With a 150k income, you're right on target for purchasing a home in Nevada. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $450,000 and $600,000.

In Las Vegas, the median home price is approximately $450,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.

Additionally, other cities like Reno and Henderson offer appealing options at around $400,000. With a property tax rate of 0.7%—amounting to roughly $3,150 per year—and a cost of living near the national average, your income comfortably supports homeownership across the state.