Investor-grade market analytics for Las Vegas-Henderson-Paradise, Nevada. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$425,615
-2.3% year-over-year
4.8%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Las Vegas-Henderson-Paradise, NV is experiencing a correction with -2.3% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.76x, above the national average of 4.8x. Strong net positive migration (+10,132 returns/year) reflects sustained population inflows driving housing demand. Climate risk is elevated (90/100), which may impact insurance costs and long-term property values. Rental yield of 4.84% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Las Vegas-Henderson-Paradise, NV's primary climate exposure is flooding (90/100). The composite climate risk score of 90/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.