Overton, NV—89040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Overton, NV
As of Oct '25, the median home price in Overton, NV is $356,000, with a year-over-year change of -0.5%. This indicates that home prices in Overton, NV are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $356,000 | -0.5% |
| Single Family | $356,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $346,000 | 0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Overton, NV
As of July '25, Rentcast reports the average rent in Overton, NV is $1,030, with a year-over-year rent change of 15.0%. Per bedroom, the median rent as of July '25 in Overton, NV is 1-bedrooms: $1,030, 2-bedrooms: $1,020. The most common rental property sizes in Overton, NV are 2-bedroom and 3-bedroom, accounting for 33.7% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,030 | $1,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,030 | $1,030 |
| 2 Bed Rent | $950 | $1,020 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Overton, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Overton, NV is 111. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $501,000 | -14.0% |
Listing Count | 13 | 76.0% |
| Listings as % of Homes | 0.7% | 76.0% |
Days on Market | 111 | 9.0% |
Demographics — Overton, NV
As of the latest ACS Survey released in 2023, Overton, NV has a population of 3,840, which has increased by 5.8% over the past 5 years. Overton, NV is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,840 | 5.8% |
% Under 18 | 26.7% | 13.6% |
% Seniors | 21.6% | -14.3% |
% WFH | 7.6% | -11.6% |
% w/ College Degree | 16.9% | 15.0% |
As of the latest ACS Survey released in 2023, Overton, NV is a predominantly white area, with 81.1% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Overton, NV is hispanic, making up 15.2% of the population. Foreign-born residents account for 5.1% of the population in Overton, NV, and this percentage has increased by 183.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.1% | -13.4% |
% Black | 1.3% | ∞% |
% Hispanic | 15.2% | 245.5% |
% Asian | 0.8% | 33.3% |
% Foreign Born | 5.1% | 183.3% |
Mortgage and Risk — Overton, NV
According to HUD data as of 2023, there were 29 mortgage originations in Overton, NV, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Overton, NV. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Overton, NV
Overton, NV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,030 | $1,240 |
| 2 Bedroom | $530 | $950 | $1,480 |
| 3 Bedroom | N/A | N/A | $2,090 |
| 4 Bedroom | N/A | N/A | $2,460 |
Affordability — Overton, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $356,000 |
| Median Household Income | $75,700 |