The housing market in 89423 Johnson Lane, NV is quite healthy. The median value for homes in this area is $643,600, which is almost twice that of the US median value of $338,100. While the US housing appreciation rate has been 8.27% in the past year, homes in 89423 Johnson Lane have seen a slightly lower appreciation rate of 4.72%. This indicates that prices are still rising steadily but more slowly than other areas of the country. Given the high median value and steady growth in prices, it is an ideal place to invest in real estate or purchase a home for yourself.
The median home cost in Johnson Lane (zip 89423) is $643,600. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Johnson Lane (zip 89423) is up 12.6%.
Average Age of Homes
- The median age of Johnson Lane (zip 89423) real estate is 21 years old
The Rental Market in Johnson Lane (zip 89423)
- Renters make up 18.6% of the Johnson Lane (zip 89423) population
- 0.6% of houses and apartments in Johnson Lane (zip 89423), 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.