I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Nevada
💡 Key Nevada housing market facts
| Data Point | Value | Rank | Compared to National Avg |
| Typical Home Value | $426,267[1] | #15 of 50 states | 20.4% higher |
| Median Listing Price | $487,000[2] | #17 of 50 states | 11.3% higher |
| Median Sale Price | $477,200[3] | #12 of 50 states | 22.4% higher |
| 30 Year Mortgage Rate | 6.95%[4] | #15 of 50 states | 0.4% lower |
| Median Days on Market | 43[5] | #14 of 50 states | 13.9% shorter |
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🗺️ Buying a house in the Nevada real estate market
Nevada has an affordability score of 7.7, meaning it takes 7.7 years of the median household income ($62,043) to afford Nevada's median home sale price ($477,200). Because of this, we rank Nevada as the 8th least affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to National Avg |
| Median Sale Price | $477,200[6] | #12 of 50 states | 22.4% higher |
| 30 Year Mortgage Rate | 6.95%[7] | #15 of 50 states | 0.4% lower |
| Median Household Income | $62,043[8] | #26 of 50 states | 3.9% lower |
| Affordability Ratio | 7.7 | #43 of 50 states | 28.6% higher |
| Buyers Agent Commission | 2.90%[9] | #41 of 50 states | 8.4% higher |
Resources for Nevada home buyers
Preparing to buy in Nevada
Nevada home buying costs
🗺️ Selling a house in the Nevada real estate market
According to our detailed survey of Nevada real estate agents, listing agents (those representing the seller) charge an average commission in Nevada of 2.9%, which is the 19th highest in the United States. Buyers' agents charge an average commission of 2.9%, which is the 10th highest in the United States.
| Data Point | Value | Rank | Compared to National Avg |
| Median Listing Price | $487,000[10] | #17 of 50 states | 11.3% higher |
| Median Sale Price | $477,200[11] | #12 of 50 states | 22.4% higher |
| Median Days on Market | 43[12] | #14 of 50 states | 13.9% shorter |
| Buyer's Agent Commission | 2.90%[13] | #41 of 50 states | 8.4% higher |
| Listing Agent Commission | 2.90%[14] | #32 of 50 states | 1.5% higher |
Resources for Nevada home sellers
Preparing to sell in Nevada
- Average Time to Sell a House in Nevada
- When Is the Best Time to Sell a House in Nevada?
- Top Real Estate Agents in Nevada
Nevada home selling costs and requirements
Moving to Nevada
According to our recent moving trends survey[15], 7% of Americans indicated that they would choose to move to Nevada if money were no object. Likewise, 14% of survey respondents indicated that they would move to Las Vegas among a choice of America's largest cities.
Here's how Nevada cities rank in a number of our research studies.
| Study | Best Nevada city | Rank |
| Best Pizza Cities[16] | Las Vegas | 18th best |
| Best Coffee Cities[17] | Las Vegas | 9th best |
| Best LGBTQ Cities[18] | Las Vegas | 3rd best |
| Best Bike Cities[19] | Las Vegas | 33rd best |
| Best Commuter Cities[20] | Las Vegas | 25th best |