Summerlin West, Las Vegas, NV—89138
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Summerlin West, Las Vegas, NV
As of Oct '25, the median home price in Summerlin West, Las Vegas, NV is $785,000, with a year-over-year change of 2.2%. This indicates that home prices in Summerlin West, Las Vegas, NV are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $785,000 | 2.2% |
| Single Family | $802,000 | 1.8% |
| Condos | $375,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $526,000 | 1.3% |
3 Bed | $655,000 | 2.0% |
4 Bed | $928,000 | 4.4% |
| 5 Bed | $1,190,000 | 4.5% |
% of Housing Stock
Rental Trends — Summerlin West, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Summerlin West, Las Vegas, NV is $3,310, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Summerlin West, Las Vegas, NV is 2-bedrooms: $3,030, 3-bedrooms: $2,950, 4-bedrooms: $3,540. The most common rental property sizes in Summerlin West, Las Vegas, NV are 3-bedroom and 4-bedroom, accounting for 43.6% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,990 | $3,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,700 | $3,030 |
| 3 Bed Rent | $2,700 | $2,950 |
| 4 Bed Rent | $3,150 | $3,540 |
% of Rental Stock
Property Listings — Summerlin West, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Summerlin West, Las Vegas, NV is 51. This is a increase of 33.0% 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 | $872,000 | 0.0% |
Listing Count | 291 | 65.0% |
| Listings as % of Homes | 1.6% | 65.0% |
Days on Market | 51 | 33.0% |
Demographics — Summerlin West, Las Vegas, NV
As of the latest ACS Survey released in 2023, Summerlin West, Las Vegas, NV has a population of 23,600, which has increased by 43.4% over the past 5 years. Summerlin West, Las Vegas, NV is a popular place for families, as children make up 25.9% of the population. The area has a highly educated workforce, with 60.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,600 | 43.4% |
% Under 18 | 25.9% | -14.2% |
% Seniors | 11.1% | 24.7% |
% WFH | 20.5% | 115.8% |
% w/ College Degree | 60.5% | 7.5% |
As of the latest ACS Survey released in 2023, Summerlin West, Las Vegas, NV is a predominantly white area, with 61.2% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Summerlin West, Las Vegas, NV is asian, making up 15.6% of the population. Foreign-born residents account for 21.9% of the population in Summerlin West, Las Vegas, NV, and this percentage has increased by 14.1% 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 | 61.2% | 1.0% |
% Black | 4.1% | 13.9% |
% Hispanic | 10.5% | -28.1% |
% Asian | 15.6% | 4.7% |
% Foreign Born | 21.9% | 14.1% |
Mortgage and Risk — Summerlin West, Las Vegas, NV
Summerlin West, Las Vegas, NV lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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
Rentals and Section 8 — Summerlin West, Las Vegas, NV
Summerlin West, Las Vegas, NV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,220 |
| 2 Bedroom | -$70 | $2,700 | $2,630 |
| 3 Bedroom | $990 | $2,700 | $3,690 |
| 4 Bedroom | $1,120 | $3,150 | $4,270 |
Affordability — Summerlin West, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $785,000 |
| Median Household Income | $157,000 |