Cities with the fastest-growing home prices in Nevada

Written by:
Stacker
September 23, 2024
Konstantin L // Shutterstock

Cities with the fastest-growing home prices in Nevada

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Nevada using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending August 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Nevada.

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#50. Hawthorne

- Typical home value: $116,369
- 1-year price change: -12,632.698296677321 (-9.8%)
- 5-year price change: +$25,041 (+27.4%)
- Metro area: not in a metro area

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#49. Eureka

- Typical home value: $192,849
- 1-year price change: -8,769.334477786208 (-4.3%)
- 5-year price change: +$36,805 (+23.6%)
- Metro area: Elko, NV

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#48. Zephyr Cove

- Typical home value: $1,133,691
- 1-year price change: -8,412.385221953038 (-0.7%)
- 5-year price change: +$389,862 (+52.4%)
- Metro area: Gardnerville Ranchos, NV

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#47. Pioche

- Typical home value: $195,063
- 1-year price change: -5,440.978019016271 (-2.7%)
- 5-year price change: +$48,310 (+32.9%)
- Metro area: not in a metro area

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#46. Alamo

- Typical home value: $194,974
- 1-year price change: -4,147.817599790898 (-2.1%)
- 5-year price change: +$52,633 (+37.0%)
- Metro area: not in a metro area

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#45. Caliente

- Typical home value: $172,672
- 1-year price change: -1,244.288887616829 (-0.7%)
- 5-year price change: +$38,603 (+28.8%)
- Metro area: not in a metro area

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#44. Austin

- Typical home value: $76,659
- 1-year price change: +$1,263 (+1.7%)
- 5-year price change: -6,661.028480904322 (-8.0%)
- Metro area: not in a metro area

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#43. Ely

- Typical home value: $195,671
- 1-year price change: +$2,483 (+1.3%)
- 5-year price change: +$57,370 (+41.5%)
- Metro area: not in a metro area

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#42. Panaca

- Typical home value: $188,923
- 1-year price change: +$2,890 (+1.6%)
- 5-year price change: +$54,295 (+40.3%)
- Metro area: not in a metro area

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#41. Wells

- Typical home value: $189,219
- 1-year price change: +$3,162 (+1.7%)
- 5-year price change: +$23,299 (+14.0%)
- Metro area: Elko, NV

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#40. Mesquite

- Typical home value: $384,287
- 1-year price change: +$3,484 (+0.9%)
- 5-year price change: +$107,506 (+38.8%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#39. Pahrump

- Typical home value: $348,842
- 1-year price change: +$7,096 (+2.1%)
- 5-year price change: +$116,509 (+50.1%)
- Metro area: Pahrump, NV

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#38. Laughlin

- Typical home value: $267,818
- 1-year price change: +$7,393 (+2.8%)
- 5-year price change: +$96,975 (+56.8%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#37. Minden

- Typical home value: $673,302
- 1-year price change: +$8,084 (+1.2%)
- 5-year price change: +$188,773 (+39.0%)
- Metro area: Gardnerville Ranchos, NV

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#36. Battle Mountain

- Typical home value: $251,086
- 1-year price change: +$8,363 (+3.4%)
- 5-year price change: +$73,223 (+41.2%)
- Metro area: not in a metro area

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#35. Yerington

- Typical home value: $295,843
- 1-year price change: +$10,228 (+3.6%)
- 5-year price change: +$92,184 (+45.3%)
- Metro area: Fernley, NV

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#34. Elko

- Typical home value: $339,379
- 1-year price change: +$10,969 (+3.3%)
- 5-year price change: +$75,498 (+28.6%)
- Metro area: Elko, NV

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#33. Searchlight

- Typical home value: $235,802
- 1-year price change: +$11,165 (+5.0%)
- 5-year price change: data not available
- Metro area: Las Vegas-Henderson-Paradise, NV

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#32. McGill

- Typical home value: $129,912
- 1-year price change: +$11,582 (+9.8%)
- 5-year price change: +$40,966 (+46.1%)
- Metro area: not in a metro area

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#31. Spring Creek

- Typical home value: $379,897
- 1-year price change: +$12,306 (+3.3%)
- 5-year price change: +$97,254 (+34.4%)
- Metro area: Elko, NV

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#30. Fernley

- Typical home value: $383,588
- 1-year price change: +$13,635 (+3.7%)
- 5-year price change: +$111,908 (+41.2%)
- Metro area: Fallon, NV

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#29. Winnemucca

- Typical home value: $318,027
- 1-year price change: +$13,863 (+4.6%)
- 5-year price change: +$103,342 (+48.1%)
- Metro area: Winnemucca, NV

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#28. Dayton

- Typical home value: $441,149
- 1-year price change: +$13,943 (+3.3%)
- 5-year price change: +$123,432 (+38.8%)
- Metro area: Fernley, NV

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#27. Silver Springs

- Typical home value: $325,956
- 1-year price change: +$14,707 (+4.7%)
- 5-year price change: +$93,986 (+40.5%)
- Metro area: Fernley, NV

