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ELKO, NV 89801

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ELKO, NV real estate market (89801) currently shows 96 active listings, with 36 pending sales. Homes are averaging 146 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 146 days on market compared to 55 days last year.

The median listing price has fallen 8% year-over-year, from $526,700 to $484,675.

Whether you are buying or selling in ELKO, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,023  ·  Density: 8.3/mi²  ·  Median household income: $87,718

Typical home value: $258,481  ·  Homeownership: 62.9%

Market Overview

Active Listings
96
⇩ 1% vs 97 last year
Pending
36
38% pending ratio
Median Price
$484,675
⇩ 8% vs $526,700 last year
Average Price
$487,458
⇩ 13% vs $560,554 last year
Days on Market
146
⇧ 165.5% vs 55 days last year

Price Per Square Foot

Median $/sqft
$278
⇧ 26.4% vs $220/sqft last year
Median Home Size
1,875 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 97 last year
  • Days on market: 146 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $484,675 (-8% YoY)
  • Average: $487,458 (-13% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 0.0 miles — 147 listings ($75,510,598 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89801Elko, NV 898010.0 mi96$47,450,688$489,900$494,278
89815Spring Creek, NV 8981543.3 mi47$26,735,010$499,999$568,830
89822Carlin, NV 8982252.6 mi2$554,900$277,450$277,450
89826Jarbidge, NV 8982654.9 mi1$450,000$450,000$450,000
89825Jackpot, NV 8982573.6 mi1$320,000$320,000$320,000
, 0.0 mi0$0$0$0

Frequently Asked Questions

How many homes are for sale in ELKO, NV 89801?

As of February 2026, there are 96 active listings in ELKO, NV (zip code 89801), compared to 97 the prior year.

What is the median home price in ELKO, NV 89801?

The median listing price in ELKO, NV 89801 is $484,675 as of February 2026, a 8% decrease from $526,700 the prior year.

How long do homes stay on the market in ELKO, NV?

Homes in ELKO, NV 89801 spend an average of 146 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in ELKO, NV 89801?

Based on current inventory and days-on-market data as of February 2026, ELKO, NV 89801 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 146 days on market compared to 55 days last year.

How much can I save on real estate commission in ELKO, NV?

With SELL123.com's maximum 3% commission, sellers in ELKO, NV 89801 save an estimated $9,694 compared to a typical 5% commission on the median listing price of $484,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.