The story of this market
The typical home in ZIP 89147 sells for about $425,000, or $250 per square foot.
Prices are up +4% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $2,000 a month.
ZIP 89147 — Las Vegas
The 89147 housing market is currently balanced, with a median home price of $425,000 and a year-over-year increase of 4%. Inventory levels remain stable at 3-4 months of supply, and homes are selling within a reasonable timeframe of 30-44 days. Market conditions are driven by steady demand from local buyers and the area's continued appeal as a residential hub.
This ZIP is well-suited for families and commuters seeking a balance between suburban residential living and accessibility to the Las Vegas Strip and major employment hubs.
Median prices moved up 4.0% year over year.
Homes spend a median of 37 days on market with 3.5 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 11.1% — 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 6.3%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 89147, 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.
The area is served by the Clark County School District, which maintains a diverse range of public school ratings across the Spring Valley region.
The region faces standard desert climate risks, primarily extreme heat and occasional flash flooding, with property insurance premiums influenced by regional wildfire and wind exposure.
The area benefits from its proximity to the Las Vegas employment core and ongoing residential and commercial infill development in the Southwest Spring Valley corridor.
Property taxes are assessed by Clark County based on a formula involving the taxable value of land and improvements, subject to state-mandated caps on annual increases for primary residences.
Residents typically commute via the I-215 beltway and major arterials like Flamingo Road, with a mean travel time to work of approximately 21.8 minutes.
The ZIP features numerous local parks, proximity to the Red Rock Canyon National Conservation Area, and extensive shopping and dining options along the Flamingo and Rainbow corridors.
The rental market is characterized by steady demand and a median asking rent of $2,000, with a mix of single-family homes and multi-family complexes.
The economy is anchored by the tourism, hospitality, and gaming industries of the Las Vegas metro area, with growing sectors in logistics and healthcare.
The area is served by a network of major arterials and the I-215 beltway, providing connectivity to the broader Las Vegas valley.
Development is focused on infill projects and the expansion of commercial services along major transit corridors.
The Clark County Assessor manages property valuations, applying state-regulated assessment ratios and tax caps.
Parcels are subject to Clark County School District taxes and various municipal utility and flood control district assessments.
Property insurance costs are impacted by regional hazard profiles, including wildfire risk and severe weather events.
Data retrieved from Census Reporter and data.census.gov.
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.
- AREA154.45.5 mi
- Meow Wolf Las Vegas' Omega Mart4.45.5 mi
- Pinball Hall of Fame4.56.3 mi
- Discovery Children's Museum4.77.9 mi
- Speed Vegas4.813.5 mi
- Sphere4.56.5 mi
- Fremont Street Experience4.68.4 mi
- SAHARA Las Vegas4.17 mi
- Allegiant Stadium4.65.5 mi
- Westgate Las Vegas Resort & Casino47.2 mi
- Sphere4.56.5 mi
- Caesars Palace4.55.7 mi
- Fremont Street Experience4.68.4 mi
- Paris Las Vegas4.36 mi
- Flamingo Las Vegas46 mi
- AREA154.45.5 mi
- Arte Museum Las Vegas4.75.8 mi
- Gold & Silver Pawn Shop4.48.1 mi
- Meow Wolf Las Vegas' Omega Mart4.45.5 mi
- The Mob Museum4.78.6 mi
- Red Rock Canyon National Conservation Area4.810.5 mi
- Red Rock Canyon Visitor Center4.88.5 mi
- Bellagio Conservatory & Botanical Gardens4.85.7 mi
- Sunset Park4.69.9 mi
- Craig Ranch Regional Park4.611.4 mi
- The Village at Lake Las Vegas4.519.4 mi
- Topgolf Las Vegas4.56.3 mi
- Atomic Golf4.67.3 mi
- Angel Park Golf Club4.44 mi
- Las Vegas National Golf Course4.28.6 mi
- Rhodes Ranch Golf Club4.35 mi
- Fremont Street Experience4.68.4 mi
- Wynn Las Vegas4.76.5 mi
- Las Vegas North Premium Outlets4.47.5 mi
- Fashion Show Las Vegas4.56 mi
- Las Vegas South Premium Outlets4.47.4 mi
- Harry Reid International Airport4.27.6 mi
- North Las Vegas Airport4.57.9 mi
- The Club LAS Terminal 348.3 mi
- 5 Star Helicopter Tours4.66.5 mi
- Skyline Helicopter Tours4.67.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park with recreational facilities.
Major commercial artery with extensive retail and dining options.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).