Zip 89166 (Las Vegas, NV) Housing

The housing market in 89166 Las Vegas, NV is currently strong with the median value of homes being $461,500. This is significantly higher than the US median house value which sits at $338,100. In the last year alone, the appreciation rate for homes in this area has been 10.62%, which is higher than the national average of 8.27%. This suggests that Las Vegas has a competitive and desirable housing market.

The median home cost in Las Vegas (zip 89166) is $461,500. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Las Vegas (zip 89166) is up 21.1%.

Average Age of Homes

- The median age of Las Vegas (zip 89166) real estate is 10 years old

The Rental Market in Las Vegas (zip 89166)

- Renters make up 42.7% of the Las Vegas (zip 89166) population
- 1.7% of houses and apartments in Las Vegas (zip 89166), 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
	9,548.0	139,647,020.0
	9	42
	$461,500	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$5.67	$10.98
	$2,599	$2,690
	65.6%	57.4%
	4.9%	11.2%
	29.5%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.8%	0.4%
	1.8%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	1.1%	11.3%
	1.2%	13.0%
	23.9%	20.1%
	42.7%	13.6%
	14.7%	8.3%
	14.0%	9.7%
	0.3%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	2.0%	0.2%
	31.3%	13.6%
	31.3%	13.6%
	5.0%	13.6%
	0.6%	13.2%
	1.0%	14.8%
	5.0%	13.6%
	0.5%	10.0%
	0.1%	4.7%
	0.6%	12.2%

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