Housing in Elko, NV

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$422,850

Median List Price

$405,000

Price Per Sq Ft

$195

Days on Market

96

Active Inventory

65

Months of Supply

4.6

Balanced market

Zillow Home Value

$350,172

ZHVI — January 2026

Zillow Rent Index

$1,523

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 17.8%List Price 7.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

21.4%

Off Market in 2 Weeks

54.5%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
21.4%
Under Contract in 2 Wks
54.5%
Listings with Price Drops
4.6%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

13

Pending Sales

22

Homes Sold 50.0%New Listings 65.8%Pending 24.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$195

Median List $/SF

$233

Sale $/SF 4.3%List $/SF 4.0%Mar 24Jan 26

Elko vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Elko 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

$285,400

Median Rent

$1,174

Total Housing Units

9,041

Vacancy Rate

10.1%

Owner Occupied

62.4%

Renter Occupied

37.6%

Median Property Tax

$1,321

per year

Monthly Cost (w/ Mortgage)

$1,336

Housing Types

Single Family
56.4%
Multi-Family
27.5%
Mobile Home
16.1%

The current median sale price in Elko, NV is $422,850 according to Redfin data. Homes spend a median of 96 days on the market. 21.4% of homes sold above asking price. The market has 4.6 months of supply. The median price per square foot is $195. Zillow's observed rent index is $1,523/month. About 62.4% of housing units are owner-occupied. The median year homes were built is 1985. There are 9,041 total housing units.