Where Are The Cheap Homes?


Everyone knows the Las Vegas Real Estate market has had it’s ups and downs.  But if you are looking for that once-in-a-lifetime deal, where can you find it?

The statistics for September’s housing market are in.  Where are the cheap homes?  According to county records, the least expensive sale in September 2010 was $5,435 and was a single family residence in zip code 89128.  However, the lowest median price in all of Las Vegas for houses was in zip code 89101 which encapsulates the whole of downtown Las Vegas.  Maybe, to see the new revitalization of Las Vegas, prices needed to drop to a level where investors could actually make money investing in urban areas.  But, if you want the cheap houses, start looking there!