Is Panaca, NV 89042 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Panaca is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Panaca housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lincoln County, NV

Population	1,015
Median income	$64,083
Average income	$85,550
Median home value	$263,300
Median rent	$920/month
Owner-occupied	63% of homes
Median year built	1958

Natural hazard riskWildfire (relatively high), earthquakes (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 89042; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 89042

Prefilled for 89042Can I win this house?Multiple-offer likelihood for a listing Prefilled for 89042Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alamo 89001Seller’s market $232 /sq ft Caliente 89008Balanced $242 /sq ft Pioche 89043Seller’s market $244 /sq ft Browse all markets →

Towns like Panaca nearby

Find towns like Panaca in other states →

Pioche, NV89043 · 7 miles away13% similarcheaper homes ($43K less) · older residents

Where Panaca is

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Questions about Panaca real estate

What are property taxes in Panaca?

About 0.51% of a home’s value a year in Lincoln County, or roughly $2,040 on a $400,000 home.

Local agents

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More tools for 89042

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lincoln County property taxes Lincoln County loan limits Closing costs in Nevada Hottest ZIP codes in Nevada

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology