33Alpha

Pahrump, NV metro area Housing Market Brief

metro · NV · as of August 2026

Buyer's

What is Pahrump, NV metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-17.331
Inventory Health25%
+16.843
Affordability20%
+2.914
Economic Strength20%
45
Rental Yield15%
26

Where is Pahrump, NV metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Pahrump, NV metro area is classified as Recovering turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Pahrump, NV metro area?

Our model forecasts Pahrump, NV metro area’s home prices to rise about 2.8% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Pahrump, NV metro area housing market data

MetricValueYoY
Median Sale Price$364K-12.9%
Median Days on Market69 days▲ +7.8%
Months of Supply7.2-20.9%
Homes for Sale417▲ +14.9%
Homes Sold60▲ +46.3%
Median Price / Sq Ft$201-6.3%

How has Pahrump, NV metro area’s Alpha Score moved?

Now: 33
12-period trend
Median sale price · 12 mo

Markets like Pahrump, NV metro area

Frequently asked questions

Is Pahrump, NV metro area a buyer's or seller's market?

As of August 2026, Pahrump, NV metro area is classified as a Buyer's Market, based on its Alpha Score of 33 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Pahrump, NV metro area?

The median sale price in Pahrump, NV metro area is $364K, having fallen 12.9% over the past year.

How affordable is Pahrump, NV metro area?

Pahrump, NV metro area scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Pahrump, NV metro area's Alpha Score?

Pahrump, NV metro area's strongest dimension is Economic Strength (45/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Pahrump, NV metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.