balanced market

Las Vegas-Henderson-North Las Vegas, NV market brief

This market needs tighter basis and assumption control before it earns deeper attention. In the latest Zillow Research data, home values have softened while rents have cooled.

Analyze a property in this marketRun market scanner

Snapshot metrics

  • Rating: 30/100 (estimated · 2026-02-28)
  • Home value: $427,633 (verified · 2026-02-28)
  • 1-year value: -2.4% (verified · 2026-02-28)
  • Average rent: $1,720 (verified · 2026-02-28)
  • 1-year rent: -0.1% (verified · 2026-02-28)
  • Rent-to-value: 4.83% (estimated · 2026-02-28)

What this means for underwriting

Las Vegas-Henderson-North Las Vegas, NV is a balanced screening market. The public data suggests where to investigate next, but it is still a market-level brief rather than a substitute for address-level underwriting.

  • Use the market score as a screening shortcut, not a final recommendation.
  • Let the county overlays narrow your search, then verify rents, taxes, and insurance at the address level.
  • Do not turn Zillow market averages into cap-rate claims without real expense assumptions.

Verify before you buy

Best for investors who want a middle ground between basis, rent support, and metro-level demand before narrowing to the right county.

  • Validate listing-level rent comps before trusting the market average.
  • Run financing and reserve assumptions with enough margin to survive a worse-than-average deal.
  • Check whether the chosen county is outperforming or lagging the broader market before you bid.

How this page is built

  • Numeric market metrics are pulled from Zillow Research metro files at build time, not copied by hand.
  • County overlays use Zillow Research county files plus Census TIGERweb county polygons so the highlighted areas map to real boundaries.
  • The overall market score is a transparent screening heuristic built from rent-to-value, 1-year rent trend, and price-vs-rent pressure.
  • Unsupported metrics such as days-to-pending are intentionally removed instead of scraped or inferred.