Home Values

Nevada Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Nevada is $91, which is lower than the Ames Metro average of $121. The median price of homes currently listed in Nevada is $119,900 while the median price of homes that sold is $123,000. The median rent price in Nevada is $531.

Foreclosures will be a factor impacting home values in the next several years. In Nevada 3.0 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Nevada is 3.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Nevada homeowners underwater on their mortgage is 11.2%.

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Relative ZHVI
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Nevada Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $119,900 Median listing price
  • No recent data Median sale price
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Nevada Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 11.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Huxley $171,300
Ames $154,000
Slater $151,600
Name Median ZHVI
Cambridge $146,200
Roland $136,600
Story City $135,600
Name Median ZHVI
Maxwell $130,100
Colo $114,600
 

Listings & Sales

Data through Feb 28, 2015
  • $91 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.5% Listings with price cut
6.7%
Sold below listing
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Nevada Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,138 Nevada
    $1,135 Ames Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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