Find your dream property in this sought-after area and experience the epitome of Summerlin South, Nevada luxury living.
Looking for your dream home in the vibrant city of Las Vegas?
The 89135 zip code homes has it all.
With a competitive housing market, an average of 1 offer per home, and a quick selling time, you’ll find your perfect place in no time.
Last month, the median sale price increased by 6.4%, with listings ranging from $674,433 to $827,499.
The 89135 zip code homes to great schools, making it ideal for families.
Take control and explore the possibilities today.
- Key Takeaways
- 89135 Zip Code Homes Market Overview
- Median Sale Prices
- Number of Homes for Sale
- Fluctuations in Home Prices
- Schools and Demographics
- Frequently Asked Questions
- What Are the Current Interest Rates for Home Loans in the 89135 Zip Code Homes?
- Are There Any New Housing Developments Planned or Under Construction in the 89135 Zip Code?
- What Are the Average Property Taxes for Homes in the 89135 Zip Code?
- How Does the Average Home Price in the 89135 Zip Code Homes Compare to Neighboring Zip Codes?
- What Are the Crime Rates Like in the 89135 Zip Code Compared to the Rest of Las Vegas?
- 89135 Zip Code Homes
- The median sale price of homes in the 89135 zip code homes of Las Vegas, Nevada, was $665K last month, showing a 6.4% increase compared to the previous year.
- The housing market in 89135 is somewhat competitive, with homes receiving an average of 1 offer and selling in around 48 days.
- The area is primarily populated by white residents and is home to several schools, including Judy & John L Goolsby Elementary School, Linda Rankin Givens Elementary School, and d’Vorre & Hall Ober Elementary School.
- The median listing home price in 89135 zip code homes is reported to be $827,499, although other sources report a median price of $674,433 and $727K.
89135 Zip Code Homes Market Overview
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If you’re looking for a housing market overview in the 89135 zip code homes, there are several key factors to consider.
The 89135 housing market in Las Vegas, Nevada is somewhat competitive, with homes receiving an average of 1 offer and selling in around 48 days.
The median sale price of a 89135 zip code homes was $665K last month, up 6.4% since last year.
The median sale price per square foot is $322, down 4.5% from last year.
It’s important to note that these figures represent averages and medians, which can be influenced by factors such as the size, condition, and location of the homes.
Median Sale Prices
According to Realtor.com, the median sale price of a home in 89135 is $630K as of September 2023.
This marks a significant increase from last year’s median sale price of $560K.
Despite the rise in prices, the 89135 zip code homes remains relatively affordable compared to the Las Vegas metro area median sale price of $410K.
If you’re looking to buy a home in this area, it’s crucial to act swiftly due to the fast-paced housing market in Las Vegas.
Homes often sell within days of being listed, so it’s advisable to get pre-approved for a mortgage beforehand to determine your budget.
Number of Homes for Sale
As of November 10, 2023, there are 208 homes available for purchase in this area.
This number has increased slightly from last month, when there were 198 homes for sale.
While it’s still below the peak of 225 homes in March 2023, the increase in available homes is a positive sign for buyers.
It provides more options and potentially more room for negotiation on price.
If you’re considering buying a 89135 zip code homes homese, it’s important to do your research and work with a qualified real estate agent who can help you navigate the market and find the right home for your needs and budget.
Fluctuations in Home Prices
Over the past few months, home prices in the 89135 zip code homes have experienced fluctuations.
Here are some key points to consider regarding these fluctuations:
- In September 2023, the median sale price of a 89135 zip code homes was $665K, showing a 6.4% increase from the previous year.
- However, in October 2023, the median sale price dropped to $632K, indicating a 5.9% decrease from September.
- Rising interest rates have made borrowing money for home purchases more expensive, leading to reduced demand and lower home prices.
- Inflation has also contributed to higher housing costs, with increased prices for building materials and labor, resulting in decreased home prices due to a limited supply of new homes.
- Limited supply of homes for sale in this desirable area has also affected home prices, with fluctuations driven by the balance between buyers and sellers.
