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Featured local agent — Nevada, TX
Sarah Mitchell
Compass Real Estate · Nevada, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nevada, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$425,000median sale price
How is the Nevada, TX housing market right now?
The median home sale price in Nevada, TX is $425,000, up 18.7% year-over-year. Homes sell in an average of 81 days with 13 active listings. The market is currently a leaning buyer's. (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 a buyer's or seller's market?
Nevada, TX is currently a leaning buyer's, based on 4.3 months of supply and homes selling in about 81 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
81
Average pace
Active listings
13
4.3 months supply
Sale-to-list
98.7%
Below asking
What does the Nevada housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $425,000 |
| Median list price | $534,450 |
| Year-over-year price change | +18.7% |
| Average days on market | 81 days |
| Active inventory | 13 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $207/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 38.5% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Nevada by property type?
How the Nevada, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,000 | $207/sq ft | 3 | 81 days |
Source: Redfin · Updated monthly
The Nevada housing market is currently classified as a leaning buyer's with a median sale price of $425,000. Prices have risen 18.7% compared to last year, with homes spending an average of 81 days on market, indicating 4.3 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Nevada
There are currently 13 homes listed for sale in Nevada, Texas. The median listing price is $534K.
Active listings
13
Homes on market
Median list price
$534K
Avg. days on market
81
Days until sale
New this week
2
Newly listed
Who lives in Nevada?
Population
1,292
Median income
$133,750/yr
Median age
40.7 years
Owner-occupied
96.0%
College grads
37.2%
Avg commute
38.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Nevada?
Zillow home value
$407,548
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Nevada?
Nevada is a community of approximately 1K residents with a median age of 40.7 years.The median household income is $133,750, which reflects a relatively affluent area with strong earning potential. 37.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Nevada offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Nevada?
4 schools tracked · 2,715 students
The largest public schools serving Nevada, TX 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.
COMMUNITY H S
Grades 9-12 · 1,182 students
LELAND E EDGE MIDDLE
Grades 6-8 · 1,036 students
MCCLENDON EL
Grades PK-5 · 493 students
COLLIN CO J J A E P
Grades 6-11 · 4 students
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, TX?
Want a head-to-head view? Compare Nevada side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Nevada?
The median home sale price in Nevada is $425,000, up 18.7% from last year.
How long do homes stay on market in Nevada?
Homes typically spend 81 days on market before going under contract.
What is the median income in Nevada?
The median household income is $133,750 per year.
Is Nevada a buyer's or seller's market?
With 4.3 months of supply, Nevada is currently a leaning buyer's.
What is the Zillow home value estimate for Nevada?
The Zillow Home Value Index (ZHVI) for Nevada is $407,548, representing the typical home value in the area.
How much does a single-family home cost in Nevada?
The median single-family home price in Nevada, TX is $425,000 (about $207 per square foot).
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