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Buying a home in Crescent Valley, Nevada

The typical owner-occupied home in Crescent Valley is worth about $54,300, 88% below the Nevada median of $435,400 and 84% below the national median of $332,700. The median household earns $75,500 a year, so the median home costs 0.7 times the median income (5.6 times for Nevada). 98% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.

Crescent Valley at a glance

Crescent Valley Nevada U.S.
Median home value $54,300 $435,400 $332,700
Median property tax paid per year – $2,027 $3,119
Median household income $75,500 $78,260 $80,734
Homes lived in by their owners 98% 60% 65%
Owner homes with a mortgage 24% 66% 61%
Median monthly costs, owners with a mortgage $1,267 $1,932 $1,963
Those costs as a share of the owners' income 33.2% 22.3% 21.0%
Median rent – $1,597 $1,413
Median year homes were built 2003 1996 1980
Vacant homes 29.2% 9.3% 10.1%
Population 690 3,184,612 334,922,499

What a typical home costs per month in Crescent Valley

At this week's average 30-year rate of 7.11%, buying the median Crescent Valley home of $54,300 with 20% down costs about $365 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $455, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $15,627 for the 20%-down payment. That payment is 6% of the median Crescent Valley household income of $75,500; at that income and 20% down, the 28% guideline points to a home of about $262,000.

20% down, 30-year conventional loan
Down payment$10,860
Loan amount$43,440
Principal and interest$292
Property taxes (1.10% a year)$50
Homeowners insurance (our estimate, 0.5% a year)$23
PMI$0
Total per month$365

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3.5% down, 30-year FHA loan
Down payment$1,900
Loan amount$53,316
Principal and interest$359
Property taxes (1.10% a year)$50
Homeowners insurance (our estimate, 0.5% a year)$23
FHA mortgage insurance$24
Total per month$455

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Questions about home buying in Crescent Valley

What is the median home value in Crescent Valley?

About $54,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Crescent Valley?

For the median home with 20% down at 7.11%, the payment is about $365 a month. Keeping that under 28% of gross income takes about $15,627 a year.

More about Crescent Valley

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data