Silverado Ranch, Las Vegas, NV89123

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$444,000
0.6% YoY Growth
Median Household Income
$81,000
21.4% 5-Year Growth
Days on Market
66
27.0% Longer than last year
Home Price Forecast
0.2%
Median Rent
$2,000
2.3% YoY Growth
1-Bed Rent
$1,400
3.8% YoY Growth
2-Bed Rent
$1,700
1.1% YoY Growth
3-Bed Rent
$2,100
0.4% YoY Growth

Property Listings — Silverado Ranch, Las Vegas, NV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Silverado Ranch, Las Vegas, NV is 66. This is an increase of 27.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$465,000-1.0%
Listing Count
301N/A
Listings as % of Homes0.8%N/A
Days on Market
6627.0%
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Demographics — Silverado Ranch, Las Vegas, NV

MetricLatest CensusYoY % Change
Population
57,700-4.1%
% Under 18
16.6%-8.3%
% Under 5N/AN/A
% Seniors
17.8%23.6%
% WFH
13.6%288.6%
% w/ College Degree
31.8%14.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
43.8%-15.6%
% Black
7.1%-5.3%
% Hispanic
23.1%11.6%
% Asian
18.4%29.6%
% Foreign Born
20.8%5.1%
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Mortgage and Risk — Silverado Ranch, Las Vegas, NV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Silverado Ranch, Las Vegas, NV in that year was 163. 81.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 59.0%. Of those, 25.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Silverado Ranch, Las Vegas, NV. Investor activity in Silverado Ranch, Las Vegas, NV is low, as 3.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
163N/AN/A
% Conventional Loans
81.0%N/AN/A
% Government Loans
19.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
4.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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Rentals and Section 8 — Silverado Ranch, Las Vegas, NV

As of 2024, the percent of homes in Silverado Ranch, Las Vegas, NV under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
138
Total Units Section 8
115
% Rentals under Section 8
1.1%
% Occupied Section 8
98.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$240$1,400$1,640
2 Bedroom$250$1,700$1,950
3 Bedroom$630$2,100$2,730
4 Bedroom$570$2,600$3,170

Affordability — Silverado Ranch, Las Vegas, NV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio5.2N/AN/A
Median Home Price$444,000N/AN/A
Median Household Income$81,000N/AN/A

Silverado Ranch, Las Vegas, NV — ZIP Code Boundary Map

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