Las Vegas, NV 89128 - Real Estate Investment Insights & Performance Data

Welcome to our 89128 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 89128 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: 89128
  • 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): $364,513
  • Average Home Price (Single Family Homes): $412,686
  • Average Monthly Rental Price (All Types): $1,779
  • Price-to-Rent Ratio: 17
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.5%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,530
  • Average 3 Bedroom Section 8 Rental Rates: $2,170
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.85
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14
  • 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): 247.12
  • Total % Appreciation since 2000 (Government Data): 181.43
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -3.23%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.2%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.73%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.97%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 156.48%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.01%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 103.14%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.07%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.93%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 34.76%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 55.49%