Southern Highlands, Las Vegas, NV89141

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$531,000
0.3% YoY Growth
Median Household Income
$110,000
24.3% 5-Year Growth
Days on Market
51
16.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
$2,400
1.9% YoY Growth
1-Bed Rent
$1,100
3.7% YoY Growth
2-Bed Rent
$1,850
18.0% YoY Growth
3-Bed Rent
$2,150
0.4% YoY Growth

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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$585,000-20.0%
Listing Count
31822.0%
Listings as % of Homes1.2%22.0%
Days on Market
5116.0%
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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.

MetricLatest CensusYoY % Change
Population
41,20024.8%
% Under 18
23.8%-11.2%
% Seniors
12.0%20.0%
% WFH
14.3%155.4%
% w/ College Degree
41.9%21.4%
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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

MetricLatest Census5-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%
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Mortgage and Risk — Southern Highlands, Las Vegas, NV

Southern Highlands, 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 — 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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio4.6
Median Home Price$531,000
Median Household Income$110,000

Southern Highlands, Las Vegas, NV — ZIP Code Boundary Map

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Frequently Asked Questions