Nevada City Real Estate & Homes for Sale in California
Seen by many as California's prettiest and best-preserved Gold Rush town, Nevada City is known as the “Queen City of the Northern Mines.” Its entire downtown historic district is listed on the National Register of Historic Places. Situated on the banks of Deer Creek and surrounded by deep green hillsides, Nevada City is filled with Gold Rush-era commercial buildings and picturesque Victorian homes. The downtown area, lit by authentic gaslights, is a popular destination for visitors and locals alike. Attractions include the National Hotel, which claims to be the state's oldest continuously operating hotel and several historic bed and breakfast inns. Live theater and concerts are offered at the historic Nevada Theatre and miners Foundry Cultural Center. Nevada City offers an excellent quality of life. Recreational opportunities abound whether you want to hike or picnic along the sparkling South Yuba River or take a mountain bike ride on trails and back roads that lead from town. Popular annual events include Joe Cain Days in February, the internationally renowned Nevada City Bicycle Classic each June, the Constitution Day Parade in September, fall colors touring and the "Victorian Christmas".
Nevada City’s real estate is primarily composed of single-family detached homes. For smaller homes set on ample acreage prices start in the mid to upper $300,000s. Larger homes, complete with RV and boat parking, guest homes and spectacular water views, prices can reach in the millions. Limited condominiums and townhomes are available. Lots and acreage for custom home building are also available in outlying areas.
Nevada City Real Estate Stats and Trends for the week of May 18th, 2015: homes priced around $386,391 compared to $384,565 the previous week, for a slight increase of less than +1%. For Friday, May 22nd, the current national mortgage rate for a 30 year fixed mortgage is 3.91%; the 15 year fixed rate is at 3.07%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.26%, while the 15 year jumbo rate currently is at 3.78%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Nevada City CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Nevada City to help you find the best home!