Centennial Hills, Las Vegas, NV89149

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$496,000
0.2% YoY Growth
Median Household Income
$99,100
37.0% 5-Year Growth
Days on Market
56
32.0% Longer than last year
Home Price Forecast
0.5%
Median Rent
$2,000
1.4% YoY Growth
1-Bed Rent
$1,200
0.8% YoY Growth
2-Bed Rent
$1,600
5.2% YoY Growth
3-Bed Rent
$1,970
1.0% YoY Growth

Other Zip Codes in Centennial Hills, Las Vegas, NV

Property Listings — Centennial Hills, Las Vegas, NV

As of Oct '25, Realtor.com reports that the median days on market for a home in Centennial Hills, Las Vegas, NV is 56. This is a increase of 32.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$625,000-20.0%
Listing Count
27428.0%
Listings as % of Homes1.2%28.0%
Days on Market
5632.0%
Loading chart...

Demographics — Centennial Hills, Las Vegas, NV

As of the latest ACS Survey released in 2023, Centennial Hills, Las Vegas, NV has a population of 45,000, which has increased by 14.3% over the past 5 years. Centennial Hills, Las Vegas, NV is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 37.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
45,00014.3%
% Under 18
22.3%-12.9%
% Seniors
14.2%11.8%
% WFH
12.3%75.7%
% w/ College Degree
37.0%16.0%
Loading chart...

As of the latest ACS Survey released in 2023, Centennial Hills, Las Vegas, NV is a predominantly white area, with 54.7% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Centennial Hills, Las Vegas, NV is hispanic, making up 17.5% of the population. Foreign-born residents account for 11.3% of the population in Centennial Hills, Las Vegas, NV, and this percentage has increased by 18.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
54.7%-13.6%
% Black
12.1%17.5%
% Hispanic
17.5%16.7%
% Asian
7.0%16.7%
% Foreign Born
11.3%18.9%
Loading chart...

Mortgage and Risk — Centennial Hills, Las Vegas, NV

According to HUD data as of 2023, there were 135 mortgage originations in Centennial Hills, Las Vegas, NV, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Centennial Hills, Las Vegas, NV. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
135
% Conventional Loans
76.0%
% Government Loans
24.0%
% Investor Loans
2.0%
% Second Loans
3.0%
% Cash Out Refinance
12.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Centennial Hills, Las Vegas, NV

As of 2024, the percent of homes in Centennial Hills, Las Vegas, NV under the Section 8 program is 2.6%. 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 Centennial Hills, 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
133
Total Units Section 8
133
% Rentals under Section 8
2.6%
% Occupied Section 8
98.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$280$1,200$1,480
2 Bedroom$160$1,600$1,760
3 Bedroom$500$1,970$2,470
4 Bedroom$560$2,300$2,860

Affordability — Centennial Hills, Las Vegas, NV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.8
Median Home Price$496,000
Median Household Income$99,100

Centennial Hills, Las Vegas, NV — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions