Excellent Nevada Cities with Affordable Homes

One of the most important things people tend to consider when searching for a new home is the cost. Every state in the U.S. has relatively affordable areas and quite expensive areas, but generally, some states are more expensive than others. Nevada falls on the more expensive end of the spectrum. According to the World Population Review, Nevada ranks 11th among all U.S. states in terms of housing costs. The combination of the desirability of Nevada’s homes and a lack of supply makes houses quite pricey.

However, that doesn’t mean everywhere in Nevada exclusively has expensive listings. There are affordable options throughout Nevada that will make it appeal to buyers of all budgets. Let’s look at some of the state’s most affordable towns and cities.

Mesquite is a city situated north of Las Vegas that is famed for its beautiful natural surroundings. It has a relatively small population of around 20,000 but is an appealing destination for buyers seeking an affordable Nevada home. Homes in Mesquite can be found for a median listing price of $399,000, according to realtor.com. This makes it one of the more affordable markets still situated in a prime Nevada location.

Pahrump is a mid-sized city home to around 40,000 residents situated along California’s border. It is a desert community that presents an appealing option for buyers looking to keep their spending low. According to Redfin, the median cost of a home in Pahrump is around $380,000, which is below the national average. Many appealing homes in the city can be bought at a fair price.

Henderson is a suburb of Las Vegas, a busy city home to more than 300,000. Henderson has seen significant growth in the past several years, and housing prices have risen alongside its population. Even with that being the case, homes can be found in this busy city for a median of $480,000, according to Redfin. This may not be cheap, but with easy access to excellent jobs, it is a fair price for an excellent location.

Reno’s location near Lake Tahoe and several mountain ranges make it a beautiful destination that appeals to buyers. However, these features make real estate prices a little costlier here than in other areas of Nevada. According to Redfin, the median sales price of a home in Reno is roughly $510,000. While not cheap, there are affordable options within the city.

North Las Vegas is another busy suburb, home to a growing population of more than 250,000. It is a thriving city with beautiful natural settings. However, home prices here remain similar to the national average. According to Redfin, the median sale price of a home in North Las Vegas is around $420,000. This is a reasonable average price in a thriving area.

Sparks is a thriving city situated just east of Reno. Like Reno, Sparks is notable for its gorgeous natural setting near mountains and famous lakes. It has a thriving downtown area and a vibrant culture. Homes here are more affordable than in Reno. The median sales price of a house in Sparks is $475,000, according to Redfin. This is a rate buyers can find agreeable given the perks of living in the city.

Las Vegas’s affordability has declined over the past several years. Housing prices have surged here, making it less affordable than it has been. However, according to Norada, the median home price in Las Vegas was $450,000 in September. While not cheap, Las Vegas is a major city with a rapidly emerging economy. Naturally, it won’t be an overly affordable market. But $450,000 is not as steep a price as real estate in many other similarly-sized cities.