Sunrise Manor, Las Vegas, NV—89156
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sunrise Manor, Las Vegas, NV
As of Oct '25, the median home price in Sunrise Manor, Las Vegas, NV is $359,000, with a year-over-year change of -0.2%. This indicates that home prices in Sunrise Manor, Las Vegas, NV are flat. 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 | $359,000 | -0.2% |
| Single Family | $366,000 | -0.5% |
| Condos | $186,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $242,000 | -1.6% |
3 Bed | $357,000 | -0.6% |
4 Bed | $402,000 | -1.0% |
| 5 Bed | $470,000 | 0.0% |
% of Housing Stock
Rental Trends — Sunrise Manor, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Sunrise Manor, Las Vegas, NV is $1,630, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Sunrise Manor, Las Vegas, NV is 1-bedrooms: $1,150, 2-bedrooms: $1,280, 3-bedrooms: $1,840, 4-bedrooms: $2,170. The most common rental property sizes in Sunrise Manor, Las Vegas, NV are 2-bedroom and 3-bedroom, accounting for 38.6% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,150 |
| 2 Bed Rent | $1,220 | $1,280 |
| 3 Bed Rent | $1,800 | $1,840 |
| 4 Bed Rent | $2,100 | $2,170 |
% of Rental Stock
Property Listings — Sunrise Manor, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Sunrise Manor, Las Vegas, NV is 66. This is a increase of 21.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | 5.0% |
Listing Count | 125 | 30.0% |
| Listings as % of Homes | 0.7% | 30.0% |
Days on Market | 66 | 21.0% |
Demographics — Sunrise Manor, Las Vegas, NV
As of the latest ACS Survey released in 2023, Sunrise Manor, Las Vegas, NV has a population of 31,000, which has increased by 5.8% over the past 5 years. Sunrise Manor, Las Vegas, NV is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 13.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,000 | 5.8% |
% Under 18 | 25.5% | -6.2% |
% Seniors | 10.8% | 4.9% |
% WFH | 5.5% | 266.7% |
% w/ College Degree | 13.8% | 25.5% |
As of the latest ACS Survey released in 2023, Sunrise Manor, Las Vegas, NV is a predominantly hispanic area, with 52.6% of the population identifying as hispanic. The hispanic population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Sunrise Manor, Las Vegas, NV is white, making up 26.0% of the population. Foreign-born residents account for 22.4% of the population in Sunrise Manor, Las Vegas, NV, and this percentage has decreased by 10.8% 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 | 26.0% | -10.7% |
% Black | 11.6% | -8.7% |
% Hispanic | 52.6% | 6.0% |
% Asian | 3.8% | -20.8% |
% Foreign Born | 22.4% | -10.8% |
Mortgage and Risk — Sunrise Manor, Las Vegas, NV
According to HUD data as of 2023, there were 478 mortgage originations in Sunrise Manor, Las Vegas, NV, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Sunrise Manor, Las Vegas, NV. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 478 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Sunrise Manor, Las Vegas, NV
As of 2024, the percent of homes in Sunrise Manor, Las Vegas, NV under the Section 8 program is 6.7%. 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 Sunrise Manor, 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 | 320 |
Total Units Section 8 | 262 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $1,000 | $1,240 |
| 2 Bedroom | $260 | $1,220 | $1,480 |
| 3 Bedroom | $290 | $1,800 | $2,090 |
| 4 Bedroom | $360 | $2,100 | $2,460 |
Affordability — Sunrise Manor, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $359,000 |
| Median Household Income | $69,800 |