Welcome to our 89108 real estate data hub, tailored for investors in Las Vegas, NV. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 89108 in Las Vegas, NV. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CLARK COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Las Vegas, NV real estate investing. Uncover the wealth of information available, and position yourself for success in the Las Vegas property market.
-
Location Overview
- Zip Code: 89108
- City: Las Vegas
- State: NV
- Metro Area: Las Vegas-Henderson-Paradise, NV
- County Name: CLARK COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $327,303
- Average Home Price (Single Family Homes): $337,295
- Average Monthly Rental Price (All Types): $1,545
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: -0.6%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,420
- Average 3 Bedroom Section 8 Rental Rates: $2,020
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.21
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.5
- Number of Units Offered in Section 8 in the County: 4148
- Number of Occupied Units in Section 8 in the County: 4002
- Percentage of Section 8 Units Occupied in the County: 96.5%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 264.01
- Total % Appreciation since 2000 (Government Data): 184.65
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.89%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.48%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 29.62%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.78%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 228.23%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.01%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 116.25%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.85%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.17%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 40.23%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 50.43%