Real Estate Market Update for Nevada City, CA
Welcome to October's Market Update. Lets take a look at residential real-estate activity in your area during the month of September. The number of active listings was up 43% from one year earlier, and up 10% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 750-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 410-thousand dollars. The number of units sold increased 50% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Nevada City, CA
Area Information for Nevada City, CA
  • Population: 3,251
  • Median Age: 48.39 yr
  • Median Commute Time: 17 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 1,485/sq mi
  • Population Change Since 2000: 6.23%
  • Closest Airport: Sacramento International
  • Closest College: Mount Saint Joseph Seminary
  • Closest Jr. College: Aviation And Electronic Schls Of America
  • Median Household Income: $53,422
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $299,500
  • Closest Major Sports Team: Sacramento Kings
  • Change Avg. Household Income Since 2000: 66.04%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Nevada City, CA
Median Age: 48.39 Married: 37% Number of Households: 1,446 Households with Children: 262
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Nevada City, CA

      School Name Distance Type Grades School Rating Parent Rating
      Grizzly Hill School 7.8 mi Public K-8 1 0
      Twin Ridges Special Education Preschool 7.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Ananda Living Wisdom School 10.5 mi Private PRESCHOOL-12 0 0
      Yuba River Charter School 10.8 mi Public K-8 0 0
      Forest Charter 11.3 mi Public K-12 3 0
      Core Placer Charter School 11.3 mi Public K-12 0 0
      Twin Ridges Home Study Charter 11.4 mi Public K-8 3 0
      Nevada City Preschool 11.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Nevada City Charter School 11.8 mi Public PRESCHOOL-8 0 0
      Seven Hills Intermediate School 11.8 mi Public 5-8 4 0
      Nevada County Special Education School 11.8 mi Public K-12 0 0
      Deer Creek Elementary School 11.8 mi Public K-4 4 0
      Milhous School-bradshaw 12.9 mi Private 6-12 0 0
      Milhous School 12.9 mi Private 7-12 0 0
      Echo Ridge Christian School 13.1 mi Private K-8 0 0
      Woolman Semester 14.7 mi Private 11-12 0 0
      Nevada City School Of The Arts 16.6 mi Public K-8 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Nevada City, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.