The housing market in Elko, NV County is thriving. The median value of a house in Elko County is $319,300, which is just slightly lower than the US national median value of $338,100. However, the 1 year appreciation rate for housing in Elko County is higher than the national rate at 10.34% as opposed to 8.27%. This demonstrates strong growth and investment potential for those looking to purchase or sell a home in this area.
The median home cost in Elko County is $319,300. Home appreciation the last 10 years has been 164.4%. Home Appreciation in Elko County is up 13.9%.
Average Age of Homes
- The median age of Elko County real estate is 29 years old
The Rental Market in Elko County
- Renters make up 25.4% of the Elko County population
- 3.3% of houses and apartments in Elko County, 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.