HENDERSON, Nevada Real Estate Market

Reading Time: 2 minutes Henderson is a city in Clark County, Nevada, United States, about 16 miles (26 km) southeast of Las Vegas. It is the second-largest city in Nevada, after Las Vegas, with an estimated population of 310,390 in 2018. The city is part of the Las Vegas metropolitan area, which spans the entire Las Vegas Valley. Henderson occupies the southeastern end of the valley, at an elevation of 1,864 feet (568 m). Henderson is known for its supply of magnesium during World War II. With the decline of magnesium production, the Nevada legislature approved a bill that gave Nevada’s Colorado River Commission the authority to purchase the industrial plants, and Henderson was incorporated in 1953. Henderson is the location of Lake Las Vegas, and was ranked No. 66 in “Best Places to Live” by CNN Money. It was also ranked second in Forbes’ list of “America’s Safest Cities” in 2011. (Wikipedia)

Henderson Real Estate Market Statistics

  • Metropolitan statistical area: Las Vegas-Henderson-Paradise, NV
  • Population:310,390 with 3.59% growth (World Population Review 2018)
  • 64áµ—Ê° largest U.S. city (Wikipedia – 2017 estimate)
  • Median age: 42.6 years old (City Data, 2016 – U.S. median is 38)
  • Median household income: $66,939 (US Census 2017 ACS 5-Year Survey (Table S1901) – U.S. median was $57,652)
  • Household Types: 62.5% Own, 37.5% Rent (US Census 2017 ACS 5-Year Survey (Table S1101))
  • Cost of living index: 97.3 (City Data, 2016 – U.S. average is 100)
  • Median 1-bedroom rent: $1080 (Rentonomics, 2018 – U.S. median is $743)
  • Year-over-year rent growth: 3.2% (Rentonomics, 2018 – U.S. average is 1.5%)
  • Median single-family home sale price: $294,600 (NAR, Q3 2018 – U.S. median is $266,900)
  • Year-over-year home sale price growth: 12.6% (NAR, Q3 2018 – U.S. median is 4.8%)

News on the Henderson Real Estate Market

For a list of properties or additional information, click the button to schedule an appointment or fill out the Buyer’s Form for a list of properties. CLICK TO SCHEDULE AN APPOINTMENT