Markets/Nevada/Carson City

Carson City, NV Real Estate Market 2026

Investor-grade market analytics for Carson City, Nevada. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$498,224

+0.1% year-over-year

Est. Rental Yield

4.5%

gross annual

12-Month Forecast

+0.1%

base case (Zillow ZHVF)

+0.1% year-over-year

Climate Risk

25/100

Low

Market Momentum

๐ŸŒค๏ธ
Warm
2.8mo supply ยท Score +3/7

Net migration: Top 24% nationally

Income Migration

โžก๏ธ Neutral0.95x

In-migrants avg $74,131 AGI vs out-migrants $78,032

Carson City Market Summary

Carson City, NV is in a stabilization phase with 0.1% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 6.94x well exceeds the national average of 4.8x. Modest net positive migration (+152 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.53% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score44/100
Price-to-Income Ratio6.9x (national avg 4.8x)
Median Household Income$71,809

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.1%
Base Case+0.1%
Bull Case+0.2%

Climate & Natural Hazard Risk

Carson City, NV's primary climate exposure is wildfire (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Carson City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.