How much is a home worth in ZIP code 89123?

The typical home in 89123 is worth $439,122, based on the Zillow Home Value Index.

Are home values rising in 89123?

Home values in 89123 are down 3.3% over the past year, and up 5.1% a year over five years.

What is the typical rent in 89123?

A typical home in 89123 rents for about $1,716 a month, a gross rental yield of 4.7%.

What is the property tax rate in 89123?

The effective property tax rate in 89123 is 0.5% — roughly $2,108 a year on a typical home.

ZIP code 89123 has a population of 58,205 and a median household income of $84,428.

HousingHandbookReference data

…

U.S. ZIP Code · NV89123

Clark County · Las Vegas-Henderson-North Las Vegas, NV

Typical home value

$439,122^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.3%
5-year / yr: +5.1%
10-year / yr: +6.5%

Relative price

vs U.S.: +54.6%
vs metro: +5.7%
vs state: +5.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 89123 is worth $439,122 — 5.7% above the Las Vegas-Henderson-North Las Vegas, NV median. Over the past year, values have fallen 3.3%. Homes here rent for a typical $1,716 a month — a 4.7% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,716^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,108^[3]

#Climate risk

FEMA National Risk Index ratings for Clark County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Very Low
Heat wave: Very High
Hurricane: No Rating
Tornado: Very Low
Earthquake: Relatively High
Winter weather: Relatively Moderate

#Who lives here

Population: 58,205^[3]
Median household income: $84,428^[3]

#Migration

Household moves in and out of Clark County over a year, from IRS tax-return data.

Net migration: +7,017^[5]
Moved in: 52,618
Moved out: 45,601

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 6
Middle: 2
High: 2

Silverado HS
High · Grades 9–12 · Clark County
2,052 students
Nevada Virtual Charter School
High · Grades 6–12 · State Sponsored Charter Schools
1,717 students
Silvestri Charles JHS
Middle · Grades 6–8 · Clark County
1,144 students
Schofield Jack Lund MS
Middle · Grades 6–8 · Clark County
1,001 students
Gehring Roger D Acad of Science & Technology ES
Elementary · Grades PK–5 · Clark County
628 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$20,594

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,220

Loan principal$351,298

Down payment$87,824

Total interest paid$448,061

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.61

Monthly cost to own$2,762

Monthly rent$1,716

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 33rd percentile^[1]
Rental yield: 37th percentile^[2]
Property tax: 38th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

8th for most populous in NVView list →

Frequently asked

How much is a home worth in ZIP code 89123?: The typical home in 89123 is worth $439,122, based on the Zillow Home Value Index.
Are home values rising in 89123?: Home values in 89123 are down 3.3% over the past year, and up 5.1% a year over five years.
What is the typical rent in 89123?: A typical home in 89123 rents for about $1,716 a month, a gross rental yield of 4.7%.
What is the property tax rate in 89123?: The effective property tax rate in 89123 is 0.5% — roughly $2,108 a year on a typical home.
Who lives in 89123?: ZIP code 89123 has a population of 58,205 and a median household income of $84,428.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

89130 vs 89123 →
Las Vegas, NV
Typical home
$444,274
Gross yield
4.9%
89129 vs 89123 →
Las Vegas, NV
Typical home
$445,983
Gross yield
4.8%
89084
North Las Vegas, NV
Typical home
$451,401
Gross yield
5.2%
89034
Mesquite, NV
Typical home
$452,085
Gross yield
—
89081
North Las Vegas, NV
Typical home
$418,682
Gross yield
5.9%
89086
North Las Vegas, NV
Typical home
$415,813
Gross yield
4.6%

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Pit ZIP 89123 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NV89123

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