Affordability evidence
Las Vegas, NV home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Las Vegas, NV.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
In Las Vegas, NV, the 2024 ACS reports a median owner-occupied home value of $427,900, median household income of $73,877, and median selected monthly owner costs of $1,933 for owners with a mortgage. For the decision at hand, together, those three reference points can nevertheless help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,933 measure combines recurring ownership expenses instead of real estate taxes alone. In practical terms, a useful affordability review starts with $427,900, $73,877, and $1,933, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Las Vegas, NV's $427,900 median home-value estimate is below the statewide $435,400 estimate, with a reported city-to-state gap of 1.7%. For the decision at hand, that 1.7% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Las Vegas, NV.