New Listing
25
$150,000
30927 Relief Hill Rd
Nevada City, CA 95959
Land5.00 acres
Katee Green · Real Broker
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Sarah Mitchell
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Compass Real Estate · Nevada City, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Nevada City, CA(512) 555-0184TX License #0512847
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Nevada City, CA Housing Market & Real Estate
Balanced market+60.1% YoY
Housing market overview · Updated monthly ·
$827,500median sale price
How is the Nevada City, CA housing market right now?
The median home sale price in Nevada City, CA is $827,500, up 60.1% year-over-year. Homes sell in an average of 45 days with 21 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Nevada City a buyer's or seller's market?
Balanced market5.3 months of supply45 avg. days on market
Nevada City, CA is currently a balanced market, based on 5.3 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
45
Average pace
Active listings
21
5.3 months supply
Sale-to-list
100.1%
Above asking
What does the Nevada City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $827,500 |
| Median list price | $849,000 |
| Year-over-year price change | +60.1% |
| Average days on market | 45 days |
| Active inventory | 21 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $355/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 10 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Nevada City by property type?
How the Nevada City, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $827,500 | $355/sq ft | 4 | 45 days |
| Condo / Co-op | $321,000 | $304/sq ft | 1 | 3 days |
| Townhouse | $391,500 | $223/sq ft | 3 | 109 days |
Source: Redfin · Updated monthly
The Nevada City housing market is currently classified as a balanced market with a median sale price of $827,500. Prices have risen 60.1% compared to last year, with homes spending an average of 45 days on market, indicating 5.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Nevada City
There are currently 21 homes listed for sale in Nevada City, California. The median listing price is $849K. Featured listings range from $150,000 to $1,386,000.
New Listing
10
$190,000
13117 Madrone Forest Dr
Nevada City, CA 95959
Land3.69 acres
Stacy Stanley · HomeSmart ICARE Realty
View photos & details
New Listing
32
$349,000
12483 Willow Valley Rd
Nevada City, CA 95959
Land27.00 acres
Ryan Reid · Sierra Homes Realty
View photos & details
New Listing
35
$379,900
12399 Pawnee Trl
Nevada City, CA 95959
2 bd1 ba1,440 sqft$264/ft²
House33,977 sqft lot
Tiffany Solbos · GUIDE Real Estate
View photos & details
New Listing
23
$399,000
13348 Woodzy Pl
Nevada City, CA 95959
Land5.00 acres
Rachael Castle · Coldwell Banker Grass Roots Realty
View photos & details
New Listing
22
$399,000
18767 Starduster Dr
Nevada City, CA 95959
Land10.00 acres
Jason Burkhart · Compass
View photos & details
New Listing
63
$450,000
18801 Sages Rd
Nevada City, CA 95959
3 bd3 ba2,885 sqft$156/ft²
House20.00 acres
Sarah Stone-Francisco · Century 21 Cornerstone Realty
View photos & details
New Listing
35
$650,000
10265 Newtown Rd
Nevada City, CA 95959
4 bd3 ba2,096 sqft$310/ft²
House2.17 acres
Aaron Mitchell · Keller Williams Realty
View photos & details
79
$699,000
14708 Echo Ridge Dr
Nevada City, CA 95959
4 bd3 ba3,526 sqft$198/ft²
House21,344 sqft lot
Kathy Papola · Coldwell Banker Grass Roots Realty
View photos & details
New Listing
39
$750,000
12081 Robust Way
Nevada City, CA 95959
2 bd2 ba1,730 sqft$434/ft²
House1.68 acres
Jessica Couch · Dynamic Real Estate
View photos & details
New Listing
58
$1,200,000
11198 Pittsburg Mine Rd
Nevada City, CA 95959
3 bd3 ba3,011 sqft$399/ft²
House1.97 acres
Kimberly Carlsen · Coldwell Banker Grass Roots Realty
View photos & details
New Listing
91
$1,386,000
10973 Scotts Flat Dam Rd
Nevada City, CA 95959
3 bd4 ba2,756 sqft$503/ft²
House5.00 acres
Aron Martin · Coldwell Banker Grass Roots Realty
View photos & details
Looking to buy in Nevada City?
Get connected with a local real estate expert — free, no obligation.
Active listings
21
Homes on market
Median list price
$849K
Avg. days on market
45
Days until sale
New this week
10
Newly listed
Price drops:33.3%of listings
Sale-to-list:100.1%
Who lives in Nevada City?
Population
3,168
Median income
$69,552/yr
Median age
49.4 years
Owner-occupied
44.8%
College grads
39.0%
Avg commute
28.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Nevada City?
Zillow home value
$560,803
Zillow rent index
$2,213/mo
Price-to-rent ratio
21.1x
Price-to-income
8.1x
Source: Zillow Research
What is it like to live in Nevada City?
Nevada City is a community of approximately 3K residents with a median age of 49.4 years.The median household income is $69,552, which represents a working-class community with solid middle-income opportunities. 39.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.8%, showing a blend of owner and renter-occupied properties. The average commute time is 28.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Nevada City offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Nevada City?
6 schools tracked · 1,472 students
The largest public schools serving Nevada City, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Nevada City School of the Arts
Grades K-8 · 460 students
Seven Hills Intermediate
Grades 4-8 · 431 students
Deer Creek Elementary
Grades K-3 · 274 students
Sierra Academy of Expeditionary Learning
Grades 9-12 · 197 students
Grizzly Hill
Grades K-8 · 110 students
Twin Ridges Special Education Preschool
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Nevada City, CA?
Want a head-to-head view? Compare Nevada City side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Nevada City?
Is Nevada City a good real estate investment market?
For investors evaluating Nevada City, the price-to-rent ratio of 21.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 60.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Nevada City's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Nevada City's median home price.
Frequently asked questions
What is the average home price in Nevada City?
The median home sale price in Nevada City is $827,500, up 60.1% from last year.
How long do homes stay on market in Nevada City?
Homes typically spend 45 days on market before going under contract.
What is the median income in Nevada City?
The median household income is $69,552 per year.
Is Nevada City a buyer's or seller's market?
With 5.3 months of supply, Nevada City is currently a balanced market.
How many homes are for sale in Nevada City?
There are currently 21 homes listed for sale in Nevada City, CA.
What is the Zillow home value estimate for Nevada City?
The Zillow Home Value Index (ZHVI) for Nevada City is $560,803, representing the typical home value in the area.
What is the median condo price in Nevada City?
The median condo/co-op sale price in Nevada City, CA is $321,000, compared to $827,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Nevada City?
The median single-family home price in Nevada City, CA is $827,500 (about $355 per square foot).
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