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Home appreciation in Carson City, NV

Over the five years ending 2025, home prices in Carson City, NV grew an average of 7.1% a year.

Price growth at a glance

1-year

+1.6%

2025 over 2024. Nevada: +2.7%.

5-year, per year

+7.1%

Average annual growth, 2020 to 2025. Nevada: +8.4%.

10-year, per year

+8.2%

+119.5% in total since 2015. Nevada: +8.4%.

How does your home compare?

Carson City, NV home prices rose 119.5% over the ten years to 2025, while its ZIP codes ranged from +98.5% to +128.3%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Carson City, NV compares with Nevada

Nevada averaged +8.4% a year, putting Carson City, NV behind the state overall. For five-year price growth, Carson City, NV ranks 337th out of 409 metros nationwide and 3rd out of 3 in Nevada.

Index, 2005 = 100

Carson City, NV and Nevada, quarterly house price index rebased to 100 in 2005.
YearCarson City, NVNevada
2005 Q1100100
2005 Q2108105
2005 Q3113109
2005 Q4114113
2006 Q1117116
2006 Q2116116
2006 Q3115116
2006 Q4113116
2007 Q1114115
2007 Q2111113
2007 Q3107109
2007 Q4104106
2008 Q1101100
2008 Q210092
2008 Q39283
2008 Q49179
2009 Q18978
2009 Q28372
2009 Q38067
2009 Q47865
2010 Q17563
2010 Q27161
2010 Q37061
2010 Q47060
2011 Q16556
2011 Q25852
2011 Q35852
2011 Q45852
2012 Q15752
2012 Q25751
2012 Q35653
2012 Q45954
2013 Q15856
2013 Q26159
2013 Q36463
2013 Q46866
2014 Q16968
2014 Q27170
2014 Q37472
2014 Q47573
2015 Q17675
2015 Q27977
2015 Q38480
2015 Q48681
2016 Q18682
2016 Q28985
2016 Q39587
2016 Q49488
2017 Q19689
2017 Q29992
2017 Q310095
2017 Q410498
2018 Q1105101
2018 Q2111105
2018 Q3113108
2018 Q4116110
2019 Q1116110
2019 Q2118112
2019 Q3120113
2019 Q4121114
2020 Q1123115
2020 Q2126117
2020 Q3127118
2020 Q4131121
2021 Q1136125
2021 Q2144133
2021 Q3157144
2021 Q4158150
2022 Q1166156
2022 Q2175167
2022 Q3175167
2022 Q4168162
2023 Q1165159
2023 Q2163161
2023 Q3177165
2023 Q4169164
2024 Q1175168
2024 Q2176171
2024 Q3175172
2024 Q4177174
2025 Q1174175
2025 Q2180176
2025 Q3179176
2025 Q4182177
2026 Q1190179
2026 Q2184181

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was slower over the last five years than over the full decade: +8.2% a year over ten years, +119.5% in total.

Over this history, home prices peaked in 2006, fell 50.4% to its 2012 low, and regained the 2006 level in 2019.

The strongest year was 2021 at +17.7%, and the weakest was 2011 at -16.8%.

In 2025 alone the index moved +1.6%, against +2.7% for the state.

ZIP codes in Carson City, NV

Over the ten years to 2025, the 3 ZIP codes FHFA measures in this metro ranged from +98.5% in 89703 to +128.3% in 89706, while the metro as a whole rose 119.5%.

ZIP codes in Carson City, NV ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
89706+3.9%+7.6%+8.6%+128.3%
89701-0.6%+6.6%+7.9%+113.6%
89703-1.8%+6.3%+7.1%+98.5%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Carson City, NV and Nevada, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006106.3+6.3%108.5
2007100.2-5.8%103.7
200888.4-11.7%82.9
200976.0-14.1%66.3
201065.8-13.4%57.2
201154.7-16.8%49.8
201252.7-3.7%49.2
201358.0+10.0%57.2
201466.2+14.2%66.2
201574.8+13.0%73.3
201683.7+11.8%80.0
201791.7+9.6%87.6
2018102.3+11.6%99.1
2019109.3+6.9%105.2
2020116.4+6.5%110.2
2021136.9+17.7%129.3
2022157.5+15.0%152.5
2023155.0-1.6%151.7
2024161.7+4.3%160.5
2025164.2+1.6%164.9

The 3 measured metros in Nevada

Measured metros in Nevada ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Las Vegas-Henderson-North Las Vegas, NV+2.7%+9.1%+8.9%
2Reno, NV+3.1%+7.8%+8.2%
3Carson City, NV+1.6%+7.1%+8.2%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Nevada row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2