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#26. Overton

- Typical home value: $317,673
- 1-year price change: +$14,962 (+4.9%)
- 5-year price change: +$87,653 (+38.1%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#25. Gardnerville

- Typical home value: $585,078
- 1-year price change: +$15,298 (+2.7%)
- 5-year price change: +$164,502 (+39.1%)
- Metro area: Gardnerville Ranchos, NV

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#24. West Wendover

- Typical home value: $274,850
- 1-year price change: +$15,684 (+6.1%)
- 5-year price change: +$86,305 (+45.8%)
- Metro area: Elko, NV

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#23. Sun Valley

- Typical home value: $415,697
- 1-year price change: +$16,334 (+4.1%)
- 5-year price change: +$125,162 (+43.1%)
- Metro area: Reno, NV

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#22. Indian Springs

- Typical home value: $379,483
- 1-year price change: +$16,634 (+4.6%)
- 5-year price change: data not available
- Metro area: Las Vegas-Henderson-Paradise, NV

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#21. Fallon

- Typical home value: $372,109
- 1-year price change: +$17,867 (+5.0%)
- 5-year price change: +$118,044 (+46.5%)
- Metro area: Fallon, NV

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#20. Carlin

- Typical home value: $184,567
- 1-year price change: +$17,952 (+10.8%)
- 5-year price change: +$34,577 (+23.1%)
- Metro area: Elko, NV

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#19. Lovelock

- Typical home value: $222,675
- 1-year price change: +$18,530 (+9.1%)
- 5-year price change: +$104,697 (+88.7%)
- Metro area: not in a metro area

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#18. Sparks

- Typical home value: $511,485
- 1-year price change: +$18,757 (+3.8%)
- 5-year price change: +$152,420 (+42.4%)
- Metro area: Reno, NV

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#17. Wellington

- Typical home value: $515,541
- 1-year price change: +$18,888 (+3.8%)
- 5-year price change: +$148,732 (+40.5%)
- Metro area: Gardnerville Ranchos, NV

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#16. Bunkerville

- Typical home value: $378,556
- 1-year price change: +$21,040 (+5.9%)
- 5-year price change: +$112,178 (+42.1%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#15. Carson City

- Typical home value: $477,650
- 1-year price change: +$21,065 (+4.6%)
- 5-year price change: +$141,042 (+41.9%)
- Metro area: Carson City, NV

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#14. Reno

- Typical home value: $550,448
- 1-year price change: +$22,414 (+4.2%)
- 5-year price change: +$166,281 (+43.3%)
- Metro area: Reno, NV

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#13. North Las Vegas

- Typical home value: $407,874
- 1-year price change: +$22,509 (+5.8%)
- 5-year price change: +$133,790 (+48.8%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#12. Verdi

- Typical home value: $768,166
- 1-year price change: +$23,748 (+3.2%)
- 5-year price change: +$251,131 (+48.6%)
- Metro area: Reno, NV

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#11. Logandale

- Typical home value: $494,198
- 1-year price change: +$25,539 (+5.4%)
- 5-year price change: +$151,570 (+44.2%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#10. Boulder City

- Typical home value: $458,814
- 1-year price change: +$25,616 (+5.9%)
- 5-year price change: +$133,578 (+41.1%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#9. Mount Charleston

- Typical home value: $569,679
- 1-year price change: +$26,603 (+4.9%)
- 5-year price change: +$170,076 (+42.6%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#8. Henderson

- Typical home value: $487,466
- 1-year price change: +$26,782 (+5.8%)
- 5-year price change: +$150,731 (+44.8%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#7. Jean

- Typical home value: $265,744
- 1-year price change: +$27,016 (+11.3%)
- 5-year price change: +$71,183 (+36.6%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#6. Las Vegas

- Typical home value: $426,533
- 1-year price change: +$27,272 (+6.8%)
- 5-year price change: +$138,728 (+48.2%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#5. Smith

- Typical home value: $564,255
- 1-year price change: +$34,023 (+6.4%)
- 5-year price change: +$158,047 (+38.9%)
- Metro area: Fernley, NV

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#4. Moapa

- Typical home value: $391,416
- 1-year price change: +$37,357 (+10.6%)
- 5-year price change: +$96,567 (+32.8%)
- Metro area: Las Vegas-Henderson-Paradise, NV

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#3. Genoa

- Typical home value: $1,168,822
- 1-year price change: +$42,719 (+3.8%)
- 5-year price change: +$434,929 (+59.3%)
- Metro area: Gardnerville Ranchos, NV

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#2. Incline Village

- Typical home value: $1,447,887
- 1-year price change: +$47,642 (+3.4%)
- 5-year price change: +$592,755 (+69.3%)
- Metro area: Reno, NV

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#1. Glenbrook

- Typical home value: $2,776,735
- 1-year price change: +$48,373 (+1.8%)
- 5-year price change: +$1,041,236 (+60.0%)
- Metro area: Gardnerville Ranchos, NV

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