Canyon Gate, Las Vegas, NV—89146
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Canyon Gate, Las Vegas, NV
As of Oct '25, the median home price in Canyon Gate, Las Vegas, NV is $403,000, with a year-over-year change of -0.7%. This indicates that home prices in Canyon Gate, Las Vegas, NV are flat. 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 | $403,000 | -0.7% |
| Single Family | $514,000 | -0.4% |
| Condos | $213,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $218,000 | -6.8% |
3 Bed | $411,000 | -1.4% |
4 Bed | $571,000 | 0.0% |
| 5 Bed | $745,000 | -0.5% |
% of Housing Stock
Rental Trends — Canyon Gate, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Canyon Gate, Las Vegas, NV is $1,820, with a year-over-year rent change of -21.2%. Per bedroom, the median rent as of July '25 in Canyon Gate, Las Vegas, NV is 1-bedrooms: $1,230, 2-bedrooms: $1,410, 3-bedrooms: $2,290, 4-bedrooms: $2,820. The most common rental property sizes in Canyon Gate, Las Vegas, NV are 2-bedroom and 1-bedroom, accounting for 55.8% and 20.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,470 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,230 |
| 2 Bed Rent | $1,400 | $1,410 |
| 3 Bed Rent | $2,100 | $2,290 |
| 4 Bed Rent | $2,400 | $2,820 |
% of Rental Stock
Property Listings — Canyon Gate, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Canyon Gate, Las Vegas, NV is 45. This is a increase of 14.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $570,000 | 16.0% |
Listing Count | 96 | 46.0% |
| Listings as % of Homes | 0.6% | 46.0% |
Days on Market | 45 | 14.0% |
Demographics — Canyon Gate, Las Vegas, NV
As of the latest ACS Survey released in 2023, Canyon Gate, Las Vegas, NV has a population of 20,700, which has increased by 9.5% over the past 5 years. Canyon Gate, Las Vegas, NV is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,700 | 9.5% |
% Under 18 | 19.3% | -2.5% |
% Seniors | 16.1% | 5.2% |
% WFH | 9.9% | 135.7% |
% w/ College Degree | 25.0% | 23.2% |
As of the latest ACS Survey released in 2023, Canyon Gate, Las Vegas, NV is a predominantly white area, with 38.4% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Canyon Gate, Las Vegas, NV is hispanic, making up 36.4% of the population. Foreign-born residents account for 25.9% of the population in Canyon Gate, Las Vegas, NV, and this percentage has decreased by 10.4% 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 | 38.4% | -5.7% |
% Black | 9.8% | 14.0% |
% Hispanic | 36.4% | 4.3% |
% Asian | 12.5% | -0.8% |
% Foreign Born | 25.9% | -10.4% |
Mortgage and Risk — Canyon Gate, Las Vegas, NV
According to HUD data as of 2023, there were 79 mortgage originations in Canyon Gate, Las Vegas, NV, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Canyon Gate, Las Vegas, NV. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Canyon Gate, Las Vegas, NV
As of 2024, the percent of homes in Canyon Gate, Las Vegas, NV under the Section 8 program is 4.4%. 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 Canyon Gate, 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 | 212 |
Total Units Section 8 | 188 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,300 | $1,410 |
| 2 Bedroom | $270 | $1,400 | $1,670 |
| 3 Bedroom | $240 | $2,100 | $2,340 |
| 4 Bedroom | $310 | $2,400 | $2,710 |
Affordability — Canyon Gate, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $403,000 |
| Median Household Income | $64,300 |