Pershing County, Nevada Housing Market Prices
Pershing 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 37% below the Nevada median Among the top 5 cheapest counties in Nevada$224,999
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Median rent 55% below the Nevada median Cheapest county in Nevada$715
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Pershing County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,999 | $357,758 | $248,835 |
| Price Trend (Annual %) | 31.1% | 9.4% | 7.5% |
| Median Gross Rent | $715 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pershing County is about 37% lower than in Nevada. Rent is about 55% lower than the Nevada average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Pershing County, up about 31.1% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Pershing County rose about 17.8% between 2015 and 2024, from $607 to $715. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Pershing County.
Buying the median-priced home in Pershing County costs roughly 26.2 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 Pershing County. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Pershing County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,999 | $357,758 | $248,835 |
| Median Household Income | $69,302 | $78,637 | $80,455 |
| Price-to-Income Ratio | 3.2 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Pershing County rose about 325.7%, while median household income rose about 26.1% 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 | Pershing County | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.2% | 54.4% | 58.5% |
| Rental Rate | 20.4% | 36.3% | 31.2% |
| Vacancy Rate | 24.4% | 9.3% | 10.2% |
| Median Tenure (years) | 17.0 | 12.0 | 15.0 |
| Median Year Moved In | 2009 | 2014 | 2011 |
Pershing County has a homeownership rate of 55.2%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 24.4%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Pershing County | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1992 | 1993 | 1978 |
| Median Number of Rooms | 5.0 | 5.3 | 5.5 |
The typical housing unit in Pershing County was built around 1992. On average, 2.7 people live in a home with about 5.0 rooms, staying for about 17.0 years on average.
Pershing County, NV Housing Compared With Nearby Counties
Pershing County, NV is the smallest of the 4 counties compared here, 6,487 residents against a local median of 25,797. The measure that sets Pershing County, NV apart most is median rent: $715, 46% below the local median of $1,318.
Median home price tells the same story from another angle: $224,999 against a local median of $350,315, 36% below it. The counties themselves spread $614 on median rent, so Pershing County, NV sits at one end of an already wide local range rather than apart from it. Pershing County, NV has the 4th highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pershing County, NV | 6,487 | $224,999 #3/4 | $715 #4/4 | 73.0% #2/4 |
| Churchill County, NV | 25,797 | $350,315 | $1,318 | 69.9% |
| Humboldt County, NV | 17,289 | $222,826 | $993 | 74.0% |
| Washoe County, NV | 497,175 | $454,484 | $1,607 | 59.9% |
Frequently Asked Questions
Common questions about the housing market in Pershing County, Nevada.
What is the median home price in Pershing County, Nevada?
The median home price in Pershing County, Nevada is $224,999, lower than the Nevada average of $357,758.
What is the average home price in Pershing County, Nevada?
The typical home price in Pershing County, Nevada, reported as the median sale price, is $224,999. 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 Pershing County, Nevada?
The median gross rent in Pershing County, Nevada is $715 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Pershing County in 2020?
In 2020, the median gross rent in Pershing County, Nevada was $580 per month.
What is the price-to-rent ratio in Pershing County, Nevada?
The price-to-rent ratio in Pershing County, Nevada is about 26.2, meaning it would take roughly 26.2 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 Pershing County.
Are home prices or rent rising faster in Pershing County, Nevada?
Both home prices and rent are rising in Pershing County, up about 31.1% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pershing County, Nevada?
55.2% of households in Pershing County, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in Pershing County, Nevada?
The housing vacancy rate in Pershing County, Nevada is 24.4%, higher than the Nevada average of 9.3%.
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