HousingHandbookReference data

U.S. ZIP Code · NV89138

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

Typical home value

$782,478[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.3%
5-year / yr
+6.8%
10-year / yr
+6.6%

Relative price

vs U.S.
+175.5%
vs metro
+88.3%
vs state
+87.6%
ZIP 89138 location in NV
Location of ZIP 89138 in NV

Price history

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

The typical home in 89138 is worth $782,478 — 88.3% above the Las Vegas-Henderson-North Las Vegas, NV median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $2,900 a month — a 4.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$2,900[2]
Gross yield
4.4%[2]
Cap rate
2.7%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$5,283[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
26,947[3]
Median household income
$161,645[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
3
Elementary
2
Middle
0
High
0
  • Doral Academy Red Rock

    Other · Grades K–12 · State Sponsored Charter Schools

    2,365 students

  • Vassiliadis Billy & Rosemary ES

    Elementary · Grades PK–5 · Clark County

    1,083 students

  • Givens Linda Rankin ES

    Elementary · Grades PK–5 · Clark County

    725 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.

Gross yield4.4%
Net yield (after ~40% expenses)2.7%
Annual rent$34,803

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.

Monthly payment$3,957
Loan principal$625,982
Down payment$156,496
Total interest paid$798,406

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.

Own : rent ratio1.74
Monthly cost to own$5,052
Monthly rent$2,900

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
97th percentile[1]
Rental yield
19th percentile[2]
Property tax
97th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 89138?
The typical home in 89138 is worth $782,478, based on the Zillow Home Value Index.
Are home values rising in 89138?
Home values in 89138 are down 0.3% over the past year, and up 6.8% a year over five years.
What is the typical rent in 89138?
A typical home in 89138 rents for about $2,900 a month, a gross rental yield of 4.4%.
What is the property tax rate in 89138?
The effective property tax rate in 89138 is 0.7% — roughly $5,283 a year on a typical home.
Who lives in 89138?
ZIP code 89138 has a population of 26,947 and a median household income of $161,645.

#Comparable ZIPs

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

  • Summerlin South CDP, NV

    Typical home
    $722,144
    Gross yield
    4.0%
  • Blue Diamond CDP, NV

    Typical home
    $694,534
    Gross yield
  • Paradise CDP, NV

    Typical home
    $628,153
    Gross yield
  • Henderson, NV

    Typical home
    $607,758
    Gross yield
    3.9%
  • Las Vegas, NV

    Typical home
    $541,027
    Gross yield
    4.5%
  • Henderson, NV

    Typical home
    $537,316
    Gross yield
    4.8%

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