The story of this market
The typical home in ZIP 89138 sells for about $855,000, or $375 per square foot.
Prices are down 4.49% from a year ago, which gives buyers more room to negotiate. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,633 a month.
ZIP 89138 — Las Vegas
The 89138 housing market is currently experiencing a cooling phase, with median prices showing a year-over-year decline and days on market increasing. While the area remains a premium submarket within Summerlin, the current inventory levels and slower sales pace suggest a shift toward a more balanced market environment.
This ZIP is ideal for affluent families and professionals seeking modern, master-planned living with high-quality amenities and proximity to outdoor recreation.
Median prices moved down 4.5% year over year.
Homes spend a median of 69 days on market with 4.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 3.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 89138, Nevada
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Clark County School District, with schools in the Summerlin master-planned community generally maintaining high performance ratings.
The area is subject to standard desert climate risks, including extreme heat and occasional flash flooding, with insurance premiums influenced by regional wildfire and wind exposure.
Development is driven by the continued expansion of Summerlin West, featuring new residential villages and proximity to major commercial hubs in the Las Vegas valley.
Property taxes are assessed by Clark County based on taxable value, with rates determined by the state-mandated tax cap and local special district levies.
Residents typically rely on private vehicles for commutes, with primary access to the Las Vegas employment core via the Summerlin Parkway and I-215 beltway.
The area features extensive access to the Summerlin trail system, numerous community parks, and proximity to Red Rock Canyon National Conservation Area.
The rental market is characterized by high-end single-family home inventory with stable demand, though vacancy pressure remains moderate due to the premium price point.
The local economy is anchored by the Summerlin master-planned community's commercial districts, with broader access to the Las Vegas tourism, gaming, and hospitality sectors.
Development is focused on the continued build-out of Summerlin West, including new residential subdivisions and supporting infrastructure.
Parcels are subject to Clark County property taxes and may include assessments for local improvement districts or community facilities districts within Summerlin.
Data not available in current ACS 5-year summary tables.
- AREA154.410.7 mi
- Meow Wolf Las Vegas' Omega Mart4.410.7 mi
- Pinball Hall of Fame4.512.4 mi
- Discovery Children's Museum4.711.9 mi
- Spy Ninjas HQ4.86 mi
- Sphere4.511.9 mi
- Fremont Street Experience4.612.4 mi
- SAHARA Las Vegas4.111.9 mi
- Allegiant Stadium4.611.6 mi
- Westgate Las Vegas Resort & Casino412.2 mi
- Sphere4.511.9 mi
- Caesars Palace4.511.3 mi
- Fremont Street Experience4.612.4 mi
- Paris Las Vegas4.311.7 mi
- Flamingo Las Vegas411.6 mi
- AREA154.410.7 mi
- Arte Museum Las Vegas4.711.6 mi
- Gold & Silver Pawn Shop4.412.4 mi
- Meow Wolf Las Vegas' Omega Mart4.410.7 mi
- The Mob Museum4.712.6 mi
- Red Rock Canyon National Conservation Area4.84.3 mi
- Red Rock Canyon Visitor Center4.84.2 mi
- Bellagio Conservatory & Botanical Gardens4.811.4 mi
- Springs Preserve4.79.8 mi
- Desert Breeze Park4.56.1 mi
- Topgolf Las Vegas4.512.1 mi
- Atomic Golf4.611.9 mi
- Angel Park Golf Club4.44.5 mi
- Rhodes Ranch Golf Club4.39.8 mi
- Bali Hai Golf Club4.212.3 mi
- Fremont Street Experience4.612.4 mi
- Wynn Las Vegas4.711.8 mi
- Las Vegas North Premium Outlets4.411.7 mi
- Fashion Show Las Vegas4.511.3 mi
- AREA154.410.7 mi
- Harry Reid International Airport4.213.6 mi
- North Las Vegas Airport4.59.7 mi
- The Club LAS Terminal 3414.3 mi
- 5 Star Helicopter Tours4.612.5 mi
- Skyline Helicopter Tours4.69.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-class hiking and scenic driving located immediately west of the ZIP.
Extensive network of interconnected walking and biking paths throughout the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.