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Nevada City, CA Housing Market

$537,093

1.7% 1-yr

The average Nevada City, CA home value is $537,093, down 1.7% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Nevada City Key Takeaways

Typical Home Values: $537,093

1-year Value Change: -1.7%

(Data through November 30, 2025)

Nevada City Housing Market Overview

--1-year Market Forecast
131For sale inventory(November 30, 2025)
16New listings(November 30, 2025)
0.967Median sale to list ratio(October 31, 2025)
$553,417Median sale price(October 31, 2025)
$678,833Median list price(November 30, 2025)
18.8%Percent of sales over list price(October 31, 2025)
70.3%Percent of sales under list price(October 31, 2025)
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

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Nevada City Rental Market Trends

$2,295Average rent in Nevada City(November 30, 2025)
$1,925National average rent(November 30, 2025)
-2.0%Month-over-month change(November 30, 2025)
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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