Churchill County, Nevada Housing Market
In Churchill County, Nevada, the median home value is $329,900, with a median monthly rent of $1,319. This places Churchill County at #491 nationally out of 3134 counties by median home value, and #7 within Nevada.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,259
- Establishments: 616
- BLS QCEW, 2025
Housing Supply
- Single-family: 36
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,019 (avg $69,870)
- Outflow: 9,722 (avg $70,607)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Churchill County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 89408 | 288.7 | +2.60% | 2025 |
| 2 | 89406 | 295.5 | +2.84% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Churchill County Compares
| Metric | Churchill County | Nevada Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $329,900 | $306,635 | $227,706 |
| Median Gross Rent | $1,319 | $1,169 | $968 |
| Owner Occupancy Rate | 69.9% | 73.0% | 73.3% |
| Price/Rent Ratio | 20.8 | 21.2 | 18.7 |
Market Analysis
The median home value in Churchill County is 7.6% above the Nevada state average and 44.9% above the U.S. national average. The median rent of $1,319/month is 12.8% above the state average.
With a price-to-rent ratio of 20.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Churchill County has an owner-occupancy rate of 69.9%, compared to 73.0% in Nevada and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lancaster County | South Carolina | $329,900 | $959 |
| Santa Rosa County | Florida | $329,800 | $1,544 |
| Spencer County | Kentucky | $330,000 | $987 |
| Tulare County | California | $330,100 | $1,280 |
| Sweet Grass County | Montana | $330,100 | $1,149 |
Other Counties in Nevada
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Elko County | $301,400 | $1,164 | 71.4% |
| Lyon County | $366,100 | $1,326 | 76.7% |
| Nye County | $290,900 | $1,181 | 77.8% |
| Humboldt County | $278,300 | $994 | 74.0% |
| Storey County | $426,400 | $1,153 | 96.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).