Housing · Panaca

Panaca, NV housing market

The typical Panaca home is worth about $237,000, down 3.9% in a year, 46% below the Nevada typical home.

Home values, sales, trends and how Panaca compares with the towns next door — updated as new data is published.

The market right now

Panaca at a glance

Typical home value
$237K
▼ 3.9% in a year · Zillow
Ten-year trend

Typical home value, 2018–2026

PanacaNevada
$100K$150K$200K$250K$300K$350K$400K$450K$500K 2020202220242026 Panaca $237K Nevada $442K
Show as a table
JanuaryPanacaNevada
2019$159,000$302,000
2020$175,000$311,000
2021$196,000$334,000
2022$223,000$413,000
2023$214,000$431,000
2024$238,000$434,000
2025$230,000$456,000
2026$244,000$448,000
August 2026$237,000$442,000
Affordability

3.7 years of income

The typical Panaca home costs about 3.7 years of the town's median household income, less than across Nevada (5.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
63.4%
Nevada: 60%
Median tax bill
$1,219
Nevada: $2,027
Median rent
$920
Nevada: $1,597
Typical home built
1958
Nevada: 1996

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,170

HUD's Fair Market Rent for a two-bedroom in Panaca is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Panaca pay a median of $920, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.

1 bedroom
$1,010
a month, with utilities
2 bedrooms
$1,170
a month, with utilities
3 bedrooms
$1,630
a month, with utilities
Share of income
22%
2 bedrooms ÷ median income

Studio $900 · 4 bedrooms $1,960

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (89042; Lincoln County, NV), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01