Nevada home prices and mortgage costs
Typical home value $440,739 · -1.6% in a year · property tax 0.47%
Nevada ranks 16th most expensive of 51 states and D.C. Home values changed -1.6% over the past year and +13.6% over five years. Buying the typical home with 20% down costs about $2,766 a month at 7.11%, which needs a household income of about $118,500.
Cost of the typical Nevada home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $88,148 | $352,591 | $2,372 | $0 | $394 | $2,766 | $118,500 |
| 10% down | $44,074 | $396,665 | $2,668 | $165 | $394 | $3,228 | $138,300 |
| 5% down | $22,037 | $418,702 | $2,817 | $174 | $394 | $3,385 | $145,100 |
| 3.5% down (FHA) | $15,426 | $432,756 | $2,911 | $195 | $394 | $3,500 | $150,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.47% 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.
Check a specific budget: how much house you can afford in Nevada by salary · payment on a $450K home in Nevada
Home prices by county in Nevada
| County | Typical home | 1-yr change | Tax rate | Payment / month | Income needed |
|---|---|---|---|---|---|
| Douglas County | $703,952 | +2.7% | 0.45% | $4,403 | $188,700 |
| Washoe County | $570,399 | +2.2% | 0.44% | $3,565 | $152,800 |
| Carson City | $494,245 | +1.0% | 0.41% | $3,077 | $131,900 |
| Storey County | $480,475 | +2.7% | 0.34% | $2,962 | $126,900 |
| Clark County | $422,748 | -2.6% | 0.48% | $2,655 | $113,800 |
| Lyon County | $420,661 | +3.7% | 0.46% | $2,634 | $112,900 |
| Churchill County | $392,106 | +2.8% | 0.53% | $2,480 | $106,300 |
| Elko County | $372,095 | +2.3% | 0.5% | $2,342 | $100,400 |
| Humboldt County | $355,183 | +4.1% | 0.49% | $2,235 | $95,800 |
| Nye County | $355,161 | +0.6% | 0.45% | $2,223 | $95,300 |
| Lander County | $259,816 | +5.4% | 0.64% | $1,666 | $71,400 |
| Pershing County | $228,049 | -6.9% | 0.62% | $1,459 | $62,500 |
| Lincoln County | $227,121 | -0.7% | 0.51% | $1,433 | $61,400 |
| White Pine County | $184,070 | -1.2% | 0.51% | $1,160 | $49,700 |
| Eureka County | $146,498 | -1.5% | 0.62% | $937 | $40,200 |
| Mineral County | $106,528 | -8.7% | 0.74% | $692 | $29,700 |
Metro areas in Nevada
Frequently asked questions
What is the average home price in Nevada?
The typical home in Nevada is worth $440,739 according to the Zillow Home Value Index for September 2026.
How much income do you need to buy a house in Nevada?
About $118,500 a year to buy the typical $440,739 home with 20% down at 7.11%, keeping housing under 28% of income.
What is the property tax rate in Nevada?
The typical effective rate is 0.47% of the home's value a year (median taxes paid divided by median home value, Census ACS 2025).