Enterprise, Las Vegas, NV—89139
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Enterprise, Las Vegas, NV
As of Oct '25, the median home price in Enterprise, Las Vegas, NV is $468,000, with a year-over-year change of -1.5%. This indicates that home prices in Enterprise, Las Vegas, NV are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $468,000 | -1.5% |
| Single Family | $470,000 | -2.3% |
| Condos | $390,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $345,000 | -2.3% |
3 Bed | $411,000 | -2.6% |
4 Bed | $512,000 | -2.1% |
| 5 Bed | $683,000 | -1.7% |
% of Housing Stock
Rental Trends — Enterprise, Las Vegas, NV
As of July '25, Rentcast reports the average rent in Enterprise, Las Vegas, NV is $2,520, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Enterprise, Las Vegas, NV is 1-bedrooms: $1,300, 2-bedrooms: $1,950, 3-bedrooms: $2,150, 4-bedrooms: $2,650. The most common rental property sizes in Enterprise, Las Vegas, NV are 3-bedroom and 4-bedroom, accounting for 41.8% and 22.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,460 | $1,300 |
| 2 Bed Rent | $1,820 | $1,950 |
| 3 Bed Rent | $2,000 | $2,150 |
| 4 Bed Rent | $2,350 | $2,650 |
% of Rental Stock
Property Listings — Enterprise, Las Vegas, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Enterprise, Las Vegas, NV is 59. This is a increase of 19.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | 3.0% |
Listing Count | 225 | 28.0% |
| Listings as % of Homes | 1.0% | 28.0% |
Days on Market | 59 | 19.0% |
Demographics — Enterprise, Las Vegas, NV
As of the latest ACS Survey released in 2023, Enterprise, Las Vegas, NV has a population of 44,500, which has increased by 9.9% over the past 5 years. Enterprise, Las Vegas, NV is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 33.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,500 | 9.9% |
% Under 18 | 24.1% | -7.3% |
% Seniors | 10.2% | 47.8% |
% WFH | 10.6% | 231.2% |
% w/ College Degree | 33.4% | 10.6% |
As of the latest ACS Survey released in 2023, Enterprise, Las Vegas, NV is a predominantly asian area, with 29.5% of the population identifying as asian. The asian population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Enterprise, Las Vegas, NV is white, making up 28.2% of the population. Foreign-born residents account for 30.6% of the population in Enterprise, Las Vegas, NV, and this percentage has decreased by 8.7% 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 | 28.2% | -12.7% |
% Black | 17.3% | 38.4% |
% Hispanic | 15.4% | -25.2% |
% Asian | 29.5% | 0.3% |
% Foreign Born | 30.6% | -8.7% |
Mortgage and Risk — Enterprise, Las Vegas, NV
According to HUD data as of 2023, there were 186 mortgage originations in Enterprise, Las Vegas, NV, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Enterprise, Las Vegas, NV. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 186 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Enterprise, Las Vegas, NV
As of 2024, the percent of homes in Enterprise, Las Vegas, NV under the Section 8 program is 1.6%. 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 Enterprise, 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 | 90 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,460 | $1,600 |
| 2 Bedroom | $80 | $1,820 | $1,900 |
| 3 Bedroom | $660 | $2,000 | $2,660 |
| 4 Bedroom | $740 | $2,350 | $3,090 |
Affordability — Enterprise, Las Vegas, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $468,000 |
| Median Household Income | $96,000 |