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

Written by

Matt Abadi

Founder, DealIntel

Matt Abadi is the founder of DealIntel. He leads the development of the platform's six-strategy underwriting engine, 25-point Kill List, and Monte-Carlo financial model — the institutional analysis stack DealIntel applies to every fix and flip deal. DealIntel was founded in 2025 with the central thesis that knowing when not to invest is the most valuable number on the page.

Last reviewed: 2026-04