Home prices
Nevada City's median home price is $417,600. It is roughly $87,460 (26%) higher in comparison to the surrounding areas.It is approximately $200,100 (92%) higher compared to the entire nation, and in comparison to the city of Sacramento it is approximately $80,700 (23%) higher.
Rents
Nevada City's median monthly rent is $1,100. This is approximately $311 (22%) lower in comparison to the surrounding areas.Compared to the country as a whole it is roughly $38 (3%) higher, and is approximately $163 (12%) lower compared to the city of Sacramento.
Nearby places
Grass Valley
Grass Valley is about 2 miles southwest of Nevada City. Its housing prices are a little less expensive. The median home in Grass Valley costs $331,400, which works out to $86,200 (26%) lower than Nevada City. Rent there is pretty similar. The median rent in Grass Valley is $1,076 a month, which is $24 (2%) lower than Nevada City.
Lake Wildwood
Lake Wildwood is approximately 8 miles west of Nevada City. Its real estate prices are a bit less expensive. The median home cost in Lake Wildwood is $395,900, which comes out to $21,700 (5%) lower than Nevada City. Rent there is a lot more expensive. In Lake Wildwood the median monthly rent is $1,905, which is $805 (42%) higher than Nevada City.
Penn Valley
Penn Valley is about 9 miles southwest from Nevada City. Its real estate prices are significantly less expensive. Penn Valley's median home value is $315,200, which works out to $102,400 (32%) lower than Nevada City. Its rents are a little more expensive. In Penn Valley the median monthly rent is $1,279, which works out to $179 (13%) higher than Nevada City.
Dutch Flat
Dutch Flat is approximately 9 miles southeast from Nevada City. Its real estate prices are significantly less expensive. The median home in Dutch Flat costs $212,500, which is $205,100 (96%) lower than Nevada City. The rent there is a bit less expensive. The median monthly rent in Dutch Flat is $950, which is $150 (15%) lower than Nevada City.
Alta Sierra
Alta Sierra is approximately 9 miles south of Nevada City. The real estate prices there are a little less expensive. Alta Sierra's median home cost is $395,700, which is $21,900 (5%) lower than Nevada City. Rent there is a lot more expensive. The median rent in Alta Sierra is $1,847 a month, which works out to $747 (40%) higher than Nevada City.
