Henderson, Nevada Housing Market Prices
Henderson Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 21% above the Nevada median$431,879
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Median rent 15% above the Nevada median$1,833
Housing Market Overview
| Metric | Henderson | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $431,879 | $357,758 | $248,835 |
| Price Trend (Annual %) | 8.8% | 9.4% | 7.5% |
| Median Gross Rent | $1,833 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Henderson is about 21% higher than in Nevada. Rent is about 15% higher than the Nevada average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Henderson, up about 8.8% and 6.0% a year respectively. Home prices are changing faster.
Median rent in Henderson rose about 60.3% between 2015 and 2024, from $1,143 to $1,833. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Henderson.
Buying the median-priced home in Henderson costs roughly 19.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Henderson. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Henderson | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $431,879 | $357,758 | $248,835 |
| Median Household Income | $90,659 | $78,637 | $80,455 |
| Price-to-Income Ratio | 4.8 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Henderson rose about 135.7%, while median household income rose about 30.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Henderson | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 54.4% | 58.5% |
| Rental Rate | 32.3% | 36.3% | 31.2% |
| Vacancy Rate | 6.4% | 9.3% | 10.2% |
| Median Tenure (years) | 11.0 | 12.0 | 15.0 |
| Median Year Moved In | 2015 | 2014 | 2011 |
Henderson has a homeownership rate of 61.3%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 6.4%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Henderson | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 2000 | 1993 | 1978 |
| Median Number of Rooms | 5.5 | 5.3 | 5.5 |
The typical housing unit in Henderson was built around 2000. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 11.0 years on average.
Henderson, NV Housing Compared With Nearby Cities
Henderson, NV is the largest of the 5 cities compared here, 326,176 residents against a local median of 112,509. The measure that sets Henderson, NV apart most is median home price: $431,879, 47% above the local median of $294,412.
Homeownership tells the same story from another angle: 65.5% against a local median of 46.0%, 42% above it. The one measure here that carries a verdict is homeownership, and at 42% above the local median it puts Henderson, NV at the better end of the local range. The cities themselves sit within $65,885 of each other on median home price, a tighter band than the gap between any of them and Henderson, NV, which makes it a genuine outlier here rather than one end of a wide local spread. Henderson, NV has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Henderson, NV | 326,176 | $431,879 #1/5 | $1,833 #1/5 | 65.5% #1/5 |
| Whitney, NV | 38,569 | $299,977 | $1,540 | 57.9% |
| Paradise, NV | 186,450 | $316,809 | $1,367 | 41.1% |
| Winchester, NV | 36,180 | $250,924 | $1,220 | 33.0% |
| Sunrise Manor, NV | 191,359 | $288,848 | $1,397 | 50.8% |
Frequently Asked Questions
Common questions about the housing market in Henderson, Nevada.
What is the median home price in Henderson, Nevada?
The median home price in Henderson, Nevada is $431,879, higher than the Nevada average of $357,758.
What is the average home price in Henderson, Nevada?
The typical home price in Henderson, Nevada, reported as the median sale price, is $431,879. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Henderson, Nevada?
The median gross rent in Henderson, Nevada is $1,833 per month, higher than the Nevada average of $1,597.
What was the median gross rent in Henderson in 2020?
In 2020, the median gross rent in Henderson, Nevada was $1,362 per month.
What is the price-to-rent ratio in Henderson, Nevada?
The price-to-rent ratio in Henderson, Nevada is about 19.6, meaning it would take roughly 19.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Henderson.
Are home prices or rent rising faster in Henderson, Nevada?
Both home prices and rent are rising in Henderson, up about 8.8% and 6.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Henderson, Nevada?
61.3% of households in Henderson, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in Henderson, Nevada?
The housing vacancy rate in Henderson, Nevada is 6.4%, lower than the Nevada average of 9.3%.
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