HousingHandbookReference data

U.S. ZIP Code · NV89048

Nye County

Typical home value

$376,391[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.1%
5-year / yr
+5.3%
10-year / yr
+8.3%

Relative price

vs U.S.
+32.5%
vs metro
vs state
-9.7%
ZIP 89048 location in NV
Location of ZIP 89048 in NV

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 89048 is worth $376,391. Over the past year, values have risen 2.1%. Homes here rent for a typical $1,350 a month — a 4.3% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,350[2]
Gross yield
4.3%[2]
Cap rate
2.6%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$1,799[3]

#Climate risk

FEMA National Risk Index ratings for Nye County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Relatively Moderate

#Who lives here

Population
26,486[3]
Median household income
$61,367[3]

#Migration

Household moves in and out of Nye County over a year, from IRS tax-return data.

Net migration
+365[5]
Moved in
1,905
Moved out
1,540

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
2
Middle
1
High
2
  • Pahrump Valley High School

    High · Grades 9–12 · Nye

    1,349 students

  • J G Johnson Elementary School

    Elementary · Grades PK–5 · Nye

    527 students

  • Mt Charleston Elementary School

    Prekindergarten · Grades PK · Nye

    200 students

  • Pathways High School

    High · Grades 9–12 · Nye

    97 students

  • Pathways Middle School

    Middle · Grades 6–8 · Nye

    53 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.3%
Net yield (after ~40% expenses)2.6%
Annual rent$16,202

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,903
Loan principal$301,113
Down payment$75,278
Total interest paid$384,053

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.75
Monthly cost to own$2,367
Monthly rent$1,350

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 89048?
The typical home in 89048 is worth $376,391, based on the Zillow Home Value Index.
Are home values rising in 89048?
Home values in 89048 are up 2.1% over the past year, and up 5.3% a year over five years.
What is the typical rent in 89048?
A typical home in 89048 rents for about $1,350 a month, a gross rental yield of 4.3%.
What is the property tax rate in 89048?
The effective property tax rate in 89048 is 0.5% — roughly $1,799 a year on a typical home.
Who lives in 89048?
ZIP code 89048 has a population of 26,486 and a median household income of $61,367.

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