It is crucial to stay informed about these factors to make informed decisions in the 89135 housing market.
Schools and Demographics
In terms of education, the 89135 zip code homes is served by the Clark County School District and offers a variety of highly-rated public and private schools.
Some of the public schools include Advanced Technologies Academy, College of Southern Nevada High School – South, West Career & Technical Academy, Northwest Career & Technical Academy High School, and College of Southern Nevada High School – West.
Private schools in the area include Bishop Gorman High School, Faith Lutheran High School, The Meadows School, Pinewood Preparatory School, and Silver Ridge School.
In terms of demographics, the 89135 zip code homes has a primarily white population, with a median household income of $110,000.
The majority of adults have at least a high school diploma, and 35% have a Bachelor’s degree or higher.
Frequently Asked Questions
What Are the Current Interest Rates for Home Loans in the 89135 Zip Code Homes?
The current interest rates for home loans in the 89135 zip code in Las Vegas, Nevada are as follows:
- 30-year fixed: 7.596%
- 15-year fixed: 6.745%
- 5-year adjustable-rate mortgage (ARM): 8.137%
These rates are based on data from NerdWallet as of November 10, 2023.
It is important to note that interest rates can fluctuate daily, so it is always best to shop around and compare rates from multiple lenders before you choose a mortgage.
Here are some tips for getting the best possible interest rate on your home loan:
- Get pre-approved for a mortgage. This will show lenders that you are a serious buyer and that you have already been approved for a certain amount of money. This can give you an advantage in negotiating a lower interest rate.
- Shop around and compare rates from multiple lenders. Don’t just go with the first lender you talk to. Take the time to compare rates from multiple lenders to make sure you are getting the best possible deal.
- Consider a shorter loan term. Shorter loan terms typically have lower interest rates than longer loan terms. However, it is important to make sure that you can afford the monthly payments on a shorter loan term.
- Make a larger down payment. The larger your down payment, the lower your loan amount will be and the lower your interest rate will be.
Are There Any New Housing Developments Planned or Under Construction in the 89135 Zip Code?
Yes, there are a few new housing developments planned or under construction in the 89135 zip code homes in Las Vegas, Nevada.
Here are a few examples:
- Trilogy in Summerlin: This development is targeted towards 55+ adults and offers a variety of amenities, including a clubhouse, fitness center, and walking trails.
- Caprock at Ascension: This development offers a variety of single-family homes and townhomes in a variety of price ranges.
- Incline at Ascension: This development offers luxury single-family homes with stunning views of the Las Vegas Valley.
- The Pointe at Ascension: This development offers luxury condominiums with a variety of amenities, including a rooftop pool and fitness center.
In addition to these new developments, there are also a number of existing neighborhoods in the 89135 zip code homes that are still under construction.
This means that there are a variety of housing options to choose from in this area, regardless of your budget or needs.
If you are interested in learning more about new housing developments in the 89135 zip code homes, I recommend contacting a real estate agent who specializes in this area.
They can help you find the right development for your needs and budget, and can help you through the buying process.
What Are the Average Property Taxes for Homes in the 89135 Zip Code?
The average property taxes for homes in the 89135 zip code homes in Las Vegas, Nevada are approximately 0.65% of the assessed home value.
This means that a home with an assessed value of $630K (the median sale price in 89135) would have annual property taxes of approximately $4,095.
It is important to note that property taxes can vary depending on a number of factors, including the assessed home value, the tax rate, and any exemptions you may qualify for.
Seniors and veterans may be eligible for property tax exemptions.
To get an accurate estimate of your property taxes, you can contact the Clark County Assessor’s Office. They can provide you with your home’s assessed value and the current tax rate.
How Does the Average Home Price in the 89135 Zip Code Homes Compare to Neighboring Zip Codes?
The average 89135 zip code homes in Las Vegas, Nevada is higher than in neighboring zip codes.
According to Realtor.com, the median sale price of a 89135 zip code homes as of September 2023 is $630K.
