US housing market report · July 2026
The state of the Nevada housing market.
Median home value and city-by-city trends across Nevada, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.
Nevada median value
$421K
Zillow ZHVI, July 2026
Cities covered
7
with published pages
Report video
Monthly
per city, on each hub
12-month outlook · data through July 2026
Where are Nevada home values headed?
Current typical value
$420,873
Zillow ZHVI median, July 2026
Past 12 months
-2.8%
change in the median
12 months out
$409,000
if the recent trend continues
Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.
Where values are climbing
Fastest appreciating Nevada cities
- 1Reno$567KUp1.7%
- $378KUp1.5%
- $530KUp1.1%
- $512KUp0.9%
- $413KDown1.5%
- $471KDown2.9%
- $413KDown3.8%
Where the market is cooling
Fastest cooling Nevada cities
- $413KDown3.8%
- $471KDown2.9%
- $413KDown1.5%
- $512KUp0.9%
- $530KUp1.1%
- $378KUp1.5%
- 7Reno$567KUp1.7%
Priciest markets in the state
Most expensive Nevada cities by median value
- 1Reno$567K
- $530K
- $512K
- $471K
- $413K
- $413K
- $378K
Common questions
What people ask us.
Methodology & attribution
Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Nevada, as of July 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Nevada market index.