Nye County has shown continued growth for many years, however because of the economy there has been a decline in property and land sales for 2007. Land sales have occurred throughout the county but predominantly in the Pahrump Valley. The majority of the property sold is vacant land with no livable structures. This is followed by single-family homes. In 2007, 1,711 of the 2,894 properties sold were vacant land, while 1,009 were single-family homes, 63 were multi-residential, 43 commercial and 17 rural.

Of the 2,894 properties sold within Nye County in 2007, 1,578 of them were sold within the Pahrump Valley. When the population of each town is taken into account, these numbers are brought into perspective. Pahrump, which has the most land sales, is the largest town with a 2007 population of 35,261. Tonopah, though it has the next largest population of 2,326 is 4th in land sales behind Amargosa and Round Mountain/Smoky Valley. 'Other areas' represents outlying rural areas, not actually within a town.

Average costs of property is very difficult to calculate as property differs in value based on location within the county, age of buildings, acreage of land sold with associated buildings, etc. These items are not factored in here. The average reflected here is based solely upon type of property sold and location.

Of the 4,699 properties sold within Nye County in 2006, 4,213 of them were sold within the Pahrump Valley. This reflects 92% of the property sales. When the population of each town is taken into account, these numbers are brought into perspective. Pahrump, which has the most land sales, is the largest town with a 2006 population of 36,645. Tonopah, though it has the next largest population of 2,600 is 4th in land sales behind Amargosa and Round Mountain/Smoky Valley. 'Other areas' represents outlying rural areas, not actually within a town.

Average costs of property is very difficult to calculate as property differs in value based on location within the county, age of buildings, acreage of land sold with associated buildings, etc. These items are not factored in here. The average reflected here is based solely upon type of property sold and location.

Average household size:
Nye County: 2.4 people
Nevada: 2.6 people

Estimated median household income in 2007: $44,493 ($36,024 in 1999)
This county: $44,493
Nevada: $55,062

2007 median house/condo value: $226,250 ($122,100 in 2000)
Nye County: $226,250
Nevada: $311,300

Median contract rent in 2007 for apartments: $566 (lower quartile is $406, upper quartile is $875)
This county: $566
State: $842

Estimated median house or condo value in 2007: $250,886 (it was $96,300 in 2000)
Nye County: $250,886
Nevada: $311,300
Lower value quartile - upper value quartile: $188,422 - $329,685

Mean price in 2007:
Detached houses: $288,323
Here: $288,323
State: $404,728

Townhouses or other attached units: $140,091
Here: $140,091
State: $248,062

In 5-or-more-unit structures: $113,132
Here: $113,132
State: $233,945

Mobile homes: $89,670
Here: $89,670
State: $60,412

Occupied boats, RVs, vans, etc.: $43,939
Here: $43,939
State: $37,074

  View Average Price of Single Family Homes in PDF
 View 2007 Nye County Property Sales By Town in PDF

Source: The information contained here was complied from Sales data provided by the Nye County Assessor.

AVERAGE PRICE OF SINGLE FAMILY HOMES
LAND USE CODE	LAND USE DESCRIPTION	2001		2002		2003		2004		2005		2006		2007
		# Sold	Avg Cost($)	# Sold	Avg Cost($)	# Sold	Avg Cost($)	# Sold	Avg Cost($)	# Sold	Avg Cost($)	# Sold	Avg Cost($)	# Sold	Avg Cost($)
200	Single Family Residence
	Amargosa	0	0	4	62,213	1	55,000	1	135,000	4	122,475	2	150,000	2	157,000
	Beatty	4	38,125	2	35,500	3	91,667	7	58,714	3	64,267	5	140,580	0	0
	Gabbs	2	11,000	13	14,581	12	7,553	11	10,491	12	15,250	8	18,495	2	18,000
	Manhattan	1	2,414	0	0	3	10,000	1	7,500	1	4,500	0	0	1	250,000
	Pahrump	269	123,313	310	128,829	460	139,326	545	203,683	542	261,033	487	296,651	419	254,295
	Round Mtn/ Smoky Valley	1	69,000	4	63,726	1	50,000	3	45,333	3	45,833	2	98,910	1	20,000
	Tonopah	18	68,000	27	56,707	25	60,989	34	61,044	28	68,349	31	56,850	32	97,238
210	Condominium or Town House
	Pahrump	9	75,956	5	66,290	10	253,433	31	169,585	20	126,490	45	126,860	45	1,453,992
220	Mobile Home converted to Real Property
	Amargosa	2	81,377	4	44,000	5	66,196	2	79,500	2	160,250	3	97,667	1	85,000
	Beatty	3	36,000	3	34,183	3	52,667	3	93,033			5	64,325	0	0
	Manhattan									1	75,000			0	0
	Pahrump	192	77,732	300	73,984	385	77,412	568	105,145	403	136,951	385	152,152	275	151,406
	Round Mtn/ Smoky Valley	3	41,392	5	26,600	9	45,989	9	36,967	21	46,948	18	63,617	8	47,456
	Tonopah	11	47,118	11	42,862	11	36,420	12	56,781	8	48,265	9	45,365	16	46,007
230	Personal Property Mobile Home - on Unsecured Roll
	Amargosa	8	28,296	9	34,302	8	40,178	10	69,480	16	60,516	12	29,216	6	60,084
	Beatty	8	22,875	4	34,875	3	37,285	11	29,851	10	27,490	11	52,154	0	0
	Gabbs	0	0	1	988	1	2,000	0	0;	2	3,000	1	8,000	0	0
	Manhattan	0	0	0	0	3	6,473	1	9,000	1	5,520	0	0	1	10,000
	Pahrump	257	50,738	220	49,517	219	50,977	237	79,665	221	125,086	170	115,458	95	108,700
	Round Mtn/ Smoky Valley	9	26,809	20	49,843	7	43,081	27	23,124	29	28,076	26	26,381	11	14,364
	Tonopah	3	39,501	3	30,333	4	11,176	6	36,669	8	17,011	3	5,783	1	4,500
260	Personal Property Manufactured Home - on Secured Roll
	Amargosa	4	62,125	3	85,533	2	500	3	195,800	3	78,333	3	72,333	4	64,000
	Beatty	4	52,000	2	30,000	2	59,750	2	47,500	7	34,784	3	32,633	0	0
	Gabbs	0	0	0	0	0	0	1	7,000	0;	0	0	0	0	0
	Pahrump	240	54,187	246	58,788	276	90,298	384	80,582	226	104,328	114	128,122	78	143,633
	Round Mtn/ Smoky Valley	3	61,475	9	40,472	6	49,272	10	39,540	9	22,186	8	41,614	9	33,447
	Tonopah	3	36,515	2	27,870	4	49,125	4	29,375	2	66,000	3	29,667	2	65,500

Note: Averages may not always represent a clear picture of cost as age of home, size of property, etc. are not factored in. Being rural in nature, some homes sell with large parcels of land.

Secured Roll - The listing of real property values as prepared annually by the Assessor. The payment of the tax is secured by a lien against the real property

Unsecured Roll - Personal property values not secured by the ownership of real property and the value of new construction, which has not yet been added to the secure roll.