Whitney, Nevada Housing Market Prices
Whitney 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 16% below the Nevada median$299,977
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Median rent 4% below the Nevada median$1,540
Housing Market Overview
| Metric | Whitney | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $299,977 | $357,758 | $248,835 |
| Price Trend (Annual %) | 19.6% | 9.4% | 7.5% |
| Median Gross Rent | $1,540 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Whitney is about 16% lower than in Nevada. Rent is about 4% 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 Whitney, up about 19.6% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Whitney rose about 56.1% between 2015 and 2024, from $987 to $1,540. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Whitney.
Buying the median-priced home in Whitney costs roughly 16.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Whitney. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Whitney | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $299,977 | $357,758 | $248,835 |
| Median Household Income | $69,859 | $78,637 | $80,455 |
| Price-to-Income Ratio | 4.3 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Whitney rose about 230.6%, while median household income rose about 31.3% 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 | Whitney | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.3% | 54.4% | 58.5% |
| Rental Rate | 37.3% | 36.3% | 31.2% |
| Vacancy Rate | 11.4% | 9.3% | 10.2% |
| Median Tenure (years) | 10.0 | 12.0 | 15.0 |
| Median Year Moved In | 2016 | 2014 | 2011 |
Whitney has a homeownership rate of 51.3%, lower than the Nevada average of 54.4%. Its housing vacancy rate is 11.4%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Whitney | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.91 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1999 | 1993 | 1978 |
| Median Number of Rooms | 4.9 | 5.3 | 5.5 |
The typical housing unit in Whitney was built around 1999. On average, 2.9 people live in a home with about 4.9 rooms, staying for about 10.0 years on average.
Whitney, NV Housing Compared With Nearby Cities
Whitney, NV is the 4th largest of the 5 cities compared here, 38,569 residents against a local median of 188,904. Whitney, NV's homeownership, at 57.9%, runs 26% above the 46.0% typical of the cities around it. That is the better end of the local range on this measure.
The cities themselves spread 32.5% on homeownership, so Whitney, NV sits at one end of an already wide local range rather than apart from it. Whitney, NV has the 2nd highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Whitney, NV | 38,569 | $299,977 #3/5 | $1,540 #2/5 | 57.9% #2/5 |
| Sunrise Manor, NV | 191,359 | $288,848 | $1,397 | 50.8% |
| Henderson, NV | 326,176 | $431,879 | $1,833 | 65.5% |
| Paradise, NV | 186,450 | $316,809 | $1,367 | 41.1% |
| Winchester, NV | 36,180 | $250,924 | $1,220 | 33.0% |
Frequently Asked Questions
Common questions about the housing market in Whitney, Nevada.
What is the median home price in Whitney, Nevada?
The median home price in Whitney, Nevada is $299,977, lower than the Nevada average of $357,758.
What is the average home price in Whitney, Nevada?
The typical home price in Whitney, Nevada, reported as the median sale price, is $299,977. 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 Whitney, Nevada?
The median gross rent in Whitney, Nevada is $1,540 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Whitney in 2020?
In 2020, the median gross rent in Whitney, Nevada was $1,158 per month.
What is the price-to-rent ratio in Whitney, Nevada?
The price-to-rent ratio in Whitney, Nevada is about 16.2, meaning it would take roughly 16.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Whitney.
Are home prices or rent rising faster in Whitney, Nevada?
Both home prices and rent are rising in Whitney, up about 19.6% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Whitney, Nevada?
51.3% of households in Whitney, Nevada own their home, lower than the Nevada average of 54.4%.
What is the vacancy rate in Whitney, Nevada?
The housing vacancy rate in Whitney, Nevada is 11.4%, higher than the Nevada average of 9.3%.
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