Lander County, Nevada Housing Market Prices
Lander 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 87% below the Nevada median Among the top 3 cheapest counties in Nevada$45,138
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Median rent 43% below the Nevada median Among the top 3 cheapest counties in Nevada$902
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lander County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $45,138 | $357,758 | $248,835 |
| Price Trend (Annual %) | -1.2% | 9.4% | 7.5% |
| Median Gross Rent | $902 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lander County is about 87% lower than in Nevada. Rent is about 43% lower than the Nevada average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2020
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Lander County: home prices fell about 1.2% a year while rent rose about 6.0% a year. That is an unusual pattern worth watching.
Median rent in Lander County rose about 39.9% between 2015 and 2024, from $645 to $902. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Lander County.
Buying the median-priced home in Lander County costs roughly 4.2 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 Lander County. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Lander County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $45,138 | $357,758 | $248,835 |
| Median Household Income | $82,450 | $78,637 | $80,455 |
| Price-to-Income Ratio | 0.5 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2020, the median home price in Lander County fell about 59.9%, while median household income rose about 53.7% 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 | Lander County | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 54.4% | 58.5% |
| Rental Rate | 17.6% | 36.3% | 31.2% |
| Vacancy Rate | 22.3% | 9.3% | 10.2% |
| Median Tenure (years) | 14.0 | 12.0 | 15.0 |
| Median Year Moved In | 2012 | 2014 | 2011 |
Lander County has a homeownership rate of 60.2%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 22.3%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Lander County | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1991 | 1993 | 1978 |
| Median Number of Rooms | 5.4 | 5.3 | 5.5 |
The typical housing unit in Lander County was built around 1991. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Lander County, NV Housing Compared With Nearby Counties
Lander County, NV is the smallest of the 4 counties compared here, 5,770 residents against a local median of 25,797. The measure that sets Lander County, NV apart most is median home price: $45,138, 85% below the local median of $301,152.
Median rent tells the same story from another angle: $902 against a local median of $1,181, 24% below it. The counties themselves sit within $127,489 of each other on median home price, a tighter band than the gap between any of them and Lander County, NV, which makes it a genuine outlier here rather than one end of a wide local spread. Lander County, NV has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lander County, NV | 5,770 | $45,138 #4/4 | $902 #4/4 | 77.4% #2/4 |
| Churchill County, NV | 25,797 | $350,315 | $1,318 | 69.9% |
| Humboldt County, NV | 17,289 | $222,826 | $993 | 74.0% |
| Nye County, NV | 54,344 | $301,152 | $1,181 | 77.8% |
Frequently Asked Questions
Common questions about the housing market in Lander County, Nevada.
What is the median home price in Lander County, Nevada?
The median home price in Lander County, Nevada is $45,138, lower than the Nevada average of $357,758.
What is the average home price in Lander County, Nevada?
The typical home price in Lander County, Nevada, reported as the median sale price, is $45,138. 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 Lander County, Nevada?
The median gross rent in Lander County, Nevada is $902 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Lander County in 2020?
In 2020, the median gross rent in Lander County, Nevada was $835 per month.
What is the price-to-rent ratio in Lander County, Nevada?
The price-to-rent ratio in Lander County, Nevada is about 4.2, meaning it would take roughly 4.2 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 Lander County.
Are home prices or rent rising faster in Lander County, Nevada?
Home prices and rent are moving in opposite directions in Lander County: home prices fell about 1.2% a year while rent rose about 6.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Lander County, Nevada?
60.2% of households in Lander County, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in Lander County, Nevada?
The housing vacancy rate in Lander County, Nevada is 22.3%, higher than the Nevada average of 9.3%.
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