Henderson

NVLas Vegas-Henderson-Paradise MSA

Real Estate Market Analysis

Q3 2025 Report
$493,898 (June 2025)
Median Home Price
~332,000 (2024 est.)
Population
$82,000 (2024 est.)
Median Income
Clark County School District: B- (Niche 2024)
School District Rating

Market Overview

Property Values

$493,898 (June 2025)
Median Home Price
$272 (June 2025)
Price per Sq Ft
+4.6% (June 2025 vs. June 2024)
YoY Change

Market Performance

Days on Market35 days to pending (Feb 2025); 57 days median (Jan 2025)
Market TypeSeller's market, but inventory is rising
Months of Supply3.6 months (January 2025)

Sales Activity

Sales Volume396 homes sold (Jan 2025); 2,716 homes for sale (June 2025)
Metro AreaLas Vegas-Henderson-Paradise MSA
Population~332,000 (2024 est.)

Economic Indicators

Employment & Growth

Unemployment Rate~5.2% (Las Vegas MSA, May 2025 est.)
Job Growth Rate~2.1% (2024-2025 est.)
Median Household Income$82,000 (2024 est.)

Major Employers

  • City of Henderson
  • St. Rose Dominican Hospitals
  • Green Valley Ranch Resort
  • Amazon
  • Clark County School District

Demographics

~332,000 (2024 est.)
Population
42.3 years (2024 est.)
Median Age
+1.5% year-over-year (2024-2025)
Population Growth
36% bachelor's degree or higher (2024 est.)
Education Level

Family Composition

Predominantly families and retirees; 27% under 18, 19% over 65

Key Industries

Tourism & HospitalityHealthcareLogistics & DistributionTechnologyRetail

Education

School District

Clark County School District: B- (Niche 2024)
District Rating

Top Schools

  • Coronado High School
  • Pinecrest Academy
  • Bob Miller Middle School

Higher Education

  • Nevada State University
  • College of Southern Nevada (Henderson campus)

Infrastructure & Development

Major Projects

  • Cadence master-planned community expansion
  • Union Village Health Complex growth
  • Water Street District revitalization

Transportation

  • Boulder Highway Complete Streets Project
  • I-11 corridor enhancements

Planned Developments

  • New mixed-use retail/residential in Inspirada
  • Additional parks and recreation facilities

Lifestyle & Amenities

Recreation

  • Lake Las Vegas
  • Henderson Multigenerational Center
  • Numerous golf courses

Dining & Entertainment

  • The District at Green Valley Ranch
  • Water Street District restaurants
  • M Resort Spa Casino

Cultural Attractions

  • Henderson Pavilion
  • Clark County Museum
  • Annual Art Festival

Investment Analysis

Investment Opportunities

  • Rising rental demand due to population growth
  • Strong appreciation in master-planned communities
  • Short-term rental potential near Lake Las Vegas

Growth Outlook

Moderate price appreciation expected through 2025; rental market remains strong

Market Risks

  • Rising mortgage rates (6.5% as of Jan 2025)
  • Increasing inventory may soften price growth
  • Potential for overbuilding in some submarkets

Rental Market

High demand, especially for single-family homes; average rent up 4% year-over-year

Marketing Intelligence

Target Demographics

  • Move-up buyers from Las Vegas
  • California relocators
  • Retirees seeking low-tax states
  • Young families

Marketing Channels

  • Zillow, Realtor.com, Redfin
  • Social media (Facebook, Instagram)
  • Local relocation networks

Pricing Strategies

List slightly below recent comps to drive multiple offers; adjust quickly if no activity in 2 weeks

Common Objections & Response Strategies

Objection: High mortgage rates make monthly payments unaffordable

Response Strategy:

Show historical rate context and highlight potential for refinancing when rates drop

Objection: Rising inventory could mean prices will fall

Response Strategy:

Emphasize Henderson's long-term growth, strong demand, and stability compared to volatile markets

Objection: Competition from new construction

Response Strategy:

Highlight established neighborhoods' mature landscaping, location, and lower HOA fees

Professional Recommendations

1

Educate buyers on rate buydown and refinance options

2

Leverage digital marketing targeting out-of-state buyers

3

Advise sellers to price aggressively and stage homes for maximum appeal

4

Monitor inventory trends weekly and adjust strategies accordingly

5

Highlight Henderson's stability and amenities in all marketing materials

Competitive Analysis

Comparable Markets

  • Summerlin (Las Vegas)
  • North Las Vegas
  • Gilbert, AZ

Market Positioning

Premium suburban market with strong amenities and lifestyle appeal

Competitive Advantages

  • Lower property taxes than California
  • Proximity to Las Vegas Strip and airport
  • Diverse master-planned communities

Price Comparison

Slightly higher median prices than North Las Vegas, lower than Summerlin

Investment Metrics

4.8% - 5.5% (single-family rentals, 2025 est.)
Cap Rates
~5.2% gross yield (2025)
Rental Yields
~18.5 (2025)
Price-to-Rent
Positive cash flow possible with 25%+ down payment; best in 3-4 bedroom homes
Cash Flow
3-5% annual appreciation projected through 2026
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenged by affordability; seek down payment assistance and FHA/VA options

Move-Up Buyers

Looking for larger homes, pools, and proximity to top schools; often sell existing Henderson/Las Vegas property

Downsizers

Prefer single-story, low-maintenance homes in gated or 55+ communities

Investors

Focus on rental yield and appreciation in master-planned areas; short-term rental potential near Lake Las Vegas

Relocators

Attracted by lower taxes, cost of living, and lifestyle amenities; often from California or Pacific Northwest

This city analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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