Series of monopoly style houses are lined up. All are white but one is blue and contains the Ballen Vegas logo. Banner reads Northwest Las Vegas Average home pricesThe Northwest part of the Las Vegas Valley makes up MLS area 401, 402, 403, 404, and 405. When buying a house in one of the Northwest Las Vegas zip codes, knowing the differences in these areas can help you make a decision on which area might be for you.

When selling a property, you’ll want to know how home values compare. It’s also a good idea to know how each zip code, the area of town, and MLS area compare to the rest of the greater Las Vegas Real Estate Market.

Over the past 5 years, the Northwest has grown year over year in average home prices for sold combined units including single family homes, condos, and townhouses.

Primary Year Sale Price, Average
2013 $201,927
2014 $215,054
2015 $226,424
2016 $234,632
2017 $263,277

Single Family Homes

Single Family homes in the Northwest ended 2017 at $309,341.

Primary Year Sale Price, Average
2013 $225,197
2014 $250,560
2015 $261,746
2016 $277,719
2017 $309,341

Condos

The Northwest Las Vegas Condo Market has been in flux, but 2017 finished off with a strong increase in average home price at $129,594. At the time of this report, there were 89 Condos in available status in the MLS ranging from prices $71,000 to $1,125,000 showing how our neighborhoods reflect vast price differences.

Primary Year Sale Price, Average
2013 $99,371
2014 $100,637
2015 $99,762
2016 $109,745
2017 $129,594

Townhouses

The biggest increase in the Northwest housing market has been in townhouse sales. Townhouses in Vegas are styled more like single family homes generally yet are attached. The average sales price for a townhouse in 2017 was $190,192.

Primary Year Sale Price, Average
2013 $128,348
2014 $146,064
2015 $150,889
2016 $162,672
2017 $190,192

High Rises

When you think of a Las Vegas High Rise, you might think of the Las Vegas Strip. Actually, high rises can be found all over the Greater Las Vegas area including the Northwest. This area features higher priced luxury style high rise condos. The average high rise in 2017, sold for $1,662, 357. This average was taken from 169 high rise units sold in the Northwest. These can be found in MLS area 404.

Primary Year Sale Price, Average
2013 $1,464,414
2014 $1,473,694
2015 $1,755,388
2016 $1,369,333
2017 $1,662,357

Summary
Article Name
Northwest Las Vegas Housing Market Report
Description
2017 was a good year for Northwest Las Vegas. Take a look at this report and see how single family homes, condos, townhouses and high rises stacked up year over year for the past 5 years including the end of 2017.
Author
Publisher Name
BallenVegas.com
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