Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 89148
The 89148 housing market shows signs of stabilization with a median price of $509,900, reflecting a slight premium over the broader Spring Valley area. While inventory remains sufficient for buyers, the market is adjusting to higher interest rates, resulting in a moderate pace of sales and a stable year-over-year price trend.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with modern amenities, proximity to major employment hubs, and access to high-quality recreational facilities.
Median prices moved down 3.1% year over year.
Homes spend a median of 69 days on market with 8.4 months of supply — a slower-moving market.
6% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 10.2% — 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 6.7%/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 5.3%/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 89148, Clark County NV
Crime trends in the Spring Valley area are generally consistent with broader Las Vegas suburban patterns, with property crime remaining the primary concern for residents.
Schools serving the 89148 ZIP code are part of the Clark County School District, which maintains a mix of ratings; many local elementary schools are highly regarded by families.
The area faces standard desert climate risks, primarily extreme heat and occasional flash flooding during monsoon season, with insurance premiums reflecting regional wildfire and wind exposure.
Development in 89148 is driven by its proximity to the Summerlin master-planned community and major employment hubs along the I-215 beltway, featuring steady residential and retail expansion.
Property taxes in this ZIP are governed by Clark County assessment rates, with no state income tax; special districts include various local improvement districts for infrastructure maintenance.
Residents typically rely on the I-215 beltway for access to the Las Vegas Strip and downtown employment centers, with commute times generally ranging from 20 to 35 minutes.
The area features numerous community parks, proximity to the Red Rock Canyon National Conservation Area, and extensive shopping and dining options along the Durango and Fort Apache corridors.
The rental market is characterized by stable demand and moderate vacancy pressure, with a significant presence of multi-family complexes and individual investor-owned single-family homes.
The local economy is anchored by the tourism, gaming, and hospitality sectors, with growing diversification in healthcare and logistics along the I-215 corridor.
The area is served by the RTC of Southern Nevada bus system, with primary transit reliance on private vehicles via the I-215 beltway and major arterial roads.
Ongoing development includes mixed-use retail and residential projects near the Durango corridor, focusing on high-density lifestyle centers.
The Clark County Assessor's office conducts annual property valuations based on market data and state-mandated assessment formulas.
Parcels are subject to Clark County School District taxes and various local improvement district assessments for infrastructure and public services.
Property insurance premiums are influenced by regional wildfire risk and the high cost of construction materials in the Las Vegas market.
Nevada continues to see positive net domestic migration, driven by residents relocating from California for tax and cost-of-living advantages.
Nevada is a non-judicial foreclosure state, with a standard notice and trustee sale process.
Sellers are required to provide a comprehensive Real Property Disclosure Form detailing the condition of the property and any known defects.
Data retrieved from US Census Bureau ZCTA-level tables.
Features hiking trails and panoramic views of the Las Vegas valley.
A premier public golf course located within the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
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Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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