The housing median value in 89107 Las Vegas, NV is $309,600. This is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate for this area is actually higher than the US average. In the last year, houses in 89107 Las Vegas experienced a 10.62% increase in value, while the US overall saw an 8.27% increase. This indicates that 89107 Las Vegas may be a good real estate investment opportunity as it is growing faster than average and has a lower median price than other areas in the country.
The median home cost in Las Vegas (zip 89107) is $309,600. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Las Vegas (zip 89107) is up 21.1%.
Average Age of Homes
- The median age of Las Vegas (zip 89107) real estate is 46 years old
The Rental Market in Las Vegas (zip 89107)
- Renters make up 42.3% of the Las Vegas (zip 89107) population
- 1.3% of houses and apartments in Las Vegas (zip 89107), 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.