Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Nevada
NVUCSFRCONDOSMSAMID • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
452,606.23
Year-over-Year Change
1.07%
Date Range
1/1/2000 - 7/1/2025
Summary
The Zillow Home Value Index (ZHVI) for All Homes including Single-Family Residences, Condos, and CO-OPs in Nevada measures the typical home value in the state. This key metric provides insights into the Nevada housing market and is widely used by economists and policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The ZHVI aggregates Zillow's estimated home values for all homes, not just those that have recently sold, into a single number that represents the typical home value across a given region. This index is a valuable tool for analyzing broader housing market trends in Nevada.
Methodology
The data is calculated using Zillow's proprietary automated valuation model (AVM).
Historical Context
The ZHVI for Nevada is a crucial indicator used by real estate professionals, policymakers, and economists to monitor the health of the state's housing market.
Key Facts
- The ZHVI for Nevada reached a record high in 2022.
- Home values in Nevada have risen significantly faster than the national average in recent years.
- The Nevada ZHVI is closely watched by policymakers to assess the state's economic and housing market conditions.
FAQs
Q: What does this economic trend measure?
A: The Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Nevada measures the typical home value in the state.
Q: Why is this trend relevant for users or analysts?
A: The ZHVI for Nevada is a crucial indicator used by real estate professionals, policymakers, and economists to monitor the health of the state's housing market.
Q: How is this data collected or calculated?
A: The data is calculated using Zillow's proprietary automated valuation model (AVM).
Q: How is this trend used in economic policy?
A: The Nevada ZHVI is closely watched by policymakers to assess the state's economic and housing market conditions, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The ZHVI data is updated regularly by Zillow, providing timely information on the Nevada housing market.
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Citation
U.S. Federal Reserve, Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in Nevada (NVUCSFRCONDOSMSAMID), retrieved from FRED.