Zip 89117 (Las Vegas, NV) Housing


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The housing market in 89117 Las Vegas, NV is performing better than the national average. The median value of a house in this zip code is $434,100, which is significantly higher than the US median value of $338,100. Furthermore, the one-year house appreciation rate in 89117 Las Vegas, NV is 10.62%, which is considerably higher than the national rate of 8.27%. This shows that the housing market in this area has been steadily increasing in value over time and that it has been outperforming other areas across the country. With its strong performance and stability, 89117 Las Vegas, NV is an attractive option for those looking to invest in real estate.

The median home cost in Las Vegas (zip 89117) is $434,100. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Las Vegas (zip 89117) is up 21.1%.

Average Age of Homes
- The median age of Las Vegas (zip 89117) real estate is 25 years old
The Rental Market in Las Vegas (zip 89117)
- Renters make up 44.9% of the Las Vegas (zip 89117) population
- 5.3% of houses and apartments in Las Vegas (zip 89117), 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

  HousingLas Vegas, NevadaUnited States
  25,281.0139,647,020.0
  2842
  $434,100$338,100
  21.1%16.6%
  84.4%57.0%
  244.5%101.1%
  $6.03$10.98
  $2,315$2,690
  42.5%57.4%
  9.7%11.2%
  47.8%31.4%
  Vacant Housing
  5.3%1.9%
  0.5%0.4%
  0.6%0.7%
  0.6%0.4%
  1.5%3.6%
  1.3%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  0.8%2.4%
  0.2%2.8%
  0.3%3.9%
  0.1%4.5%
  2.1%11.3%
  5.0%13.0%
  16.3%20.1%
  28.6%13.6%
  20.1%8.3%
  16.1%9.7%
  5.6%3.9%
  2.3%2.2%
  0.5%0.8%
  0.8%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  14.6%13.6%
  14.6%13.6%
  46.6%13.6%
  30.0%13.2%
  3.9%14.8%
  46.6%13.6%
  0.2%10.0%
  0.2%4.7%
  0.1%12.2%
Commute