This is compared to the following median sale prices in neighboring zip codes:
- 89117: $549.9K
- 89129: $474.9K
- 89134: $440K
- 89102: $399.9K
There are a few reasons why the average 89135 zip code homes is higher than in neighboring zip codes.
89135 is a newer and more desirable area of Las Vegas.
It is located in the Summerlin master-planned community, which offers a variety of amenities, including parks, trails, and shopping.
89135 has a good school district.
The schools in the area are highly rated, which makes it a popular place for families to live.
89135 has a relatively low crime rate.
This makes it a safe place to live and raise a family.
The 89135 zip code homes is a great place to live if you can afford it. It offers a variety of amenities, good schools, and a safe environment.
Here is a table that summarizes the median sale prices in the 89135 zip code homes and neighboring zip codes:
|Median sale price
What Are the Crime Rates Like in the 89135 Zip Code Compared to the Rest of Las Vegas?
The crime rates in the 89135 zip code are generally lower than in the rest of Las Vegas.
According to the Las Vegas Metropolitan Police Department, the crime rate in 89135 is approximately 20% lower than the Las Vegas average.
Here is a table that compares the crime rates in the 89135 zip code to the Las Vegas average:
|4.8 per 1,000 people
|6.0 per 1,000 people
|35.2 per 1,000 people
|44.0 per 1,000 people
The crime rate in the northern part of the 89135 zip code homes is generally lower than the crime rate in the southern part of the zip code.
If you are considering moving to the 89135 zip code homes, it is important to do your research and choose a neighborhood that is safe and comfortable for you.
You can use the Las Vegas Metropolitan Police Department’s crime map to see where crimes have been reported in your area.
The 89135 zip code homes in Las Vegas, Nevada offers a vibrant housing market with a variety of homes for sale.
With competitive prices and a quick selling time, you can find your dream home in no time.
The median sale price and price per square foot have seen a significant increase compared to last year, indicating a thriving market.
The area is home to several schools, making it an ideal location for families.
Don’t miss out on the opportunity to find your perfect home in the 89135 zip code.
89135 zip code homes Las Vegas Properties 702-508-8262.
The 89135 zip code is located in the western part of Las Vegas, Nevada.
It includes a mix of residential neighborhoods, including both single-family homes and townhouses.
The area is known for its convenient location, with easy access to major roads and highways, as well as popular attractions such as the Red Rock Canyon National Conservation Area and the Las Vegas Strip.
Homes in the 89135 zip code can range from smaller, more affordable homes to large, luxury properties.
The area is home to a number of amenities, including schools, parks, shopping centers, and restaurants.
The 89135 zip code is part of the larger Summerlin master-planned community, which offers a wide range of recreational and cultural amenities.
The 89135 zip code in Las Vegas offers a range of amenities and outdoor activities for residents to enjoy.
Some of the amenities available in the area include:
- Schools: The 89135 zip code is home to a number of public and private schools, including elementary, middle, and high schools.
- Parks: There are several parks located within the 89135 zip code homes, including Exploration Park and Red Rock Canyon Overlook, which offer hiking and rock climbing opportunities.
- Shopping and dining: The area is home to a number of shopping centers and restaurants, providing residents with a variety of options for shopping and dining out.
- Golfing: The Summerlin area, which includes the 89135 zip code, is home to several golf courses, including the TPC Summerlin Golf Course and the Siena Golf Club.
- Hiking and rock climbing: The Red Rock Canyon National Conservation Area, located just a short drive from the 89135 zip code, offers a range of hiking and rock climbing opportunities.
- Biking: The area is home to a number of trails that are popular for biking, including the Summerlin Trail and the Desert Breeze Trail.
- Cultural attractions: The 89135 zip code homes is located near a number of cultural attractions, including the Las Vegas Natural History Museum and the Las Vegas Art Museum.
- Entertainment: The area is a short drive from the Las Vegas Strip, which is home to a wide range of entertainment options, including casinos, shows, and concerts.
89135 Real Estate Insights.
ZIP code 89135 is located in Las Vegas, Nevada.
Browse houses for sale in 89135 today!
89135 Zip Code Homes
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