North Las Vegas, NV89084

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$450,000
0.5% YoY Growth
Median Household Income
$93,700
24.0% 5-Year Growth
Days on Market
48
20.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$2,170
0.9% YoY Growth
1-Bed Rent
$1,370
0.0% YoY Growth
2-Bed Rent
$1,750
0.0% YoY Growth
3-Bed Rent
$2,050
1.9% YoY Growth

Other Zip Codes in North Las Vegas, NV

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 48. This is a increase of 20.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$485,0005.0%
Listing Count
32338.0%
Listings as % of Homes1.4%38.0%
Days on Market
4820.0%
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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 37,100, which has increased by 36.3% over the past 5 years. North Las Vegas, NV is a popular place for families, as children make up 26.5% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
37,10036.3%
% Under 18
26.5%1.9%
% Seniors
15.2%-3.2%
% WFH
13.1%142.6%
% w/ College Degree
28.9%-6.2%
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As of the latest ACS Survey released in 2023, North Las Vegas, NV is a predominantly white area, with 35.8% of the population identifying as white. The white population has shrunk by 21.3% in the last 5 years. The second most common race or ethnicity in North Las Vegas, NV is hispanic, making up 24.4% of the population. Foreign-born residents account for 13.9% of the population in North Las Vegas, NV, and this percentage has decreased by 7.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
35.8%-21.3%
% Black
20.6%28.7%
% Hispanic
24.4%18.4%
% Asian
10.4%-14.0%
% Foreign Born
13.9%-7.3%
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Mortgage and Risk — North Las Vegas, NV

According to HUD data as of 2023, there were 162 mortgage originations in North Las Vegas, NV, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in North Las Vegas, NV. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
162
% Conventional Loans
60.0%
% Government Loans
40.0%
% Investor Loans
2.0%
% Second Loans
2.0%
% Cash Out Refinance
15.0%

Loan Activity

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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 4.0%. 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
161
Total Units Section 8
161
% Rentals under Section 8
4.0%
% Occupied Section 8
98.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$480$1,370$1,850
2 Bedroom$440$1,750$2,190
3 Bedroom$1,020$2,050$3,070
4 Bedroom$1,100$2,460$3,560

Affordability — North Las Vegas, NV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.7
Median Home Price$450,000
Median Household Income$93,700

North Las Vegas, NV — ZIP Code Boundary Map

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Frequently Asked Questions