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Is Virginia City, NV 89440 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Virginia City is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market103Listing to accepted offer
Median price per sq ft$295▼ −1.1% vs. last year

The Virginia City housing market right now

In the three months ending August 31, 2026, 50% of homes in Virginia City, NV 89440 sold above their list price, the typical home went under contract in 103 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (66 days then) and the median sale price rose 7% to $632,226. Overall, Virginia City is more competitive than a year ago, so tougher for buyers.

Run the numbers for 89440

Prefilled for 89440Can I win this house?Multiple-offer likelihood for a listing Prefilled for 89440Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Sparks 89434Seller’s market $302 /sq ft Browse all markets →

Where Virginia City is

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Questions about Virginia City real estate

Is Virginia City a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Virginia City, NV 89440 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Virginia City?

The typical home went under contract in 103 days in the latest three months.

Do homes in Virginia City sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.

What are property taxes in Virginia City?

About 0.34% of a home’s value a year in Storey County, or roughly $1,360 on a $400,000 home.

What is the median home price in Virginia City?

The median sale price was $632,226 in the three months ending August 31, 2026, about $295 per square foot.

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