West Las Vegas, Las Vegas, NV—89106
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Las Vegas, Las Vegas, NV
As of Oct '25, the median home price in West Las Vegas, Las Vegas, NV is $338,000, with a year-over-year change of -1.6%. This indicates that home prices in West Las Vegas, Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | -1.6% |
| Single Family | $342,000 | -2.3% |
| Condos | $227,000 | -4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $286,000 | -1.7% |
3 Bed | $333,000 | -2.1% |
4 Bed | $376,000 | -1.3% |
| 5 Bed | $560,000 | 0.2% |
% of Housing Stock
Rental Trends — West Las Vegas, Las Vegas, NV
As of July '25, Rentcast reports the average rent in West Las Vegas, Las Vegas, NV is $1,600, with a year-over-year rent change of 0.6%. Per bedroom, the median rent as of July '25 in West Las Vegas, Las Vegas, NV is studios: $1,120, 1-bedrooms: $1,200, 2-bedrooms: $1,320, 3-bedrooms: $1,810, 4-bedrooms: $2,160. The most common rental property sizes in West Las Vegas, Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 32.7% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,600 |
| Studio Rent | $935 | $1,120 |
| 1 Bed Rent | $1,050 | $1,200 |
| 2 Bed Rent | $1,270 | $1,320 |
| 3 Bed Rent | $1,800 | $1,810 |
| 4 Bed Rent | $2,000 | $2,160 |
% of Rental Stock
Property Listings — West Las Vegas, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in West Las Vegas, Las Vegas, NV is 53. 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | 1.0% |
Listing Count | 86 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 53 | 22.0% |
Demographics — West Las Vegas, Las Vegas, NV
As of the latest ACS Survey released in 2023, West Las Vegas, Las Vegas, NV has a population of 26,400, which has increased by 1.6% over the past 5 years. West Las Vegas, Las Vegas, NV is a popular place for families, as children make up 27.2% of the population. The area has a poorly educated workforce, with 10.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,400 | 1.6% |
% Under 18 | 27.2% | -7.2% |
% Seniors | 11.8% | 13.5% |
% WFH | 5.3% | 165.0% |
% w/ College Degree | 10.6% | 17.8% |
As of the latest ACS Survey released in 2023, West Las Vegas, Las Vegas, NV is a predominantly hispanic area, with 45.2% of the population identifying as hispanic. The hispanic population has grown by 15.0% in the last 5 years. The second most common race or ethnicity in West Las Vegas, Las Vegas, NV is black, making up 31.8% of the population. Foreign-born residents account for 22.6% of the population in West Las Vegas, Las Vegas, NV, and this percentage has increased by 1.8% 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 | 14.3% | 22.2% |
% Black | 31.8% | -20.1% |
% Hispanic | 45.2% | 15.0% |
% Asian | 3.4% | -27.7% |
% Foreign Born | 22.6% | 1.8% |
Mortgage and Risk — West Las Vegas, Las Vegas, NV
According to HUD data as of 2023, there were 158 mortgage originations in West Las Vegas, Las Vegas, NV, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in West Las Vegas, Las Vegas, NV. Investor activity is low, as 6.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 158 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — West Las Vegas, Las Vegas, NV
As of 2024, the percent of homes in West Las Vegas, Las Vegas, NV under the Section 8 program is 11.8%. 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 West Las Vegas, 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 | 1,483 |
Total Units Section 8 | 774 |
% Rentals under Section 8 | 11.8% |
% Occupied Section 8 | 96.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,050 | $1,240 |
| 2 Bedroom | $210 | $1,270 | $1,480 |
| 3 Bedroom | $290 | $1,800 | $2,090 |
| 4 Bedroom | $460 | $2,000 | $2,460 |
Affordability — West Las Vegas, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.4 |
| Median Home Price | $338,000 |
| Median Household Income | $38,800 |