Metro area index
Home appreciation in the Las Vegas-Henderson-North Las Vegas, NV metro area
FHFA HPI® data shows the Las Vegas-Henderson-North Las Vegas, NV metro area's all-transactions index changed +2.8% over the year to Q2 2026, versus +2.5% for Nevada and +3.0% for the U.S. That ranks 236th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +2.8%
- 5-year change
- +41.9%
- Since Q1 1995
- +285%
- Metro rank (1 year)
- 236th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Las Vegas-Henderson-North Las Vegas, NV vs Nevada and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Las Vegas-Henderson-North Las Vegas, NV: 384.8
- Nevada: 384.9
- United States: 391.6
Appreciation by time window
| Window | Metro | NV | U.S. | Gap vs NV | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.8% | +2.5% | +3.0% | +0.3 pts | −0.3 pts |
| 3 years | +14.1% | +12.3% | +12.9% | +1.8 pts | +1.2 pts |
| 5 years | +41.9% | +35.4% | +41.3% | +6.5 pts | +0.6 pts |
| 10 years | +126% | +114% | +93.3% | +12.2 pts | +32.6 pts |
| Since Q1 1995 | +285% | +285% | +292% | −0.1 pts | −6.7 pts |
3-digit ZIP regions in the Las Vegas-Henderson-North Las Vegas, NV area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 891 · Las Vegas, NV area | NV | +0.9% | +39.7% | +277% | 100% |
| 890 · Henderson, NV area | NV | -2.3% | +31.9% | +259% | 92% |
Boom, bust, and recovery in Las Vegas-Henderson-North Las Vegas, NV area
Las Vegas-Henderson-North Las Vegas, NV area's index peaked in Q4 2006, fell 61.0% to its low in Q1 2012, and regained its peak in Q2 2021, about 14.5 years after the top. Today it sits +49.5% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q1 2012 | -61.0% | Q2 2021 (14.5 yrs) | +49.5% |
| NV | Q3 2006 | Q2 2012 | -55.7% | Q2 2020 (13.8 yrs) | +55.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Las Vegas-Henderson-North Las Vegas, NV area's index has changed +73.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | NV after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.1% | -1.4% | -0.8% |
| 3 years | +9.8% | +3.9% | +2.3% | +2.8% |
| 5 years | +24.0% | +14.4% | +9.1% | +13.9% |
| 10 years | +39.1% | +62.5% | +53.7% | +39.0% |
| Since Q1 1995 | +121% | +73.8% | +73.8% | +76.8% |
If you bought in the Las Vegas-Henderson-North Las Vegas, NV area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +277% | $1,130,051 |
| Q2 2000 | +232% | $994,795 |
| Q2 2005 | +68.1% | $504,373 |
| Q2 2010 | +223% | $968,101 |
| Q2 2015 | +143% | $729,010 |
| Q2 2020 | +59.8% | $479,387 |
| Q2 2021 | +41.9% | $425,576 |
| Q2 2023 | +14.1% | $342,174 |
| Q2 2025 | +2.8% | $308,300 |
Frequently asked questions
- How much have home prices risen in the Las Vegas-Henderson-North Las Vegas, NV area?
- FHFA HPI® data for the Las Vegas-Henderson-North Las Vegas, NV metro area shows changes of +2.8% over one year, +41.9% over five years, and +126% over ten years to Q2 2026, and +285% since Q1 1995.
- Is the Las Vegas-Henderson-North Las Vegas, NV area beating the national average?
- Over the past year the metro's index moved −0.3 pts versus the U.S.; over five years the gap is +0.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.