Storey County, Nevada Housing Market Prices
Storey 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 2% below the Nevada median$349,995
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Median rent 28% below the Nevada median$1,152
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Storey County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $349,995 | $357,758 | $248,835 |
| Price Trend (Annual %) | 71.5% | 9.4% | 7.5% |
| Median Gross Rent | $1,152 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 7.4% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Storey County is about 2% lower than in Nevada. Rent is about 28% 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 Storey County, up about 71.5% and 7.4% a year respectively. Home prices are changing faster.
Median rent in Storey County rose about 59.9% between 2015 and 2024, from $720 to $1,152. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Storey County.
Buying the median-priced home in Storey County costs roughly 25.3 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 Storey County. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Storey County | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $349,995 | $357,758 | $248,835 |
| Median Household Income | $94,243 | $78,637 | $80,455 |
| Price-to-Income Ratio | 3.7 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Storey County rose about 668.9%, while median household income rose about 34.8% 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 | Storey County | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 89.2% | 54.4% | 58.5% |
| Rental Rate | 3.6% | 36.3% | 31.2% |
| Vacancy Rate | 7.2% | 9.3% | 10.2% |
| Median Tenure (years) | 13.0 | 12.0 | 15.0 |
| Median Year Moved In | 2013 | 2014 | 2011 |
Storey County has a homeownership rate of 89.2%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 7.2%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Storey County | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.18 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1994 | 1993 | 1978 |
| Median Number of Rooms | 5.7 | 5.3 | 5.5 |
The typical housing unit in Storey County was built around 1994. On average, 2.2 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Storey County, NV Housing Compared With Nearby Counties
How Storey County, NV compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Storey County, NV | 4,137 | $349,995 #2/3 | $1,152 #3/3 | 96.1% #1/3 |
| Douglas County, NV | 49,623 | $429,826 | $1,593 | 78.8% |
| Lyon County, NV | 61,677 | $319,033 | $1,326 | 76.7% |
Frequently Asked Questions
Common questions about the housing market in Storey County, Nevada.
What is the median home price in Storey County, Nevada?
The median home price in Storey County, Nevada is $349,995, lower than the Nevada average of $357,758.
What is the average home price in Storey County, Nevada?
The typical home price in Storey County, Nevada, reported as the median sale price, is $349,995. 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 Storey County, Nevada?
The median gross rent in Storey County, Nevada is $1,152 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Storey County in 2020?
In 2020, the median gross rent in Storey County, Nevada was $704 per month.
What is the price-to-rent ratio in Storey County, Nevada?
The price-to-rent ratio in Storey County, Nevada is about 25.3, meaning it would take roughly 25.3 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 Storey County.
Are home prices or rent rising faster in Storey County, Nevada?
Both home prices and rent are rising in Storey County, up about 71.5% and 7.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Storey County, Nevada?
89.2% of households in Storey County, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in Storey County, Nevada?
The housing vacancy rate in Storey County, Nevada is 7.2%, lower than the Nevada average of 9.3%.
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