Lone Mountain, Las Vegas, NV—89129
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lone Mountain, Las Vegas, NV
As of Oct '25, the median home price in Lone Mountain, Las Vegas, NV is $442,000, with a year-over-year change of -0.7%. This indicates that home prices in Lone Mountain, 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 | $442,000 | -0.7% |
| Single Family | $456,000 | -1.1% |
| Condos | $277,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $228,000 | -2.1% |
2 Bed | $308,000 | -2.2% |
3 Bed | $408,000 | -1.4% |
4 Bed | $518,000 | -0.6% |
| 5 Bed | $644,000 | 0.3% |
% of Housing Stock
Rental Trends — Lone Mountain, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Lone Mountain, Las Vegas, NV is $2,130, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Lone Mountain, Las Vegas, NV is studios: $966, 1-bedrooms: $1,320, 2-bedrooms: $1,700, 3-bedrooms: $2,100, 4-bedrooms: $2,450. The most common rental property sizes in Lone Mountain, Las Vegas, NV are 3-bedroom and 2-bedroom, accounting for 38.0% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,130 |
| Studio Rent | $966 | $966 |
| 1 Bed Rent | $1,350 | $1,320 |
| 2 Bed Rent | $1,650 | $1,700 |
| 3 Bed Rent | $2,020 | $2,100 |
| 4 Bed Rent | $2,300 | $2,450 |
% of Rental Stock
Property Listings — Lone Mountain, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Lone Mountain, Las Vegas, NV is 54. This is a increase of 18.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $490,000 | -4.0% |
Listing Count | 286 | 23.0% |
| Listings as % of Homes | 1.0% | 23.0% |
Days on Market | 54 | 18.0% |
Demographics — Lone Mountain, Las Vegas, NV
As of the latest ACS Survey released in 2023, Lone Mountain, Las Vegas, NV has a population of 54,600, which has decreased by -3.8% over the past 5 years. Lone Mountain, Las Vegas, NV is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,600 | -3.8% |
% Under 18 | 20.0% | -18.0% |
% Seniors | 16.3% | 25.4% |
% WFH | 13.7% | 218.6% |
% w/ College Degree | 32.6% | 10.9% |
As of the latest ACS Survey released in 2023, Lone Mountain, Las Vegas, NV is a predominantly white area, with 52.4% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Lone Mountain, Las Vegas, NV is hispanic, making up 21.5% of the population. Foreign-born residents account for 16.0% of the population in Lone Mountain, Las Vegas, NV, and this percentage has increased by 24.0% 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 | 52.4% | -7.9% |
% Black | 8.9% | -27.6% |
% Hispanic | 21.5% | 11.4% |
% Asian | 8.7% | 20.8% |
% Foreign Born | 16.0% | 24.0% |
Mortgage and Risk — Lone Mountain, Las Vegas, NV
According to HUD data as of 2023, there were 172 mortgage originations in Lone Mountain, Las Vegas, NV, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Lone Mountain, Las Vegas, NV. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 172 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lone Mountain, Las Vegas, NV
As of 2024, the percent of homes in Lone Mountain, Las Vegas, NV under the Section 8 program is 2.9%. 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 Lone Mountain, 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 | 211 |
Total Units Section 8 | 186 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,350 | $1,640 |
| 2 Bedroom | $290 | $1,650 | $1,940 |
| 3 Bedroom | $700 | $2,020 | $2,720 |
| 4 Bedroom | $850 | $2,300 | $3,150 |
Affordability — Lone Mountain, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $442,000 |
| Median Household Income | $87,500 |