Market Intelligence · NV / Carson City

Carson City, NV 89703 Housing Market

A typical home in Carson City 89703 is valued at $624,240, up 0.8% over the past year. The median list price stands at $757,225, with homes spending a median of 53 days on the market.

Updated September 2026Median value$627K

The median home value in Carson City, NV 89703 is $627K as of September 2026, up 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 89703 range

$577K to $677K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.5% over 12 months

Typical home value in 89703 over the last 12 months: $618K in Sep 2025 to $627K in Sep 2026 (+1.5%).

Sep 2025$618K

Sep 2026$627K

The numbers

What is the 89703 housing market like?

Typical home value

$627K

Up1.5%YoY

Median list price

$757K

Up4.2%MoM

Days on market

53

Up43.2%MoM

Homes for sale

41

Up7.9%MoM

Price cuts

28.0%

Up31.4%MoM

New listings

8

Down66.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

89703 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89703 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 89703 rose 1.5%, per the Zillow Home Value Index.

Will home prices drop in 89703?

Zillow's forecast does not call for a drop: it expects typical home values in 89703 to rise 2.0% by September 2027, after a 1.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 89703 home prices compare?

  • 89703$627,090
  • Carson City$507,522
  • Nevada$417,293
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Carson City: 4 ZIPs; Nevada: 133 ZIPs; United States: 26,262 ZIPs).

Context

The market in this ZIP shows a mix of activity and caution. Forty-one homes are currently for sale, though only 8 new listings arrived in September 2026. Price cuts have appeared on 28.0% of active listings, suggesting some sellers are adjusting expectations. Homes are taking about seven weeks to move. For a seller, the modest appreciation combined with moderate inventory means pricing strategically from the start matters more than waiting for perfect conditions.

Monthly payment

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20% · $125,418

Human help

Licensed pros in 89703.

Matthew Murphy

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Matthew Murphy

Lic #B.146332.LLC NV

Common questions

What people ask us.

What is the typical home value in Carson City 89703?

The typical home value is $624,240, up 0.8% over the past year as of August 2026.

How long do homes typically stay on the market?

Homes spend a median of 53 days on the market in this ZIP.

What share of homes have had price reductions?

As of September 2026, 28.0% of listings in the area have had price cuts.

Discover

Nearby ZIP markets.

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Guides for sellers.