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Lemmon Valley, NV

Full City Profile · Nevada · Storey County County

3.2 /5.0
B Good
4,385 Population 275/sq mi density
$91,132 Median Income $41,367 per capita
$356,700 Home Value $429,856 Zillow
51°F Avg Temperature 330 sunny days/yr
488 Violent Crime/100K 2,892 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$91,132 median income, 1.9% unemployment
A
Affordability
4.5 / 5.0
$356,700 home value, /mo rent
F
Safety
1.0 / 5.0
488 violent crimes/100K (28% above avg)
C
Education
2.4 / 5.0
16.9% bachelor's degree or higher

Housing Overview

Median Home Value
$356,700
27% above
US avg: $281,900
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
2,031
Median year built: 1977

Home Value by Source

Census Median
$356,700
Zillow (ZHVI)
$429,856
Median Sale Price
$485,037
Median List Price
$559,025
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.1%
Owner-Occupied
3.9%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,056/mo
1 Bedroom
$1,135/mo
2 Bedroom
$1,428/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,352/mo

Market Indicators (Redfin)

Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$285
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
18.5%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
96.1%

Complete Housing Data

Home Values

Census Median Value$356,700
Zillow Home Value (ZHVI)$429,856
Median Sale Price$485,037
Median List Price$559,025
Price Per Sq Ft$285

Rent

FMR Studio$1,056
FMR 1-Bedroom$1,135
FMR 2-Bedroom$1,428
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,352

Market

Days on Market47
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold4
Active Inventory20
Price Per Sq Ft$285

Ownership & Stock

Owner-Occupied96.1%
Renter-Occupied3.9%
Homeownership Rate96.1%
Total Housing Units2,031
Median Year Built1977
Rent Burden18.5%