Welcome to our 89121 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 89121 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: 89121
- 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): $321,100
- Average Home Price (Single Family Homes): $330,778
- Average Monthly Rental Price (All Types): $1,504
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: -0.4%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,310
- Average 3 Bedroom Section 8 Rental Rates: $1,860
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.43
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.39
- 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): 239.56
- Total % Appreciation since 2000 (Government Data): 178.64
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.63%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.68%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.24%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.03%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 236%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.97%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 132.13%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.03%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.25%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 36.1%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 54.39%