The Nevada City housing market is very competitive. The median sale price of a home in Nevada City was $610K last month, up 10.9% since last year. The median sale price per square foot in Nevada City is $272, down 36.7% since last year.
What is the housing market like in Nevada City today?
In July 2025, Nevada City home prices were up 10.9% compared to last year, selling for a median price of $610K.
$547K
Sale Price
+9.4% since last year
$272
Sale $/Sq. Ft.
-36.7% since last year
Under List Price
1.1%
Days on Market
29
Down Payment
—
Total Homes Sold
8
To compare other locations to the Nevada City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Nevada City's median sale price is 23% higher than the national average. Overall cost of living in Nevada City is 55% higher than the national average. Learn which home features in Nevada City add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Nevada City
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How hot is the Nevada City housing market?
Nevada City is very competitive. Homes sell in 29 days.
0
100
76
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Nevada City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Nevada City.
Flood Factor - Major
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Nevada City has a major risk of flooding. 189 properties in Nevada City are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Nevada City. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Nevada City has a severe risk of wildfire. There are 1,774 properties in Nevada City that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Nevada City.
Nevada City has minimal risk of severe winds over the next 30 years
Wind Factor
Nevada City has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.