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Las Vegas, Nevada

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $76K, +4.3% YoY (ZIP); renters hold 45.9% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −3.8% YoY. inventory, +1.6% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $484,618 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

50 ZIPs in this city:89101 89102 89103 89104 89105 89106 89107 89108 89109 89110 89111 89112 89113 89114 89115 89116 89117 89118 89119 89120 89121 89122 89123 89124 89125 89126 89127 89128 89129 89130 89131 89132 89133 89134 89135 89136 89137 89138 89139 89140 89141 89142 89143 89144 89145 89146 89147 89148 89149 89150

Median Listing Price

$485K

Population

1,459,739

544,422

Median Days on Market

Active Listings

6,534

New Listings

1,888

Housing Market

The median listing price is down 3.8% YoY while the median home got down 0.6% bigger, so value per square foot is down 3.3%.

Pricing

Median Listing Price

$485K-3.8% YoY

Average Listing Price

$713K-3.1% YoY

Price per Sq Ft

$277.201-3.3% YoY

Median Sq Ft

1,776-0.6% YoY

Inventory

Active Listings

6,534+2.3% YoY

New Listings

1,888+5.9% YoY

Total Listings

7,956+1.6% YoY

Buyer Competition

Pending Listings

1,458-2.7% YoY

Pending Ratio

0.22-5.0% YoY

Median Days on Market

60+1.6% YoY

Price Reduced

24.5%+1.5% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 948,995

949Kunits

Occupied862,51890.9%

Vacant86,4779.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 862,518

863Koccupied

Owner498,38457.8%

Renter364,13442.2%

Renter Share

42.2%-1.7% YoY

Total Housing Units

948,995+1.4% YoY

FY2026 Fair Market Rent

CountyClark County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,333

/month

1 BR

$1,478

/month

2 BR

$1,735

/month

3 BR

$2,413

/month

4 BR

$2,764

/month

FMR trends · Clark County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 45.9% of this ZIP's 544,422 occupied households, on a median household income of $76K.

Population & Age

Total Population

1,459,739+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,459,739

1.5Mresidents

Under 18319,54721.9%

Adults 18–64913,71362.6%

65 & Over226,47915.5%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.61+0.6% YoY

Population Under 18

319,5470.0% YoY

Population 65 & Over

226,479+3.4% YoY

Households & Mobility

Total Households

544,422+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.66+0.1% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.5%

Moved (within US)13.7%

Other0.8%

Veterans

6.7%-5.3% YoY

Income & Poverty

Median Household Income

$76K+4.3% YoY

Per-Capita Income

$39K+3.6% YoY

Mean Household Income

$102K+3.9% YoY

Below Poverty Level

14.4%-2.1% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.0%

Public transit2.8%

Worked from home11.7%

Other15.5%

Worked From Home

11.7%+15.5% YoY

Mean Commute

24.750.0% YoY

Units & Tenure

Total Housing Units

603,171+0.7% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 603,171

603Kunits

Occupied544,42290.3%

Vacant58,7499.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 544,422

544Khouseholds

Owner294,45554.1%

Renter249,96745.9%

Avg Household Size — Owner

2.740.0% YoY

Avg Household Size — Renter

2.570.0% YoY

County Demographics

County population is up 1.6% to 2,329,548: residents under 18 are up 0.1% and those 65 and over are up 3.7%.

Median Age

38.52024

Population

Clark County Population

2,398,871+1.9% YoY

Households

Total Households

862,518+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.680.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,329,548

2.3Mresidents

Under 18517,22122.2%

Adults 18–641,441,90861.9%

65 & Over370,41915.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

517,221+0.1% YoY

Population 65 & Over

370,419+3.7% YoY

Median Age

38.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.6%

Moved (within US)13.7%

Other0.7%

Veterans

7.5%-5.1% YoY

County Economy

County median household income is $76K, 13.0% of residents are below the poverty level, 12.2% work from home.

