North Las Vegas, NV 89084 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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North Las Vegas, NV—89084

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$450,000

2.3% YoY Growth

Household Income

$93,700

24.0% YoY Growth

Days on Market

41

23.0% Longer YoY

Home Price Forecast

-0.3%

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

89085 89032 89030 89031 89086 89081

Home Price Trends — North Las Vegas, NV

As of May '26, the median home price in North Las Vegas, NV is $450,000, with a year-over-year change of -2.3%. 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 Type	Median Home Value	YoY % Change
All Homes	$450,000	-2.3%
Single Family	$455,000	-2.6%
Condos	$288,000	-4.6%

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 $2,270, 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

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% of Rental Stock

Studio

0.4%

1 Bedroom

14.7%

2 Bedrooms

32.3%

3 Bedrooms

26.8%

4 Bedrooms

17.4%

5+ Bedrooms

8.5%

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 41. This is a increase of 23.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$479,000	2.0%
Listing Count	287	-4.0%
Listings as % of Homes	1.4%	-4.0%
Days on Market	41	23.0%

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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.

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%

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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

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%

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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

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%

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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 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