Providence, Las Vegas, NV89166

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$497,000
1.0% YoY Growth
Median Household Income
$106,000
17.8% 5-Year Growth
Days on Market
44
38.0% Longer than last year
Home Price Forecast
0.8%
Median Rent
$2,250
2.1% YoY Growth
1-Bed Rent
$1,250
0.8% YoY Growth
2-Bed Rent
$1,450
7.0% YoY Growth
3-Bed Rent
$2,200
1.8% YoY Growth

Property Listings — Providence, Las Vegas, NV

As of Oct '25, Realtor.com reports that the median days on market for a home in Providence, Las Vegas, NV is 44. This is a increase of 38.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$535,000-4.0%
Listing Count
26217.0%
Listings as % of Homes1.6%17.0%
Days on Market
4438.0%
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Demographics — Providence, Las Vegas, NV

As of the latest ACS Survey released in 2023, Providence, Las Vegas, NV has a population of 30,200, which has increased by 35.9% over the past 5 years. Providence, Las Vegas, NV is a popular place for families, as children make up 28.6% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
30,20035.9%
% Under 18
28.6%4.0%
% Seniors
8.5%60.4%
% WFH
13.0%170.8%
% w/ College Degree
41.5%37.4%
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As of the latest ACS Survey released in 2023, Providence, Las Vegas, NV is a predominantly white area, with 48.9% of the population identifying as white. The white population has shrunk by 10.9% in the last 5 years. The second most common race or ethnicity in Providence, Las Vegas, NV is hispanic, making up 20.8% of the population. Foreign-born residents account for 9.8% of the population in Providence, Las Vegas, NV, and this percentage has decreased by 8.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
48.9%-10.9%
% Black
11.2%-15.2%
% Hispanic
20.8%1.5%
% Asian
9.4%25.3%
% Foreign Born
9.8%-8.4%
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Mortgage and Risk — Providence, Las Vegas, NV

Providence, Las Vegas, NV lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Providence, Las Vegas, NV

As of 2024, the percent of homes in Providence, Las Vegas, NV under the Section 8 program is 1.2%. 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 Providence, 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
49
Total Units Section 8
49
% Rentals under Section 8
1.3%
% Occupied Section 8
98.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$580$1,250$1,830
2 Bedroom$720$1,450$2,170
3 Bedroom$840$2,200$3,040
4 Bedroom$1,070$2,450$3,520

Affordability — Providence, Las Vegas, NV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.6
Median Home Price$497,000
Median Household Income$106,000

Providence, Las Vegas, NV — ZIP Code Boundary Map

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Frequently Asked Questions