Market Intelligence · NV
Nevada home prices and housing market.
Real market data across 11 cities and 86 ZIP markets in NV. The typical home is worth about $417K.
Updated September 2026Typical value$417K
The typical home value in Nevada is $417K as of September 2026, down 1.6% from a year ago, based on the Zillow Home Value Index. In the typical Nevada ZIP code, the median list price is $472K and homes spend a median of 59 days on market as of September 2026 (Realtor.com).
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Prices over time
Nevada home prices over time
Typical home values in Nevada are down 1.6% over the past year, from $424K in September 2025 to $417K in September 2026.
| Month | Typical value | 1-yr change |
|---|---|---|
| September 2026 | $417,293 | -1.6% |
| September 2025 | $424,071 | No prior year |
Typical value is the median Zillow Home Value Index across Nevada ZIP codes, taken in September of each year so every row compares the same month.
Market balance
Is Nevada a buyer's or seller's market?
Nevada leans toward a buyer's market.
Homes for sale are building up relative to new listings, which gives buyers more room to negotiate.
Based on a median of 59 days on market and 20% of listings with a price cut in the typical Nevada ZIP code, and 4,132 new listings against 13,686 active listings across Nevada, as of September 2026 (Realtor.com).
The outlook
Nevada housing market forecast 2027
+0.6%
Weighted average of Zillow's ZIP forecasts, 12 months to September 2027
A weighted average of Zillow's ZIP forecasts, across 125 Nevada ZIP codes, points to typical home values rising 0.6% by September 2027.
Over the 12 months through September 2026, typical home values in Nevada fell 1.6%, per the Zillow Home Value Index.
Will home prices drop in Nevada?
The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Nevada shows typical home values rising 0.6% by September 2027, after a 1.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.
How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 125 Nevada ZIP codes have both figures.
Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.
Market board
Which Nevada markets have the highest home values?
As of September 2026
- 1Glenbrook, NV$3,440,216Up22.5%1 ZIP market; open the Glenbrook, NV market page
- 2Zephyr Cove, NV$1,487,732Up10.6%1 ZIP market; open the Zephyr Cove, NV market page
- 3Incline Village, NV$1,480,598Up5.6%1 ZIP market; open the Incline Village, NV market page
- 4Washoe Valley, NV$722,464Up1.8%1 ZIP market; open the Washoe Valley, NV market page
- 5Reno, NV$560,179Up2.7%12 ZIP markets; open the Reno, NV market page
- 6Sparks, NV$526,079Up2.4%4 ZIP markets; open the Sparks, NV market page
- 7Carson City, NV$507,522Up1.3%4 ZIP markets; open the Carson City, NV market page
- 8Henderson, NV$464,009Down2.4%8 ZIP markets; open the Henderson, NV market page
- 9North Las Vegas, NV$407,723Down1.2%7 ZIP markets; open the North Las Vegas, NV market page
- 10Las Vegas, NV$405,943Down3.5%44 ZIP markets; open the Las Vegas, NV market page
- 11Pahrump, NV$367,694Up1.0%3 ZIP markets; open the Pahrump, NV market page
Typical value is the median Zillow home value (ZHVI) across each city's ZIP codes, as of September 2026. 1-yr change compares that median to the same ZIPs a year earlier. More NV markets publish as their data clears editorial QA.
Zillow ZHVI, September 2026
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Common questions
Questions about Nevada home prices.
What is the typical home price in Nevada?
The typical home price in Nevada is about $417K as of September 2026, based on the Zillow Home Value Index (the median of the index across Nevada ZIP codes). In the typical Nevada ZIP code, the median list price is $472K as of September 2026 (Realtor.com), which reflects what sellers are asking rather than what homes sell for.
Are home prices going up or down in Nevada?
Typical home values in Nevada are down 1.6% over the past year, based on the Zillow Home Value Index as of September 2026.
Is Nevada a buyer's or seller's market?
Nevada leans toward a buyer's market. Homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 59 days on market and 20% of listings with a price cut in the typical Nevada ZIP code, and 4,132 new listings against 13,686 active listings across Nevada, as of September 2026 (Realtor.com).
How long do homes take to sell in Nevada?
In the typical Nevada ZIP code, homes spend a median of 59 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.
The market is moving