What is the median home price in Las Vegas?

The median home price in Las Vegas, NV is currently in the $425k – $475k range (data as of 2026-04). For fix-and-flip investors, distressed acquisition typically runs 65–80% of median, depending on submarket and condition.

What is a good cap rate in Las Vegas?

Stabilized rental cap rates in Las Vegas, NV typically fall in the 5.0% – 6.5% range as of 2026-04. Higher cap rates are common in older / B-tier submarkets, lower in A-tier neighborhoods with strong appreciation.

What is the average days on market in Las Vegas?

Days on market in Las Vegas, NV currently runs 30 – 42 days (data as of 2026-04). Faster DOM favors Fix & Flip exits; slower DOM (60+ days) usually pushes operators toward BRRRR or rental hold.

What is the average rent in Las Vegas?

Median rent in Las Vegas, NV is $1,850 – $2,200 / mo as of 2026-04. The most relevant rental benchmark for BRRRR is the 1% rule (monthly rent ≥ 1% of all-in cost) — verify against submarket-specific rent comps before underwriting.

Market · NV · 2026 data

Fix and Flip in Las Vegas, NV

Hot retail flip market; rapid DOM; new-construction-adjacent comps.

Las Vegas market thesis

Las Vegas runs one of the fastest retail flip markets in the West — days-on-market under 40, strong out-of-state buyer demand from California. The risk is comp set quality: a thin comp set in a master-planned community can mislead the ARV by 5-8%, and a 5% ARV miss erases most of the margin.

Key metrics

$425k – $475k

Median home price

DealIntel · 2026-04

$1,850 – $2,200 / mo

Median rent

DealIntel · 2026-04

30 – 42 days

Days on market (median)

DealIntel · 2026-04

5.0% – 6.5%

Stabilized cap rate range

DealIntel · 2026-04

$48 – $85

Typical rehab cost / sqft

DealIntel · 2026-04

+38% to +48%

5-year appreciation

DealIntel · 2026-04

+1.5% / yr

Population growth (annual)

BLS · 2026-04

Top investor neighborhoods in Las Vegas

Summerlin (East)Premium suburban flip
HendersonFamily-buyer flip, school district
Spring ValleyMid-tier flip, retail-buyer pull
North Las VegasSub-$350k BRRRR entry
Centennial HillsSuburban flip

Best strategies for Las Vegas

Of DealIntel's six underwritten strategies, the following rank best-fit-first for Las Vegas, NV. Every property in the platform is scored against all six paths in parallel; these are the ones that consistently produce the highest risk-adjusted return in this market.

Tailwinds — what's working in Las Vegas

Tourism + convention employment recovered
California in-migration sustained
No state income tax

Kill flags — common ways Las Vegas deals fail

Pool-required comps in 100°+ summer markets
Master-planned community HOA rental caps
Tight comp set on cookie-cutter inventory inflates ARV risk

DealIntel's 25-point kill list catches these and 20+ others on every property — see the platform overview for how the kill list runs before strategy evaluation begins.

ADU and multi-unit regulation in Las Vegas

Clark County permits ADUs in most R-1 zones up to 1,200 sqft. Henderson and North Las Vegas have similar permissive ADU regimes. STR regulation is the binding constraint — verify county/city STR licensing before underwriting an STR exit.

For state-by-state ADU and middle-housing regulatory background, see the ADU strategy guide and the multi-unit conversion guide.

Underwrite a deal in this market

Run a free ARV, MAO, or BRRRR calculation on a Las Vegas property using the calculators below. For full kill-list + six-strategy evaluation + Investment Memorandum PDF, see pricing — pay-per-deal from $149.

ARV calculatorConfidence-weighted comp method MAO (70% rule) calculatorMaximum allowable offer math BRRRR calculatorFull Buy-Rehab-Rent-Refi-Repeat model Cap rate calculatorNOI / value with asset-class ranges

Nearby markets and related guides

Reviewed by

DealIntel Research

Underwriting and Real Estate Research Team

DealIntel's underwriting team builds and maintains the platform's six-strategy engine, 25-point kill list, and Monte-Carlo financial model. Every piece of long-form content on dealintel.io is reviewed by an underwriter with direct experience scoring residential investment deals.

Last reviewed: 2026-04