ZAzipappreciation.com

State ranking · Q2 2026

Fastest-appreciating ZIP codes in Nevada

Over the year to Q2 2026, the fastest-appreciating of Nevada's 7 3-digit ZIP regions was ZIP3 894 (Sparks, NV area) at +4.8%, based on FHFA HPI® data. 5 of 7 regions outpaced the statewide change of +2.5%; the U.S. changed +3.0%.

2 of 7 regions in Nevadause a FHFA "Balance of State" or metro index instead of a separately estimated 3-digit ZIP index, so some regions share identical values and rankings can tie.

Ranked by 1-year change

#3-digit ZIP region1 year3 years5 years
1894 · Sparks, NV area+4.8%+13.9%+31.0%
2893 · Ely, NV area+4.7%+14.3%+36.5%
3898 · Elko, NV area+4.7%+14.3%+36.5%
4897 · Carson City, NV area+3.6%+11.4%+30.4%
5895 · Reno, NV area+3.4%+11.7%+31.3%
6891 · Las Vegas, NV area+0.9%+12.5%+39.7%
7890 · Henderson, NV area-2.3%+6.4%+31.9%

Top 7 by 5-year change

#3-digit ZIP region5 years1 year
1891 · Las Vegas, NV area+39.7%+0.9%
2893 · Ely, NV area+36.5%+4.7%
3898 · Elko, NV area+36.5%+4.7%
4890 · Henderson, NV area+31.9%-2.3%
5895 · Reno, NV area+31.3%+3.4%
6894 · Sparks, NV area+31.0%+4.8%
7897 · Carson City, NV area+30.4%+3.6%

Top 7 by 10-year change

#3-digit ZIP region10 years1 year
1891 · Las Vegas, NV area+124%+0.9%
2894 · Sparks, NV area+111%+4.8%
3897 · Carson City, NV area+111%+3.6%
4890 · Henderson, NV area+108%-2.3%
5895 · Reno, NV area+107%+3.4%
6893 · Ely, NV area+107%+4.7%
7898 · Elko, NV area+107%+4.7%

Top 7 by change since Q1 1995

#3-digit ZIP regionSince Q1 19951 year
1895 · Reno, NV area+322%+3.4%
2897 · Carson City, NV area+301%+3.6%
3894 · Sparks, NV area+296%+4.8%
4891 · Las Vegas, NV area+277%+0.9%
5893 · Ely, NV area+275%+4.7%
6898 · Elko, NV area+275%+4.7%
7890 · Henderson, NV area+259%-2.3%

Frequently asked questions

What is the fastest-appreciating ZIP code area in Nevada?
Over the past year, ZIP3 894 (Sparks, NV area) led Nevada at +4.8%. Over five years the leader was ZIP3 891 (Las Vegas, NV area) at +39.7%, and since Q1 1995 it was ZIP3 895 (Reno, NV area) at +322%.
Why are rankings by 3-digit ZIP and not 5-digit ZIP?
FHFA publishes its quarterly ZIP-level index for 3-digit ZIP regions, which group all ZIP codes sharing the same first three digits. Each region covers many communities, so results describe broad regional trends rather than any one neighborhood or home.