Summerlin Centre, Las Vegas, NV—89144
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Summerlin Centre, Las Vegas, NV
As of Oct '25, the median home price in Summerlin Centre, Las Vegas, NV is $524,000, with a year-over-year change of 0.8%. This indicates that home prices in Summerlin Centre, Las Vegas, NV are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $524,000 | 0.8% |
| Single Family | $563,000 | 0.2% |
| Condos | $344,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $363,000 | -0.5% |
3 Bed | $482,000 | 0.0% |
4 Bed | $725,000 | 1.1% |
| 5 Bed | $945,000 | 2.3% |
% of Housing Stock
Rental Trends — Summerlin Centre, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Summerlin Centre, Las Vegas, NV is $2,590, with a year-over-year rent change of 8.8%. Per bedroom, the median rent as of July '25 in Summerlin Centre, Las Vegas, NV is 1-bedrooms: $1,470, 2-bedrooms: $1,880, 3-bedrooms: $2,700, 4-bedrooms: $3,500. The most common rental property sizes in Summerlin Centre, Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 44.1% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,470 |
| 2 Bed Rent | $1,800 | $1,880 |
| 3 Bed Rent | $2,300 | $2,700 |
| 4 Bed Rent | $2,700 | $3,500 |
% of Rental Stock
Property Listings — Summerlin Centre, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Summerlin Centre, Las Vegas, NV is 64. 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $651,000 | -11.0% |
Listing Count | 133 | 61.0% |
| Listings as % of Homes | 1.1% | 61.0% |
Days on Market | 64 | 33.0% |
Demographics — Summerlin Centre, Las Vegas, NV
As of the latest ACS Survey released in 2023, Summerlin Centre, Las Vegas, NV has a population of 19,900, which has remained stable by 0.8% over the past 5 years. Summerlin Centre, Las Vegas, NV is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 47.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | 0.8% |
% Under 18 | 20.1% | -18.3% |
% Seniors | 18.5% | 14.9% |
% WFH | 14.8% | 127.7% |
% w/ College Degree | 47.0% | 2.4% |
As of the latest ACS Survey released in 2023, Summerlin Centre, Las Vegas, NV is a predominantly white area, with 58.5% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Summerlin Centre, Las Vegas, NV is hispanic, making up 15.4% of the population. Foreign-born residents account for 20.2% of the population in Summerlin Centre, Las Vegas, NV, and this percentage has increased by 1.0% 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 | 58.5% | -6.4% |
% Black | 6.6% | 11.9% |
% Hispanic | 15.4% | 14.9% |
% Asian | 13.9% | 3.0% |
% Foreign Born | 20.2% | 1.0% |
Mortgage and Risk — Summerlin Centre, Las Vegas, NV
Summerlin Centre, 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 Centre, Las Vegas, NV
As of 2024, the percent of homes in Summerlin Centre, Las Vegas, NV under the Section 8 program is 0.6%. 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 Centre, 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 | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,500 | $1,910 |
| 2 Bedroom | $460 | $1,800 | $2,260 |
| 3 Bedroom | $870 | $2,300 | $3,170 |
| 4 Bedroom | $970 | $2,700 | $3,670 |
Affordability — Summerlin Centre, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $524,000 |
| Median Household Income | $100,000 |