- 📈 Las Vegas real estate remains competitive in 2024, with ZIP codes 89138, 89148, and 89052 leading home sales.
- 🏡 Suburban areas like Summerlin and Henderson continue to attract buyers due to quality schools, safety, and high property values.
- ⚠️ Rising interest rates haven’t slowed demand significantly, as new buyers and investors keep fueling market activity.
- 💰 Luxury properties in areas like 89135 experience steady appreciation, while more affordable neighborhoods see strong demand from first-time buyers.
- 🚀 Emerging neighborhoods with ongoing development present lucrative opportunities for long-term real estate investors.
The Growth of Las Vegas Real Estate in 2024
The Las Vegas real estate market continues its upward trajectory in 2024, driven by an influx of new residents, job growth, and increasing investor interest. The local housing sector has been fueled by a combination of factors, including a strong economy, relatively affordable home prices compared to major California cities, and appealing lifestyle advantages. As companies relocate to Southern Nevada and more remote workers seek space and tax-friendly benefits, demand for homes in key ZIP codes remains high. This article explores the top-selling ZIP codes in Las Vegas for 2024, examining what makes these areas prime real estate hotspots.
Methodology: How We Identified the Top-Selling ZIP Codes
To determine the top areas for home sales, we analyzed data from various reputable sources, including:
- Multiple Listing Service (MLS): Examining transaction volume by ZIP code.
- Public sales records: Reviewing recent home sale prices and trends.
- Real estate market reports: Identifying the fastest-growing neighborhoods.
- Demographic trends: Evaluating population growth and buyer demand.
We focused on metrics such as the number of homes sold, median sale prices, price appreciation rates, and overall demand levels. The ZIP codes listed below represent the strongest performers in Las Vegas real estate for 2024.
Top 5 Selling ZIP Codes in Las Vegas for 2024
1. ZIP Code 89138 (Summerlin Area)
- Median home price: Among the highest in Las Vegas, with consistent annual appreciation.
- Why it’s popular: Located in the master-planned Summerlin community, offering excellent schools, parks, and upscale amenities.
- Buyer profile: Families, professionals, and luxury homebuyers attracted to a suburban lifestyle with modern conveniences.
ZIP code 89138 is one of the most sought-after areas in Las Vegas, thanks to its high-quality developments, scenic mountain views, and community amenities. Homebuyers are drawn to the well-planned neighborhoods that feature elegant single-family homes, townhouses, and luxury estates. The presence of top-rated schools and recreational areas, including Red Rock Canyon, also contributes to its sustained popularity.
2. ZIP Code 89148 (Southwest Las Vegas)
- Growth factors: Rapid new home construction and community expansion.
- Key attractions: Nearby shopping centers, dining districts, and modern housing communities.
- Popular among: Young professionals, remote workers, and families seeking newer homes with contemporary designs.
Southwest Las Vegas has grown exponentially, with ZIP code 89148 at the center of this expansion. This area has witnessed a steady influx of new homebuyers thanks to its modern homes, convenient access to major freeways, and proximity to employment hubs. The increasing number of restaurants, entertainment venues, and commercial developments makes it a highly desirable place to live.
3. ZIP Code 89135 (Summerlin South)
- Market trend: Luxury housing market sees stable price appreciation.
- Location advantages: Close to high-end shopping, luxury resorts, and exclusive golf courses.
- Ideal for: Affluent buyers, retirees, and those seeking high-end Las Vegas real estate.
Summerlin South’s 89135 ZIP code remains a top choice for luxury homebuyers. Known for its gated communities and upscale estates, this area provides a blend of privacy, security, and premium living. The presence of world-class golf courses, including the famous Bear’s Best Las Vegas, contributes to its appeal among wealthy buyers and retirees.
4. ZIP Code 89052 (Henderson – Anthem & Seven Hills)
- Home sales growth: Strong interest from out-of-state buyers looking for affordability and safety.
- Why it’s in demand: Excellent school districts, lower crime rates, and master-planned communities.
- Who should consider it: Families, professionals, and retirees relocating from California and other high-cost states.
Located in Henderson, ZIP code 89052 ranks high among the best places to buy a home in Las Vegas. The area features a blend of affordable and high-end properties, ensuring a wide selection for different buyer demographics. With its proximity to parks, hiking trails, and family-friendly amenities, demand remains consistently high.
5. ZIP Code 89129 (Centennial Hills)
- Housing affordability: More budget-friendly compared to other high-demand ZIP codes.
- Development outlook: New commercial and residential projects contribute to future growth.
- Best suited for: First-time buyers and those looking for value-oriented housing options.
Centennial Hills, located in Northwest Las Vegas, offers some of the most affordable homes in the region while still maintaining strong demand. Homebuyers are drawn to its quiet neighborhoods, larger lot sizes, and evolving commercial developments. As Las Vegas expands, Centennial Hills remains a promising area for future property appreciation.
Market Trends Shaping Las Vegas Home Sales in 2024
Several key real estate trends are influencing home sales this year:
- Suburban migration: More buyers prefer master-planned communities over urban high-rises.
- New construction growth: Homebuilders are expanding projects to meet rising demand.
- Luxury market resilience: High-end properties in Summerlin and Henderson continue to appreciate steadily.
- Inventory challenges: Limited supply remains a key factor driving competition and property price increases.
Best ZIP Codes for Real Estate Investors in 2024
For investors, certain Las Vegas ZIP codes present great long-term potential:
- 89148 and 89052: These areas are strong for buy-and-hold investors due to high rental demand.
- Short-term rentals: Properties near major attractions see demand from short-term renters and vacationers.
- Emerging neighborhoods: Developing areas like Centennial Hills offer strong appreciation rates for early investors.
Advice for Buyers Looking to Purchase in High-Demand ZIP Codes
Buying in competitive Las Vegas ZIP codes requires preparation:
- Secure financing early: Pre-approval strengthens purchasing power in competitive markets.
- Work with an experienced real estate agent: A knowledgeable agent ensures faster deals and better opportunities.
- Act fast: High-demand homes sell quickly, so staying decisive is essential.
Las Vegas real estate in 2024 showcases strong home sales in specific ZIP codes, particularly in Summerlin, Southwest Las Vegas, and Henderson. Buyers continue to flock to areas with great schools, modern developments, and strong long-term growth potential. Whether you’re looking to invest or purchase a home, understanding these trends is key. If you’re considering buying or selling in one of these highly competitive areas, working with an experienced real estate professional can help you make informed decisions in this dynamic market.
FAQs
Which ZIP codes in Las Vegas have the highest home sales in 2024?
ZIP codes 89138, 89148, 89135, 89052, and 89129 have seen the highest home sales.
What factors are driving high sales in these areas?
Strong job growth, population influx, suburban demand, and new developments drive high sales.
How do home prices compare to previous years?
Las Vegas home prices continue to appreciate due to high demand and limited inventory.
What type of properties are selling the most?
Luxury homes in affluent areas and affordable homes in emerging neighborhoods are selling quickly.
Are these neighborhoods better for buyers or investors?
Both buyers and investors can benefit, with high-end areas offering stability and affordable zones providing strong growth potential.
What future trends can be expected in the Las Vegas housing market?
Continued price appreciation, new housing developments, and increasing demand from out-of-state buyers will shape the market.
Citations
- National Association of Realtors. (2024). Las Vegas housing demand remains strong due to affordability compared to California markets.
- Zillow. (2024). Las Vegas median home price appreciation rate.
- Redfin. (2024). Henderson ZIP code 89052 experiences significant growth due to more remote workers.
- Realtor.com. (2024). Inventories remain tight, with Las Vegas months of supply at competitive levels.