North Las Vegas, NV 89081 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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North Las Vegas, NV—89081

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$415,000

0.4% YoY Growth

Household Income

$88,400

35.3% YoY Growth

Days on Market

72

18.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$2,080

1.4% YoY Growth

1-Bed Rent

$1,340

24.7% YoY Growth

2-Bed Rent

$1,680

3.0% YoY Growth

3-Bed Rent

$2,000

1.9% YoY Growth

Other Zip Codes in North Las Vegas, NV

89085 89032 89084 89030 89031 89086

Home Price Trends — North Las Vegas, NV

As of Dec '25, the median home price in North Las Vegas, NV is $415,000, with a year-over-year change of -0.4%. This indicates that home prices in North Las Vegas, NV are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$415,000	-0.4%
Single Family	$421,000	-0.7%
Condos	$257,000	0.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Las Vegas, NV

As of July '25, Rentcast reports the average rent in North Las Vegas, NV is $2,120, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in North Las Vegas, NV is 1-bedrooms: $1,250, 2-bedrooms: $1,740, 3-bedrooms: $2,020, 4-bedrooms: $2,260. The most common rental property sizes in North Las Vegas, NV are 3-bedroom and 2-bedroom, accounting for 35.8% and 29.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,080	$2,120
Studio Rent	N/A	N/A
1 Bed Rent	$1,340	$1,250
2 Bed Rent	$1,680	$1,740
3 Bed Rent	$2,000	$2,020
4 Bed Rent	$2,200	$2,260

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% of Rental Stock

Studio

0.8%

1 Bedroom

10.1%

2 Bedrooms

29.3%

3 Bedrooms

35.8%

4 Bedrooms

21.1%

5+ Bedrooms

3.0%

Property Listings — North Las Vegas, NV

As of Dec '25, Realtor.com reports that the median days on market for a home in North Las Vegas, NV is 67. This is a increase of 22.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$440,000	0.0%
Listing Count	163	8.0%
Listings as % of Homes	1.0%	8.0%
Days on Market	72	18.0%

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Demographics — North Las Vegas, NV

As of the latest ACS Survey released in 2023, North Las Vegas, NV has a population of 41,100, which has increased by 13.9% over the past 5 years. North Las Vegas, NV is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	41,100	13.9%
% Under 18	25.8%	-13.7%
% Seniors	11.5%	45.6%
% WFH	7.8%	254.5%
% w/ College Degree	19.5%	-2.0%

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As of the latest ACS Survey released in 2023, North Las Vegas, NV is a predominantly hispanic area, with 39.2% of the population identifying as hispanic. The hispanic population has grown by 21.7% in the last 5 years. The second most common race or ethnicity in North Las Vegas, NV is black, making up 23.9% of the population. Foreign-born residents account for 19.3% of the population in North Las Vegas, NV, and this percentage has increased by 26.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	23.1%	-14.1%
% Black	23.9%	-14.9%
% Hispanic	39.2%	21.7%
% Asian	8.3%	23.9%
% Foreign Born	19.3%	26.1%

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Mortgage and Risk — North Las Vegas, NV

According to HUD data as of 2023, there were 29 mortgage originations in North Las Vegas, NV, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in North Las Vegas, NV. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	29
% Conventional Loans	48.0%
% Government Loans	52.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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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 7.2%. 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	299
Total Units Section 8	299
% Rentals under Section 8	7.2%
% Occupied Section 8	98.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$430	$1,340	$1,770
2 Bedroom	$420	$1,680	$2,100
3 Bedroom	$940	$2,000	$2,940
4 Bedroom	$1,210	$2,200	$3,410