Elko County, Nevada home prices
Typical home $372,095 · +2.3% in a year · property tax 0.5%
The typical home in Elko County is worth $372,095, 16% less than the Nevada typical home ($440,739). Values changed +2.3% in the past year and +20.0% over five years. Homeowners here pay a median 0.5% of their home's value in property tax each year ($1,842 on the typical home), versus 0.47% statewide.
Mortgage on the typical Elko County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $74,419 | $297,676 | $2,002 | $0 | $340 | $2,342 | $100,400 |
| 10% down | $37,210 | $334,886 | $2,253 | $140 | $340 | $2,732 | $117,100 |
| 5% down | $18,605 | $353,491 | $2,378 | $147 | $340 | $2,865 | $122,800 |
| 3.5% down (FHA) | $13,023 | $365,356 | $2,458 | $165 | $340 | $2,962 | $126,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.5% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Nevada · part of the Elko metro area.
Nevada counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Humboldt County | $355,183 | +4.1% | 0.49% |
| Nye County | $355,161 | +0.6% | 0.45% |
| Churchill County | $392,106 | +2.8% | 0.53% |
| Lyon County | $420,661 | +3.7% | 0.46% |
| Clark County | $422,748 | -2.6% | 0.48% |
| Storey County | $480,475 | +2.7% | 0.34% |
| Lander County | $259,816 | +5.4% | 0.64% |
| Carson City | $494,245 | +1.0% | 0.41% |
| Pershing County | $228,049 | -6.9% | 0.62% |
| Lincoln County | $227,121 | -0.7% | 0.51% |
Frequently asked questions
What is the average home price in Elko County, NV?
The typical home value in Elko County is $372,095 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Elko County?
About $100,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Elko County?
The median effective rate is 0.5% of home value a year (Census ACS 2024 5-year estimates).