Real Estate Investing in Winnemucca, Nevada (89445)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Pershing County • Population: 17,188 • Data updated: September 2026

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Should you buy in 89445 (Winnemucca, NV)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 8.0% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 25.4 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Winnemucca, NV (89445)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $362,395
Avg Monthly Rent $1,188
1% Rule ✗ Does Not Meet
Median Income $77,783
% Renters 29.5%

Market Analysis: 89445 Winnemucca

The 89445 ZIP covers a section of Winnemucca that demands careful diligence. Prices near $362K look accessible, but the work to make a deal cash flow is real.

The 89445 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Nearby ZIPs in Winnemucca have seen price recovery that 89445 has not matched. Pershing County data supports the view that the spread is structural rather than temporary.

Employment concentration in 89445 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Distressed ZIPs reward experience. notable returns are possible in 89445, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Winnemucca:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+7.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,188/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Winnemucca, NV Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Winnemucca, NV metro data
🏠

Property Strategy for 89445

Which property type performs best in this market?

Best for Cash Flow
2BR
3.9% cap rate
Best for Appreciation
5BR
+9.3% 5yr CAGR
Best Overall Value
5BR
$102,543/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $242,842 $1,320 3.9% +6.5% $121,421
3BR $357,926 $1,650 3.3% +8.1% $119,309
4BR $467,429 $2,210 3.4% +8.3% $116,857
5BR $512,717 +9.3% $102,543

Market Trends

Home Value History (with trend line)

$377K$334K$291K$248K$205K$162KApr 2015Dec 2020Jul 2026

📊 How Does 89445 Compare?

Metric 89445 Winnemucca Winnemucca, NV Nevada
Home Value $362,395 $181,198 N/A $444,019
5-Year CAGR 5.9% 5.9% N/A 6.8%
Avg Rent $1,188 $1,188 N/A -
Cap Rate 2.6% 2.6% - -

Similar ZIPs Within 25 Miles

Compare other nearby markets to see if a neighbor offers a better fit.

💡 Why Invest in 89445? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 89445 (Winnemucca, NV). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+5.9%
Moderate

📉 Market Crash Risk Index

Based on Winnemucca, NV metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $362,395
Monthly Rent $1,188
Price-to-Rent 25.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.6%
5-Year IRR 8.5%

📈 Home Appreciation

1-Year +7.8% ▲
3-Year CAGR +5.9% ▲
5-Year CAGR +5.9% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
8.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 89445

Population: 17,188

💰 Median Household Income
$77,783
This area
$77,783
State
$77,928
USA
$74,580
🏠 Renter Occupied
29.5%
This area
29.5%
State
33.6%
USA
34.0%
💼 Unemployment Rate
3.3%
This area
3.3%
State
-18.7%
USA
3.7%
🎓 College Educated
19.8%
This area
19.8%
State
1.9%
USA
33.7%
👤 Median Age
36.0 years
This area
36.0 years
State
9.8 years
USA
38.9 years
🏚️ Vacancy Rate
8.0%
This area
8.0%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 76.8%
Other/Mixed 21.2%
Hispanic/Latino 16.5%
Asian 1.4%
Black/African American 0.5%
👶 Under 18
26.6%
This area
26.6%
USA
22.0%
👴 65 and Over
14.3%
This area
14.3%
USA
17.3%
📊 Poverty Rate
9.3%
This area
9.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 89445

B Avg School Grade
8 Schools
18.7:1 Avg Class Size
$15,012 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Grass Valley Elementary

📚 Pre-K – 04 Elementary
👥
472 Students
👨‍🏫
17.5:1 Class Size
💰
$15,012 Per Student
B+ Above Average

Sonoma Heights Elementary

📚 Pre-K – 06 School
👥
469 Students
👨‍🏫
16.8:1 Class Size
💰
$15,012 Per Student
B+ Above Average

Winnemucca Grammar School

📚 Pre-K – 04 Elementary
👥
274 Students
👨‍🏫
15.2:1 Class Size
💰
$15,012 Per Student
B Good

Winnemucca Junior High School

📚 07 – 08 Middle
👥
489 Students
👨‍🏫
18.1:1 Class Size
💰
$15,012 Per Student
B Good

French Ford Middle School

📚 05 – 06 School
👥
464 Students
👨‍🏫
22.1:1 Class Size
💰
$15,012 Per Student
C+ Average

Albert M. Lowry High School

📚 09 – 12 High School
👥
989 Students
👨‍🏫
22.5:1 Class Size
💰
$15,012 Per Student
C Below Average

Leighton Hall

📚 05 – 12 High School Limited Data
💰
$15,012 Per Student
C Below Average

Humboldt Adult Education Program

📚 Grade UG Elementary Limited Data
👥
7 Students
💰
$15,012 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

How expensive is real estate in Winnemucca, NV?

The median home value in Winnemucca, NV is roughly $362K. That puts it reasonable relative to the NV statewide average.

What approach is best for Winnemucca, NV real estate?

The best-fit strategy in Winnemucca, NV is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What is the typical vacancy rate in Winnemucca, NV?

Winnemucca, NV vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How viable is house hacking in Winnemucca, NV?

The house hack math a challenging in Winnemucca, NV. Owner-occupant buyers benefit from the $1,188/mo rents and $362K home values.

How deep is the rental pool in Winnemucca, NV?

The tenant pool in Winnemucca, NV is solid, supported by local employment and population fundamentals. Rents of $1,188/mo are well-absorbed by the market.

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