US5.com
  1. Home
  2. States
  3. Nevada
  4. ZIP 89048
  5. Housing & Real Estate
Pahrump CDP, NV

ZIP 89048 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89048

Median Home Value
$292,400
Median Rent
$907
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,878/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

26.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89048 in Pahrump CDP, NV, a household would need roughly $80,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,878. That is about 44% above the local median household income ($55,747), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.5%+11% vs US avg
x
Vacancy Rate
11.6%+13% vs US avg
x
Broadband Access
82.1%-6% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
1.2%-82% vs US avg
x
Rent Burden >30%
28.9%-42% vs US avg
x
Mortgage-Free
45.9%+20% vs US avg
x
$292,400
Home Value
$907
Rent
1998
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.3%
  • 1-unit attached2.2%
  • 2-9 units9.8%
  • 10+ units1.4%
  • Mobile home & other28.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$292,400
Median rent$907
Owner-occupied72.5%
Vacant11.6%
Price-to-income5.2x
Est. income to buy$80,000