Nellis AFB Real Estate

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Nellis AFB Real Estate & Homes for Sale in Nevada

Situated in the northeast corner of the Las Vegas Valley is the Nellis Air Force Base. Opened in 1941, Nellis is called the “Home of the Fighter Pilot,” serving as home for the U.S Air Force Warfare Center and nearly 9,000 residents. With five wings and more than 150 aircraft, Nellis is responsible for advanced training, tactics development and combat operations. As one of the largest employers in the Valley, Nellis AFB offers a strong economy to its residents. Nearby Las Vegas has been the fastest growing metro area in the nation, boasting low unemployment rates, an expanding skilled labor force and an exceptional tax structure. With a strong economy, Las Vegas maintains one of the country’s highest employment growth rates in the country. The main base in Nellis is made up of three sections of 11,300 acres. Additionally, there are nearly 5,000 square miles of restricted ranges while also serving as home to the famous Thunderbirds, the USAF Air Demonstration Squadron. The annual Nellis Air Force Base - Las Vegas Air Show at the base in November is a family favorite, while there are multitudes of nearby recreational opportunities for outdoor enthusiasts, including Red Rock Canyon, the Colorado River, Mt. Charleston and the stunning Grand Canyon. Nellis AFB provides the opportunity to enjoy the amenities of the Las Vegas strip, including world-renowned entertainment, a bevy of fine dining and exclusive shopping opportunities, while experiencing the stability and quality of a small-town community.

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Price Range of Nellis AFB Houses

A combination of contemporary, subdivision, base and suburban properties are available to residents in Nellis and the surrounding areas. From simple desert living to golf course palatial homes, the area offers diverse housing options for every income level. Town homes and condominiums start from below $100,000, up to $1 million or more. Land property ranges from $170,000 to $5 million depending on acreage, topography and utilities present. Single-family homes start in the mid-$100,000s and can go up to $400,000 in neighboring communities for views, recent developments and sprawling estates.

Nellis AFB  For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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