HOME VALUE TRENDS

Nevada home value trends

Home values across Nevada, the state price index, and trends in its largest cities and metro areas.

Data source: U.S. Census Bureau, HUD, and FHFA. State and city figures come from federal surveys and indexes, not live listings, so they trail the market by one to two years.

The median home in Nevada was worth $455,500 in 2024, up 43% from $317,800 in 2019. Since then, the FHFA house price index for the state has moved +2.5% over the year to 2026 Q2, after averaging +8.4% a year from 2020 to 2025.

Metro areas

FHFA all-transactions house price index for metro areas containing Nevada's largest cities
Metro areaPast year (to 2026 Q2)2020–2025 average
Las Vegas-Henderson-North Las Vegas, NV+2.8%+9.1%/yr
Reno, NV+3.8%+7.8%/yr

Home values in Nevada's largest cities

Nevada cities of 150,000+ people: median home value, Census ACS
City20192024Change
Las Vegas, NV$305,900$458,300+50%
Henderson, NV$371,500$520,400+40%
North Las Vegas, NV$285,200$418,300+47%
Reno, NV$378,600$567,700+50%
Enterprise, NV$362,300$500,800+38%
Spring Valley, NV$311,000$440,200+42%
Sunrise Manor, NV$226,400$331,500+46%
Paradise, NV$282,800$388,100+37%

Sources: U.S. Census Bureau, American Community Survey 1-year estimates (2019, 2023, 2024), median value of owner-occupied homes; FHFA all-transactions house price index for the state and for metro areas, through 2026 Q2. How Predictye calculates this.

Frequently asked questions

What is the median home value in Nevada?

$455,500 in 2024, from the Census Bureau's American Community Survey (owners' estimates).

Are home prices in Nevada going up or down?

The FHFA house price index for Nevada moved +2.5% over the year to 2026 Q2, after averaging +8.4% a year from 2020 to 2025.

How much have Nevada home values risen since 2019?

The median value rose from $317,800 in 2019 to $455,500 in 2024, +43%.

Forecast a specific ZIP's home values