Housing in Nevada, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$251,000
Median List Price
$244,950
Price Per Sq Ft
$166
Days on Market
104
Active Inventory
16
Months of Supply
4.0
Balanced market
Zillow Home Value
$231,888
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
14.3%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
8
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$166
Median List $/SF
$233
Nevada vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Nevada is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$177,800
Median Rent
$884
Total Housing Units
3,253
Vacancy Rate
6.2%
Owner Occupied
71.1%
Renter Occupied
28.9%
Median Property Tax
$2,673
per year
Monthly Cost (w/ Mortgage)
$994
Housing Types
The current median sale price in Nevada, IA is $251,000 according to Redfin data. Homes spend a median of 104 days on the market. 25.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $166. The median rent is $884 per month (Census ACS). About 71.1% of housing units are owner-occupied. The median year homes were built is 1973. There are 3,253 total housing units.