The housing market in 89031 North Las Vegas, NV is doing well. The median value of a house in this area is $368,200 which is above the US median value of $338,100. Additionally, it has been observed that there has been a 10.34% appreciation rate for houses in the area over the past year, which is higher than the US 1 year house appreciation of 8.27%. This suggests that housing values in this area are increasing at a faster rate than average and prospective homeowners can expect to benefit from rising home values in the future.
The median home cost in North Las Vegas (zip 89031) is $368,200. Home appreciation the last 10 years has been 229.8%. Home Appreciation in North Las Vegas (zip 89031) is up 19.2%.
Average Age of Homes
- The median age of North Las Vegas (zip 89031) real estate is 17 years old
The Rental Market in North Las Vegas (zip 89031)
- Renters make up 31.2% of the North Las Vegas (zip 89031) population
- 0.5% of houses and apartments in North Las Vegas (zip 89031), 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.