The housing in 89801 Elko, NV is performing quite well. The median value for housing in this area is $323,800, which is slightly lower than the US House Median Value of $338,100. However, one year house appreciation for 89801 Elko, NV is 9.12%, which is higher than the US 1 year House Appreciation of 8.27%. This number indicates that housing values in this area are increasing rapidly and could be a good investment for those looking to purchase property in the future.
The median home cost in Elko (zip 89801) is $323,800. Home appreciation the last 10 years has been 164.4%. Home Appreciation in Elko (zip 89801) is up 13.9%.
Average Age of Homes
- The median age of Elko (zip 89801) real estate is 33 years old
The Rental Market in Elko (zip 89801)
- Renters make up 28.8% of the Elko (zip 89801) population
- 3.5% of houses and apartments in Elko (zip 89801), 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.