Boulder City, NV
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Boulder City Neighborhoods Since 2000




Boulder City, NV Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Boulder City Housing Market Information

With 15,551 people, 6,371 houses or apartments, and a median cost of homes of $334,645, Boulder City house prices are not only among the most expensive in Nevada, Boulder City real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Boulder City, accounting for 60.57% of the city's housing units. Other types of housing that are prevalent in Boulder City include mobile homes or trailers ( 17.53%), large apartment complexes or high rise apartments ( 8.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.09%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Boulder City. Owner-occupied housing accounts for 67.38% of Boulder City's homes, and 49.19% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Boulder City built from 1970 to 1999 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 Boulder City built between 1940-1969 ( 17.06%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.24%). There's also some housing in Boulder City built before 1939 ( 6.62%).

Vacant housing appears to be an issue in Boulder City. Fully 14.96% of the housing stock is classified as vacant. Left unchecked, vacant Boulder City homes and apartments can be a drag on the real estate market, holding Boulder City real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Boulder City Home Appreciation Rates

Homes have actually lost value in Boulder City over the last then years, as home values have seen a decline of 21.58% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Boulder City home appreciation rates at 1.54%, which equates to an annual appreciation rate of 6.29%.

Appreciation rates are so strong in Boulder City that despite a nationwide downturn in the housing market, Boulder City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Boulder City appreciation rates continue to be some of the highest in America, at 6.90%, which is higher than appreciation rates in 80.67% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Boulder City. Boulder City appreciation rates in the latest quarter were at 1.54%, which equates to an annual appreciation rate of 6.29%.

Relative to Nevada, our data show that Boulder City's latest annual appreciation rate is lower than 90% of the other cities and towns in Nevada.

Average Home Values

 

Median Home Value:
$334,645

Boulder City, NV HOME PRICES

Value Range
> $1,307,000 0.7
$980,001 - $1,307,000 0.7
$653,001 - $980,000 7.0
$522,001 - $653,000 4.6
$392,001 - $522,000 13.3
$262,001 - $392,000 26.3
$131,001 - $262,000 29.1
$65,001 - $131,000 7.9
$0 - $65,000 10.5

Very High for NV
Very High for Nation

Value Relative to Nation Value Relative to State
13.3540372670807 12.0

Number Of Homes And Apartments:
6,371

Boulder City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
61.32% 2.81% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,334 / per month

Homeownership Rate

Homeownership
Owners 67.38
Renters 32.62
Vacant 14.96

Housing Market Details

 

Age of Homes

AGE OF Boulder City HOMES
2000 or Newer 12.2
1970 - 1999 64.1
1940 - 1969 17.1
1939 or Older 6.6

Types of Homes

TYPE OF Boulder City HOMES
Single-Family 60.6
Townhomes 5.0
Small Apt. Buildings 7.1
Apt. Complexes 8.6
Mobile Homes 17.5
Other 1.2

Home Size

SIZE OF Boulder City HOMES
No Bedroom 2.48
1 Bedroom 10.06
2 Bedrooms 35.65
3 Bedrooms 33.20
4 Bedrooms 15.99
5 or more bedrooms 2.62

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Zip Codes in Boulder City, NV