How much is a home worth in ZIP code 89131?

The typical home in 89131 is worth $541,027, based on the Zillow Home Value Index.

Are home values rising in 89131?

Home values in 89131 are down 2.1% over the past year, and up 5.5% a year over five years.

What is the typical rent in 89131?

A typical home in 89131 rents for about $2,038 a month, a gross rental yield of 4.5%.

What is the property tax rate in 89131?

The effective property tax rate in 89131 is 0.5% — roughly $2,810 a year on a typical home.

ZIP code 89131 has a population of 50,731 and a median household income of $116,468.

HousingHandbookReference data

…

U.S. ZIP Code · NV89131

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

Typical home value

$541,027^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.1%
5-year / yr: +5.5%
10-year / yr: +6.9%

Relative price

vs U.S.: +90.5%
vs metro: +30.2%
vs state: +29.7%

Price history

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

The typical home in 89131 is worth $541,027 — 30.2% above the Las Vegas-Henderson-North Las Vegas, NV median. Over the past year, values have fallen 2.1%. Homes here rent for a typical $2,038 a month — a 4.5% 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: $2,038^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,810^[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: 50,731^[3]
Median household income: $116,468^[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: 8
Elementary: 3
Middle: 2
High: 2

Arbor View HS
High · Grades 9–12 · Clark County
3,177 students
Shadow Ridge HS
High · Grades 9–12 · Clark County
3,119 students
Somerset Academy Sky Pointe
Other · Grades K–12 · State Sponsored Charter Schools
2,152 students
Cadwallader Ralph MS
Middle · Grades 6–8 · Clark County
1,522 students
Saville Anthony MS
Middle · Grades 6–8 · Clark County
1,415 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 yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$24,461

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$2,736

Loan principal$432,821

Down payment$108,205

Total interest paid$552,040

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 ratio1.68

Monthly cost to own$3,421

Monthly rent$2,038

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: 57th percentile^[1]
Rental yield: 25th percentile^[2]
Property tax: 59th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 89131?: The typical home in 89131 is worth $541,027, based on the Zillow Home Value Index.
Are home values rising in 89131?: Home values in 89131 are down 2.1% over the past year, and up 5.5% a year over five years.
What is the typical rent in 89131?: A typical home in 89131 rents for about $2,038 a month, a gross rental yield of 4.5%.
What is the property tax rate in 89131?: The effective property tax rate in 89131 is 0.5% — roughly $2,810 a year on a typical home.
Who lives in 89131?: ZIP code 89131 has a population of 50,731 and a median household income of $116,468.

#Comparable ZIPs

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

89044 vs 89131 →
Henderson, NV
Typical home
$537,316
Gross yield
4.8%
89012 vs 89131 →
Henderson, NV
Typical home
$531,564
Gross yield
4.5%
89141
Enterprise CDP, NV
Typical home
$528,802
Gross yield
4.5%
89144
Las Vegas, NV
Typical home
$526,602
Gross yield
4.6%
89124
Mount Charleston CDP, NV
Typical home
$520,253
Gross yield
—
89021
Moapa Valley CDP, NV
Typical home
$516,199
Gross yield
—

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#Jump to section

U.S. ZIP Code · NV89131

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