Mineral County, Nevada Housing Market

In Mineral County, Nevada, the median home value is $156,200, with a median monthly rent of $905. This places Mineral County at #2113 nationally out of 3134 counties by median home value, and #15 within Nevada.

Median Home Value $156,200
Median Rent $905/mo
Owner Occupancy 72.5%
Price/Rent Ratio 14.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Mineral County rose +6.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

531
jobs (private sector)
  • Avg weekly wage: $999
  • Establishments: 63
  • BLS QCEW, 2025
🚚

Migration Patterns

+162
net migration (filers, 2021-2022)
  • Inflow: 1,738 (avg $56,591)
  • Outflow: 1,576 (avg $57,136)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Mineral County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 89415 310.6 +6.09% 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.

How Mineral County Compares

MetricMineral CountyNevada AverageU.S. Average
Median Home Value $156,200 $306,635 $227,706
Median Gross Rent $905 $1,169 $968
Owner Occupancy Rate 72.5% 73.0% 73.3%
Price/Rent Ratio 14.4 21.2 18.7

Market Analysis

The median home value in Mineral County is 49.1% below the Nevada state average and 31.4% below the U.S. national average. The median rent of $905/month is 22.6% below the state average.

With a price-to-rent ratio of 14.4, buying a home in Mineral 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.

Mineral County has an owner-occupancy rate of 72.5%, 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

CountyStateMedian Home ValueMedian Rent
Ringgold County Iowa $156,200 $710
Buena Vista city Virginia $156,200 $1,112
Monroe County Iowa $156,300 $798
Chippewa County Minnesota $156,100 $869
Monroe County West Virginia $156,300 $690

Other Counties in Nevada

CountyMedian Home ValueMedian RentOwner Occ.
Pershing County $179,500 $715 73.0%
Esmeralda County $108,900 $1,320 60.8%
Lander County $213,800 $902 77.4%
Lincoln County $219,500 $919 75.0%
White Pine County $220,000 $937 75.4%

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).