Market Intelligence Report — NV-220

Elko, NV

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NV-09
As of the latest 2026 data
Accelerated

Median Listing

$490K
+2.1% YoY

Pending Ratio

0.59
-2.9% YoY

Active Inventory

130
-12.2% YoY

Median DOM

44 Days
-53.2% YoY

Primary Intelligence Tool — Sold Score™

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The Elko, NV residential market is exhibiting Accelerated conditions, primarily driven by a pending ratio of 0.59 combined with a significant contraction in active listings. While the pending ratio is just below the 0.60 threshold for a more competitive classification, the year-over-year decline in active listings by 12.2% indicates tightening supply dynamics.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Elko market right now.

Active listings have contracted by 12.2% year-over-year, despite new listings increasing by 11.5% over the same period, suggesting strong absorption. The median listing price has demonstrated modest appreciation of 2.1% year-over-year, with no month-over-month change. Concurrently, median days on market have decreased significantly by 53.2% year-over-year, reflecting a quicker pace of sales. The pending ratio has experienced a slight decline of 2.9% year-over-year, yet remains at 0.59.

Historical Analysis

Market Trends

Median Price

$490K+0.0% MoM

Active Inventory

130-12.2% YoY

Days on Market

44-53.2% YoY

Sold Score™

79-2.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Current conditions indicate persistent inventory pressure, which necessitates swift action for demand participants. The substantial reduction in median days on market suggests an accelerated pace of transactions, with less time for price discovery. Demand absorption remains relatively strong, placing greater emphasis on price discipline for properties entering the market.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

130 active listings represent the current floor, with new supply arriving at roughly 58 per month.

Pricing Pressure
15.3%

of active listings carry a price reduction, +2.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.7% year-over-year.

Absorption
0.59

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Elko, NV? Homes here are taking 50 days less to sell than last year.

Elko, NV is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
59%
Median Days on Market
44 days
Inventory YoY
−12%

Elko, NV is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Elko, NV
CBSA Code
21220
State
NV

ZIPs in Elko, NV

Sorted by active inventory · click a ZIP for its full report