Buying a home in Nevada

Property taxes, transfer taxes, home values and first-time buyer help in Nevada.

Effective property tax rate

0.47%

Median tax $2,027 ÷ median value $435,400 (ACS 2020–2024)

Typical home value

$442,027

Zillow ZHVI, 2026-08

State transfer tax

0.51%

Usually paid by: negotiable. Nev. Rev. Stat. § 375.020. Official source. Local taxes may add more.

Estimated buyer closing costs Estimate

$3,400–$7,500

On a $442,027 home: typical lender fees + title insurance + deed recording (TallyClose) + the buyer’s share of transfer/recording taxes. Excludes prepaids, escrow and local taxes.

At Nevada's effective rate of 0.47%, a typical $442,027 home would owe about $2,078/year ($173/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

Nevada Housing Division

Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Nevada Housing Division →

Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-10-15.