Nevada
Local Housing Market · Zillow ZHVI · September 2026
$440,739
Typical Home Value
▼ 1.6% YoY ▼ 0.07% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Nevada Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$440,739
▼ 1.6% YoY
Month-over-Month
▼ 0.07% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · 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 · September 2026
• Inventory is up 2.2% YoY and listing prices are softening 3.3% YoY with 24.4% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 58 days — a slower market. Pending ratio is 0.27 — moderate demand, purchase timelines are manageable.
• New listings are roughly flat 1.2% YoY. Seller activity is stable.
Median Listing Price
$480,000
▼ 3.3% YoY
Median Days on Market
58d
0d YoY
Active Listings
13,654
▲ 2.2% YoY
New Listings
4,072
▼ 1.2% YoY
Price Reduced Share
24.4%
of active listings
Pending Ratio
0.27
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) · September 2026
Reno
▼ COOLING
National rank #123
Median Price
$659,777
Median DOM
51d
Demand score 55/100
Las Vegas-Henderson-North Las Vegas
▼ COOLING
National rank #248
Median Price
$469,000
Median DOM
58d
Demand score 2/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply