Henderson, NV
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Henderson Neighborhoods Since 2000




Henderson, 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 Q2 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

Henderson Housing Market Information

With a population of 285,667, 104,492 total housing units (homes and apartments), and a median house value of $317,453, 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 69.20% of the city's housing units. Other types of housing that are prevalent in Henderson include large apartment complexes or high rise apartments ( 18.51%), row houses and other attached homes ( 5.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.39%).

The most prevalent building size and type in Henderson are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.37% owning and 38.63% renting.

There is a lot of housing in Henderson 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 Henderson built between 2000 and later ( 39.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.42%).

Vacant housing appears to be an issue in Henderson. Fully 11.15% of the housing stock is classified as vacant. Left unchecked, vacant Henderson homes and apartments can be a drag on the real estate market, holding Henderson 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.

Henderson Home Appreciation Rates

Homes have actually lost value in Henderson over the last then years, as home values have seen a decline of 20.01% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Henderson home appreciation rates at 4.39%, which equates to an annual appreciation rate of 18.77%.

Appreciation rates are so strong in Henderson that despite a nationwide downturn in the housing market, Henderson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Henderson appreciation rates continue to be some of the highest in America, at 9.78%, which is higher than appreciation rates in 91.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Henderson. Henderson appreciation rates in the latest quarter were at 4.39%, which equates to an annual appreciation rate of 18.77%.

Importantly, this makes Henderson 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 Henderson's latest annual appreciation rate is higher than 50% 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 2000, to assist you in making the best Henderson real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$317,453

Henderson, NV HOME PRICES

Value Range
> $1,474,000 1.3
$1,106,001 - $1,474,000 1.4
$737,001 - $1,106,000 3.4
$590,001 - $737,000 5.9
$443,001 - $590,000 14.0
$295,001 - $443,000 26.1
$147,001 - $295,000 33.6
$74,001 - $147,000 10.2
$0 - $74,000 4.1

Very High for NV
Very High for Nation

Value Relative to Nation Value Relative to State
15.4634346273201 18.0

Number Of Homes And Apartments:
104,492

Henderson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
60.20% 2.73% 4 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,520 / per month

Homeownership Rate

Homeownership
Owners 61.37
Renters 38.63
Vacant 11.15

Housing Market Details

 

Age of Homes

AGE OF Henderson HOMES
2000 or Newer 39.3
1970 - 1999 57.2
1940 - 1969 3.4
1939 or Older 0.1

Types of Homes

TYPE OF Henderson HOMES
Single-Family 69.2
Townhomes 5.4
Small Apt. Buildings 5.4
Apt. Complexes 18.5
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Henderson HOMES
No Bedroom 0.75
1 Bedroom 7.65
2 Bedrooms 26.15
3 Bedrooms 38.80
4 Bedrooms 19.92
5 or more bedrooms 6.73