Zip 89131 (Las Vegas, NV) Housing

Housing in 89131 Las Vegas, NV is quite expensive compared to the United States House Median Value of $338,100. The Housing Median Value in 89131 Las Vegas, NV is $468,500 which is a 39% difference. Despite being more expensive than the US median home value, the appreciation rate in 89131 Las Vegas, NV is higher than the US with a 1 year appreciation rate of 10.62% compared to 8.27% for the whole United States. This indicates that housing in 89131 Las Vegas, NV is steadily increasing in value and can be a great long term investment for potential homeowners or real estate investors.

The median home cost in Las Vegas (zip 89131) is $468,500. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Las Vegas (zip 89131) is up 21.1%.

Average Age of Homes

- The median age of Las Vegas (zip 89131) real estate is 13 years old

The Rental Market in Las Vegas (zip 89131)

- Renters make up 20.7% of the Las Vegas (zip 89131) population
- 0.5% of houses and apartments in Las Vegas (zip 89131), 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
	17,791.0	139,647,020.0
	17	42
	$468,500	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$6.17	$10.98
	$2,444	$2,690
	72.4%	57.4%
	4.6%	11.2%
	23.0%	31.4%
Vacant Housing
	0.5%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	1.5%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	3.2%	13.0%
	20.2%	20.1%
	25.4%	13.6%
	19.8%	8.3%
	24.7%	9.7%
	3.4%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	62.9%	13.6%
	62.9%	13.6%
	20.5%	13.6%
	3.1%	13.2%
	1.2%	14.8%
	20.5%	13.6%
	0.3%	10.0%
	0.0%	4.7%
	0.3%	12.2%

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