Elko, NV Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Elko, NV is $390,950, up 4.4% year-over-year. Homes sell in an average of 44 days with 64 active listings. The market is currently a balanced market.
$390,950median sale price
Is Elko a buyer's or seller's market?
Elko, NV is currently a balanced market, based on 3.6 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
44
Average pace
Active listings
64
3.6 months supply
Sale-to-list
99.7%
Below asking
Elko, NV market data
| Metric | Value |
|---|---|
| Median sale price | $390,950 |
| Median list price | $414,950 |
| Year-over-year price change | +4.4% |
| Average days on market | 44 days |
| Active inventory | 64 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 99.7% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Elko housing market is currently classified as a balanced market with a median sale price of $390,950. Prices have risen 4.4% compared to last year, with homes spending an average of 44 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Elko
There are currently 64 homes listed for sale in Elko, Nevada. The median listing price is $415K.
Active listings
64
Homes on market
Median list price
$415K
Avg. days on market
44
Days until sale
New this week
26
Newly listed
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Frequently asked questions
What is the average home price in Elko?
The median home sale price in Elko is $390,950, up 4.4% from last year.
How long do homes stay on market in Elko?
Homes typically spend 44 days on market before going under contract.
Is Elko a buyer's or seller's market?
With 3.6 months of supply, Elko is currently a balanced market.
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