HomeRule

Cost of homeownership in Nevada

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$266,259
Avg property tax
$1,388
Homeownership rate
70.9%
1yr appreciation
0.2%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Douglas County$529,600
  2. 2.Washoe County$460,000
  3. 3.Carson City$390,800
  4. 4.Clark County$368,800
  5. 5.Lyon County$314,200
  6. 6.Storey County$297,800
  7. 7.Elko County$274,200
  8. 8.Churchill County$255,200
  9. 9.Humboldt County$242,200
  10. 10.Nye County$235,500

Most affordable counties

  1. 1.Eureka County9.0%
  2. 2.Esmeralda County9.0%
  3. 3.Lander County12.1%
  4. 4.White Pine County13.1%
  5. 5.Pershing County13.7%
  6. 6.Lincoln County13.7%
  7. 7.Elko County15.1%
  8. 8.Storey County15.6%
  9. 9.Nye County15.8%
  10. 10.Churchill County15.9%
Avg electricity
13.2¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,420

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Nevada

Frequently asked questions

How much does it cost to own a home in Nevada?

Based on Census ACS, the state average home value in Nevada is $266,259, with median annual property tax around $1,388. Your actual cost depends on county and property.

What is the property tax in Nevada?

Property tax rates vary by county. Nevada's state average sits at roughly $1,388 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Nevada?

FHFA House Price Index data shows Nevada appreciating 0.2% over the last year and 40.3% over the last five years.

Is homeownership high in Nevada?

Nevada's homeownership rate is 70.9% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.