According to a recent Review Journal article, "for the third straight year in 2015, every ZIP code in the Las Vegas Valley posted home-price gains, according to new numbers from local analysis firm SalesTraq. While improvements vary from neighborhood to neighborhood, overall statistics reflect ongoing recovery from recession in one of the nation’s worst-hit housing markets."
Based on SalesTraq’s analysis of 44,027 resale closings in 2015, the valley-wide median price ended the year at $185,000, up from $168,800 in 2014. That’s a marketwide appreciation rate of 9.6 percent.
The below zip code map and top 10 chart show the median appreciation increase. There are several factors that go into the numbers, but overall the Vegas Valley is starting to see a more stable market and home prices are starting to rise. Not all areas saw the same appreciation increase, but most of them saw a 5-10% increase. Keep in mind this is only a median number and not all homes may have seen the same increase.