Markets/Nevada/Pahrump

Pahrump, NV Real Estate Market 2026

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

Median Home Price

$357,071

+1.1% year-over-year

Est. Rental Yield

5.1%

gross annual

12-Month Forecast

+1.1%

base case (Zillow ZHVF)

+1.1% year-over-year

Climate Risk

25/100

Low

Market Momentum

❄️
Cooling
6.4mo supply · Score -3/7

Net migration: Top 12% nationally

Income Migration

💰 Wealth Influx1.16x

In-migrants avg $62,165 AGI vs out-migrants $53,524

🏛️

Opportunity Zone Market

2 ZIP codes in Pahrump are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Pahrump Market Summary

Pahrump, NV is in a stabilization phase with 1.1% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 6.38x well exceeds the national average of 4.8x. Modest net positive migration (+437 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 5.11% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score52/100
Price-to-Income Ratio6.4x (national avg 4.8x)
Median Household Income$55,975

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.6%
Base Case+1.1%
Bull Case+1.7%

Climate & Natural Hazard Risk

Pahrump, NV's primary climate exposure is heat stress (70/100). 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 Pahrump dataset

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