Real Estate Relocation Guide To Nevada

Relocating from Chicago to Nevada is a major move. You’re crossing state lines and heading 1,700 miles to find a new home in a different community. By familiarizing yourself with the local real estate market, whether your destination is Las Vegas or Spring Valley you can get a good idea of the Nevada landscape and locate the best area for you and your family.

We’ll start with the big picture… Nevada has an estimated population of 2.5 million* and around 109,800 square miles of land. The total number of housing units is 1,065,267, of which about 580,700 are owner-occupied and 356,000 are inhabited by renters. Roughly 128,400, or 12 percent, of the residences in the state are vacant. The median home value in Nevada is $315,200 and the median household income is $52,998. For an idea of how this sizes up with national averages – the median home value in the U.S. is $185,200 and the median household income is $48,451.

Statewide figures provide a good overview of Nevada, but when you’re planning to relocate to the region, knowing what types of housing are available is the most important thing. So here’s a breakdown of what Nevada real estate has to offer…

About 55,000 homes in Nevada are new construction, developed in 2005 or after (another 211,000 were put up between 2000 and 2004). Nevada has its share of vintage charm as well with 14,600 residences built prior to 1940. The total number of detached, single-family houses across the state is 624,000, and there’s also a good selection of multi-unit residences and condos. Most homes have 3 bedrooms, but size varies greatly depending on where you look. And, in case you’re wondering about how your budget will pan out in The Silver State, monthly mortgage costs in [Alabama] generally hover between $1,000 and 2,000+.

Relocation Resources

Find Real Estate in North Shore of Lake Tahoe - Century 21 Mountain Properties
Real Estate and homes in the North Shore of Lake Tahoe, Incline Village, Crystal Bay, and Washoe County. Search for your perfect agent on our agent roster or find your dream home.

Las Vegas Real Estate-Every New and Resale Home
Free Online MLS New and Resale Homes Searches - Every Company! Every Builder! Free Las Vegas Relocation Package. Free Buyer Representation. Great Las Vegas Valley Links! Sharon Durdell

Las Vegas Real Estate, Homes and Properties for Sale
Custom Realty & Marketing

Jacqulyn Richey Las Vegas Real Estate & Henderson Real Estate
High Rise condos and luxury homes in Las Vegas

Move To Las Vegas

Lake Tahoe real estate
real estate listings in Lake Tahoe provided by Tristan Roberts. Search the local MLS for homes, condos, and land in the greater Lake Tahoe area.

*All statistics are from the 2006 American Community Survey as shown on the U.S. Census Bureau website.
Sources: factfinder.census.gov and www.city-data.com