Zip 89124 (Las Vegas, NV) Housing

The housing market in 89124 Las Vegas, NV is thriving with a median value of $546,000. This is over 60% higher than the US median house value of $338,100 in 2020. The US 1 year house appreciation rate was 8.27%, however in 89124 Las Vegas, NV it was 10.62%. This higher appreciation rate reflects the strong demand for housing in this area and indicates that purchasing a home here as an investment could be highly lucrative.

The median home cost in Las Vegas (zip 89124) is $546,000. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Las Vegas (zip 89124) is up 21.1%.

Average Age of Homes

- The median age of Las Vegas (zip 89124) real estate is 30 years old

The Rental Market in Las Vegas (zip 89124)

- Renters make up 12.6% of the Las Vegas (zip 89124) population
- 0.0% of houses and apartments in Las Vegas (zip 89124), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Las Vegas, Nevada	United States
	637.0	139,647,020.0
	35	42
	$546,000	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$7.01	$10.98
	$2,739	$2,690
	40.2%	57.4%
	55.7%	11.2%
	4.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	50.2%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	8.6%	2.4%
	1.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	4.7%	11.3%
	3.5%	13.0%
	12.5%	20.1%
	21.1%	13.6%
	14.8%	8.3%
	16.4%	9.7%
	9.0%	3.9%
	5.9%	2.2%
	2.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.8%	0.2%
	18.8%	13.6%
	18.8%	13.6%
	12.2%	13.6%
	21.7%	13.2%
	13.7%	14.8%
	12.2%	13.6%
	2.7%	10.0%
	2.4%	4.7%
	0.0%	12.2%

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