Gardnerville Ranchos, Nevada Real Estate & Housing Market

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Gardnerville Ranchos Housing Information

Index	Gardnerville Ranchos	Nevada	National
Median home price	$227,900	$191,600	$184,700
Median rent asked	$958	$984	$949
Avg. people per household	2.4	2.7	2.6
Owner occupied households	62.2%	54.8%	63.6%
Renter occupied households	37.8%	45.2%	36.4%

Above, you will see a summary of real estate in Gardnerville Ranchos, NV. On average, homes in Gardnerville Ranchos, NV cost $227,900, a value that is 19% higher than the average in Nevada. In general terms, this results in Gardnerville Ranchos, NV real estate being less affordable than Nevada real estate. On average, people who rent houses in Gardnerville Ranchos, NV pay $958; this value is 3% lower than the average amount renters pay in Nevada. 62.2% of Gardnerville Ranchos, NV residents own their own homes and, on average, each of the homes has 2.4 occupants. Gardnerville Ranchos, NV real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Gardnerville Ranchos, NV is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Gardnerville Ranchos Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Gardnerville Ranchos, NV. To estimate home affordability, one method is to use the ratio of home price to median household income. The Gardnerville Ranchos, NV’s median home price stands at $227,900 while $52,618 is the value of the average household income. The resulting home price to income ratio, which is 4.3x, differs from the Nevada average as the ratio is 20% higher than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Gardnerville Ranchos, NV are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Gardnerville Ranchos, NV.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Logan Creek, NV	42	$0	100%
Carter Springs, NV	535	$129,700	30%
Topaz Ranch Estates, NV	1,680	$131,500	29%
Stateline, NV	1,083	$187,500	2%
Indian Hills, NV	6,328	$218,800	18%
Gardnerville Ranchos, NV	10,646	$227,900	23%

Cities with similar population

City, State	Population	Home Price	National Avg.
Cheval, FL	10,645	$305,900	66%
Groveland, FL	10,643	$144,400	22%
Annapolis Neck, MD	10,649	$509,400	176%
Bedford Heights, OH	10,640	$97,800	47%
Madison Heights, VA	10,637	$129,000	30%
Gardnerville Ranchos, NV	10,646	$227,900	23%

Source: The Gardnerville Ranchos, NV housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).