Minden, NV—89423
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minden, NV
As of Oct '25, the median home price in Minden, NV is $681,000, with a year-over-year change of 2.5%. This indicates that home prices in Minden, NV are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $681,000 | 2.5% |
| Single Family | $684,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $440,000 | 0.0% |
3 Bed | $658,000 | 2.2% |
4 Bed | $795,000 | 2.2% |
| 5 Bed | $941,000 | 2.2% |
% of Housing Stock
Rental Trends — Minden, NV
As of July '25, Rentcast reports the average rent in Minden, NV is $2,560, with a year-over-year rent change of 4.9%. Per bedroom, the median rent as of July '25 in Minden, NV is 2-bedrooms: $1,720, 3-bedrooms: $2,530, 4-bedrooms: $2,790. The most common rental property sizes in Minden, NV are 3-bedroom and 2-bedroom, accounting for 56.7% and 17.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,720 | $1,720 |
| 3 Bed Rent | $2,500 | $2,530 |
| 4 Bed Rent | $2,700 | $2,790 |
% of Rental Stock
Property Listings — Minden, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Minden, NV is 77. This is a increase of 22.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $759,000 | 5.0% |
Listing Count | 93 | 38.0% |
| Listings as % of Homes | 1.0% | 38.0% |
Days on Market | 77 | 22.0% |
Demographics — Minden, NV
As of the latest ACS Survey released in 2023, Minden, NV has a population of 10,800, which has increased by 4.7% over the past 5 years. Minden, NV is a less popular place for families, as children make up 14.4% of the population. The area has a moderately educated workforce, with 31.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,800 | 4.7% |
% Under 18 | 14.4% | -11.1% |
% Seniors | 34.6% | 3.9% |
% WFH | 9.7% | -14.2% |
% w/ College Degree | 31.8% | -12.6% |
As of the latest ACS Survey released in 2023, Minden, NV is a predominantly white area, with 88.5% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Minden, NV is hispanic, making up 5.8% of the population. Foreign-born residents account for 3.2% of the population in Minden, NV, and this percentage has decreased by 56.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.5% | 3.1% |
% Black | 0.2% | -71.4% |
% Hispanic | 5.8% | -40.8% |
% Asian | 1.6% | 166.7% |
% Foreign Born | 3.2% | -56.8% |
Mortgage and Risk — Minden, NV
According to HUD data as of 2023, there were 201 mortgage originations in Minden, NV, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Minden, NV. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 201 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Minden, NV
Minden, NV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,630 |
| 2 Bedroom | $270 | $1,720 | $1,990 |
| 3 Bedroom | $290 | $2,500 | $2,790 |
| 4 Bedroom | $640 | $2,700 | $3,340 |
Affordability — Minden, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $681,000 |
| Median Household Income | $101,000 |