North Las Vegas, NV—89030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Las Vegas, NV
As of Oct '25, the median home price in North Las Vegas, NV is $299,000, with a year-over-year change of -1.9%. This indicates that home prices in North Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $299,000 | -1.9% |
| Single Family | $302,000 | -2.3% |
| Condos | $134,000 | -10.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $218,000 | -1.8% |
3 Bed | $293,000 | -2.7% |
4 Bed | $321,000 | -2.1% |
| 5 Bed | $359,000 | -0.6% |
% of Housing Stock
Rental Trends — North Las Vegas, NV
As of July '25, Rentcast reports the average rent in North Las Vegas, NV is $1,280, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in North Las Vegas, NV is studios: $791, 1-bedrooms: $1,020, 2-bedrooms: $1,220, 3-bedrooms: $1,820, 4-bedrooms: $1,850. The most common rental property sizes in North Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 40.0% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,280 |
| Studio Rent | $745 | $791 |
| 1 Bed Rent | $950 | $1,020 |
| 2 Bed Rent | $1,200 | $1,220 |
| 3 Bed Rent | $1,700 | $1,820 |
| 4 Bed Rent | $1,850 | $1,850 |
% of Rental Stock
Property Listings — North Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in North Las Vegas, NV is 87. This is a increase of 123.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $353,000 | 4.0% |
Listing Count | 94 | 9.0% |
| Listings as % of Homes | 0.4% | 9.0% |
Days on Market | 87 | 123.0% |
Demographics — North Las Vegas, NV
As of the latest ACS Survey released in 2023, North Las Vegas, NV has a population of 52,500, which has increased by 8.6% over the past 5 years. North Las Vegas, NV is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 5.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,500 | 8.6% |
% Under 18 | 29.1% | -9.6% |
% Seniors | 8.9% | 18.7% |
% WFH | 2.9% | 163.6% |
% w/ College Degree | 5.4% | 42.1% |
As of the latest ACS Survey released in 2023, North Las Vegas, NV is a predominantly hispanic area, with 72.8% of the population identifying as hispanic. The hispanic population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in North Las Vegas, NV is black, making up 14.4% of the population. Foreign-born residents account for 33.3% of the population in North Las Vegas, NV, and this percentage has decreased by 5.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.6% | -20.0% |
% Black | 14.4% | -14.8% |
% Hispanic | 72.8% | 3.9% |
% Asian | 1.3% | -13.3% |
% Foreign Born | 33.3% | -5.7% |
Mortgage and Risk — North Las Vegas, NV
According to HUD data as of 2023, there were 367 mortgage originations in North Las Vegas, NV, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in North Las Vegas, NV. Investor activity is low, as 6.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 367 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — North Las Vegas, NV
As of 2024, the percent of homes in North Las Vegas, NV under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Las Vegas, NV, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 924 |
Total Units Section 8 | 865 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 94.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $950 | $1,240 |
| 2 Bedroom | $280 | $1,200 | $1,480 |
| 3 Bedroom | $390 | $1,700 | $2,090 |
| 4 Bedroom | $610 | $1,850 | $2,460 |
Affordability — North Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $299,000 |
| Median Household Income | $46,200 |