Mineral County, Nevada Housing Market Prices
Mineral 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.
-
Median home price 29% below the Nevada median$252,632
-
Median rent 43% below the Nevada median Among the top 3 cheapest counties in Nevada$905
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Mineral County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $252,632 | $357,758 | $248,835 |
| Price Trend (Annual %) | 41.7% | 9.4% | 7.5% |
| Median Gross Rent | $905 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 8.7% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mineral County is about 29% lower than in Nevada. Rent is about 43% 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 Mineral County, up about 41.7% and 8.7% a year respectively. Home prices are changing faster.
Median rent in Mineral County rose about 69.4% between 2015 and 2024, from $534 to $905. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Mineral County.
Buying the median-priced home in Mineral County costs roughly 23.3 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 Mineral County. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Mineral County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $252,632 | $357,758 | $248,835 |
| Median Household Income | $56,912 | $78,637 | $80,455 |
| Price-to-Income Ratio | 4.4 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mineral County rose about 131.9%, while median household income rose about 56.1% 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 | Mineral County | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.2% | 54.4% | 58.5% |
| Rental Rate | 22.1% | 36.3% | 31.2% |
| Vacancy Rate | 19.8% | 9.3% | 10.2% |
| Median Tenure (years) | 15.0 | 12.0 | 15.0 |
| Median Year Moved In | 2011 | 2014 | 2011 |
Mineral County has a homeownership rate of 58.2%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 19.8%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Mineral County | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1973 | 1993 | 1978 |
| Median Number of Rooms | 5.0 | 5.3 | 5.5 |
The typical housing unit in Mineral County was built around 1973. On average, 2.4 people live in a home with about 5.0 rooms, staying for about 15.0 years on average.
Mineral County, NV Housing Compared With Nearby Counties
Mineral County, NV is the smallest of the 5 counties compared here, 4,542 residents against a local median of 37,710. The measure that sets Mineral County, NV apart most is median rent: $905, 38% below the local median of $1,459.
Median home price tells the same story from another angle: $252,632 against a local median of $390,070, 35% below it. The counties themselves sit within $310 of each other on median rent, a tighter band than the gap between any of them and Mineral County, NV, which makes it a genuine outlier here rather than one end of a wide local spread. Mineral County, NV has the 5th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Mineral County, NV | 4,542 | $252,632 #5/5 | $905 #5/5 | 72.5% #3/5 |
| Mono County, CA | 13,148 | $1,766,399 | $1,628 | 65.4% |
| Lyon County, NV | 61,677 | $319,033 | $1,326 | 76.7% |
| Churchill County, NV | 25,797 | $350,315 | $1,318 | 69.9% |
| Douglas County, NV | 49,623 | $429,826 | $1,593 | 78.8% |
Frequently Asked Questions
Common questions about the housing market in Mineral County, Nevada.
What is the median home price in Mineral County, Nevada?
The median home price in Mineral County, Nevada is $252,632, lower than the Nevada average of $357,758.
What is the average home price in Mineral County, Nevada?
The typical home price in Mineral County, Nevada, reported as the median sale price, is $252,632. 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 Mineral County, Nevada?
The median gross rent in Mineral County, Nevada is $905 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Mineral County in 2020?
In 2020, the median gross rent in Mineral County, Nevada was $581 per month.
What is the price-to-rent ratio in Mineral County, Nevada?
The price-to-rent ratio in Mineral County, Nevada is about 23.3, meaning it would take roughly 23.3 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 Mineral County.
Are home prices or rent rising faster in Mineral County, Nevada?
Both home prices and rent are rising in Mineral County, up about 41.7% and 8.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Mineral County, Nevada?
58.2% of households in Mineral County, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in Mineral County, Nevada?
The housing vacancy rate in Mineral County, Nevada is 19.8%, higher than the Nevada average of 9.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →