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Featured local agent — Indian Hills, NV

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Indian Hills, NV

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Indian Hills, NV(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Indian Hills, NV Housing Market

Seller's market+34.2% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $610,495, +34.2% year over year (through May 2026). With 2.8 months of supply and homes going under contract in about 21 days, Indian Hills is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $610,495 home is about $3,259/mo in principal and interest.

Key numbers for Indian Hills, NV

Median sale price

$610,495

+34.2% year over year

Redfin, through May 2026

Days on market

21

Average pace

Redfin, through May 2026

Active listings

51

2.8 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$77,881

Home costs 7.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.9%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Indian Hills a buyer's or seller's market?

Seller's market2.8 months of supply21 days on market98.9% of asking

Indian Hills, NV is a seller's market, based on 2.8 months of supply and homes selling in about 21 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Indian Hills housing market data show?

Every row below is Redfin's final published month for Indian Hills, NV. Redfin, through May 2026

Housing market statistics for Indian Hills, NV, Redfin through May 2026
MetricValue
Median sale price$610,495
Median list price$581,990
Year-over-year price change+34.2%
Median price per sq ft$349/sq ft
Median days on market21 days
Active inventory51 listings
Months of supply2.8 months
Sale-to-list price ratio98.9%
Homes sold (that month)18
New listings (that month)23
Listings with a price cut25.5%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Indian Hills is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Indian Hills is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Indian Hills home prices moved?

Over the last three years the median sale price in Indian Hills, NV rose 19.9%, from $509,000 to $610,495. 25.5% of Indian Hills listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.8 months while the sale-to-list ratio slips below its current 98.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Indian Hills?

Priced off the median sale price of $610,495 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Indian Hills, NV
Down paymentCash at closeLoan amountMonthly P&I
20%$122,099$488,396$3,259/mo
5%$30,525$579,970$3,870/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,259, that implies roughly $139,678 a year before you add taxes and insurance. The median household in Indian Hills earns $77,881, about $61,797 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 7.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Indian Hills in the next 12 months?

Tell us your timeline. We send the Indian Hills market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Indian Hills?

Zillow does not publish a rent index (ZORI) for Indian Hills, NV, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Indian Hills?

Active listings in Indian Hills, NV went from 43 in May 2025 to 51 in May 2026, a +18.6% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Indian Hills, NV
MonthActive listingsNew listings
June 2025439
July 20254617
August 20255016
September 20255416
October 20255015
November 2025519
December 2025448
January 20264714
February 20264717
March 20264215
April 20264730
May 20265123

Redfin, through May 2026

How does Indian Hills compare to Nevada and the U.S.?

Indian Hills homes sell for $610,495 — 27% above the Nevada median of $481,200. Against the national median of $410,700, Indian Hills runs 49% higher. Year-over-year, Indian Hills moved +34.2% against Nevada's +3.1% — a bigger swing than the state as a whole.

Indian Hills, NV compared with Nevada and the United States
MarketMedian sale priceYoYDays on market
Indian Hills, NV$610,495+34.2%21 days
Nevada statewide$481,200+3.1%52 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Indian Hills

What buyers should watch

  • Months of supply, currently 2.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 25.5%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $611 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $610,495 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Indian Hills listing goes under contract in 21 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Indian Hills added 23 new listings against 18 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Indian Hills varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Indian Hills

There are currently 51 homes listed for sale in Indian Hills, Nevada. The median listing price is $582K.

Active listings

51

Homes on market

Median list price

$582K

Avg. days on market

21

Days until sale

New this week

23

Newly listed

Price drops:25.5%of listings
Sale-to-list:98.9%

How much do homes cost in Indian Hills by property type?

How the Indian Hills, NV market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Indian Hills, NV
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$625,000$355/sq ft1725 days
Condo / co-op$518,000$276/sq ft1140 days
Townhouse$480,000$280/sq ft18 days

Who lives in Indian Hills?

American Community Survey estimates for Indian Hills. U.S. Census ACS, 2023

Population

5,772

Households

2,510

Median income

$77,881/yr

Median age

52.8 years

Owner-occupied

81.4%

Median home value

$469,700

Median gross rent

$1,417/mo

Mean commute

21.3 min

81.4% of occupied homes in Indian Hills are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Indian Hills, NV?

Ordered by distance from Indian Hills, not by size. Compare Indian Hills side by side with any of them.

Indian Hills housing market FAQ

Is Indian Hills a buyer's or seller's market?

Indian Hills, NV is currently a seller's market. That read comes from 2.8 months of supply, homes going under contract in about 21 days, and sellers getting 98.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Indian Hills?

The median sale price in the last month Redfin published was $610,495, about $349 per square foot.

Is Indian Hills cheaper than the rest of Nevada?

Indian Hills's median sale price of $610,495 is 27% higher than the Nevada statewide median of $481,200, and 49% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Indian Hills?

Homes in Indian Hills, NV spent a median of 21 days on market before going under contract, versus 52 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Indian Hills?

At the current 30-year fixed rate of 7.03%, 20% down on a $610,495 home is about $3,259 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $139,678 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $77,881.

Are home prices rising in Indian Hills?

Redfin's last published year-over-year change for Indian Hills, NV was +34.2%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Indian Hills?

Indian Hills ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Indian Hills?

That depends on your timeline, not on a headline. What the data says today: Indian Hills, NV is a seller's market with 2.8 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $610,495, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.