Summerlin South, Las Vegas, NV89135

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$711,000
3.7% YoY Growth
Median Household Income
$115,000
29.6% 5-Year Growth
Days on Market
51
20.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$2,700
0.6% YoY Growth
1-Bed Rent
$1,770
5.3% YoY Growth
2-Bed Rent
$2,400
1.5% YoY Growth
3-Bed Rent
$2,600
0.7% YoY Growth

Property Listings — Summerlin South, Las Vegas, NV

As of Oct '25, Realtor.com reports that the median days on market for a home in Summerlin South, Las Vegas, NV is 51. 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$945,0009.0%
Listing Count
34142.0%
Listings as % of Homes1.5%42.0%
Days on Market
5120.0%
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Demographics — Summerlin South, Las Vegas, NV

As of the latest ACS Survey released in 2023, Summerlin South, Las Vegas, NV has a population of 31,400, which has increased by 13.7% over the past 5 years. Summerlin South, Las Vegas, NV is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 50.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
31,40013.7%
% Under 18
18.6%-10.1%
% Seniors
25.7%11.3%
% WFH
20.0%63.9%
% w/ College Degree
50.3%2.9%
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As of the latest ACS Survey released in 2023, Summerlin South, Las Vegas, NV is a predominantly white area, with 60.8% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Summerlin South, Las Vegas, NV is asian, making up 15.0% of the population. Foreign-born residents account for 17.4% of the population in Summerlin South, Las Vegas, NV, and this percentage has increased by 5.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
60.8%-10.3%
% Black
2.3%-54.9%
% Hispanic
13.2%24.5%
% Asian
15.0%20.0%
% Foreign Born
17.4%5.5%
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Mortgage and Risk — Summerlin South, Las Vegas, NV

Summerlin South, Las Vegas, NV lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Summerlin South, Las Vegas, NV

As of 2024, the percent of homes in Summerlin South, Las Vegas, NV under the Section 8 program is 0.2%. 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 Summerlin South, 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
8
Total Units Section 8
8
% Rentals under Section 8
0.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$450$1,770$2,220
2 Bedroom$230$2,400$2,630
3 Bedroom$1,090$2,600$3,690
4 Bedroom$1,270$3,000$4,270

Affordability — Summerlin South, Las Vegas, NV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.6
Median Home Price$711,000
Median Household Income$115,000

Summerlin South, Las Vegas, NV — ZIP Code Boundary Map

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Frequently Asked Questions