The story of this market
The typical home in Storey County, Nevada sells for about $540,000, or $279 per square foot.
Prices are up +28.7% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. Over the long run, values in this county have grown 219% since 2000. The biggest natural hazard here is wildfire, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,837 a month.
HUD sets the fair market rent for a 2-bedroom at $1,837 a month. FEMA's National Risk Index rates overall hazard risk here as Very High.
Price climate
Every year of price change, 2000–2025
-2.7%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+38%). Worst: 2009 (-22.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
-0.3%
NV · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,452
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
-2.7%
2025 change
FHFA repeat-sales index, median of 1 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
99
Very High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $11,339,448.
Mortgage activity
Home lending in this county
74.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 402 | 190 | 74.1% | 5.7% | $265,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Storey County, Nevada
Storey County's housing market is characterized by low inventory and high price volatility due to a small sample size of monthly sales. While median prices have shown significant year-over-year growth, the market remains a buyer-friendly environment with longer days on market compared to national averages. Economic activity is heavily tied to the industrial growth at the Tahoe-Reno Industrial Center.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 7 cities · 6 ZIP reports
Median prices moved up 9.0% year over year.
Homes spend a median of 44 days on market with 2.7 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98.41% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 6.2% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Storey County, Nevada — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 25
researched Sep 25
researched Sep 25
researched Sep 25
researched Sep 25
researched Sep 25
| 89416 | Mark Twain | $549,950 | $365 | +10% | 42 | 98% | 17% | 2 | 1,556 | $2,610 | researched Sep 25 |
| 89434 | Lockwood | $462,500 | $302 | +5.1% | 39 | — | — | 1 | 60 | $2,100 | researched Sep 25 |
| 89437 | McCarran | $599,950 | $340 | +8.1% | 45 | 99% | 17% | 2.4 | 1,399 | $2,610 | researched Sep 25 |
| 89440 | Virginia City | $378,226 | $378 | -43.3% | 137 | — | — | 51 | 51 | $1,837 | researched Sep 25 |
| 89441 | Sparks | $750,000 | $312 | +10.5% | 87 | 99% | 17% | 0.7 | 47 | $2,610 | researched Sep 25 |
| 89701 | Mark Twain | — | $312 | +8.7% | 44 | 98.5% | 15% | 3.5 | 326 | $1,650 | researched Sep 25 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Public education is provided by the Storey County School District, which serves the small population with a focus on community-integrated learning.
The region faces wildfire risks common to the high desert environment of Northern Nevada, necessitating proactive fire-mitigation and insurance considerations.
Economic momentum is driven by the Tahoe-Reno Industrial Center, a massive industrial park that serves as a major regional employment hub.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nevada) — Disabled Veterans Property Tax Exemption: Provides a partial exemption from property taxes based on the veteran's disability rating, which is applied to the assessed value of the property. State (Nevada) — Nevada Property Tax Assessment and Levy: Property tax is calculated using the formula: (Taxable Value * 0.35) * Tax Rate = Total Property Tax. Taxable value is determined by county assessors, and the assessment ratio is fixed at 35% of taxable value.
The county features historic sites like Virginia City, offering significant tourism, museums, and access to outdoor recreation in the surrounding mountains.
The rental market is limited due to the small housing stock, with demand influenced by the proximity to regional industrial employment centers.
The economy is anchored by the Tahoe-Reno Industrial Center, which hosts large-scale logistics, manufacturing, and technology operations.
The county is served by major regional corridors including US-50 and I-80, facilitating access to the Reno-Sparks metropolitan area.
Development is primarily focused on the expansion of industrial and commercial infrastructure within the Tahoe-Reno Industrial Center.
The Storey County Assessor manages property valuations in accordance with Nevada state law, focusing on taxable value assessments.
The county is served by the Storey County School District and various local utility and fire protection districts.
Property insurance premiums are influenced by regional wildfire risk assessments and the rural nature of the county.
- Coconut Bowl at Wild Island4.58.9 mi
- Fly High Trampoline Park Reno Sparks4.510.3 mi
- The Waterpark at Wild Island4.48.9 mi
- Need 2 Speed4.213.1 mi
- Birdeez Reno4.814 mi
- Grand Sierra Resort and Casino4.312.2 mi
- Reno-Sparks Convention Center4.312.5 mi
- National Automobile Museum4.813.7 mi
- Coconut Bowl at Wild Island4.58.9 mi
- Reno Public Market4.113.1 mi
- Grand Sierra Resort and Casino4.312.2 mi
- Idlewild Park4.614.9 mi
- Rancho San Rafael Regional Park4.714.8 mi
- Cinemark Century Park Lane 16 and XD4.312.9 mi
- National Automobile Museum4.813.7 mi
- National Automobile Museum4.813.7 mi
- The Discovery4.713.7 mi
- Nevada Museum of Art4.613.9 mi
- Nevada State Museum, Carson City4.824.6 mi
- Republic of Molossia4.511.2 mi
- Idlewild Park4.614.9 mi
- Rancho San Rafael Regional Park4.714.8 mi
- Golden Eagle Regional Park4.710.1 mi
- Hunter Creek Trailhead4.818 mi
- Mayberry Park4.718.2 mi
- Red Hawk Golf and Resort4.411.3 mi
- Washoe County Golf Course4.114.1 mi
- Lakeridge Golf Course4.413.8 mi
- The Club at ArrowCreek4.414.4 mi
- Sierra Sage Golf Course4.620 mi
- Grand Sierra Resort and Casino4.312.2 mi
- Meadowood Mall4.312.1 mi
- WinCo Foods4.313 mi
- Legends at Sparks Marina4.59.3 mi
- WinCo Foods4.511.6 mi
- Reno-Tahoe International Airport4.311.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A National Historic Landmark district featuring 19th-century architecture, museums, and tourism-focused attractions.
A historic short-line railroad offering scenic tours that highlight the region's mining heritage.
Data retrieved from US Census Bureau QuickFacts and ACS profiles.
applies when — Parcels owned by qualifying disabled veterans or their surviving spouses
Provides a partial exemption from property taxes based on the veteran's disability rating, which is applied to the assessed value of the property.
NRS 361.091.
applies when — Parcels located within a Common-Interest Community (HOA)
Sellers must provide a resale package to buyers. The association may place a lien on the property for unpaid assessments, which can lead to foreclosure. Sellers must obtain a 'statement of demand' for outstanding fees.
NRS Chapter 116; disclosure requirements updated periodically.
Allows for non-judicial foreclosure. The process requires a Notice of Default and Election to Sell, followed by a 3-month waiting period before a Notice of Sale can be issued. A Notice of Sale must be served at least 60 days before the trustee sale.
Governed by NRS Chapter 107.
Property tax is calculated using the formula: (Taxable Value * 0.35) * Tax Rate = Total Property Tax. Taxable value is determined by county assessors, and the assessment ratio is fixed at 35% of taxable value. Tax rates are set by local governments and overlapping special districts.
NRS Chapter 361; formula established in NRS 361.225 and NRS 361.227.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.