Housing

Housing Stock

Housing stock reflects the distribution of different housing types within a given area. A community’s housing stock composition can provide insight into underlying characteristics of a neighborhood’s housing market and can also help determine the strategies for stabilizing local housing markets.

Other* = Mobile homes; Boat, RV, van, etc.

Source: American Community Survey (ACS), Single-year estimates; Confidence level: 90 percent

Detached single-family homes remain dominant housing type in Southern Nevada

Efforts to diversify Southern Nevada's housing stock away from detached single-family homes have yet to yield appreciable results. Detached single-family homes – which generally limit density and are less affordable than other housing types – have remained the dominant housing type in the region, making up roughly 60 percent of the region's total housing stock over the course of the decade.

In total numbers, the region has added approximately 58,000 detached single-family homes from 2010 to 2019. Additionally, since 2010, the percentage of lower-density apartment complexes (with 5-19 units per structure) fell more than 17 percent. 

The makeup of Southern Nevada's housing stock is similar to many of its peer metropolitan regions in the western U.S., especially in terms of its proportion of detached single family homes (see chart at right).

Of the peer regions included in the chart, Los Angeles is the only metro area with a much more diverse housing stock composition. Less than half of L.A.'s stock is made up of detached single-family homes, while higher-density apartment complexes (with 20 or more units per structure) make up 18 percent of  L.A.'s housing stock.

Data for Los Angeles was unavailable for 2012.

Source: American Community Survey (ACS), Single-year estimates; Confidence level: 90 percent