Home ValuePros

Market Intelligence · NV / Douglas County

Zephyr Cove, NV home prices and housing market

1 ZIP market liveData updated September 2026Typical value$1.49M1-yr changeUp10.6%

The typical home value in Zephyr Cove, NV is $1.49M as of September 2026, up 10.6% from a year ago, based on the Zillow Home Value Index. In the typical Zephyr Cove ZIP code, the median list price is $2.43M and homes spend a median of 80 days on market as of September 2026 (Realtor.com).

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The coverage

Zephyr Cove, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.49M
1-yr changeMedian across Zephyr Cove ZIPs
+10.6%
ZIP markets live
1
County
Douglas County

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12-month value trend

+10.6% over 12 months

Typical home value in Zephyr Cove over the last 12 months: $1.35M in Sep 2025 to $1.49M in Sep 2026 (+10.6%).

Sep 2025$1.35M

Sep 2026$1.49M

Median Zillow home value index across Zephyr Cove's ZIP codes.

Context

Zephyr Cove's typical home value sits at $1,469,018, up 9.9% over the past year as of August 2026. The market shows limited inventory, with just 18 homes for sale and only 4 new listings in September 2026. The median list price stands at $2,430,250, and homes are taking a median of 80 days to sell. About 11.9% of listings have seen price reductions. For sellers, the combination of tight supply and modest competition suggests reasonably favorable conditions, though the slower pace of sales and existing price adjustments indicate this is not a rapidly moving market.

The numbers

What is the housing market like in Zephyr Cove, NV?

Typical home value

$1.49M

Up10.6%YoY

Median list price

$2.43M

Days on market

80

Homes for sale

18

Price cuts

11.9%

New listings

4

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

Figures reflect Zephyr Cove's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Zephyr Cove, NV home prices over time

Typical home values in Zephyr Cove, NV are up 10.6% over the past year, from $1.35M in September 2025 to $1.49M in September 2026.

Typical home value in Zephyr Cove, NV, September of each year
MonthTypical value1-yr change
September 2026$1,487,732+10.6%
September 2025$1,345,485No prior year

Typical value is the median Zillow Home Value Index across Zephyr Cove ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Zephyr Cove, NV a buyer's or seller's market?

Zephyr Cove, NV leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 80 days on market and 12% of listings with a price cut in the typical Zephyr Cove ZIP code, and 4 new listings against 18 active listings across Zephyr Cove, as of September 2026 (Realtor.com).

The outlook

Zephyr Cove housing market forecast 2027

+2.9%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Zephyr Cove ZIP code, points to typical home values rising 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in Zephyr Cove rose 10.6%, per the Zillow Home Value Index.

Will home prices drop in Zephyr Cove?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Zephyr Cove shows typical home values rising 2.9% by September 2027, after a 10.6% rise 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). 1 Zephyr Cove ZIP code has 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.

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Live markets

What ZIP codes are live in Zephyr Cove?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Zephyr Cove?

Top real estate agents in Zephyr Cove, NV

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Common questions

Questions about Zephyr Cove, NV home prices.

How much is a typical home worth in Zephyr Cove?

The typical home value in Zephyr Cove is $1,469,018 as of August 2026, up 9.9% over the past year.

How long do homes take to sell in Zephyr Cove?

Homes in Zephyr Cove take a median of 80 days to sell as of September 2026.

How many homes are currently for sale in Zephyr Cove?

There are 18 homes for sale in Zephyr Cove as of September 2026, with 4 new listings and 11.9% of listings carrying a price cut.

Are home prices going up or down in Zephyr Cove, NV?

Typical home values in Zephyr Cove, NV are up 10.6% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Zephyr Cove, NV a buyer's or seller's market?

Zephyr Cove, NV leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 80 days on market and 12% of listings with a price cut in the typical Zephyr Cove ZIP code, and 4 new listings against 18 active listings across Zephyr Cove, as of September 2026 (Realtor.com).

Nearby markets

More Nevada housing markets.

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