Clark County, Nevada Housing Market
In Clark County, Nevada, the median home value is $431,000, with a median monthly rent of $1,626. This places Clark County at #224 nationally out of 3134 counties by median home value, and #4 within Nevada.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,268
- Establishments: 70,832
- BLS QCEW, 2025
Housing Supply
- Single-family: 9,422
- Multi-family: 5,044
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 964,943 (avg $95,634)
- Outflow: 941,824 (avg $94,051)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Clark County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 89183 | 289.7 | -9.83% | 2025 |
| 2 | 89169 | 351.7 | +9.10% | 2025 |
| 3 | 89139 | 301.4 | +2.54% | 2025 |
| 4 | 89027 | 246.1 | -0.04% | 2025 |
| 5 | 89106 | 384.4 | +2.04% | 2025 |
| 6 | 89030 | 401.4 | +8.89% | 2025 |
| 7 | 89115 | 321.5 | -3.36% | 2025 |
| 8 | 89052 | 273.6 | -9.07% | 2025 |
| 9 | 89081 | 328.4 | +9.08% | 2025 |
| 10 | 89148 | 289.4 | +1.11% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Clark County Compares
| Metric | Clark County | Nevada Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $431,000 | $306,635 | $227,706 |
| Median Gross Rent | $1,626 | $1,169 | $968 |
| Owner Occupancy Rate | 57.8% | 73.0% | 73.3% |
| Price/Rent Ratio | 22.1 | 21.2 | 18.7 |
Market Analysis
The median home value in Clark County is 40.6% above the Nevada state average and 89.3% above the U.S. national average. The median rent of $1,626/month is 39.1% above the state average.
With a price-to-rent ratio of 22.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Clark County has an owner-occupancy rate of 57.8%, compared to 73.0% in Nevada and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lane County | Oregon | $430,600 | $1,355 |
| Mineral County | Colorado | $430,500 | $928 |
| Tooele County | Utah | $431,600 | $1,189 |
| Jackson County | Oregon | $430,200 | $1,358 |
| Tillamook County | Oregon | $430,200 | $1,246 |
Other Counties in Nevada
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Storey County | $426,400 | $1,153 | 96.1% |
| Carson City | $453,000 | $1,248 | 62.3% |
| Lyon County | $366,100 | $1,326 | 76.7% |
| Churchill County | $329,900 | $1,319 | 69.9% |
| Washoe County | $539,900 | $1,608 | 59.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).