Desert Shores, Las Vegas, NV—89128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Desert Shores, Las Vegas, NV
As of Oct '25, the median home price in Desert Shores, Las Vegas, NV is $389,000, with a year-over-year change of -0.9%. This indicates that home prices in Desert Shores, Las Vegas, NV are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $389,000 | -0.9% |
| Single Family | $448,000 | -0.9% |
| Condos | $224,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $177,000 | -6.8% |
2 Bed | $237,000 | -4.8% |
3 Bed | $404,000 | -1.5% |
4 Bed | $537,000 | 0.6% |
| 5 Bed | $646,000 | 1.1% |
% of Housing Stock
Rental Trends — Desert Shores, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Desert Shores, Las Vegas, NV is $2,070, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Desert Shores, Las Vegas, NV is studios: $1,350, 1-bedrooms: $1,240, 2-bedrooms: $1,610, 3-bedrooms: $2,140, 4-bedrooms: $3,150. The most common rental property sizes in Desert Shores, Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 40.9% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,880 | $2,070 |
| Studio Rent | $1,160 | $1,350 |
| 1 Bed Rent | $1,200 | $1,240 |
| 2 Bed Rent | $1,500 | $1,610 |
| 3 Bed Rent | $1,990 | $2,140 |
| 4 Bed Rent | $2,600 | $3,150 |
% of Rental Stock
Property Listings — Desert Shores, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Desert Shores, Las Vegas, NV is 56. This is a increase of 53.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $385,000 | 2.0% |
Listing Count | 265 | 48.0% |
| Listings as % of Homes | 1.0% | 48.0% |
Days on Market | 56 | 53.0% |
Demographics — Desert Shores, Las Vegas, NV
As of the latest ACS Survey released in 2023, Desert Shores, Las Vegas, NV has a population of 39,400, which has increased by 7.2% over the past 5 years. Desert Shores, Las Vegas, NV is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,400 | 7.2% |
% Under 18 | 20.9% | 2.0% |
% Seniors | 17.4% | 9.4% |
% WFH | 11.4% | 115.1% |
% w/ College Degree | 30.6% | -6.1% |
As of the latest ACS Survey released in 2023, Desert Shores, Las Vegas, NV is a predominantly white area, with 43.9% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Desert Shores, Las Vegas, NV is hispanic, making up 31.3% of the population. Foreign-born residents account for 20.8% of the population in Desert Shores, Las Vegas, NV, and this percentage has decreased by 5.9% 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 | 43.9% | -5.0% |
% Black | 11.4% | -6.6% |
% Hispanic | 31.3% | 17.2% |
% Asian | 7.0% | -32.0% |
% Foreign Born | 20.8% | -5.9% |
Mortgage and Risk — Desert Shores, Las Vegas, NV
According to HUD data as of 2023, there were 411 mortgage originations in Desert Shores, Las Vegas, NV, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Desert Shores, Las Vegas, NV. Investor activity is low, as 5.0% 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 | 411 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Desert Shores, Las Vegas, NV
As of 2024, the percent of homes in Desert Shores, Las Vegas, NV under the Section 8 program is 2.7%. 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. In Desert Shores, Las Vegas, NV, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 234 |
Total Units Section 8 | 208 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,200 | $1,490 |
| 2 Bedroom | $270 | $1,500 | $1,770 |
| 3 Bedroom | $490 | $1,990 | $2,480 |
| 4 Bedroom | $270 | $2,600 | $2,870 |
Affordability — Desert Shores, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $389,000 |
| Median Household Income | $70,600 |