89103, Las Vegas, NV

Las Vegas is a city that has seen a lot of change in the past few decades. The city has gone from being a small town to one of the most popular tourist destinations in the world. Along with this growth, Las Vegas has also seen an increase in home prices and home equity.

According to Zillow, the median home value in Las Vegas was $257,200 as of September 2017. This is an increase of over 20% from 2016 when the median home value was $223,900. Additionally, Zillow reports that the average home value in Las Vegas has increased by over 50% since 2007 when it was $158,700.

One reason for this rapid growth in home values is likely due to the influx of tourists and casino workers who are looking for affordable housing options close to all of the action. Additionally, many people who live in Las Vegas own their homes outright which gives them more stability and security than renters typically have.

Despite these high prices, there are still plenty of opportunities for people who want to buy or sell homes in Las Vegas. The city has a relatively low population density which means that there are plenty of homes available on each block. Additionally, many people who live in Las Vegas own multiple properties which gives them more flexibility when it comes time to sell or buy a new property.