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Henderson real estate market overview
- Average Monthly Rent: $1,682
- Home Price/Value Percentage Change: -1.50%
- Median Home Value: $457,688
- Best Time To Sell a Home: May
- Affordability Index: Moderate
- Days To Sell a House: 71
- Job Market: Fair
- Public School Ranking: 39
Location and weather
Henderson is only 7 miles from Las Vegas, and lies at the southern rim of the Las Vegas Valley. It serves as a lakeside oasis with its many resorts, shops, and restaurants. It's 3,592-acre developed area surrounds a 320-acre artificial lake, known as Lake Las Vegas.
The summers are very hot, with the average high temperatures above 95 and lows in the low 80's. Its dry, desert heat comes with little humidity and the winters are mild, with highs in the upper 60's and lows in the mid 30's.
Population, job market and cost of living
Henderson's population right now is 335,574, with a growth rate of 1.82%.
For a couple of years in a row, Henderson has been named Nevada's fastest growing city. Contributing to that growth are the city's master-planned communities, which have attracted new residents that live close to business hubs, high-quality schools, and parks.
The job growth has decreased by -13.17% over last year and in ten years, is predicted to be 42.07%. The city is a manufacturing/producing center of metals and industrial chemicals, but its diversification includes a competitive marketplace for communications technology. The largest employers are MetricFox, Perry Johnson & Associates, USWeb, Limi USA and Green Valley Ranch Resort Spa & Casino.
The cost of living is moderate, due to the Henderson real estate market and availability of housing. Forbes, Bloomberg Business, and CNN Money have ranked Henderson as the second safest city in America, as well as one of the top 100 best cities to live and retire in. With its growing job market, beautiful lake location, recreational activities, and moderate cost of living, Henderson will continue to be one of Nevada's fastest growing cities.
Henderson real estate market details
- Mission Hills
- Green Valley North
- Green Valley South
- Anthem
The average monthly rent in Henderson is $1,682 for an average apartment size of 988 sq. feet.
There has been an -1.5% decrease in median home value over the last year. As of 2023, the median home value is $457,688.
On average, homes in Henderson sell after 71 days on the market.
The best time to sell a home for the highest valued sale is during May. For the quickest sale, homeowners should sell in June.
The affordability index in Henderson is 117. This number indicates moderate affordability in this city.
The top ranked public schools are College of So NV High School South, Pinecrest Academy of Nevada Inspirada, Vandenburg John Elementary School, Nevada State High School Downtown Henderson and Coral Academy Windmill. This information is based on data measuring academic performance and equity.