The story of this market
The typical home in ZIP 89129 sells for about $450,000, or $251 per square foot.
Prices are down 5.26% from a year ago, which gives buyers more room to negotiate. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,852 a month.
ZIP 89129 — Las Vegas
The 89129 housing market is currently experiencing a cooling phase, with median prices down year-over-year and days-on-market increasing. High interest rates and a shift in buyer sentiment are driving a more balanced market, moving away from the seller-dominated conditions of previous years. Inventory levels remain stable, but price reductions are becoming more common as sellers adjust to current demand.
This ZIP is well-suited for families and long-term residents seeking established suburban neighborhoods with access to outdoor recreation. It is less attractive to short-term investors due to current market softening and higher days-on-market trends.
Median prices moved down 5.3% year over year.
Homes spend a median of 44 days on market with 6.9 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 8.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 89129, Clark County NV
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime in the 89129 area is generally considered moderate, with trends consistent with broader Las Vegas suburban patterns. Safety metrics are typical for the northwest valley, though residents are encouraged to monitor local precinct reports for specific neighborhood updates.
The area is served by the Clark County School District, which features a mix of highly-rated magnet schools and standard neighborhood campuses. School quality is generally viewed as stable, with performance varying by specific school zone.
The region faces low flood risk but is subject to extreme heat and occasional high-wind events common to the Mojave Desert. Insurance premiums are influenced by these environmental factors and the general risk profile of the Las Vegas valley.
Economic momentum is driven by the broader Las Vegas tourism and service sectors, with ongoing infrastructure improvements in the northwest corridor. Development is characterized by established residential communities with limited large-scale commercial expansion compared to the city center.
Property taxes in Nevada are governed by a state-wide assessment cap that limits annual increases on primary residences. There is no state personal income tax, and the effective tax rate is relatively low compared to the national average.
Commuters in 89129 primarily rely on the US-95 freeway for access to the Las Vegas employment core, including the Strip and Downtown. Traffic congestion is typical for a major metropolitan suburb during peak morning and evening hours.
The ZIP features access to several community parks, local golf courses, and proximity to the Red Rock Canyon National Conservation Area. Shopping and dining are concentrated along major arterial roads like Cheyenne Avenue and Lake Mead Boulevard.
The rental market in 89129 is characterized by steady demand and moderate vacancy rates, with rents tracking closely to the broader Las Vegas metro area. Investor activity remains present, though the market is currently cooling compared to previous years.
The economy is anchored by the Las Vegas tourism, gaming, and hospitality industries. Employment is diversified by healthcare, education, and retail sectors serving the local population.
The area is served by the RTC of Southern Nevada bus system, with primary transit corridors along major arterial streets. Most residents rely on private vehicles for commuting to the Las Vegas employment core.
Development is largely focused on infill projects and residential renovations rather than large-scale new construction. Planning efforts prioritize maintaining suburban character and improving local traffic flow.
The Clark County Assessor's office manages property valuations, utilizing a mass appraisal system that adheres to state-mandated assessment caps.
Parcels are subject to Clark County School District taxes and various local utility and flood control district assessments.
Property insurance premiums are stable but reflect the regional risk of wildfire and extreme heat. Market health is considered standard for the Nevada region.
Data retrieved from data.census.gov ZCTA-level tables.
- AREA154.48.6 mi
- Meow Wolf Las Vegas' Omega Mart4.48.6 mi
- Pinball Hall of Fame4.511.7 mi
- Discovery Children's Museum4.78 mi
- Spy Ninjas HQ4.86.1 mi
- Sphere4.59.9 mi
- Fremont Street Experience4.68.3 mi
- SAHARA Las Vegas4.19 mi
- Allegiant Stadium4.611 mi
- Westgate Las Vegas Resort & Casino49.5 mi
- Sphere4.59.9 mi
- Caesars Palace4.59.6 mi
- Fremont Street Experience4.68.3 mi
- Paris Las Vegas4.310.1 mi
- Flamingo Las Vegas49.8 mi
- AREA154.48.6 mi
- Arte Museum Las Vegas4.710.2 mi
- Gold & Silver Pawn Shop4.48.6 mi
- Meow Wolf Las Vegas' Omega Mart4.48.6 mi
- The Mob Museum4.78.4 mi
- Red Rock Canyon National Conservation Area4.89.7 mi
- Red Rock Canyon Visitor Center4.811 mi
- Bellagio Conservatory & Botanical Gardens4.89.9 mi
- Craig Ranch Regional Park4.66.8 mi
- Springs Preserve4.76.3 mi
- Topgolf Las Vegas4.510.6 mi
- Las Vegas Paiute Golf Resort4.79 mi
- Atomic Golf4.68.7 mi
- Angel Park Golf Club4.44.2 mi
- Las Vegas National Golf Course4.210.9 mi
- Fremont Street Experience4.68.3 mi
- Wynn Las Vegas4.79.6 mi
- Las Vegas North Premium Outlets4.48 mi
- Fashion Show Las Vegas4.59.2 mi
- AREA154.48.6 mi
- Harry Reid International Airport4.212.5 mi
- North Las Vegas Airport4.54.4 mi
- The Club LAS Terminal 3412.8 mi
- 5 Star Helicopter Tours4.611.6 mi
- Skyline Helicopter Tours4.64.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large public park with sports fields and walking paths.
Public-access golf course located within the ZIP.
Nearby major outdoor recreation area serving the northwest valley.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.