Nevada.
16th most expensive state. Typical home $440,739 (-1.6% in a year), estimated payment $2,429 a month. As of Sep 2026.
to buy the typical home at today's mortgage rate — +$1,182 (+105%) since Jan 2020.
- 1 year
- Down $7,277 -2%
- $448,015$440,739 since Sep 2025
- 5 years
- Up $52,773 +14%
- $387,965$440,739 since Sep 2021
- 10 years
- Up $209,534 +91%
- $231,204$440,739 since Sep 2016
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Nevada$2,313
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in Nevada fell 1.6% over the past year — slower than the nation's +1.2%.
Buying the typical Nevada home now takes 37% of the median household income ($78,260/yr, ACS 2020–2024) — the standard affordability line is 30%.
Share of median income needed to buy
Monthly payment for the typical home against the local median household income. Income is an annual survey, stepped — the saw-teeth are survey years, not markets.
- Nevada35.47%
- United States28.57%
Nevada home values
Zillow Home Value Index against the national figure. Mid-tier homes, smoothed and seasonally adjusted.
- Nevada$440,739
- United States$366,157
Metros in Nevada
Largest first, by population. Zillow publishes rent for fewer metros than home values, so a dash means no series — not a market at zero.
| # | Metro activate to sort by Metro | Rent activate to sort by Rent | 1-yr Δ activate to sort by 1-yr Δ | Home value sorted descending, activate to sort ascending | 1-yr Δ activate to sort by 1-yr Δ |
|---|---|---|---|---|---|
| 1 | Gardnerville Ranchos | $2,616 | +5.7% | $703,933 | +2.7% |
| 2 | Reno | $2,069 | +8.2% | $569,662 | +2.1% |
| 3 | Carson City | $2,070 | +5.6% | $494,228 | +1.0% |
| 4 | Las Vegas | $1,732 | +0.5% | $422,654 | -2.6% |
| 5 | Fernley | $2,095 | +6.2% | $420,661 | +3.7% |
| 6 | Fallon | $1,621 | — | $392,104 | +2.8% |
| 7 | Elko | $1,698 | +6.7% | $368,751 | +2.3% |
| 8 | Pahrump | $1,471 | +2.8% | $355,158 | +0.7% |
| 9 | Winnemucca | — | — | $355,112 | +4.1% |
Go deeper: every zip in Nevada.