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Gerlach 89412

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Nevada
$249K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
4
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$281K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jan 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20162017201820202021202220232026
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
20162017201820202021202220232026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20162017201820202021202220232026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20162017201820202021202220232026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20162017201820202021202220232026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20162017201820202021202220232026
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
20162017201820202021202220232026
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
20162017201820202021202220232026
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
20162017201820202021202220232026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
201620172020

Housing Stock

HomesHow many homes we have records for in this area.162
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$281K
Median sizeThe middle home size here, measured in square feet.1,171 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1982
Single familyThe share of homes here that are single-family houses.41%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.91%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.3.8%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.16%
Company ownedThe share of homes owned by a company or trust instead of a person.46%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.15.0 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.183
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.135

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.51%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.0%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.255
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.0 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$44K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$57K
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Gerlach 89412 compares

By median home value, Gerlach 89412 is the 23rd most expensive of 23 ZIP codes in Washoe County, and its typical home is worth more than 5% of all homes in Washoe County.

Home values in Gerlach 89412

Share of homes at each estimated value.

Median
$101K$1.3M
ZIP codes in Washoe County ranked by median home value
#Washoe CountyMedian valueHomes
189402$3M275
2Incline Village 89451$1.5M7,213
3Reno 89511$1.2M10,482
4Reno 89519$936K4,083
5Verdi 89439$894K1,190
6Reno 89510$727K742
7Washoe Valley 89704$727K1,950
8Reno 89521$724K15,900
9Sparks 89441$711K6,083
10Reno 89509$701K12,353
11Reno 89523$660K11,837
12Sparks 89436$583K19,819
13Reno 89508$491K5,273
14Reno 89503$489K8,867
15Reno 89506$464K15,341
16Sun Valley 89433$458K6,840
17Reno 89502$454K9,666
18Sparks 89434$453K8,847
19Sparks 89431$408K9,465
20Wadsworth 89442$406K116
21Reno 89501$372K988
22Reno 89512$351K5,167
23Gerlach 89412$281K162

About the Gerlach 89412 market

What is the median home price in Gerlach 89412, NV?

The median sale price in Gerlach 89412, NV is $248,750 (data through January 2026), based on deeds recorded with the county.

How many homes sell in Gerlach 89412, NV each year?

4 homes sold in Gerlach 89412, NV over the last 12 months (data through January 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Gerlach 89412, NV?

Gerlach 89412, NV contains 162 residential properties, with a median of 1,171 square feet, 3 bedrooms, built around 1982. The median TopHap Estimate is $281K.

How does Gerlach 89412, NV compare to the rest of Washoe County?

By median home value, Gerlach 89412, NV is the 23rd most expensive of 23 ZIP codes in Washoe County. Its typical home is worth more than 5% of all homes in Washoe County. Reno 89512 ranks just above it. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Gerlach 89412, NV?

16% of homes in Gerlach 89412, NV are owner-occupied. 46% are held by a company rather than an individual.

How much equity do owners in Gerlach 89412, NV hold?

91% of mortgaged homes in Gerlach 89412, NV are equity-rich, meaning the loan balance is under half the home's value. 3.8% owe more than the home is worth.

Nearby markets

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Explore Gerlach 89412 on the map

See every recorded sale, price heat map, school zone and flood overlay across Gerlach 89412in TopHap’s interactive 3D map.

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