HousingHandbookReference data

U.S. ZIP Code · NV89148

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

Typical home value

$473,766[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.9%
5-year / yr
+5.2%
10-year / yr
+6.3%

Relative price

vs U.S.
+66.8%
vs metro
+14.0%
vs state
+13.6%
ZIP 89148 location in NV
Location of ZIP 89148 in NV

Price history

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

The typical home in 89148 is worth $473,766 — 14.0% above the Las Vegas-Henderson-North Las Vegas, NV median. Over the past year, values have fallen 3.9%. Homes here rent for a typical $1,878 a month — a 4.8% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,878[2]
Gross yield
4.8%[2]
Cap rate
2.9%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$2,845[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
64,426[3]
Median household income
$96,696[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
7
Elementary
5
Middle
2
High
0
  • Faiss Wilbur & Theresa MS

    Middle · Grades 6–8 · Clark County

    1,252 students

  • Fertitta Victoria MS

    Middle · Grades 6–8 · Clark County

    1,216 students

  • Tanaka Wayne N ES

    Elementary · Grades PK–5 · Clark County

    733 students

  • Berkley Shelley ES

    Elementary · Grades PK–5 · Clark County

    725 students

  • Rogers Lucille S ES

    Elementary · Grades PK–5 · Clark County

    717 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 yield4.8%
Net yield (after ~40% expenses)2.9%
Annual rent$22,535

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$2,396
Loan principal$379,013
Down payment$94,753
Total interest paid$483,410

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 ratio1.61
Monthly cost to own$3,027
Monthly rent$1,878

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
43rd percentile[1]
Rental yield
42nd percentile[2]
Property tax
85th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 89148?
The typical home in 89148 is worth $473,766, based on the Zillow Home Value Index.
Are home values rising in 89148?
Home values in 89148 are down 3.9% over the past year, and up 5.2% a year over five years.
What is the typical rent in 89148?
A typical home in 89148 rents for about $1,878 a month, a gross rental yield of 4.8%.
What is the property tax rate in 89148?
The effective property tax rate in 89148 is 0.6% — roughly $2,845 a year on a typical home.
Who lives in 89148?
ZIP code 89148 has a population of 64,426 and a median household income of $96,696.

#Comparable ZIPs

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

  • Henderson, NV

    Typical home
    $473,307
    Gross yield
    4.7%
  • Boulder City, NV

    Typical home
    $472,938
    Gross yield
    3.6%
  • Las Vegas, NV

    Typical home
    $472,085
    Gross yield
    5.7%
  • Spring Valley CDP, NV

    Typical home
    $478,255
    Gross yield
    4.7%
  • Enterprise CDP, NV

    Typical home
    $478,562
    Gross yield
    5.9%
  • Henderson, NV

    Typical home
    $467,757
    Gross yield
    4.4%

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