Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$304,496
$1,013

Housing Market Overview

Metric Nye County Nevada Avg US Average
Median Home Price $304,496 $338,659 $242,182
Price Trend (Annual %) 30.5% 9.9% 8.2%
Median Gross Rent $1,013 $1,488 $1,342
Rent Trend (Annual %) 3.8% 6.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Nye County
Nevada
United States
Year Nye County Nevada United States
Median Rent Over Time
Nye County
Nevada
United States
Year Nye County Nevada United States

Affordability

On average, housing unit costs 5.4 yearly household incomes in Nye County.

Metric Nye County Nevada Avg US Average
Median Home Price $304,496 $338,659 $242,182
Median Household Income $56,587 $75,608 $78,145
Price-to-Income Ratio 5.4 4.5 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Nye County Nevada Avg US Average
Homeownership Rate 65.5% 53.7% 58.2%
Rental Rate 21.6% 36.8% 31.3%
Vacancy Rate 12.9% 9.5% 10.6%
Median Tenure (years) 13.0 12.0 15.0
Median Year Moved In 2013 2014 2011

Housing Stock

Metric Nye County Nevada Avg US Average
Average Household Size 2.39 people 2.62 people 2.54 people
Median Structure Built Year 1998 1993 1978
Median Number of Rooms 5.5 5.3 5.5