Henderson, NV 89012 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market indicator is the median sold price of 568,000, which represents the most reliable signal of recent transaction value and suggests modest appreciation relative to asking expectations where the median listing price is 594,950; this sold-listing spread may indicate pricing friction between seller expectations and closed transactions.
2. Slower sales velocity is evident in the median days on market of 156, which may indicate extended marketing periods and gives buyers more room to negotiate while still reflecting completed transactions rather than list-time behavior.
3. Market balance is largely neutral with a price year-over-year trend that is up and a market temperature described as neutral, suggesting steady pricing pressure rather than a sharp seller or buyer market shift.
4. Financing and rental context are headwinds: current 30-year fixed mortgage rates are averaging 6.54% and interest rate pressure is elevated, while rent year-over-year trend is down and median market rent is 2,290; together these signals may constrain investor demand and increase buyer sensitivity to financing costs.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.