Pershing County, Nevada Housing Market

In Pershing County, Nevada, the median home value is $179,500, with a median monthly rent of $715. This places Pershing County at #1645 nationally out of 3134 counties by median home value, and #14 within Nevada.

Median Home Value $179,500
Median Rent $715/mo
Owner Occupancy 73.0%
Price/Rent Ratio 20.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2022

💡 Year-over-Year Trend: Home prices in Pershing County rose +8.6% year-over-year as of 2022. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,388
jobs (private sector)
  • Avg weekly wage: $1,758
  • Establishments: 67
  • BLS QCEW, 2025
🚚

Migration Patterns

+198
net migration (filers, 2021-2022)
  • Inflow: 1,938 (avg $64,620)
  • Outflow: 1,740 (avg $65,847)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 89419 201.9 +18.48% 2021

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 Pershing County Compares

MetricPershing CountyNevada AverageU.S. Average
Median Home Value $179,500 $306,635 $227,706
Median Gross Rent $715 $1,169 $968
Owner Occupancy Rate 73.0% 73.0% 73.3%
Price/Rent Ratio 20.9 21.2 18.7

Market Analysis

The median home value in Pershing County is 41.5% below the Nevada state average and 21.2% below the U.S. national average. The median rent of $715/month is 38.8% below the state average.

With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Pershing County has an owner-occupancy rate of 73.0%, 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
Saline County Kansas $179,600 $961
Cherokee County Alabama $179,700 $762
Pointe Coupee Parish Louisiana $179,300 $817
Cleburne County Arkansas $179,800 $859
Washington County Kentucky $179,200 $744

Other Counties in Nevada

CountyMedian Home ValueMedian RentOwner Occ.
Mineral County $156,200 $905 72.5%
Lander County $213,800 $902 77.4%
Lincoln County $219,500 $919 75.0%
White Pine County $220,000 $937 75.4%
Esmeralda County $108,900 $1,320 60.8%

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).