Home Values

89135 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$347,000

  • 7.3% 1-year change
  • 3.8% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in 89135 is $347,000. 89135 home values have gone up 7.3% over the past year and Zillow predicts they will rise 3.8% within the next year. The median list price per square foot in 89135 is None. The median rent price in 89135 is $1,700, which is higher than the Las Vegas median of $1,195.

Foreclosures will be a factor impacting home values in the next several years. In 89135 3.0 homes are foreclosed (per 10,000). This is lower than the Las Vegas value of 7.5 and also lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 89135 homeowners underwater on their mortgage is 14.9%, which is lower than Las Vegas at 26.5%.

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Relative ZHVI
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89135 Market Overview

Data through Apr 30, 2015
  • $347,000 ZHVI
  • 3.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $313,085 Median sale price
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89135 Market Health

Data through Apr 30, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 14.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

3 homes 89135
7.5 homes Las Vegas
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
89138 $315,700
89134 $248,900
89144 $239,500
Name Median ZHVI
89117 $233,900
89178 $211,300
89148 $207,200
Name Median ZHVI
89113 $184,900
89147 $177,100
89145 $152,900

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $165 Median sale price / sq ft
  • No data Listings with price cut
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89135 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,687 89135
    $1,186 Las Vegas
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,700 Rent list price
  • $0.90 Rent list price / sq ft
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