Home Values

The Lakes 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

$250,400

  • 3.9% 1-year change
  • 4.0% 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 neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in The Lakes is $250,400. The Lakes home values have gone up 3.9% over the past year and Zillow predicts they will rise 4.0% within the next year. The median list price per square foot in The Lakes is None. The median rent price in The Lakes is $1,350, 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 The Lakes 5.2 homes are foreclosed (per 10,000). This is lower than the Las Vegas value of 6.0 and also greater than the national value of 3.5

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Relative ZHVI
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The Lakes Market Overview

Data through May 31, 2015
  • $250,400 ZHVI
  • 4.0% 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
    (May 31, 2016)
  • No data Median listing price
  • $264,351 Median sale price
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The Lakes Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

5.2 homes The Lakes
6 homes Las Vegas
3.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Summerlin North $259,800
Sun City Summerlin $232,500
Desert Shores $223,000
Name Median ZHVI
Buffalo $213,500
Lone Mountain $194,700
Spring Valley $172,100
Name Median ZHVI
Angel Park Lindell $139,800
Pioneer Park $127,900
Charleston Heights $121,200

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $137 Median sale price / sq ft
  • No data Listings with price cut
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The Lakes Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,368 The Lakes
    $1,190 Las Vegas
    $1,367 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)
  • $1,350 Rent list price
  • $0.87 Rent list price / sq ft
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