A typical Walker Lake home is worth roughly $207,000
Home prices around Walker Lake have risen about 47% over the past 5 years.
What kind of housing town is Walker Lake?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Walker Lake
Try your own numbers below.
That covers a typical Walker Lake home, with $116K to spare.
A two-bedroom rents for about $1,420 a month here, $250 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nevada typical property tax (0.47% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 47% in 5 years
The federal house price index for the ZIP code around Walker Lake rose 47% over the past 5 years, about the same as across Nevada. Last year prices rose 6.1%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Walker Lake, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,420
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Mineral County, NV): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
86% of Walker Lake households own their home
Half of Walker Lake’s homes were built before 1985.
Nevada: 60% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Walker Lake buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.