Eldorado

North Las Vegas, NV

Neighborhood Market Analysis

Q3 2025 Report
$474,094 (as of July 2025)
Median Home Price
Moderate (estimated 45–55); car recommended for most errands.
Walkability Score
Public schools in the area are generally rated average to above average (Clark County School District).
School Rating

Location Overview

Neighborhood Boundaries

Primarily within the 89031 zip code, spanning approximately 1,080 acres in North Las Vegas. Bounded by Ann Road (south), Clayton Street (east), Centennial Parkway (north), and Decatur Boulevard (west).

Zip Codes

89031

Market Data Summary

Price RangeApproximately $400,000 to $600,000 depending on size, age, and upgrades
Price per Sq FtEstimated $210–$245 per sq ft (varies by property)
Inventory LevelsRising; buyers have more choices, sellers face longer days on market[3].

Property Characteristics

Home Types & Architecture

Home Types

Single-family detached homes

Architectural Styles

Contemporary SouthwestMediterraneanTraditional

Property Details

Typical Lot Sizes5,000–8,000 sq ft (some larger lots available)
Home Age RangeBuilt between 1989 and 2018
Construction QualityGenerally high; master-planned by Pardee Homes, well-maintained community[4].

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of families, professionals, and retirees. Median age in North Las Vegas is mid-30s.

Community Vibe

Suburban, quiet, and community-oriented. Pride of ownership is evident throughout the neighborhood.

Typical Residents

  • Families
  • Professionals
  • Retirees

Family Friendly

Very family-friendly; large homes, parks, and proximity to schools.

Amenities & Lifestyle

Parks & Recreation

  • Eldorado Park
  • Seastrand Community Park
  • Nearby walking/biking trails

Dining Options

  • Local cafes
  • Chain restaurants
  • Fast food options

Shopping Centers

  • Ann Decatur Marketplace
  • Craig Marketplace
  • North Las Vegas Shopping Center

Local Businesses

  • Grocery stores (Smith's, Albertsons)
  • Fitness centers
  • Daycares

Education & Schools

Public schools in the area are generally rated average to above average (Clark County School District).
Overall School Rating

Elementary Schools

  • Theron H. & Naomi D. Goynes Elementary
  • Eva Wolfe Elementary

Middle Schools

  • Clifford O. Findlay Middle School

High Schools

  • Mojave High School

Private Schools

  • Legacy Traditional School
  • Somerset Academy

Transportation & Accessibility

Transit & Roads

Public Transit

  • RTC bus routes along Ann Rd and Decatur Blvd

Major Roads

  • Ann Road
  • Centennial Parkway
  • Decatur Boulevard
  • Clayton Street

Commute & Walkability

Commute Times15–25 minutes to downtown Las Vegas; 25–35 minutes to the Strip (by car)
WalkabilityModerate; sidewalks and bike lanes in most areas, but car is primary mode of transport.
ParkingAmple street and driveway parking; most homes have 2–3 car garages.

Marketing Intelligence

Target Buyer Types

  • Families seeking space
  • Move-up buyers
  • Investors seeking stable rental income

Key Selling Points

  • Spacious homes and lots
  • Established, well-maintained community
  • Access to parks and shopping

Pricing Considerations

Price competitively due to rising inventory and longer days on market; consider incentives or concessions.

Common Objections & Response Strategies

Objection: Rising inventory and longer days on market

Response Strategy:

Emphasize neighborhood stability, recent appreciation, and unique community amenities.

Objection: Older homes compared to new builds nearby

Response Strategy:

Highlight larger lots, mature landscaping, and established community feel.

Objection: Moderate walkability

Response Strategy:

Showcase proximity to parks, schools, and short drives to shopping and dining.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; steady growth with 2–3% annual appreciation expected as of 2025[2][3].

Rental Demand

Solid; attracts families and professionals seeking suburban living.

Buyer Competition

Decreasing; more inventory and longer days on market favor buyers[1][3].

Best For

  • Move-up buyers
  • Families
  • Long-term investors

Potential Concerns

  • Rising inventory may pressure prices
  • Longer time to sell
  • Competition from newer master-planned communities

Professional Recommendations

1

Educate sellers on current market conditions and realistic pricing.

2

Highlight Eldorado's unique community features and value proposition.

3

Use professional photography and virtual tours to showcase spacious layouts.

4

Leverage local market data to address buyer concerns about inventory and days on market.

5

Promote incentives and flexible terms to attract buyers in a competitive market.

Competitive Analysis

Comparable Markets

  • Aliante
  • Centennial Hills
  • Shadow Creek

Market Positioning

Well-suited for buyers seeking value, space, and community in North Las Vegas.

Competitive Advantages

  • Larger lots than many newer communities
  • Mature landscaping and established amenities
  • Lower HOA fees compared to some newer master-planned areas

Price Comparison

Slightly below Aliante and Centennial Hills for similar home sizes; more affordable than Summerlin.

Investment Metrics

Estimated 5.5–6.5% for single-family rentals (2025)
Cap Rates
Gross yields around 6% based on current rents and home prices
Rental Yields
Approximately 15–17
Price-to-Rent
Positive cash flow possible with 20% down; stable rental demand.
Cash Flow
2–3% annual appreciation expected over next 2–3 years barring major market shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Good value and space; may need to budget for minor updates in older homes.

Move-Up Buyers

Excellent selection of larger homes and lots; opportunity to negotiate on price.

Downsizers

Limited smaller home options; may find maintenance manageable due to newer construction in later phases.

Investors

Solid rental demand; stable cash flow and moderate appreciation.

Relocators

Attractive for those seeking suburban lifestyle with access to Las Vegas amenities.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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