Pahrump housing market

Buyer's marketPahrump, NV metro areaData through Sep 2026
Typical home value
$355K
▲ 0.7% 1 yr
Typical rent
$1,471/mo
▲ 2.8% 1 yr
12-month forecast
+0.4%
#441 of 546 metros
Gross rent yield
5.0%
#411 of 546 · U.S. 6.3%
Days to pending
131 days
1 yr
Listings with a price cut
30%
▲ +4.1 pts 1 yr

Key takeaways

  • 1The typical home is worth $355,158, up 0.7% in a year and up 16% over five years.
  • 2Zillow forecasts home values rising 0.4% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,471/mo (+2.8% YoY), a 5.0% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,952/mo in principal and interest, $481 more than renting.
  • 5Homes go under contract in 131 days; 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 28/100, #475 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $355K
$170K$229K$288K$347K2016201920222025
Typical monthly rent
Latest $1,471
$1,302$1,354$1,407$1,45920222023202420252026

How fast homes are selling

Days to go under contract
Latest 131
911031161282026
Share of listings with a price cut
Latest 29.9%
11.4%18.7%25.9%33.2%20182020202220242026
Homes for sale vs new listings
Latest 372
For saleNew listings
6616927237520182020202220242026
Share of homes sold above list price
Latest 18.0%
8.6%17.6%26.6%35.6%202120232025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Pahrump compares

MeasurePahrumpUnited StatesRank of 546
Home value, 1-yr change+0.7%+1.2%#392
Home value, 5-yr change+15.5%+19.7%
12-month forecast+0.4%+1.1%#441
Rent, 1-yr change+2.8%+2.7%#325
Gross rent yield5.0%6.3%#411
Price-to-rent ratio20.115.8
Mortgage P&I on typical home$1,952$2,012
Days to pending13156

Cities in the Pahrump metro

1 cities with home value and rent data.

Pahrump$365K▲ 0.5%$1,471▲ 2.2%4.8%

Run the numbers

Other Nevada metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.