Eureka County, Nevada Housing Market Prices
Eureka 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 75% below the Nevada median Among the top 3 cheapest counties in Nevada$88,181
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Median rent 39% below the Nevada median$968
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Eureka County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $88,181 | $357,758 | $248,835 |
| Price Trend (Annual %) | 15.5% | 9.4% | 7.5% |
| Median Gross Rent | $968 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Eureka County is about 75% lower than in Nevada. Rent is about 39% 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 Eureka County, up about 15.5% and 3.7% a year respectively. Home prices are changing faster.
Median rent in Eureka County rose about 40.0% between 2015 and 2024, from $691 to $968. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Eureka County.
Buying the median-priced home in Eureka County costs roughly 7.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Eureka County. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Eureka County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $88,181 | $357,758 | $248,835 |
| Median Household Income | $70,672 | $78,637 | $80,455 |
| Price-to-Income Ratio | 1.2 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Eureka County fell about 57.5%, while median household income rose about 11.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Eureka County | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.9% | 54.4% | 58.5% |
| Rental Rate | 10.9% | 36.3% | 31.2% |
| Vacancy Rate | 36.3% | 9.3% | 10.2% |
| Median Tenure (years) | 14.0 | 12.0 | 15.0 |
| Median Year Moved In | 2012 | 2014 | 2011 |
Eureka County has a homeownership rate of 52.9%, lower than the Nevada average of 54.4%. Its housing vacancy rate is 36.3%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Eureka County | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1987 | 1993 | 1978 |
| Median Number of Rooms | 4.5 | 5.3 | 5.5 |
The typical housing unit in Eureka County was built around 1987. On average, 2.5 people live in a home with about 4.5 rooms, staying for about 14.0 years on average.
Eureka County, NV Housing Compared With Nearby Counties
Eureka County, NV is the smallest of the 4 counties compared here, 1,585 residents against a local median of 54,047. Where Eureka County, NV breaks from the counties next to it is median home price, sitting 71% below the local median of $301,152 at $88,181.
Median rent tells the same story from another angle: $968 against a local median of $1,181, 18% below it. The one measure here that carries a verdict is homeownership, and at 16% above the local median it puts Eureka County, NV at the better end of the local range. The counties themselves sit within $120,553 of each other on median home price, a tighter band than the gap between any of them and Eureka County, NV, which makes it a genuine outlier here rather than one end of a wide local spread. Eureka County, NV has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Eureka County, NV | 1,585 | $88,181 #4/4 | $968 #4/4 | 83.0% #1/4 |
| Elko County, NV | 54,047 | $229,762 | $1,163 | 71.4% |
| Nye County, NV | 54,344 | $301,152 | $1,181 | 77.8% |
| Churchill County, NV | 25,797 | $350,315 | $1,318 | 69.9% |
Frequently Asked Questions
Common questions about the housing market in Eureka County, Nevada.
What is the median home price in Eureka County, Nevada?
The median home price in Eureka County, Nevada is $88,181, lower than the Nevada average of $357,758.
What is the average home price in Eureka County, Nevada?
The typical home price in Eureka County, Nevada, reported as the median sale price, is $88,181. 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 Eureka County, Nevada?
The median gross rent in Eureka County, Nevada is $968 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Eureka County in 2020?
In 2020, the median gross rent in Eureka County, Nevada was $721 per month.
What is the price-to-rent ratio in Eureka County, Nevada?
The price-to-rent ratio in Eureka County, Nevada is about 7.6, meaning it would take roughly 7.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Eureka County.
Are home prices or rent rising faster in Eureka County, Nevada?
Both home prices and rent are rising in Eureka County, up about 15.5% and 3.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Eureka County, Nevada?
52.9% of households in Eureka County, Nevada own their home, lower than the Nevada average of 54.4%.
What is the vacancy rate in Eureka County, Nevada?
The housing vacancy rate in Eureka County, Nevada is 36.3%, higher than the Nevada average of 9.3%.
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