Nevada
Local Housing Market · Zillow ZHVI · July 2026
$447,473
Typical Home Value
▼ 2.0% YoY ▼ 0.24% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 Nevada Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$447,473
▼ 2.0% YoY
Month-over-Month
▼ 0.24% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Nevada
Market Indicators
REALTOR.COM🏦 LO Market Signal · July 2026
• Inventory is down 0.1% YoY and listing prices are softening 1.9% YoY with 22.9% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 57 days — a slower market. Pending ratio is 0.3 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 0.5% YoY. Seller activity is stable.
Median Listing Price
$489,949
▼ 1.9% YoY
Median Days on Market
57d
0d YoY
Active Listings
13,084
▼ 0.1% YoY
New Listings
4,430
▲ 0.5% YoY
Price Reduced Share
22.9%
of active listings
Pending Ratio
0.3
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Nevada
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · July 2026
Reno
▼ COOLING
National rank #121
Median Price
$675,000
Median DOM
50d
Demand score 56/100
Las Vegas-Henderson-North Las Vegas
▼ COOLING
National rank #254
Median Price
$469,900
Median DOM
57d
Demand score 3/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply