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Nevada, TX
Full City Profile · Texas · Collin County County
4.1
/5.0
A
Great
1,292
Population
541/sq mi density
$133,750
Median Income
$43,456 per capita
$397,700
Home Value
$401,279 Zillow
$1,696
Median Rent
18.4% income on rent
64°F
Avg Temperature
330 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$133,750 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$397,700 home value, $1,696/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
4.0 / 5.0
37.2% bachelor's degree or higher
Housing Overview
Median Home Value
$397,700
41% above
US avg: $281,900
Median Rent
$1,696/mo
46% above
US avg: $1,163/mo
Homeownership Rate
96.0%
47% above US avg (65.4%)
Total Housing Units
448
Median year built: 2006
Home Value by Source
Census Median
$397,700
Zillow (ZHVI)
$401,279
Median Sale Price
$452,500
Median List Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.0%
Owner-Occupied
4.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,696/mo
Market Indicators (Redfin)
Median Days on Market
147 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
96.0%
Complete Housing Data
Home Values
| Census Median Value | $397,700 |
| Zillow Home Value (ZHVI) | $401,279 |
| Median Sale Price | $452,500 |
| Median List Price | $550,000 |
| Price Per Sq Ft | $188 |
Rent
| Census Median Rent | $1,696 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 147 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 2 |
| Active Inventory | 14 |
| Price Per Sq Ft | $188 |
Ownership & Stock
| Owner-Occupied | 96.0% |
| Renter-Occupied | 4.0% |
| Homeownership Rate | 96.0% |
| Total Housing Units | 448 |
| Median Year Built | 2006 |
| Rent Burden | 18.4% |