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Tonopah, NV—89049

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$146,000
8.3% YoY Growth
Household Income
$36,600
0.1% YoY Growth
Days on Market
159
58.0% Longer YoY
Home Price Forecast
1.6%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Tonopah, NV

As of Dec '25, the median home price in Tonopah, NV is $146,000, with a year-over-year change of -8.3%. This indicates that home prices in Tonopah, NV are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$146,000-8.3%
Single Family $145,000-6.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    7.7%
    1 Bedroom
    13.5%
    2 Bedrooms
    32.2%
    3 Bedrooms
    37.9%
    4 Bedrooms
    8.7%

    Rental Trends — Tonopah, NV

    Tonopah, NV lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    17.2%
    1 Bedroom
    14.8%
    2 Bedrooms
    64.3%
    3 Bedrooms
    3.8%

    Property Listings — Tonopah, NV

    As of Dec '25, Realtor.com reports that the median days on market for a home in Tonopah, NV is 162. This is a increase of 81.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$144,000-8.0%
    Listing Count
    		11-25.0%
    Listings as % of Homes0.1%-25.0%
    Days on Market
    		15958.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		2,7106.1%
    % Under 18
    		12.8%-3.0%
    % Seniors
    		33.2%102.4%
    % WFH
    		4.4%∞%
    % w/ College Degree
    		13.3%58.3%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$970
    2 BedroomN/AN/A$1,270
    3 BedroomN/AN/A$1,790
    4 BedroomN/AN/A$2,120

    Affordability — Tonopah, NV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.9
    Median Home Price$146,000
    Median Household Income$36,600

    Tonopah, NV — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    89045

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    89314

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    89310

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    Frequently Asked Questions