The story of this market
The typical home in ZIP 89103 sells for about $295,000, or $245 per square foot.
Prices are down 13.9% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 89103 — Las Vegas
The 89103 housing market is currently experiencing a softening phase, with median prices declining 13.9% year-over-year. High inventory levels and longer days on market suggest a shift toward a buyer's market, driven by broader economic adjustments in the Las Vegas region. The base layer of researched properties confirms a median value of $468,122, which reflects a premium over the broader ZIP median list price of $295,000.
This ZIP is well-suited for commuters and service-industry workers who prioritize proximity to the Las Vegas Strip and central valley employment hubs over newer suburban developments.
Median prices moved down 13.9% year over year.
Homes spend a median of 42 days on market with 4.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 14.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 89103, Clark County NV
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 89103 area remain higher than the national average, consistent with urban density patterns in the Las Vegas valley.
Schools serving this ZIP are part of the Clark County School District, with performance ratings generally reflecting the district-wide average.
The area faces standard desert climate risks, including extreme heat and occasional flash flooding, with insurance premiums trending upward due to regional wildfire and climate-related risk adjustments.
Economic momentum is driven by proximity to the Las Vegas Strip and the Spring Valley commercial corridor, with ongoing redevelopment of older residential and retail stock.
Property taxes are assessed by Clark County based on taxable value; Nevada has no state income tax, and residential properties are subject to a 3% annual cap on tax increases for primary residences.
Residents benefit from central access to the Las Vegas Strip and major employment hubs via Flamingo Road and the I-15 corridor.
The area features proximity to local parks like Charlie Frias Park and is within a short drive of major shopping centers and the entertainment amenities of the Las Vegas Strip.
The rental market is highly active with a mix of older apartment complexes and single-family rentals, showing stable demand due to the area's central location.
The economy is heavily anchored by the hospitality, gaming, and tourism sectors of the Las Vegas Strip, supported by a robust service and retail industry.
The area is served by the RTC of Southern Nevada bus system, with major arterial roads providing direct access to the I-15 and US-95 freeways.
Development is focused on infill projects and the modernization of existing commercial centers rather than large-scale greenfield expansion.
The Clark County Assessor's office manages property valuations, utilizing a mass appraisal system that adheres to state-mandated assessment cycles.
Parcels are subject to Clark County School District taxes and various local improvement districts for infrastructure maintenance.
Property insurance premiums are rising across the region due to increased replacement costs and regional climate risk factors.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- AREA154.42 mi
- Meow Wolf Las Vegas' Omega Mart4.42.1 mi
- Pinball Hall of Fame4.52.7 mi
- Discovery Children's Museum4.75 mi
- Speed Vegas4.812.3 mi
- Sphere4.52.6 mi
- Fremont Street Experience4.65.4 mi
- SAHARA Las Vegas4.13.6 mi
- Allegiant Stadium4.61.9 mi
- Westgate Las Vegas Resort & Casino43.5 mi
- Sphere4.52.6 mi
- Caesars Palace4.51.8 mi
- Fremont Street Experience4.65.4 mi
- Paris Las Vegas4.32 mi
- Flamingo Las Vegas42.1 mi
- AREA154.42 mi
- Arte Museum Las Vegas4.71.8 mi
- Gold & Silver Pawn Shop4.44.9 mi
- Meow Wolf Las Vegas' Omega Mart4.42.1 mi
- The Mob Museum4.75.7 mi
- Bellagio Conservatory & Botanical Gardens4.81.7 mi
- Red Rock Canyon Visitor Center4.812.5 mi
- Sunset Park4.66.1 mi
- Craig Ranch Regional Park4.69.7 mi
- Springs Preserve4.74.2 mi
- The Village at Lake Las Vegas4.515.5 mi
- Topgolf Las Vegas4.52.4 mi
- Atomic Golf4.63.9 mi
- Angel Park Golf Club4.46.2 mi
- The Revere Golf Club4.412.2 mi
- Las Vegas National Golf Course4.24.7 mi
- Fremont Street Experience4.65.4 mi
- Wynn Las Vegas4.72.7 mi
- Las Vegas North Premium Outlets4.44.6 mi
- Fashion Show Las Vegas4.52.3 mi
- Las Vegas South Premium Outlets4.44.4 mi
- Harry Reid International Airport4.23.8 mi
- North Las Vegas Airport4.56.8 mi
- The Club LAS Terminal 344.4 mi
- 5 Star Helicopter Tours4.62.7 mi
- Skyline Helicopter Tours4.66.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large public park with walking paths and sports fields.
Extensive dining and retail options along the Flamingo Road corridor.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 37.0% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $295,000 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.