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Las Vegas, NV Housing

 
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As of 2010-2014, median price of a house in Las Vegas is $161,600, which is about the same as the state average of $167,100 and is lower than the national average of $175,700. The Las Vegas median house value has grown by 17.70% since 2000. The growth rate for the price of a house in Las Vegas is about the same as the state average rate of 17.68% and is lower than the national average rate of 46.91%. The median year that a house in Las Vegas was built is 1992, which is about the same as the median year for a house built in the state which is 1993 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 111,920 Owner Occupied Houses in Las Vegas, NV, #47
Las Vegas, NV
161,600 USD
Nevada
167,100 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #30
Las Vegas, NV
17.70%
Nevada
17.68%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Las Vegas, NVNevadaU.S.
Total Housing Units248,663, see rank, 100%1,185,232132,741,033
Occupied Housing Units213,037, 85.67%, see rank84.87%87.55%
Owner Occupied111,920, 45.01%, see rank47.24%56.34%
Renter Occupied101,117, 40.66%, see rank37.63%31.21%
Vacant Housing Units35,626, 14.33%, see rank15.13%12.45%
For Rent11,087, 4.46%, see rank4.31%2.34%
For Sale Only3,122, 1.26%, see rank1.41%1.20%
Rented or Sold, Not Occupied2,539, 1.02%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use6,938, 2.79%, see rank4.18%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant11,940, 4.80%, see rank4.25%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #25
Las Vegas, NVNevadaU.S.
199219931976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Las Vegas, NV%NevadaU.S.
Owner-Occupied Units111,920100%559,91174,787,460
With a Mortgage83,44974.56%, see rank72.00%65.58%
Without a Mortgage28,47125.44%, see rank28.00%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Las Vegas, NV
1,515 USD
Nevada
1,514 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLas Vegas, NV%NevadaU.S.
$299 or Less1770.21%, see rank0.30%0.20%
$300 to $4997760.93%, see rank1.07%1.59%
$500 to $6993,0353.64%, see rank3.57%5.01%
$700 to $99910,73312.86%, see rank12.88%14.32%
$1,000 to $1,49926,30531.52%, see rank31.43%27.90%
$1,500 to $1,99919,79723.72%, see rank23.53%20.35%
$2,000 to $2,99916,78120.11%, see rank19.72%19.52%
$3,000 or More5,8457.00%, see rank7.51%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Las Vegas, NV
25.80% of the Total Income
Nevada
25.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Las Vegas, NV%NevadaU.S.
10% or Less3,9564.74%, see rank5.22%5.86%
10% to 20%22,89927.44%, see rank27.95%31.95%
20% to 30%22,91627.46%, see rank27.20%27.64%
30% to 40%12,57015.06%, see rank15.34%13.74%
40% or More20,54024.61%, see rank23.60%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Las Vegas, NV
421 USD
Nevada
420 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLas Vegas, NV%NevadaU.S.
$199 or Less1,3364.69%, see rank7.85%7.76%
$200 to $2994,55015.98%, see rank16.16%14.70%
$300 to $49912,76844.85%, see rank40.76%34.63%
$500 to $6995,62019.74%, see rank20.46%21.16%
$700 or More4,19714.74%, see rank14.77%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Las Vegas, NV
10.90% of the Total Income
Nevada
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Las Vegas, NV%NevadaU.S.
10% or Less13,02945.76%, see rank46.31%40.19%
10% to 20%8,17928.73%, see rank28.15%31.47%
20% to 30%3,18811.20%, see rank10.98%12.24%
30% to 40%1,1904.18%, see rank4.70%5.64%
40% or More2,4068.45%, see rank8.28%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Las Vegas, NVNevadaU.S.
Total Housing Units248,663, 100%1,185,232132,741,033
1-unit, Detached149,060, 59.94%, see rank59.21%61.65%
1-unit, Attached11,193, 4.50%, see rank4.57%5.82%
2 Units3,077, 1.24%, see rank1.33%3.75%
3 or 4 Units19,442, 7.82%, see rank6.17%4.43%
5 to 9 Units24,337, 9.79%, see rank8.70%4.78%
10 or More Units38,112, 15.33%, see rank14.12%13.08%
Mobile Home, Boat, RV, Van, etc.3,442, 1.38%, see rank5.90%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Las Vegas, NVNevadaU.S.
Total Housing Units248,663, 100%1,185,232132,741,033
1 Room6,943, 2.79%, see rank2.64%1.95%
2 Rooms6,723, 2.70%, see rank3.06%2.48%
3 Rooms27,810, 11.18%, see rank10.74%9.13%
4 Rooms46,698, 18.78%, see rank18.52%16.60%
5 Rooms52,998, 21.31%, see rank21.90%20.41%
6 Rooms46,540, 18.72%, see rank18.45%18.06%
7 Rooms27,517, 11.07%, see rank11.28%12.27%
8 Rooms17,499, 7.04%, see rank6.80%8.48%
9 Rooms or More15,935, 6.41%, see rank6.61%10.60%
Median Rooms5.20, see rank5.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Las Vegas, NVNevadaU.S.
Total Housing Units248,663, 100%1,185,232132,741,033
No Bedroom7,409, 2.98%, see rank2.84%2.17%
1 Bedroom27,159, 10.92%, see rank10.82%11.16%
2 Bedrooms68,494, 27.54%, see rank26.53%26.69%
3 Bedrooms90,802, 36.52%, see rank38.31%39.70%
4 Bedrooms43,575, 17.52%, see rank17.06%16.05%
5 or More Bedrooms11,224, 4.51%, see rank4.44%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Las Vegas, NVNevadaU.S.
Total Housing Units213,037, 100%1,005,958116,211,092
Utility Gas130,939, 61.46%, see rank62.12%48.85%
Bottled, Tank, or LP Gas1,244, 0.58%, see rank2.84%4.86%
Electricity79,452, 37.29%, see rank32.00%36.68%
Fuel Oil, Kerosene, etc.198, 0.09%, see rank0.70%5.86%
Coal or Coke11, 0.01%, see rank0.01%0.12%
Wood275, 0.13%, see rank1.52%2.12%
Solar Energy43, 0.02%, see rank0.05%0.05%
Other Fuel161, 0.08%, see rank0.42%0.47%
No Fuel Used714, 0.34%, see rank0.32%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLas Vegas, NVNevadaU.S.
Occupied Units Paying Rent98,423, 100%431,59539,201,928
$199 or Less787, 0.80%, see rank0.60%1.50%
$200 to $2991,203, 1.22%, see rank0.99%3.18%
$300 to $4993,524, 3.58%, see rank3.52%7.37%
$500 to $69914,034, 14.26%, see rank13.81%16.01%
$700 to $99931,529, 32.03%, see rank33.24%29.17%
$1,000 to $1,49935,103, 35.67%, see rank33.72%26.88%
$1,500 to $1,9999,081, 9.23%, see rank10.48%9.79%
$2,000 or More3,162, 3.21%, see rank3.64%6.10%
Median$983, see rank$980$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Las Vegas, NVNevadaU.S.
Occupied Housing Units213,037, 100%1,005,958116,211,092
No Vehicles Available21,349, 10.02%, see rank7.91%9.12%
1 Vehicles Available83,326, 39.11%, see rank36.95%33.80%
2 Vehicles Available77,522, 36.39%, see rank37.42%37.48%
3 or More Vehicles Available30,840, 14.48%, see rank17.72%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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