Henderson appreciation rates and housing market information

Henderson housing market information

With 176,048 people, 71,428 houses or apartments, and a median cost of homes of $247,676, Henderson real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Henderson, accounting for 66.26% of the city's housing units. Other types of housing that are prevalent in Henderson include large apartment complexes or high rise apartments (19.25%), row houses and other attached homes (5.98%), duplexes, homes converted to apartments, or other small apartment buildings (5.44%), and a few mobile homes or trailers (2.83%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Henderson. Owner-occupied housing accounts for 65.73% of Henderson's homes, and 56.87% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Henderson built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Henderson built from 1995 and later (44.24%). A lesser amount of the housing stock also hails from 1940-1969 (5.29%), and some were built from 1939 and earlier (5.29%).

Henderson home appreciation rates

Real estate appreciation rates in Henderson have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.51% during the period.

Over the last year, Henderson appreciation rates have trailed the rest of the nation. In the last twelve months, Henderson's appreciation rate has been -27.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Henderson were at -1.01%, which equates to an annual appreciation rate of -4.04%.

Notably, Henderson's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Nevada, our data show that Henderson's latest annual appreciation rate is higher than 12% of the other cities and towns in Nevada.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Henderson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Henderson - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Henderson real estate investment or home purchase decisions.