Boulder City, NV Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Boulder City, NV Housing Market Trends

With 16,207 people, 6,615 houses or apartments, and a median cost of homes of $424,327, 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 62.10% of the city's housing units. Other types of housing that are prevalent in Boulder City include mobile homes or trailers ( 12.90%), large apartment complexes or high rise apartments ( 9.11%), and a few row houses and other attached homes ( 7.93%).

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 66.79% of Boulder City's homes, and 50.13% 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 ( 17.27%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.81%). There's also some housing in Boulder City built before 1939 ( 6.90%).

Vacant housing appears to be an issue in Boulder City. Fully 17.86% 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

In the last 10 years, Boulder City has experienced some of the highest home appreciation rates of any community in the nation. Boulder City real estate appreciated 91.98% over the last ten years, which is an average annual home appreciation rate of 6.74%, putting Boulder City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Boulder City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Boulder City's appreciation rate, at 8.50%, has been at or slightly above the national average. In the latest quarter, Boulder City's appreciation rate has been 3.50%, which annualizes to a rate of 14.76%.

Importantly, this makes Boulder City one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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:
$424,327

Boulder City, NV HOME PRICES

> $1,253,000
2.7%
2.7%
$940,001 - $1,253,000
3.4%
3.4%
$627,001 - $940,000
7.2%
7.2%
$501,001 - $627,000
9.6%
9.6%
$376,001 - $501,000
21.6%
21.6%
$251,001 - $376,000
28.1%
28.1%
$125,001 - $251,000
14.9%
14.9%
$63,001 - $125,000
3.2%
3.2%
$0 - $63,000
9.3%
9.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NV

Value Relative To Nation

Number Of Homes And Apartments:
6,615

Boulder City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
114.98% 3.62%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,601 / per month

Homeownership Rate

Owners
66.8%
66.8%
Renters
33.2%
33.2%
Vacant
17.9%
17.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.8%
9.8%
1970 - 1999
66.0%
66.0%
1940 - 1969
17.3%
17.3%
1939 or Older
6.9%
6.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.1%
62.1%
Townhomes
7.9%
7.9%
Small Apt. Buildings
6.6%
6.6%
Apt. Complexes
9.1%
9.1%
Mobile Homes
12.9%
12.9%
Other
1.4%
1.4%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
10.4%
10.4%
2 Bedrooms
34.8%
34.8%
3 Bedrooms
32.3%
32.3%
4 Bedrooms
17.8%
17.8%
5 or more bedrooms
2.7%
2.7%
0.0% 100.0%
% OF HOMES

Popular Communities Near Boulder City, NV

Zip Codes in Boulder City, NV