The housing market in Nye, NV County is quite strong, with the median value of homes being just slightly lower than the US average. Despite this, appreciation for homes over the past year has been relatively slow at 4.72%, compared to the US average of 8.27%. This indicates that while home values remain steady in Nye county, they are not increasing as quickly as other parts of the country. In general, however, Nye County has a healthy housing market with prices comparable to the national average.
The median home cost in Nye County is $319,000. Home appreciation the last 10 years has been 229.7%. Home Appreciation in Nye County is up 19.2%.
Average Age of Homes
- The median age of Nye County real estate is 22 years old
The Rental Market in Nye County
- Renters make up 23.9% of the Nye County population
- 0.9% of houses and apartments in Nye 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.