Zip Code 89110

Las Vegas, NV • Clark County

Real Estate Market Analysis

Q3 2025 Report

$354,792–$369,733 (Apr–May 2025)

Median Home Value

~75,000

Population

$51,000–$55,000

Median Income

Average (C+ to B-)

School District Rating

Market Statistics

Property Values

$354,792–$369,733 (Apr–May 2025)

Median Home Value

(Not specified for 2025; typically $1,500–$1,800/mo for similar Las Vegas zip codes)

Median Rent

$232–$233

Price per Sq Ft

Market Performance

Home Appreciation+2.3% to +5.6% YoY (2024–2025)

Market VelocityNeutral; homes go pending in ~33 days; 550 homes sold in April 2025

Foreclosure Rate13 properties in foreclosure, 1 bank-owned, 5 headed for auction

Area Information

Area Size~13 sq mi

CountyClark

Primary CityLas Vegas

Housing Profile

Housing Statistics

Total Housing Units~20,000+ (estimate based on area and density)

Owner Occupied(Not specified; Las Vegas average ~52%)

Rental Properties(Not specified; Las Vegas average ~48%)

Vacant Units(Not specified; Las Vegas average ~8%)

New ConstructionLimited; most growth from resale inventory

Housing Types

Single-family homesCondosTownhomesManufactured homes

Demographics

~75,000

Population

36–38

Median Age

$51,000–$55,000

Median Income

~94% (unemployment ~6%)

Employment Rate

High school graduate or higher: ~75%; Bachelor’s degree or higher: ~15%

Education Levels

Predominantly families and working-class households; higher proportion of multi-generational households

Family Composition

Education Quality

School District Performance

Average (C+ to B-)

District Rating

School DistrictClark County School District

Test ScoresBelow state average in math and reading

Graduation Rates~80%

Schools in Area

Las Vegas High School
Monaco Middle School
Cortez Elementary School
Other CCSD schools

Economic Factors

Employment & Business

Job GrowthModerate; Las Vegas metro job growth ~2% in 2025

Unemployment Rate~6%

Business EnvironmentDiverse, service-oriented, small business presence

Commercial ActivityActive along major corridors (Nellis Blvd, Charleston Blvd)

Major Employers

Clark County School District
Hospitality/Casino sector
Retail (Walmart, Smith’s)
Healthcare (Sunrise Hospital, local clinics)

Infrastructure & Quality of Life

Infrastructure

Transportation Access

• RTC bus lines
• Proximity to US-95 and I-515
• Las Vegas Blvd access

Utilities & Services

• NV Energy (electric)
• Southwest Gas
• Las Vegas Valley Water District
• Republic Services (waste)

Quality of Life

Safety & Environment

Higher than Las Vegas average; property and petty crime more common

Urban/suburban; air quality moderate, some heat and dust issues

Healthcare Access

• Sunrise Hospital
• UMC Quick Care
• Local clinics

Development Trends

Planned Developments

Small-scale infill housing
Retail renovations

Infrastructure Projects

• Road resurfacing (Charleston Blvd)
• Sidewalk improvements

Investment Outlook

Growth Outlook

Stable to modest growth; limited new land, focus on redevelopment

Investment Opportunities

• Value-add single-family rentals
• Affordable housing flips
• Small multi-family acquisitions

Marketing Intelligence

Target Demographics

First-time buyers
Working-class families
Investors seeking cash flow
Multi-generational households

Competitive Advantages

Lower price point than central/west Las Vegas
Stable rental demand
Diverse housing stock

Pricing Strategies

Competitive pricing just below metro median; incentives for quick close

Common Objections & Response Strategies

Objection: Higher crime rates than some Las Vegas suburbs

Response Strategy:

Highlight active neighborhood watch, recent safety initiatives, and affordable pricing

Objection: Older housing stock

Response Strategy:

Emphasize renovation potential, lower entry price, and recent upgrades in select homes

Objection: School ratings below state average

Response Strategy:

Point to after-school programs, magnet options, and ongoing district improvements

Professional Recommendations

Target marketing to first-time buyers and investors

Emphasize affordability and rental potential

Prepare for longer days on market vs. 2021–2022

Highlight recent upgrades and community amenities

Address safety and school concerns proactively

Competitive Analysis

Comparable Markets

89121 (East Las Vegas)
89115 (North Las Vegas)
89104 (Central/East)

Market Positioning

Affordable, stable, diverse

Competitive Advantages

Lower prices than west/central LV
Higher rental yields

Price Comparison

~5–10% below Las Vegas metro median

Investment Metrics

5.5%–6.5% (single-family rentals)

Cap Rates

~6% gross yield

Rental Yields

15–17

Price-to-Rent

Good for buy-and-hold; positive cash flow likely with 20% down

Cash Flow

2–4% annual (modest)

Appreciation

Buyer Journey Insights

First-Time Buyers

Accessible price point, FHA/VA options, moderate competition

Move-Up Buyers

Limited inventory of larger/newer homes; may look elsewhere for luxury

Downsizers

Affordable single-level and condo options

Investors

Strong rental demand, stable cash flow, moderate appreciation

Relocators

Affordable alternative to pricier Las Vegas neighborhoods

This zip code analysis was generated using comprehensive market data and AI intelligence.

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

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