Las Vegas, NM Real Estate
According to census data in the year 2000 there were 6,377 housing units in Las Vegas.
This represents a 11.6% growth from 5,716 in 1990.
Of those housing units, 6,350 were located in either urbanized areas or urban clusters, and 27 were located in what is classified as a rural area.
Homeownership rate in Las Vegas is about 64.3%.
Las Vegas's vacancy rate, including seasonal lodging, is about 12.4%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Las Vegas were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.10% |
| One Bedroom | 16.90% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $87,100 |
| Median Price asked for vacant units | $93,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $357 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 49.60% |
| Debt Free | 43.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
