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Nevada Real Estate


According to census data in the year 2000 there were 827,457 housing units in Nevada. This represents a 59.5% from 518,858 in 1990.

Of those housing units, 750,358 were located in either urbanized areas or urban clusters, and 77,099 were located in what is classified as a rural area.

Homeownership rate in Nevada is about 60.9%. Nevada's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Nevada were built after 1986.

Statistics

Housing Size

Housing Units by Size
Studio Type4.8%
One Bedroom15.2%
Two Bedrooms29%
Three Bedrooms34.7%
Four Bedrooms13.4%
Five Bedrooms or more2.9%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1989
Median Value of occupied units$142,000
Median Price asked for vacant units$142,500

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1983
Median Monthly Rent asked for vacant units$631

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage11.6%
Home Equity Loan7.2%
Simple Mortgage62.9%
Debt Free18.0%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%

Cities & Towns


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