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Nevada Community Guide

Tournament Hills, NV

Population 5,000 · Median home value $520,000 · — active listings

Tournament Hills is a small town of about 5,000 people in Nevada, with a price point above the national middle.

Key figures for Tournament Hills, NV
StateNevada
Population5,000
Median home value$520,000
Active listings
Median across Nevada communities we track$450,000

The Tournament Hills housing market

At $520,000, the median home value sits about 16% above the median of the 23 communities we track in Nevada.

Active listing counts move week to week; check current inventory before assuming how much choice you will have.

Current listings for Tournament Hills are maintained on the following sites:

These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.

Buying in Tournament Hills

At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from.

Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.

Investing in Tournament Hills

For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.

Nearby communities in Nevada

Frequently asked questions

What is the median home value in Tournament Hills, NV?

The median home value in Tournament Hills is approximately $520,000. At $520,000, the median home value sits about 16% above the median of the 23 communities we track in Nevada. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.

How many homes are for sale in Tournament Hills?

There were roughly — active listings at last count. Active listing counts move week to week; check current inventory before assuming how much choice you will have. For current inventory, see Homes for sale in Tournament Hills, Luxury homes for sale in Tournament Hills.

What should I know before buying in Tournament Hills?

At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Nevada state guide covers closing practice and property law.