Housing market report · Nevada
Las Vegas, NV housing market report
Updated 2026-08-03
- Median home value
- $431,000 Census ACS
- Median household income
- $76,472 Census ACS
- Median gross rent
- $1,626/mo Census ACS
- Owner-occupied households
- 57.8% Census ACS
- Metro population
- 2,329,548 Census ACS
- 30-yr mortgage rate (national)
- 6.66% Freddie Mac / FRED
The metro's median home value is $431,000 against a median household income of $76,472 (Census ACS 2020-2024). 57.8% of households own their homes, and the median gross rent is $1,626 per month.
If you're buying in Las Vegas
- At the current national average 30-year rate of 6.66%, buying at the metro's median value ($431,000) with 20% down works out to roughly $2,216 per month in principal and interest, before taxes and insurance.
- The median home value here is about 5.6x the median household income.
If you're selling in Las Vegas
- The metro's median gross rent is $1,626 per month - one reference point if you are weighing a sale against renting the home out.
- 57.8% of households in the metro own their homes.
Own a home in Las Vegas?
See what these numbers mean for your address. A licensed agent pulls the specifics - no obligation.