Top Nevada markets by PropertyIQ Score
Top metros
| # | Market | Score | Grade |
|---|---|---|---|
| 1 | Elko, NV | 78 | C+ |
| 2 | Carson City, NV | 67 | D+ |
| 3 | Fallon, NV | 59 | F |
| 4 | Reno, NV | 52 | F |
| 5 | Gardnerville Ranchos, NV | 49 | F |
| 6 | Pahrump, NV | 23 | F |
| 7 | Las Vegas, NV | 12 | F |
| 8 | Winnemucca, NV | 2 | F |
Top counties
| # | Market | Score | Grade |
|---|---|---|---|
| 1 | Lyon County, NV | 75 | C |
| 2 | Elko County, NV | 74 | C |
| 3 | Carson City, NV | 62 | D- |
| 4 | Churchill County, NV | 58 | F |
| 5 | Douglas County, NV | 52 | F |
| 6 | esmeralda, nv | 49 | F |
| 7 | Washoe County, NV | 48 | F |
| 8 | Lander County, NV | 42 | F |
| 9 | Storey County, NV | 41 | F |
| 10 | Nye County, NV | 26 | F |
Nevada Real Estate Market
AI-powered housing market analysis for every metro area and county in Nevada. Updated monthly with the latest data from Zillow, Redfin, Census, and FRED.
Nevada Metro Areas
8 metropolitan areas tracked by PropertyIQ in Nevada
Nevada Counties
17 counties tracked by PropertyIQ in Nevada
+5 more counties in Nevada tracked by PropertyIQ
Get AI-Powered Market Analysis
PropertyIQ scores every Nevada market on 40+ indicators. Sign up free to unlock the full dashboard.
Nevada Real Estate Market Analysis
Nevada's real estate market spans a wide range of economic conditions, demographics, and price points. Whether you're a first-time buyer looking for the most affordable Nevada metros or an investor weighing relative market strength, the PropertyIQ Score gives you a single data-first read — built from Zillow price momentum and Realtor.com market-flow signals, updated monthly — of how each market compares to its state.
Nevada's housing market is defined by its two dramatically different economies — Las Vegas's entertainment, hospitality, and convention business, and Reno's emergence as a logistics and manufacturing hub (Tesla Gigafactory, Apple, Google). Nevada's zero state income tax and proximity to California drive persistent in-migration. PropertyIQ closely monitors Las Vegas's sensitivity to hospitality sector employment cycles that create volatility not visible in price-only analysis.
View the full PropertyIQ dashboard for any Nevada market — including its PropertyIQ Score, updated monthly, and the price-momentum and market-flow signals behind it. Compare Nevada markets against their state benchmark or against each other to identify opportunities aligned with your investment strategy.
Nevada Metro Areas and ZIP Codes
Nevada Counties and ZIP Codes
Last updated: 2026-08-21. Data from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA.
Frequently Asked Questions
How many housing markets does PropertyIQ track in Nevada?
PropertyIQ currently tracks 8 metro areas and 17 counties in Nevada, each with its own PropertyIQ Score, home value trend, and days on market reading, refreshed monthly.
What does a PropertyIQ Score of 50 mean for a Nevada market?
A score of 50 marks Nevada's own state average demand momentum. PropertyIQ computes scores nationally across every US market, then calibrates the scale so a Nevada market is read against Nevada's own typical momentum rather than the national average. A market scoring above 50 is positioned to outperform the Nevada average over the next three years, while one below 50 is positioned to lag it.
Where can I find ZIP code level housing data for Nevada?
Every metro area and county listed on this page links through to its own ZIP codes, and each ZIP has its own market page with home value, rent, and days on market data. Start from a Nevada metro or county below, then drill into ZIP codes for the most localized data available.
What data sources does PropertyIQ use for Nevada market data, and how often is it updated?
PropertyIQ ingests fresh data every month from Zillow home values, Realtor.com days on market and price cut activity, Redfin, the US Census Bureau, FRED, the Bureau of Labor Statistics, and the Bureau of Economic Analysis. Every metro, county, and ZIP page for Nevada shows a last updated date, and PropertyIQ Scores are recomputed monthly once that new source data lands.
Which Nevada metro area has the strongest housing demand right now?
As of the latest monthly refresh, Elko, NV has the highest PropertyIQ Score among Nevada metro areas, indicating the strongest demand momentum in the state relative to its own history. Rankings shift month to month as new home value, days on market, and price cut data arrives, so check back after each monthly update.