A new report looking at the start of 2026 shows Northern Nevada’s housing market is moving differently than it did a year ago, with changes in home prices, sales activity, and how long it takes homes to sell across several counties.
The report from Sierra Nevada REALTORS breaks down residential real estate trends across Carson City, Churchill, Douglas, Lyon, Storey, and Washoe counties, excluding Incline Village. It uses data from the Northern Nevada Regional MLS and analysis from Domus Analytics.
A year ago, homes were moving quickly across much of the region. Now, the early 2026 data shows a more mixed picture, with some areas slowing down, others picking up in sales, and pricing holding steady or shifting slightly depending on the county.
“What the year-over-year data tells us is that this region is maturing in the best possible way," said Garrett Lepire, 2026 president of Sierra Nevada REALTORS. "Prices are more honest. Buyers have more time to make good decisions. And sellers who price right are still walking away with nearly everything they asked for. That's not a decline—that's a healthy market doing what a healthy market does."
Here is how the market looked when comparing early 2025 to early 2026 across the region. Manufactured, modular, and newly built homes are excluded unless otherwise noted.
CARSON CITY
Home prices dipped slightly, with the median going from $547K to $535K. Fewer homes sold, dropping from 123 to 103. Homes also took longer to sell, moving from 17 days to 30 days on average. Even so, sellers saw stronger outcomes, with homes closing at 98.8% of the asking price, up from 97.7%.
CHURCHILL COUNTY
Prices stayed mostly level, moving from $395K to $397K. Sales increased from 53 to 67. Homes took slightly longer to sell, rising from 23 to 28 days. Sellers saw stronger returns, with homes closing at 99.3% of the asking price, the highest in the region. New listings dropped 19%, showing a tighter supply.
DOUGLAS COUNTY
Prices moved down from $689K to $645K, but sales increased from 144 to 179. Homes sold faster, dropping from 42 days to 36 days. The price per square foot stayed the same at $362, showing steady underlying value despite the shift in median price.
LYON COUNTY
Prices rose from $402K to $410K, and sales ticked up from 246 to 250. Homes sold much faster, dropping from 35 days to 25 days. Sellers also saw stronger results, with homes closing at 99.1% of the asking price, up from 98.3%.
STOREY COUNTY
Prices dropped from $712K to $615K, but the small number of sales, 13 in both periods, means a single transaction can shift the numbers. Price per square foot rose from $274 to $305, showing stronger underlying value. Homes took longer to sell, rising from 33 to 59 days.
WASHOE COUNTY
Prices rose from $570K to $580K. Sales increased from 1,010 to 1,039. Homes took slightly longer to sell, moving from 21 to 22 days. Sellers also saw a small gain in returns, with homes closing at 98.9% of the asking price.
Washoe County also recorded more than 1,000 home sales for the second straight early-year reporting period, showing steady demand in the region’s largest housing market.
Across Northern Nevada, the data shows a market that is no longer moving in one direction, but instead adjusting county by county as buyers and sellers respond to changing conditions.
