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  5. /West Las Vegas, Las Vegas, NV - 89106

West Las Vegas, Las Vegas, NV—89106

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$340,000
3.6% YoY Growth
Household Income
$38,800
27.6% YoY Growth
Days on Market
78
4.0% Longer YoY
Home Price Forecast
-0.2%
Median Rent
$1,620
0.6% YoY Growth
1-Bed Rent
$1,050
17.6% YoY Growth
2-Bed Rent
$1,270
4.8% YoY Growth
3-Bed Rent
$1,800
0.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — West Las Vegas, Las Vegas, NV

As of May '26, the median home price in West Las Vegas, Las Vegas, NV is $340,000, with a year-over-year change of -3.6%. This indicates that home prices in West Las Vegas, Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$340,000-3.6%
Single Family $344,000-3.4%
Condos $221,000-6.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $284,000-4.1%
    3 Bed
    $332,000-4.0%
    4 Bed
    $384,000-2.5%
    5 Bed $564,926-1.6%
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    % of Housing Stock

    Studio
    11.1%
    1 Bedroom
    15.5%
    2 Bedrooms
    25.6%
    3 Bedrooms
    33.8%
    4 Bedrooms
    13.3%
    5+ Bedrooms
    0.7%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    13.0%
    1 Bedroom
    21.9%
    2 Bedrooms
    32.7%
    3 Bedrooms
    25.1%
    4 Bedrooms
    6.6%
    5+ Bedrooms
    0.7%

    Property Listings — West Las Vegas, Las Vegas, NV

    As of May '26, Realtor.com reports that the median days on market for a home in West Las Vegas, Las Vegas, NV is 78. This is a increase of 4.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $350,000-1.0%
    Listing Count
    9232.0%
    Listings as % of Homes0.5%32.0%
    Days on Market
    784.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    26,4001.6%
    % Under 18
    27.2%-7.2%
    % Seniors
    11.8%13.5%
    % WFH
    5.3%165.0%
    % w/ College Degree
    10.6%17.8%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio8.6
    Median Home Price$340,000
    Median Household Income$38,800

    West Las Vegas, Las Vegas, NV — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    89101

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    North Las Vegas, NV

    89030

    Frequently Asked Questions