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 price of homes currently listed in Nevada is $179,900.

Foreclosures will be a factor impacting home values in the next several years. In Nevada 39.4 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 3.9 and also greater 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 7.1%, which is higher 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 6.9%, which is lower than Dallas-Fort Worth Metro at 8.6%.

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Relative ZHVI
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Nevada Market Overview

  • No data
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Nevada Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 6.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

39.4 homes(Sep 30, 2014) Nevada
3.9 homes Dallas-Fort Worth Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Rockwall $183,400
Fate $169,600
Lavon $162,500
Name Median ZHVI
Wylie $158,100
Rowlett $156,000
Royse City $139,000
Name Median ZHVI
Garland $113,300
Farmersville $108,400
Terrell $87,100

Listings & Sales

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Nevada Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,465 Dallas-Fort Worth Metro
    $1,364 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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