63 homes sold in Lemmon Valley in the last year, at a typical $480K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lemmon Valley homes are listed.
Every place Lemmon Valley homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lemmon Valley.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Lemmon Valley’s sales, at a typical $480K
63 homes sold in the year to May 2026.
typical sale · 63 sold in 12 months
- Per square foot
- $311NV $269
- Days to sell
- 66
- Sold over asking
- 21%
- Listings with a price cut
- 16%
About as many homes sell as usual, at twice the 2016 price
63 sales in the last year, against 73 in 2019 and a low of 44 in 2023. The typical sale went from $231K in 2016 to $480K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Lemmon Valley
Check a listing against what Lemmon Valley homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lemmon Valley are back to pre-pandemic levels, with about as many homes for sale
We read every month of Lemmon Valley’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 63 sales.
If you’re buying in Lemmon Valley
- Shop in May. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
- Less room to haggle. Only 16% of listings cut their price, against 24% before the pandemic.
- Bid near asking. Buyers paid 99% of the list price on average; 21% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 66 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 8 a month), but July is the most competitive: 43% of July sales close over asking. May offers nearly as much choice with fewer homes bid up (27%). October has the least competition (19%) but only about 4 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Nevada as a whole
| Lemmon Valley now | 2017–19 | 2021 peak | NV now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 22% | 55% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 36% | 67% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 24% | 30% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 98.1% | 101.4% | 98% |
| Days to sellMedian days from listing to contract | 66 | 75 | 20 | 63 |
17 homes for sale on a typical day
That’s 3.6 times the 2021 low (5), 11% fewer than in 2017–19 and well under 2012’s 25.
1 in 6 listings has cut its price
16% in the last year, against 24% in 2017–19 and 25% across Nevada.
Lemmon Valley ranks 13th of 34 busy Nevada markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lemmon Valley is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lemmon Valley home costs about $2,621 a month
Price: Lemmon Valley’s typical sale, last 12 months. Property tax at Lemmon Valley’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lemmon Valley is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $480K home, about $1,400 a year.
Taxes vs. neighborsSchools
The schools grade for Lemmon Valley, from test results, graduation and how much students grow.
Schools in Lemmon ValleyTypical commute
The average one-way trip to work for people who live in Lemmon Valley.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Cold Springs and Sparks sell for less a square foot
The busier markets within 25 miles of Lemmon Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Reno | 3,131 | $553K | $323 | 20% | 56 |
| Sparks | 1,461 | $519K | $291 | 21% | 52 |
| Spanish Springs | 310 | $700K | $323 | 19% | 63 |
| Cold Springs | 158 | $473K | $274 | 39% | 57 |
| Sun Valley | 81 | $439K | $318 | 30% | 51 |
| Lemmon Valley | 63 | $480K | $311 | 21% | 66 |
| Golden Valley | 25 | $667K | $321 | 8% | 122 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lemmon Valley, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lemmon Valley. People who follow the town see it, and so do people comparing Lemmon Valley with their own town. No commission, no listing fee.
Questions about buying a home in Lemmon Valley
What do homes sell for in Lemmon Valley, NV?
63 homes sold in the year to May 2026 at a typical $480K, $311 a square foot.
Is Lemmon Valley a buyer’s or seller’s market?
A seller’s market: 15 homes were for sale in May 2026 and 4 sold, about 3.8 months of supply. Buyers paid 99% of asking on average, and 16% of listings cut their price.
When is the best time to buy in Lemmon Valley?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lemmon Valley?
About 0.3% of a home’s value a year. On a $480K home that’s near $1,400.
Where can I see homes for sale in Lemmon Valley?
Zillow, Redfin, Realtor.com and Homes.com all carry Lemmon Valley’s MLS listings; the search links above open each one filtered to Lemmon Valley.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).