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Storey County, NV housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$480,475+2.7% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$104,157About 1.1× the local median income ($92,548): a stretch for a typical household
Days on market102 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.4%Zillow expects prices to rise slightly

The typical home in Storey County, NV is worth $480,475, up 2.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $425,791, so the area is 12.8% overvalued. It is a seller's market: homes take about 102 days to sell, listings are down 30% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 2.4% over the next year. A household needs about $104,157 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,548. In the latest IRS figures, 53 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K$500K200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$480,475
Change in 1 year+2.7%
Overvalued %+12.8%
Show 7 more
Fair home value$425,791
Change in 5 years+5.3%
Zillow forecast, next 12 months+2.4%
Home value to income5.2×
Monthly mortgage payment (20% down)$2,604
Income needed to afford it$104,157
Property tax rate0.34%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$1,837

Market activity

Listings vs a year ago−30.0%
Days on market102
Listings with a price cut20.0%
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Homes for sale14
Pending sales per 100 listings57
Asking price per sq ft$335

People and jobs

Median household income$92,548
Population change (1 year)+1.9%
Unemployment rate6.5%
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Population4,260
Income adjusted for cost of living$91,632
Net moves in (IRS)+53
Cost of living (US = 100)101.0

Schools, risk and environment

School rating (1 to 10)7.7
FEMA hazard risk score (0 to 100)25.2
Flood risk score9.8
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Wildfire risk score96.3
Walkability (1 to 20)3.6
Road, rail and air noise53 dB

Questions people ask

Is Storey County, NV overvalued?
Home prices in Storey County, NV are well above what local incomes have historically supported: fair value is about $425,791, so the area is 12.8% overvalued.
Is Storey County, NV a buyer's or seller's market?
Storey County, NV is a seller's market: homes take about 102 days to sell, listings are down 30% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Storey County, NV?
Home values in Storey County, NV are up 2.7% over the last year. Zillow's forecast for the next 12 months is +2.4%.
How much do you need to earn to buy a home in Storey County, NV?
A household needs about $104,157 a year to afford the typical home in Storey County, NV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $92,548.

Nearby and similar counties

ZIP codes in Storey County (open on the map)

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