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North Las Vegas, NV—89081

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$420,000
1.2% YoY Growth
Household Income
$88,400
35.3% YoY Growth
Days on Market
43
1.0% Shorter YoY
Home Price Forecast
-0.3%
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

890858903289084890308903189086
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — North Las Vegas, NV

As of May '26, the median home price in North Las Vegas, NV is $420,000, with a year-over-year change of -1.2%. This indicates that home prices in North Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$420,000-1.2%
Single Family $426,000-1.4%
Condos $255,000-1.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$375,000-2.1%
    3 Bed
    		$398,000-1.2%
    4 Bed
    		$440,000-1.3%
    5 Bed $490,343-1.5%
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    3.7%
    2 Bedrooms
    15.2%
    3 Bedrooms
    44.1%
    4 Bedrooms
    31.1%
    5+ Bedrooms
    5.7%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,080$2,120
    Studio Rent N/AN/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 May '26, Realtor.com reports that the median days on market for a home in North Las Vegas, NV is 43. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$440,0000.0%
    Listing Count
    		17510.0%
    Listings as % of Homes1.0%10.0%
    Days on Market
    		43-1.0%
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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.

    MetricLatest CensusYoY % Change
    Population
    		41,10013.9%
    % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax 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

    Affordability — North Las Vegas, NV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$420,000
    Median Household Income$88,400

    North Las Vegas, NV — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions