Zephyr Cove Housing Market Report March 2025Douglas County, Nevada

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Housing Prices in Zephyr Cove, NV

How much do homes in Zephyr Cove, NV cost?

Housing Market Conditions

Is Zephyr Cove, NV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Zephyr Cove is a Buyer's Market

Difference Since March 2024

At the same time last year, Zephyr Cove was a Seller's Market.

Insight

Zephyr Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,226,000$648/SqFt
+$76,000
+6.6%

Based on all homes sold in the last 12 months

Insight

Homes in Zephyr Cove have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Zephyr Cove was $1,226,000 in March 2025, up 6.6% from last year, and the median price per square foot was $648.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Zephyr Cove
+6.6%
Genoa
-3.0%
Genoa-Jacks Valley
-7.9%
Stateline
-12.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$403.5K$382.5K
-5.2%
2$624K$614K
-1.6%
3$1.1M$1.0M
-3.6%
4$1.6M$1.5M
-4.2%
5$2.2M$3.7M
+62.5%

Summary: Zephyr Cove housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.2%. The home price for 2 bedroom homes decreased by -1.6%. The home price for 3 bedroom homes decreased by -3.6%. The home price for 4 bedroom homes decreased by -4.2%. The home price for 5 bedroom homes increased by +62.5%.

How does Zephyr Cove, NV compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Zephyr Cove, NV

Housing supply in Zephyr Cove, NV

How many homes are available in Zephyr Cove, NV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
101Last MonthMar 2025
832 months agoFeb 2025
+21.7 %
Change MoMFeb – Mar

Summary: The Zephyr Cove real estate market had 101 homes for sale in Mar 2025, a 21.7 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
11Last MonthMar 2025
52 months agoFeb 2025
+120.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
157
+40.0%
21415
+7.1%
33039
+30.0%
41722
+29.4%
51718
+5.9%

Summary: Zephyr Cove housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +40.0%. The inventory for 2 bedroom homes increased by +7.1%. The inventory for 3 bedroom homes increased by +30.0%. The inventory for 4 bedroom homes increased by +29.4%. The inventory for 5 bedroom homes increased by +5.9%.

Asking Price vs. Sold Price

How much do homes in Zephyr Cove, NV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price10 Homes

Insight

If you're buying a home in Zephyr Cove, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Zephyr Cove in March 2025, up by 120.0% month-over-month. Of the 11 sold homes, 91% were sold under asking, 0% were sold at asking, and and 9% were sold over asking.

Days on Market for Zephyr Cove, NV

How long does it take to sell a home in Zephyr Cove, NV?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days6 Homes

Insight

Most homes in Zephyr Cove are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2025, 11 homes were sold in Zephyr Cove; 18% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
125 DaysThis YearMar 2025
116 Days1 year agoMar 2024
+7.9 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Zephyr Cove had an average listing age of 125 days in Mar 2025, up by 7.9% compared to the previous year.

Newest Listings in Zephyr Cove, NV

What homes are available in Zephyr Cove, NV?

Nearby markets

Nearby markets aren't available for Zephyr Cove, NV

MLS Disclaimers and Copyright

Based on information from Northern Nevada Regional MLS, for the period 04/01/2023 - 04/01/2025

IDX Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.