2026 Market Report & Data · Data through May 2026 · Source: Redfin
$481K
Median Price
52
Days on Market
3.7
Months Supply
+0.8%
YoY Change
Balanced Market
Market Type
11
cities with 6+ months supply
26
cities with 3-6 months supply
35
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Denio | $50K | 532d |
| 2. Gabbs | $60K | 6d |
| 3. Montello | $65K | 77d |
| 4. McDermitt | $80K | 10d |
| 5. Cal-Nev-Ari | $85K | 42d |
| 6. Mountain City | $85K | 23d |
| 7. Wells | $96K | 78d |
| 8. Valmy | $123K | 233d |
| 9. Golconda | $125K | 116d |
| 10. Gerlach | $175K | 47d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Lakeridge | $22.44M | 758d |
| 2. Crystal Bay | $14.35M | 334d |
| 3. Skyland | $6.08M | 27d |
| 4. Stateline | $3.50M | 147d |
| 5. Glenbrook | $3.38M | 104d |
| 6. Logan Creek | $2.40M | 67d |
| 7. Genoa | $2.12M | 48d |
| 8. Round Hill Village | $2.09M | 178d |
| 9. Incline Village | $1.93M | 69d |
| 10. Verdi | $1.47M | 191d |
11 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Mount Charleston | 14.0 mo | $738K | 169d |
| 2. Zephyr Cove | 12.0 mo | $1.25M | 20d |
| 3. Laughlin | 11.2 mo | $270K | 47d |
| 4. Moapa Valley | 10.7 mo | $380K | 67d |
| 5. Indian Springs | 10.0 mo | $384K | 85d |
| 6. Mesquite | 9.8 mo | $485K | 104d |
| 7. Tonopah | 9.0 mo | $205K | 81d |
| 8. Genoa | 7.0 mo | $2.12M | 48d |
| 9. Verdi | 7.0 mo | $1.47M | 191d |
| 10. Winchester | 6.5 mo | $275K | 84d |
35 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Carlin | 0.3 mo | $290K | 38d |
| 2. Topaz Ranch Estates | 0.5 mo | $472K | 77d |
| 3. Beatty | 1.0 mo | $225K | d |
| 4. Carter Springs | 1.0 mo | $475K | 277d |
| 5. Double Spring | 1.0 mo | $1.15M | 35d |
| 6. Glenbrook | 1.0 mo | $3.38M | 104d |
| 7. Golden Valley | 1.0 mo | $515K | 127d |
| 8. Nelson | 1.0 mo | $1.21M | 188d |
| 9. Ruhenstroth | 1.0 mo | $970K | 189d |
| 10. Sandy Valley | 1.0 mo | $310K | 76d |
Cities where homes sell fastest, ranked by lowest median days on market.
| City | Days on Market | Median Price |
|---|---|---|
| 1. Blue Diamond | 4d | $750K |
| 2. Gabbs | 6d | $60K |
| 3. McDermitt | 10d | $80K |
| 4. West Wendover | 17d | $188K |
| 5. Zephyr Cove | 20d | $1.25M |
| 6. Indian Hills | 21d | $610K |
| 7. Mountain City | 23d | $85K |
| 8. Winnemucca | 23d | $490K |
| 9. Cold Springs | 24d | $513K |
| 10. Spanish Springs | 24d | $641K |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Incline Village | +37.9% | $1.93M |
| 2. Winnemucca | +29.6% | $490K |
| 3. Mesquite | +21.6% | $485K |
| 4. Summerlin South | +17.7% | $948K |
| 5. Boulder City | +10.8% | $513K |
| 6. Gardnerville | +8.8% | $588K |
| 7. Paradise | +6.4% | $405K |
| 8. Dayton | +4.6% | $455K |
| 9. Fernley | +4.1% | $432K |
| 10. Sun Valley | +3.1% | $464K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Smith Valley | -15.7% | $700K |
| 2. Carson City | -13.5% | $480K |
| 3. Elko | -10.2% | $360K |
| 4. Winchester | -9.8% | $275K |
| 5. Kingsbury | -9.7% | $780K |
| 6. Gardnerville Ranchos | -9.6% | $520K |
| 7. Fallon | -6.7% | $350K |
| 8. Indian Hills | -6.1% | $610K |
| 9. Laughlin | -5.3% | $270K |
| 10. Spanish Springs | -4.4% | $641K |
The Nevada housing market currently shows balanced market conditions, with a median sale price of $481K and 3.7 months of inventory supply. Homes in Nevada typically sell in 52 days.
Whether you're buying or selling in Nevada, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Nevada provides expert guidance tailored to your specific city and neighborhood.
Nevada is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.
The median home price in Nevada is approximately $481K as of May 2026. Prices range significantly across the state, with Lakeridge among the most expensive areas and Denio offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in Nevada vary by city and market conditions. The fastest-selling markets include Blue Diamond with a median of 4 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in Nevada depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target Nevada market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Nevada to help you find the right match.
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