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Las Vegas city, NV

ZIP 89131 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89131

Median Home Value
$498,600
Median Rent
$1,727
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,203/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89131 in Las Vegas city, NV, a household would need roughly $137,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,203. That is about 20% above the local median household income ($114,373), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
80.0%+22% vs US avg
x
Vacancy Rate
4.1%-61% vs US avg
x
Broadband Access
96.4%+11% vs US avg
x
4+ Bedrooms
12.5%-16% vs US avg
x
Built Pre-1939
0.1%-100% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
16.0%-68% vs US avg
x
Mortgage-Free
21.6%-43% vs US avg
x
$498,600
Home Value
$1,727
Rent
2004
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.9%
  • 1-unit attached1.9%
  • 2-9 units2.4%
  • 10+ units4.3%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$498,600
Median rent$1,727
Owner-occupied80.0%
Vacant4.1%
Price-to-income4.4x
Est. income to buy$137,000