Zephyr Cove, NV housing market
The typical Zephyr Cove home is worth about $1,544,000, up 12.1% in a year, 249% above the Nevada typical home.
Home values, sales, trends and how Zephyr Cove compares with the towns next door — updated as new data is published.
Zephyr Cove at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Zephyr Cove | Nevada |
|---|---|---|
| 2017 | $677,000 | $237,000 |
| 2018 | $761,000 | $269,000 |
| 2019 | $854,000 | $302,000 |
| 2020 | $893,000 | $311,000 |
| 2021 | $1,058,000 | $334,000 |
| 2022 | $1,391,000 | $413,000 |
| 2023 | $1,379,000 | $431,000 |
| 2024 | $1,342,000 | $434,000 |
| 2025 | $1,334,000 | $456,000 |
| 2026 | $1,446,000 | $448,000 |
| August 2026 | $1,544,000 | $442,000 |
Zephyr Cove and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Zephyr Cove | $1.54M | +12.1% | $1,960 | $139,048 |
| Round Hill Village | — | — | $1,960 | $197,885 |
| Skyland | — | — | $1,960 | $89,792 |
| Kingsbury | — | — | $1,740 | $96,250 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,960
HUD's Fair Market Rent for a two-bedroom in Zephyr Cove is $1,960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Zephyr Cove pay a median of $1,500, so moving in tends to cost more than staying put.
Studio $1,350 · 4 bedrooms $3,290
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (89448; Douglas 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, May 2026. 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.