Tonopah, NV—89049
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tonopah, NV
As of Oct '25, the median home price in Tonopah, NV is $141,000, with a year-over-year change of -9.4%. This indicates that home prices in Tonopah, NV are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $141,000 | -9.4% |
| Single Family | $141,000 | -8.4% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tonopah, NV
Tonopah, NV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tonopah, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Tonopah, NV is 138. This is a increase of 46.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $144,000 | -22.0% |
Listing Count | 8 | -32.0% |
| Listings as % of Homes | 0.1% | -32.0% |
Days on Market | 138 | 46.0% |
Demographics — Tonopah, NV
As of the latest ACS Survey released in 2023, Tonopah, NV has a population of 2,710, which has increased by 6.1% over the past 5 years. Tonopah, NV is a less popular place for families, as children make up 12.8% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,710 | 6.1% |
% Under 18 | 12.8% | -3.0% |
% Seniors | 33.2% | 102.4% |
% WFH | 4.4% | ∞% |
% w/ College Degree | 13.3% | 58.3% |
As of the latest ACS Survey released in 2023, Tonopah, NV is a predominantly white area, with 72.6% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Tonopah, NV is hispanic, making up 14.7% of the population. Foreign-born residents account for 8.0% of the population in Tonopah, NV, and this percentage has increased by 566.7% 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 | 72.6% | -9.8% |
% Black | 7.6% | 38.2% |
% Hispanic | 14.7% | 17.6% |
% Asian | 1.3% | 550.0% |
% Foreign Born | 8.0% | 566.7% |
Mortgage and Risk — Tonopah, NV
According to HUD data as of 2023, there were 35 mortgage originations in Tonopah, NV, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Tonopah, NV. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Tonopah, NV
Tonopah, NV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% 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 | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,270 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Tonopah, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $141,000 |
| Median Household Income | $36,600 |