Esmeralda County, Nevada Housing Market
In Esmeralda County, Nevada, the median home value is $108,900, with a median monthly rent of $1,320. This places Esmeralda County at #2814 nationally out of 3134 counties by median home value, and #16 within Nevada.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,512
- Establishments: 23
- BLS QCEW, 2025
Migration Patterns
- Inflow: 300 (avg $68,793)
- Outflow: 300 (avg $68,793)
- IRS Statistics of Income
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| Metric | Esmeralda County | Nevada Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $108,900 | $306,635 | $227,706 |
| Median Gross Rent | $1,320 | $1,169 | $968 |
| Owner Occupancy Rate | 60.8% | 73.0% | 73.3% |
| Price/Rent Ratio | 6.9 | 21.2 | 18.7 |
Market Analysis
The median home value in Esmeralda County is 64.5% below the Nevada state average and 52.2% below the U.S. national average. The median rent of $1,320/month is 12.9% above the state average.
With a price-to-rent ratio of 6.9, buying a home in Esmeralda County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Esmeralda County has an owner-occupancy rate of 60.8%, 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 |
|---|---|---|---|
| Ida County | Iowa | $108,900 | $696 |
| Mississippi County | Missouri | $109,000 | $762 |
| Keya Paha County | Nebraska | $108,800 | $875 |
| Upton County | Texas | $109,000 | $720 |
| Iron County | Michigan | $109,100 | $716 |
Other Counties in Nevada
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Eureka County | $82,600 | $969 | 83.0% |
| Mineral County | $156,200 | $905 | 72.5% |
| Pershing County | $179,500 | $715 | 73.0% |
| Lander County | $213,800 | $902 | 77.4% |
| Lincoln County | $219,500 | $919 | 75.0% |
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).