Income

Median Household Income

$76K+3.6% YoY

Per-Capita Income

$40K+3.2% YoY

Mean Household Income

$104K+3.2% YoY

Poverty

Below Poverty Level

13.0%-1.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.8%

Public transit2.2%

Worked from home12.2%

Other14.8%

Worked From Home

12.2%+14.0% YoY

Mean Commute

25.10-0.4% YoY

Done with Las Vegas? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Las Vegas, Nevada

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $76K, +4.3% YoY (ZIP); renters hold 45.9% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −3.8% YoY. inventory, +1.6% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

$485K

Population

1,459,739

544,422

Median Days on Market

Active Listings

6,534

New Listings

1,888

Housing Market

The median listing price is down 3.8% YoY while the median home got down 0.6% bigger, so value per square foot is down 3.3%.

Pricing

Median Listing Price

$485K-3.8% YoY

Average Listing Price

$713K-3.1% YoY

Price per Sq Ft

$277.201-3.3% YoY

Median Sq Ft

1,776-0.6% YoY

Inventory

Active Listings

6,534+2.3% YoY

New Listings

1,888+5.9% YoY

Total Listings

7,956+1.6% YoY

Buyer Competition

Pending Listings

1,458-2.7% YoY

Pending Ratio

0.22-5.0% YoY

Median Days on Market

60+1.6% YoY

Price Reduced

24.5%+1.5% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 948,995

949Kunits

Occupied862,51890.9%

Vacant86,4779.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 862,518

863Koccupied

Owner498,38457.8%

Renter364,13442.2%

Renter Share

42.2%-1.7% YoY

Total Housing Units

948,995+1.4% YoY

FY2026 Fair Market Rent

CountyClark County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,333

/month

1 BR

$1,478

/month

2 BR

$1,735

/month

3 BR

$2,413

/month

4 BR

$2,764

/month

FMR trends · Clark County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 45.9% of this ZIP's 544,422 occupied households, on a median household income of $76K.

Population & Age

Total Population

1,459,739+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,459,739

1.5Mresidents

Under 18319,54721.9%

Adults 18–64913,71362.6%

65 & Over226,47915.5%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.61+0.6% YoY

Population Under 18

319,5470.0% YoY

Population 65 & Over

226,479+3.4% YoY

Households & Mobility

Total Households

544,422+1.0% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.66+0.1% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.5%

Moved (within US)13.7%

Other0.8%

Veterans

6.7%-5.3% YoY

Income & Poverty

Median Household Income

$76K+4.3% YoY

Per-Capita Income

$39K+3.6% YoY

Mean Household Income

$102K+3.9% YoY

Below Poverty Level

14.4%-2.1% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.0%

Public transit2.8%

Worked from home11.7%

Other15.5%

Worked From Home

11.7%+15.5% YoY

Mean Commute

24.750.0% YoY

Units & Tenure

Total Housing Units

603,171+0.7% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 603,171

603Kunits

Occupied544,42290.3%

Vacant58,7499.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 544,422

544Khouseholds

Owner294,45554.1%

Renter249,96745.9%

Avg Household Size — Owner

2.740.0% YoY

Avg Household Size — Renter

2.570.0% YoY

County Demographics

County population is up 1.6% to 2,329,548: residents under 18 are up 0.1% and those 65 and over are up 3.7%.

Median Age

38.52024

Population

Clark County Population

2,398,871+1.9% YoY

Households

Total Households

862,518+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.680.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,329,548

2.3Mresidents

Under 18517,22122.2%

Adults 18–641,441,90861.9%

65 & Over370,41915.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

517,221+0.1% YoY

Population 65 & Over

370,419+3.7% YoY

Median Age

38.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.6%

Moved (within US)13.7%

Other0.7%

Veterans

7.5%-5.1% YoY

County Economy

County median household income is $76K, 13.0% of residents are below the poverty level, 12.2% work from home.

Income

Median Household Income

$76K+3.6% YoY

Per-Capita Income

$40K+3.2% YoY

Mean Household Income

$104K+3.2% YoY

Poverty

Below Poverty Level

13.0%-1.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.8%

Public transit2.2%

Worked from home12.2%

Other14.8%

Worked From Home

12.2%+14.0% YoY

Mean Commute

25.10-0.4% YoY

Done with Las Vegas? Put it next to another market.