North Las Vegas, NV—89084
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 $450,000, with a year-over-year change of -0.5%. This indicates that home prices in North Las Vegas, NV are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $450,000 | -0.5% |
| Single Family | $455,000 | -1.1% |
| Condos | $292,000 | -1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $349,000 | -1.7% |
3 Bed | $412,000 | -1.2% |
4 Bed | $497,000 | -0.4% |
| 5 Bed | $609,000 | 1.2% |
% of Housing Stock
Rental Trends — North Las Vegas, NV
As of July '25, Rentcast reports the average rent in North Las Vegas, NV is $2,270, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in North Las Vegas, NV is 1-bedrooms: $1,380, 2-bedrooms: $1,780, 3-bedrooms: $2,100, 4-bedrooms: $2,470. The most common rental property sizes in North Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 32.3% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,170 | $2,270 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,370 | $1,380 |
| 2 Bed Rent | $1,750 | $1,780 |
| 3 Bed Rent | $2,050 | $2,100 |
| 4 Bed Rent | $2,460 | $2,470 |
% 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 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $485,000 | 5.0% |
Listing Count | 323 | 38.0% |
| Listings as % of Homes | 1.4% | 38.0% |
Days on Market | 48 | 20.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,100 | 36.3% |
% Under 18 | 26.5% | 1.9% |
% Seniors | 15.2% | -3.2% |
% WFH | 13.1% | 142.6% |
% w/ College Degree | 28.9% | -6.2% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $450,000 |
| Median Household Income | $93,700 |