Southern Highlands, Las Vegas, NV—89141
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southern Highlands, Las Vegas, NV
As of Oct '25, the median home price in Southern Highlands, Las Vegas, NV is $531,000, with a year-over-year change of -0.3%. This indicates that home prices in Southern Highlands, 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 | $531,000 | -0.3% |
| Single Family | $533,000 | -1.1% |
| Condos | $400,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $396,000 | -1.0% |
3 Bed | $465,000 | -1.5% |
4 Bed | $579,000 | -1.0% |
| 5 Bed | $740,000 | -0.5% |
% of Housing Stock
Rental Trends — Southern Highlands, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Southern Highlands, Las Vegas, NV is $2,720, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Southern Highlands, Las Vegas, NV is studios: $1,420, 1-bedrooms: $1,310, 2-bedrooms: $1,960, 3-bedrooms: $2,300, 4-bedrooms: $3,120. The most common rental property sizes in Southern Highlands, Las Vegas, NV are 3-bedroom and 2-bedroom, accounting for 35.4% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,720 |
| Studio Rent | $1,420 | $1,420 |
| 1 Bed Rent | $1,100 | $1,310 |
| 2 Bed Rent | $1,850 | $1,960 |
| 3 Bed Rent | $2,150 | $2,300 |
| 4 Bed Rent | $2,600 | $3,120 |
% of Rental Stock
Property Listings — Southern Highlands, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Southern Highlands, Las Vegas, NV is 51. This is a increase of 16.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $585,000 | -20.0% |
Listing Count | 318 | 22.0% |
| Listings as % of Homes | 1.2% | 22.0% |
Days on Market | 51 | 16.0% |
Demographics — Southern Highlands, Las Vegas, NV
As of the latest ACS Survey released in 2023, Southern Highlands, Las Vegas, NV has a population of 41,200, which has increased by 24.8% over the past 5 years. Southern Highlands, Las Vegas, NV is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,200 | 24.8% |
% Under 18 | 23.8% | -11.2% |
% Seniors | 12.0% | 20.0% |
% WFH | 14.3% | 155.4% |
% w/ College Degree | 41.9% | 21.4% |
As of the latest ACS Survey released in 2023, Southern Highlands, Las Vegas, NV is a predominantly white area, with 43.0% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Southern Highlands, Las Vegas, NV is asian, making up 23.4% of the population. Foreign-born residents account for 19.6% of the population in Southern Highlands, Las Vegas, NV, and this percentage has decreased by 6.7% 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 | 43.0% | -11.9% |
% Black | 9.8% | 27.3% |
% Hispanic | 14.6% | -20.2% |
% Asian | 23.4% | 20.6% |
% Foreign Born | 19.6% | -6.7% |
Mortgage and Risk — Southern Highlands, Las Vegas, NV
Southern Highlands, 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 — Southern Highlands, Las Vegas, NV
As of 2024, the percent of homes in Southern Highlands, Las Vegas, NV under the Section 8 program is 1.4%. 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 Southern Highlands, 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 | 57 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $910 | $1,100 | $2,010 |
| 2 Bedroom | $530 | $1,850 | $2,380 |
| 3 Bedroom | $1,180 | $2,150 | $3,330 |
| 4 Bedroom | $1,260 | $2,600 | $3,860 |
Affordability — Southern Highlands, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $531,000 |
| Median Household Income | $110,000 |