North Las Vegas, Nevada Housing Market Prices
North Las Vegas 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.
-
Median home price 1% above the Nevada median$360,656
-
Median rent 7% above the Nevada median$1,702
Housing Market Overview
| Metric | North Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $360,656 | $357,758 | $248,835 |
| Price Trend (Annual %) | 12.6% | 9.4% | 7.5% |
| Median Gross Rent | $1,702 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in North Las Vegas is about 1% higher than in Nevada. Rent is about 7% 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 North Las Vegas, up about 12.6% and 5.5% a year respectively. Home prices are changing faster.
Median rent in North Las Vegas rose about 55.6% between 2015 and 2024, from $1,093 to $1,702. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in North Las Vegas.
Buying the median-priced home in North Las Vegas costs roughly 17.7 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 North Las Vegas. The price-to-rent ratio in Nevada is about 18.7.
| Metric | North Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $360,656 | $357,758 | $248,835 |
| Median Household Income | $80,287 | $78,637 | $80,455 |
| Price-to-Income Ratio | 4.5 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in North Las Vegas rose about 173.3%, while median household income rose about 29.4% 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 | North Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.5% | 54.4% | 58.5% |
| Rental Rate | 34.5% | 36.3% | 31.2% |
| Vacancy Rate | 6.0% | 9.3% | 10.2% |
| Median Tenure (years) | 11.0 | 12.0 | 15.0 |
| Median Year Moved In | 2015 | 2014 | 2011 |
North Las Vegas has a homeownership rate of 59.5%, higher than the Nevada average of 54.4%. Its housing vacancy rate is 6.0%, compared with 9.3% in Nevada.
Housing Stock
| Metric | North Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.12 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1999 | 1993 | 1978 |
| Median Number of Rooms | 5.7 | 5.3 | 5.5 |
The typical housing unit in North Las Vegas was built around 1999. On average, 3.1 people live in a home with about 5.7 rooms, staying for about 11.0 years on average.
North Las Vegas, NV Housing Compared With Nearby Cities
North Las Vegas, NV is the 2nd largest of the 5 cities compared here, 280,670 residents against a local median of 114,964. The measure that sets North Las Vegas, NV apart most is median home price: $360,656, 23% above the local median of $294,412.
Homeownership tells the same story from another angle: 63.3% against a local median of 53.5%, 18% above it. The one measure here that carries a verdict is homeownership, and at 18% above the local median it puts North Las Vegas, NV at the better end of the local range. The cities themselves spread $112,359 on median home price, so North Las Vegas, NV sits at one end of an already wide local range rather than apart from it. North Las Vegas, NV has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| North Las Vegas, NV | 280,670 | $360,656 #2/5 | $1,702 #1/5 | 63.3% #1/5 |
| Sunrise Manor, NV | 191,359 | $288,848 | $1,397 | 50.8% |
| Winchester, NV | 36,180 | $250,924 | $1,220 | 33.0% |
| Las Vegas, NV | 628,856 | $363,283 | $1,563 | 56.2% |
| Whitney, NV | 38,569 | $299,977 | $1,540 | 57.9% |
Frequently Asked Questions
Common questions about the housing market in North Las Vegas, Nevada.
What is the median home price in North Las Vegas, Nevada?
The median home price in North Las Vegas, Nevada is $360,656, higher than the Nevada average of $357,758.
What is the average home price in North Las Vegas, Nevada?
The typical home price in North Las Vegas, Nevada, reported as the median sale price, is $360,656. 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 North Las Vegas, Nevada?
The median gross rent in North Las Vegas, Nevada is $1,702 per month, higher than the Nevada average of $1,597.
What was the median gross rent in North Las Vegas in 2020?
In 2020, the median gross rent in North Las Vegas, Nevada was $1,252 per month.
What is the price-to-rent ratio in North Las Vegas, Nevada?
The price-to-rent ratio in North Las Vegas, Nevada is about 17.7, meaning it would take roughly 17.7 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 North Las Vegas.
Are home prices or rent rising faster in North Las Vegas, Nevada?
Both home prices and rent are rising in North Las Vegas, up about 12.6% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in North Las Vegas, Nevada?
59.5% of households in North Las Vegas, Nevada own their home, higher than the Nevada average of 54.4%.
What is the vacancy rate in North Las Vegas, Nevada?
The housing vacancy rate in North Las Vegas, Nevada is 6.0%, lower than the Nevada average of 9.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →