Sunrise Manor, Las Vegas, NV—89104
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sunrise Manor, Las Vegas, NV
As of Oct '25, the median home price in Sunrise Manor, Las Vegas, NV is $359,000, with a year-over-year change of -1.2%. This indicates that home prices in Sunrise Manor, Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $359,000 | -1.2% |
| Single Family | $364,000 | -1.6% |
| Condos | $205,000 | -1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $264,000 | -2.9% |
3 Bed | $359,000 | -1.4% |
4 Bed | $385,000 | -1.5% |
| 5 Bed | $433,000 | -0.5% |
% of Housing Stock
Rental Trends — Sunrise Manor, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Sunrise Manor, Las Vegas, NV is $1,770, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Sunrise Manor, Las Vegas, NV is studios: $1,100, 1-bedrooms: $1,080, 2-bedrooms: $1,420, 3-bedrooms: $1,990, 4-bedrooms: $2,900. The most common rental property sizes in Sunrise Manor, Las Vegas, NV are 2-bedroom and 1-bedroom, accounting for 38.1% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,420 | $1,770 |
| Studio Rent | $1,070 | $1,100 |
| 1 Bed Rent | $1,020 | $1,080 |
| 2 Bed Rent | $1,400 | $1,420 |
| 3 Bed Rent | $1,860 | $1,990 |
| 4 Bed Rent | $2,750 | $2,900 |
% of Rental Stock
Property Listings — Sunrise Manor, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Sunrise Manor, Las Vegas, NV is 60. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $402,000 | -1.0% |
Listing Count | 89 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 60 | 20.0% |
Demographics — Sunrise Manor, Las Vegas, NV
As of the latest ACS Survey released in 2023, Sunrise Manor, Las Vegas, NV has a population of 39,900, which has increased by 3.0% over the past 5 years. Sunrise Manor, Las Vegas, NV is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,900 | 3.0% |
% Under 18 | 21.6% | -4.0% |
% Seniors | 13.9% | -3.5% |
% WFH | 8.3% | 418.8% |
% w/ College Degree | 15.4% | 13.2% |
As of the latest ACS Survey released in 2023, Sunrise Manor, Las Vegas, NV is a predominantly hispanic area, with 59.0% of the population identifying as hispanic. The hispanic population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Sunrise Manor, Las Vegas, NV is white, making up 21.1% of the population. Foreign-born residents account for 32.5% of the population in Sunrise Manor, Las Vegas, NV, and this percentage has decreased by 3.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 21.1% | -18.8% |
% Black | 9.3% | 2.2% |
% Hispanic | 59.0% | 0.7% |
% Asian | 4.8% | 14.3% |
% Foreign Born | 32.5% | -3.6% |
Mortgage and Risk — Sunrise Manor, Las Vegas, NV
According to HUD data as of 2023, there were 328 mortgage originations in Sunrise Manor, Las Vegas, NV, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Sunrise Manor, Las Vegas, NV. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 328 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Sunrise Manor, Las Vegas, NV
As of 2024, the percent of homes in Sunrise Manor, Las Vegas, NV under the Section 8 program is 4.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Sunrise Manor, Las Vegas, NV, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 384 |
Total Units Section 8 | 367 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,020 | $1,240 |
| 2 Bedroom | $80 | $1,400 | $1,480 |
| 3 Bedroom | $230 | $1,860 | $2,090 |
| 4 Bedroom | -$290 | $2,750 | $2,460 |
Affordability — Sunrise Manor, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $359,000 |
| Median Household Income | $50,900 |