The story of this market
The typical home in ZIP 89166 sells for about $562,394, or $256 per square foot.
Prices are down 5.6% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,360 a month.
ZIP 89166 — Las Vegas
The 89166 housing market is currently experiencing a period of price stabilization following a cooling trend in year-over-year values. While inventory remains relatively tight, the market is seeing longer days on market compared to previous years, reflecting a more balanced environment for buyers. Demand remains supported by the area's appeal to families and its ongoing development as a suburban hub.
This ZIP is ideal for families and professionals seeking newer suburban housing, proximity to outdoor recreation, and a quieter environment while remaining within a reasonable commute of the Las Vegas metro area.
Median prices moved down 5.6% year over year.
Homes spend a median of 34 days on market with 2.1 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 5.5% — 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 7.8%/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 7.7%/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 89166, 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 Centennial Hills area is generally considered lower than the Las Vegas city-wide average, with suburban residential pockets maintaining a stable safety profile.
The area is served by the Clark County School District, featuring a mix of highly-rated suburban schools that are a primary draw for families moving to the northwest valley.
The region faces minimal flood risk but is subject to high heat and occasional wind events; property insurance premiums are influenced by regional wildfire risk factors in the surrounding desert interface.
Centennial Hills is a high-growth master-planned corridor with significant ongoing residential development, proximity to major retail hubs, and infrastructure expansion supporting the northwest Las Vegas expansion.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nevada) — Disabled Veterans Property Tax Exemption: Provides a partial exemption from property taxes based on the veteran's disability rating, which is applied to the assessed value of the property. State (Nevada) — Nevada Property Tax Assessment and Levy: Property tax is calculated using the formula: (Taxable Value * 0.35) * Tax Rate = Total Property Tax. Taxable value is determined by county assessors, and the assessment ratio is fixed at 35% of taxable value.
Commuters typically rely on the US-95 freeway for access to the Las Vegas employment core, with travel times varying significantly based on peak-hour congestion.
The area features extensive access to the Centennial Hills Park, local trail systems, and proximity to the Mount Charleston recreational area, alongside major retail centers like the Centennial Center.
The rental market is characterized by steady demand from families and professionals, with a mix of single-family home rentals and newer apartment complexes maintaining moderate vacancy pressure.
The local economy is driven by the broader Las Vegas tourism, gaming, and hospitality sectors, with a growing professional services and retail base in the northwest suburbs.
Transportation is primarily automobile-dependent, with the US-95 corridor serving as the main artery for regional connectivity.
Development is focused on the continued expansion of residential subdivisions and supporting commercial infrastructure in the Centennial Hills area.
The Clark County Assessor's office manages property valuations, utilizing a mass appraisal system to determine taxable values annually.
Parcels are subject to Clark County School District taxes and various local improvement districts associated with master-planned community infrastructure.
Property insurance costs are rising due to regional wildfire risks and general inflationary pressures on construction and replacement costs.
Nevada continues to see positive net domestic migration, with many new residents relocating from California to the Las Vegas metro area.
Nevada is a non-judicial foreclosure state, requiring a specific notice process before a trustee sale can occur.
Sellers are required to provide a comprehensive Real Property Disclosure Form detailing the condition of the property to potential buyers.
Data retrieved from data.census.gov ZCTA 89166 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Las Vegas Paiute Golf Resort4.712.2 mi
- City of Las Vegas Centennial Hills Community Center, Operated by the YMCA4.517.6 mi
- THE LAS VEGAS FARM4.617.3 mi
- Painted Desert Golf Club4.118.7 mi
- Gilcrease Nature Sanctuary4.716.1 mi
- Lee Canyon4.512.4 mi
- Spring Mountains Visitor Gateway4.811.7 mi
- Desert View Overlook4.88.8 mi
- Corn Creek Visitor Center4.89 mi
- Robbers Roost Trailhead4.710.1 mi
- Lyght Jewelers4.918.6 mi
- Lee Canyon4.512.4 mi
- Spring Mountains Visitor Gateway4.811.7 mi
- Fletcher Canyon Trailhead4.812.6 mi
- Desert National Wildlife Refuge4.89 mi
- Desert View Overlook4.88.8 mi
- Las Vegas Paiute Golf Resort4.712.2 mi
- North Las Vegas Airport4.523.5 mi
- 5 Star Helicopter Tours4.630.8 mi
- Skyline Helicopter Tours4.623.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large community park featuring sports fields, playgrounds, and an amphitheater.
A major retail hub serving the northwest valley with diverse dining and shopping options.
Nearby mountain destination offering hiking, skiing, and outdoor activities.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).