Sunrise Manor, Las Vegas, NV89104

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$364,000
0.4% YoY Growth
Median Household Income
$50,900
43.6% 5-Year Growth
Days on Market
53
1.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
$1,420
1.1% YoY Growth
1-Bed Rent
$1,020
0.0% YoY Growth
2-Bed Rent
$1,400
4.4% YoY Growth
3-Bed Rent
$1,860
7.4% YoY Growth

Property Listings — Sunrise Manor, Las Vegas, NV

As of Aug '25 and according to Realtor.com, the median days on market for a home in Sunrise Manor, Las Vegas, NV is 53. This is an increase of 1.0% from last year. This indicates that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 39.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$415,000-3.0%
Listing Count
93N/A
Listings as % of Homes0.4%N/A
Days on Market
531.0%
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Demographics — Sunrise Manor, Las Vegas, NV

MetricLatest CensusYoY % Change
Population
39,9003.0%
% Under 18
21.6%-4.0%
% Under 5N/AN/A
% Seniors
13.9%-3.5%
% WFH
8.3%418.8%
% w/ College Degree
15.4%13.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
21.1%-18.8%
% Black
9.3%2.2%
% Hispanic
59.0%0.7%
% Asian
4.8%14.3%
% Foreign Born
32.5%-3.6%
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Mortgage and Risk — Sunrise Manor, Las Vegas, NV

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Sunrise Manor, Las Vegas, NV in that year was 328. 66.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 73.0%. Of those, 49.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Sunrise Manor, Las Vegas, NV. Investor activity in Sunrise Manor, Las Vegas, NV is low, as 3.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
328N/AN/A
% Conventional Loans
66.0%N/AN/A
% Government Loans
34.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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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 4.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
384
Total Units Section 8
367
% Rentals under Section 8
4.5%
% Occupied Section 8
98.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$220$1,020$1,240
2 Bedroom$80$1,400$1,480
3 Bedroom$230$1,860$2,090
4 Bedroom-$290$2,750$2,460

Affordability — Sunrise Manor, Las Vegas, NV

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio6.7N/AN/A
Median Home Price$364,000N/AN/A
Median Household Income$50,900N/AN/A

Sunrise Manor, Las Vegas, NV — ZIP Code Boundary Map

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