The housing market in 89138 Las Vegas, NV is quite strong. According to the data provided, the median value of a house in this area is $663,300, which is much higher than the US median of $338,100. Furthermore, the one-year appreciation rate for housing in this area is 10.62%, much higher than the nationwide average of 8.27%. This indicates that houses in this area are highly sought after and have had an impressive increase in value over the last year. It appears that it would be a lucrative investment to purchase property in 89138 Las Vegas, NV.
The median home cost in Las Vegas (zip 89138) is $663,300. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Las Vegas (zip 89138) is up 21.1%.
Average Age of Homes
- The median age of Las Vegas (zip 89138) real estate is 12 years old
The Rental Market in Las Vegas (zip 89138)
- Renters make up 27.7% of the Las Vegas (zip 89138) population
- 0.4% of houses and apartments in Las Vegas (zip 89138), 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.