Sun City Summerlin, Las Vegas, NV—89134
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sun City Summerlin, Las Vegas, NV
As of Oct '25, the median home price in Sun City Summerlin, Las Vegas, NV is $496,000, with a year-over-year change of 1.4%. This indicates that home prices in Sun City Summerlin, Las Vegas, NV are increasing. 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 | $496,000 | 1.4% |
| Single Family | $504,000 | 0.6% |
| Condos | $363,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $436,000 | -0.5% |
3 Bed | $568,000 | 0.9% |
4 Bed | $641,000 | 1.6% |
| 5 Bed | $1,185,000 | 6.7% |
% of Housing Stock
Rental Trends — Sun City Summerlin, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Sun City Summerlin, Las Vegas, NV is $2,650, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Sun City Summerlin, Las Vegas, NV is 2-bedrooms: $2,270, 3-bedrooms: $2,690, 4-bedrooms: $3,540. The most common rental property sizes in Sun City Summerlin, Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 41.7% and 39.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,270 |
| 3 Bed Rent | $2,400 | $2,690 |
| 4 Bed Rent | $2,750 | $3,540 |
% of Rental Stock
Property Listings — Sun City Summerlin, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Sun City Summerlin, Las Vegas, NV is 51. This is a increase of 56.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $511,000 | -8.0% |
Listing Count | 319 | 49.0% |
| Listings as % of Homes | 1.7% | 49.0% |
Days on Market | 51 | 56.0% |
Demographics — Sun City Summerlin, Las Vegas, NV
As of the latest ACS Survey released in 2023, Sun City Summerlin, Las Vegas, NV has a population of 23,500, which has decreased by -3.7% over the past 5 years. Sun City Summerlin, Las Vegas, NV is a less popular place for families, as children make up 11.3% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,500 | -3.7% |
% Under 18 | 11.3% | 0.9% |
% Seniors | 50.0% | 7.3% |
% WFH | 20.0% | 153.2% |
% w/ College Degree | 45.6% | 10.1% |
As of the latest ACS Survey released in 2023, Sun City Summerlin, Las Vegas, NV is a predominantly white area, with 69.6% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Sun City Summerlin, Las Vegas, NV is asian, making up 11.2% of the population. Foreign-born residents account for 18.0% of the population in Sun City Summerlin, Las Vegas, NV, and this percentage has increased by 36.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.6% | -10.1% |
% Black | 4.3% | 0.0% |
% Hispanic | 10.7% | 30.5% |
% Asian | 11.2% | 60.0% |
% Foreign Born | 18.0% | 36.4% |
Mortgage and Risk — Sun City Summerlin, Las Vegas, NV
According to HUD data as of 2023, there were 313 mortgage originations in Sun City Summerlin, Las Vegas, NV, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Sun City Summerlin, Las Vegas, NV. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 313 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sun City Summerlin, Las Vegas, NV
Sun City Summerlin, Las Vegas, NV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,010 |
| 2 Bedroom | $180 | $2,200 | $2,380 |
| 3 Bedroom | $930 | $2,400 | $3,330 |
| 4 Bedroom | $1,110 | $2,750 | $3,860 |
Affordability — Sun City Summerlin, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $496,000 |
| Median Household Income | $80,000 |