320. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 7.0 yearly household incomes in Esmeralda County.
Buying the median-priced home in Esmeralda County costs roughly 18.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Esmeralda County. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Esmeralda County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $297,499 | $357,758 | $248,835 |
| Median Household Income | $42,782 | $78,637 | $80,455 |
| Price-to-Income Ratio | 7.0 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Esmeralda County rose about 218.2%, while median household income fell about 15.3% 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 | Esmeralda County | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 44.3% | 54.4% | 58.5% |
| Rental Rate | 28.6% | 36.3% | 31.2% |
| Vacancy Rate | 27.1% | 9.3% | 10.2% |
| Median Tenure (years) | 13.0 | 12.0 | 15.0 |
| Median Year Moved In | 2013 | 2014 | 2011 |
Esmeralda County has a homeownership rate of 44.3%, lower than the Nevada average of 54.4%. Its housing vacancy rate is 27.1%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Esmeralda County | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.03 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1986 | 1993 | 1978 |
| Median Number of Rooms | 4.2 | 5.3 | 5.5 |
The typical housing unit in Esmeralda County was built around 1986. On average, 2.0 people live in a home with about 4.2 rooms, staying for about 13.0 years on average.
Esmeralda County, NV Housing Compared With Nearby Counties
Esmeralda County, NV is the smallest of the 4 counties compared here, 1,028 residents against a local median of 25,797. Where Esmeralda County, NV breaks from the counties next to it is median home price, sitting 15% below the local median of $350,315 at $297,499.
The counties themselves spread $1,465,247 on median home price, so Esmeralda County, NV sits at one end of an already wide local range rather than apart from it. Esmeralda County, NV has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Esmeralda County, NV | 1,028 | $297,499 #4/4 | $1,320 #2/4 | 60.8% #4/4 |
| Nye County, NV | 54,344 | $301,152 | $1,181 | 77.8% |
| Mono County, CA | 13,148 | $1,766,399 | $1,628 | 65.4% |
| Churchill County, NV | 25,797 | $350,315 | $1,318 | 69.9% |
Frequently Asked Questions
Common questions about the housing market in Esmeralda County, Nevada.
What is the median home price in Esmeralda County, Nevada?
The median home price in Esmeralda County, Nevada is $297,499, lower than the Nevada average of $357,758.
What is the average home price in Esmeralda County, Nevada?
The typical home price in Esmeralda County, Nevada, reported as the median sale price, is $297,499. 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 Esmeralda County, Nevada?
The median gross rent in Esmeralda County, Nevada is $1,320 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Esmeralda County in 2020?
In 2020, the median gross rent in Esmeralda County, Nevada was $700 per month.
What is the price-to-rent ratio in Esmeralda County, Nevada?
The price-to-rent ratio in Esmeralda County, Nevada is about 18.8, meaning it would take roughly 18.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Esmeralda County.
Are home prices or rent rising faster in Esmeralda County, Nevada?
Both home prices and rent are rising in Esmeralda County, up about 51.4% and 14.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Esmeralda County, Nevada?
44.3% of households in Esmeralda County, Nevada own their home, lower than the Nevada average of 54.4%.
What is the vacancy rate in Esmeralda County, Nevada?
The housing vacancy rate in Esmeralda County, Nevada is 27.1%, higher than the Nevada average of 9.3%.
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