The housing market in Panaca, NV is strong, boasting a median value of $199,600. This is significantly lower than the US House Median Value of $338,100, but still higher than many other areas. The US 1 year House Appreciation rate was 8.27%, but in Panaca it increased even more to 10.34%. These numbers highlight the positive trend of housing values in Panaca and show that there are plenty of opportunities for potential home buyers.
The median home cost in Panaca is $199,600. Home appreciation the last 10 years has been 229.8%. Home Appreciation in Panaca is up 19.2%.
Average Age of Homes
- The median age of Panaca real estate is 38 years old
The Rental Market in Panaca
- Renters make up 43.7% of the Panaca population
- 0.0% of houses and apartments in Panaca, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.