Summerlin

Las Vegas, NV

Neighborhood Market Analysis

Q3 2025 Report
$650,000 (Summerlin, July 2025 estimate; higher than Las Vegas metro median of $480,000)[4]
Median Home Price
45–60 (car-dependent overall, but high walkability in Downtown Summerlin and select villages)
Walkability Score
Consistently 8–10/10 on GreatSchools; among the best in Clark County.
School Rating

Location Overview

Neighborhood Boundaries

West Las Vegas, bordered by Red Rock Canyon to the west, Charleston Blvd to the south, US-95 to the north, and Hualapai Way to the east. Encompasses Summerlin North, South, and West villages.

Zip Codes

891348913589138891448914589148

Market Data Summary

Price Range$400,000 (entry-level townhomes/condos) to $10M+ (custom luxury estates)
Price per Sq Ft$310–$400 (varies by village and property type)
Inventory LevelsRising but still below pre-2020 levels; more choices for buyers, but sellers face longer days on market (average DOM: 32–45 days)[1][3].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesLuxury condosCustom estates

Architectural Styles

Contemporary desert modernMediterraneanTuscanTraditional SouthwestMid-century modern (select enclaves)

Property Details

Typical Lot Sizes0.12–0.25 acres (standard); up to 1+ acre in custom/luxury enclaves
Home Age Range1990s–2025 (new construction ongoing in Summerlin West)
Construction QualityHigh; strict HOA and master-planned design standards, premium finishes in most communities.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly professional, affluent, and family-oriented; median household income well above Las Vegas average; diverse age mix with strong retiree and executive presence.

Community Vibe

Active, upscale, master-planned; strong sense of community, frequent events, and outdoor lifestyle focus.

Typical Residents

  • Families
  • Retirees
  • Young professionals
  • Executives
  • Second-home owners

Family Friendly

Excellent; top-rated schools, parks, and youth programs attract families.

Amenities & Lifestyle

Parks & Recreation

  • Red Rock Canyon National Conservation Area
  • Over 250 parks and green spaces
  • Community pools and rec centers
  • Summerlin Trail System (150+ miles)

Dining Options

  • Fine dining at Red Rock Casino
  • Downtown Summerlin restaurants (Maggiano’s, True Food Kitchen, etc.)
  • Local cafes and bistros

Shopping Centers

  • Downtown Summerlin
  • Boca Park
  • Rampart Commons

Local Businesses

  • Downtown Summerlin shops
  • Local coffee roasters
  • Boutique fitness studios
  • Medical/dental offices

Education & Schools

Consistently 8–10/10 on GreatSchools; among the best in Clark County.
Overall School Rating

Elementary Schools

  • Givens Elementary
  • Bonner Elementary
  • Vassiliadis Elementary

Middle Schools

  • Rogich Middle School
  • Becker Middle School

High Schools

  • Palo Verde High School
  • West Career & Technical Academy

Private Schools

  • The Meadows School
  • Faith Lutheran Middle & High School

Transportation & Accessibility

Transit & Roads

Public Transit

  • RTC bus routes (limited coverage)

Major Roads

  • 215 Beltway
  • Charleston Blvd
  • Sahara Ave
  • Hualapai Way

Commute & Walkability

Commute Times20–30 minutes to The Strip; 25–35 minutes to McCarran/Las Vegas Airport; 10–15 minutes to Summerlin Hospital.
WalkabilityHigh in Downtown Summerlin; moderate in newer villages; car needed for most errands.
ParkingAmple residential parking; shopping/dining areas have structured and surface lots.

Marketing Intelligence

Target Buyer Types

  • Affluent families
  • Executives relocating from CA/AZ
  • Retirees
  • Luxury/second-home buyers

Key Selling Points

  • Master-planned lifestyle
  • Top-rated schools
  • Access to parks/trails/outdoor recreation
  • Luxury finishes and new construction options
  • Safety and community events

Pricing Considerations

Homes must be priced competitively; buyers are value-conscious and expect turnkey condition or price concessions for dated finishes.

Common Objections & Response Strategies

Objection: Higher price point compared to other Las Vegas neighborhoods

Response Strategy:

Emphasize long-term value, top schools, amenities, and resale stability.

Objection: HOA fees and restrictions

Response Strategy:

Highlight benefits: maintained common areas, security, and property value protection.

Objection: Car-dependent lifestyle

Response Strategy:

Showcase walkable pockets (Downtown Summerlin), proximity to trails, and short commutes to major employment centers.

Objection: Limited affordable options for first-time buyers

Response Strategy:

Point to townhome/condo inventory and potential for appreciation.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; rapid growth phase has stabilized, but long-term prospects remain strong due to desirability and limited land for new development[1][3].

Rental Demand

High, especially for executive/family rentals and luxury condos; strong short-term rental restrictions in most villages.

Buyer Competition

Lower than 2022–2023; more balanced market, but premium properties still attract multiple offers.

Best For

  • Move-up buyers
  • Luxury buyers
  • Families seeking top schools
  • Retirees
  • Long-term investors

Potential Concerns

  • Rising HOA fees in some enclaves
  • Limited affordable inventory
  • Longer days on market for non-updated homes

Professional Recommendations

1

Price homes competitively and prepare for longer DOM.

2

Invest in high-quality marketing (video, drone, staging).

3

Highlight unique Summerlin amenities and lifestyle.

4

Educate buyers on HOA benefits and community standards.

5

Stay informed on new construction incentives and upcoming developments.

6

Network with relocation specialists and corporate HR departments.

Competitive Analysis

Comparable Markets

  • Henderson (Green Valley, Inspirada)
  • Southern Highlands
  • Centennial Hills

Market Positioning

Premier, family-friendly, and luxury-focused; attracts buyers seeking lifestyle, safety, and long-term value.

Competitive Advantages

  • Best-in-class master planning
  • Proximity to Red Rock Canyon
  • Top public and private schools
  • Diverse housing stock

Price Comparison

Summerlin median home price is 30–35% higher than Las Vegas metro average, but offers superior amenities and resale stability.

Investment Metrics

3.5–4.5% (single-family rentals; lower for luxury)
Cap Rates
4–5% (condos/townhomes); 3–4% (single-family)
Rental Yields
22–25 (higher than Las Vegas average, reflecting premium pricing)
Price-to-Rent
Positive for well-priced condos/townhomes; neutral to slightly negative for luxury SFRs unless purchased below market.
Cash Flow
2–4% annualized over next 3 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to price point; best options in condos/townhomes. Emphasize long-term value and community amenities.

Move-Up Buyers

Strong appeal; larger homes, top schools, and lifestyle upgrades.

Downsizers

Luxury condos and smaller single-family homes offer low-maintenance living with amenities.

Investors

Focus on executive/family rentals; short-term rental restrictions limit Airbnb/VRBO.

Relocators

Popular with CA/AZ buyers seeking quality of life, safety, and outdoor access.

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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