Sep 2026
$510K
+2.1% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Carson City, NV housing market
Carson City, NV metro median sale price $510K in Sep 2026, up 2.1% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Carson City, NV metro is $510K as of Sep 2026, up 2.1% from a year earlier. That change sits near the middle of the 193 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 0.1 points (up 2.2% through Q2 2026).
On median sale price, Carson City ($510K) ranks 2nd of the three Nevada metros Pecan Street tracks, between Reno ($601K) and Las Vegas ($446K). Carson City has the fewest median days on market of the three Nevada metros (53 days); Reno (54 days) is next. Carson City has the highest share of listings with a price cut of the three Nevada metros (50%), ahead of Reno (43%).
Listings spent a median 53 days on market in Sep 2026, fewer than in most of the 195 metros. 50% of active listings carry a price cut, 9.8 points fewer than a year earlier. That share is the 14th-highest of the 195 metros. Median asking prices sit about 11% above the median sale price. Building permits authorized 44 new housing units in Aug 2026.
At the 7.38% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,818 a month; at 28% of gross income, that takes about $121K a year. The median sale price equals about 21 years of HUD Fair Market Rent, a ratio up 9.1% from a year earlier. That ratio is the 11th-highest of the 193 metros. Active listings ask a median $316 per square foot, down 0.4% from a year earlier.
Median list prices are higher than a year earlier in both ZIP codes in the table below.
Headline
Oct 14, 2026
7.38%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,818/mo
$121K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Carson City compares to other U.S. metros
| Price-to-rent | ↑11th of 193 (top 6%) |
|---|---|
| Price cuts | ↑14th of 195 (top 8%) |
| Asking-vs-sale gap | ↑26th of 166 (top 16%) |
| Days on market | ↓118th of 195 |
| Home-price growth | 100th of 193 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 21 +9.1% YoY ↑11th of 193 (top 6%) |
|---|---|
| Asking price / sq ft | $316 -0.4% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 50% -9.8 pts YoY ↑14th of 195 (top 8%) |
|---|---|
| New housing units permitted | 44 |
The median asking price $568K runs about 11% above the median sale price $510K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 2 shown of 3 |
|---|---|
| MLS board of record | Northern Nevada Regional MLS |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- Single-family building permits rose 33% over the 12 months through Aug 2026 (284 homes, against 213 the year before): the 8th-largest increase of the 195 U.S. metros Pecan Street tracks.
- The FHFA house price index for the metro fell 52% from Q1 2006 to Q3 2012: the 7th-deepest bust of the 195 U.S. metros Pecan Street tracks with FHFA data; it has risen 229% since Q3 2012: the 10th-largest rebound of the 194 metros whose prices fell.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
normal · 0.1ppRedfin (metro) +2.1% | FHFA HPI · Q2 2026 +2.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Carson City → Latest dispatch: Jul 21, 2026.
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 89701 | $502K↑ | 53↓ | 26↑ | 28↓ | 54↓ | $482K↑ |
| 89703 | $757K↑ | 41↓ | 8↓ | 24↓ | 53↓ | $628K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.