Average and median are not the same.Also understand that there are likely a number of factors you should be considering.A large positive for LV is the fact that the population keeps growing.

At least long enough for them to grow used to the new name.John Corey

There is not much crime and apparently jobs are growing.

It is in a good area that is growing and I expect values to continue to rise.

I have the possibility to buy a 4 plex in another state that has good job growth, very low unemployment, no rent control, growing population , low crime rate.

If you wanted to landscape it, the property slopes so grass is not a good possibility regardless.The unfinished basement was used by the last renters to grow marijuana.

Whats up PJ,Nice to have you on board with the rest of us biggerpockets lovers (LOL), thats is a very big advantage growing up around the business!

In addition, it is the next town in line to grow from a bursting metropolitan area.

Anyhow I'm in no rush to buy these at the moment, however it seems the area is developed and still growing.

I want to grow my business and be the best agent I can be for my clients.