NEW
$455,000
HouseEst. $2,569/mo
3 Beds
3 Baths
1,898 Sq. Ft.0.14 Acres
Built in 1963
4654 Gabriel Drive
Las Vegas, NV, 89121
Desert Hills
Las Vegas Homes Under $500,000
Showing 5489 active listings · Inventory snapshot November 8, 2026
Browse Las Vegas Homes Under $500,000
Compare available homes below, or open the full search to set your price range, bedrooms and map area.
- View 4654 Gabriel Drive, Las Vegas, NV, 89121 — $455,000
NEWView 1609 Hills Of Red Drive, Unit 201, Las Vegas, NV, 89128 — $299,000$299,000CondoEst. $1,688/mo2 Beds2 Baths1,305 Sq. Ft.Built in 19961609 Hills Of Red Drive, Unit 201Las Vegas, NV, 89128Red Hills At The Pueblo
NEWView 2300 E Silverado Ranch Boulevard, Unit 2075, Las Vegas, NV, 89183 — $224,900$224,900CondoEst. $1,270/mo1 Bed1 Bath776 Sq. Ft.Built in 19972300 E Silverado Ranch Boulevard, Unit 2075Las Vegas, NV, 89183Latigo
NEWView 4060 Luzon Way, Unit 102, Las Vegas, NV, 89103 — $260,000$260,000CondoEst. $1,468/mo2 Beds2 Baths1,131 Sq. Ft.Built in 19894060 Luzon Way, Unit 102Las Vegas, NV, 89103Flamingo Heights Phase 20
NEWView 2749 Polar Court, Las Vegas, NV, 89121 — $419,900$419,900HouseEst. $2,371/mo3 Beds2 Baths1,672 Sq. Ft.0.16 AcresBuilt in 19722749 Polar CourtLas Vegas, NV, 89121Francisco Park #30
NEWView 4420 Sandy River Drive, Unit 39, Las Vegas, NV, 89103 — $185,000$185,000CondoEst. $1,045/mo2 Beds1 Bath816 Sq. Ft.Built in 19824420 Sandy River Drive, Unit 39Las Vegas, NV, 89103Westwood Point
Las Vegas currently has 5489 active homes under $500,000, with a median list price of $351,294 and an average of 30 days on market. Under $500,000 is the single largest and most-searched price band in Las Vegas — it straddles the record $490,000 single-family median (June 2026) and holds the valley's widest selection of single-family homes across North Las Vegas, the northwest, the southeast, and entry-level Henderson. With no state income tax and a roughly 0.5% effective property-tax rate, it is the sweet spot for move-up families and relocating buyers.
What Should Las Vegas Home Buyers Know First?
- This band straddles the Las Vegas single-family median (a record $490,000 as of June 2026) and has the deepest single-family inventory of any price tier.
- A 10% down payment is about $47,000–$50,000; roughly $125,000 household income qualifies comfortably at current rates.
- Strong value clusters in Centennial Hills, the southwest near Mountain's Edge, and North Las Vegas.
- Property taxes run about $2,500–$2,800 a year — far below the $5,000–$9,000 typical of coastal metros.
- Buyers needing newer construction or top Henderson schools often step up to the under-$750,000 tier.
5489Active Listings
$351,294Median List Price
30Closed median days on market (90 days)
What Do Las Vegas Neighborhood Stats Show?
- $71,304Median household incomeLiveBy / American Census Survey 2023
- 37.8Median ageLiveBy / American Census Survey 2023
- 2.7Avg household sizeLiveBy / American Census Survey 2023
- 55%Owner-occupiedLiveBy / American Census Survey 2023
- 24%College degree+LiveBy / American Census Survey 2023
- 30%Households with childrenLiveBy / American Census Survey 2023
- 2,033,500PopulationLiveBy / American Census Survey 2023
Why Buy Homes Under $500,000 in Las Vegas?
- The widest selection in the valley lives here — detached 3–4 bedroom homes across North Las Vegas, the northwest, Centennial Hills, the southwest, and entry Henderson all fall under $500,000.
- At roughly 2.6 months of supply and a 36-day median pace, buyers in this band can tour, inspect, and negotiate instead of waiving contingencies to win.
- It is the prime FHA-to-conventional crossover band, so financing options are broadest and builder rate buydowns on new construction are common.
- Homes near the metro median historically hold value well and appreciate steadily, protecting equity without the volatility of the entry or ultra-luxury tiers.
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Las Vegas FAQ — 6 Answers
What Do Las Vegas Buyers Most Frequently Ask?
Most AskedHow many Las Vegas homes under $500,000 are for sale right now?
Live inventory in this band is shown above, pulled directly from the GLVAR MLS feed. Under $500,000 is the deepest single-family segment in the valley, so selection is broadest here — though the best-priced listings still move quickly. Set a saved search and we will notify you when a home matching your beds, baths, and area hits the market.
What kind of home can you buy in Las Vegas for under $500,000?
Around the $490,000 single-family median (June 2026 record) and just under it you can buy a 3–4 bedroom single-family home, often 1,800–2,400 square feet, in North Las Vegas, the northwest, Centennial Hills, the southwest, or entry Henderson. Newer builds, larger condos, and townhomes in desirable areas also fall in this band. It is the most versatile price point in the market.
Which Las Vegas neighborhoods have the best homes under $500,000?
For single-family value, look to Centennial Hills and the northwest, North Las Vegas master plans like Aliante and Eldorado, the southwest near Mountain's Edge and Rhodes Ranch, and the established central valley. Entry Henderson neighborhoods occasionally dip under $500,000 too. Each balances commute, schools, and build year differently — we can shortlist by your priorities.
How much income do I need to buy a $500,000 home in Las Vegas?
As a rule of thumb, roughly $120,000–$135,000 in household income qualifies comfortably for a home near $500,000 at current rates with 10% down, depending on debts, rate, and HOA. A builder rate buydown or larger down payment lowers that threshold. We connect buyers with local lenders who run exact numbers at no cost before you tour.
Is under $500,000 a good price range to buy in Las Vegas?
For most buyers, yes — it is the market's sweet spot. You get genuine single-family inventory near the median, the broadest financing options, and homes that historically hold value well. Inventory near 2.6 months gives real negotiating room, and Nevada's tax structure keeps holding costs low. The main lever is the monthly payment at current rates, which concessions can soften.
Will my Las Vegas budget go further in the northwest or North Las Vegas?
Both stretch a sub-$500,000 budget well. North Las Vegas offers the lowest detached-home pricing and strongest builder incentives. The northwest and Centennial Hills cost slightly more but add top-rated schools (the Palo Verde and Sig Rogich cluster) and newer construction. The right pick depends on whether schools or absolute price matters most to you.
Updated November 8, 2026
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