Storey County, Nevada Housing Market
In Storey County, Nevada, the median home value is $426,400, with a median monthly rent of $1,153. This places Storey County at #238 nationally out of 3134 counties by median home value, and #5 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: $1,745
- Establishments: 277
- BLS QCEW, 2025
Housing Supply
- Single-family: 11
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,952 (avg $82,944)
- Outflow: 1,763 (avg $80,316)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Storey County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 89521 | 352.5 | +3.88% | 2025 |
| 2 | 89434 | 317.9 | +5.40% | 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 Storey County Compares
| Metric | Storey County | Nevada Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $426,400 | $306,635 | $227,706 |
| Median Gross Rent | $1,153 | $1,169 | $968 |
| Owner Occupancy Rate | 96.1% | 73.0% | 73.3% |
| Price/Rent Ratio | 30.8 | 21.2 | 18.7 |
Market Analysis
The median home value in Storey County is 39.1% above the Nevada state average and 87.3% above the U.S. national average. The median rent of $1,153/month is 1.4% below the state average.
With a price-to-rent ratio of 30.8, Storey County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Storey County has an owner-occupancy rate of 96.1%, compared to 73.0% in Nevada and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Broadwater County | Montana | $426,600 | $955 |
| Weber County | Utah | $426,700 | $1,379 |
| Prince George's County | Maryland | $426,000 | $1,799 |
| Comal County | Texas | $427,200 | $1,603 |
| Juab County | Utah | $425,400 | $907 |
Other Counties in Nevada
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clark County | $431,000 | $1,626 | 57.8% |
| Carson City | $453,000 | $1,248 | 62.3% |
| Lyon County | $366,100 | $1,326 | 76.7% |
| Churchill County | $329,900 | $1,319 | 69.9% |
| Washoe County | $539,900 | $1,608 | 59.9% |
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).