US5.com
  1. Home
  2. States
  3. Nevada
  4. ZIP 89135
  5. Housing & Real Estate
Summerlin South CDP, NV

ZIP 89135 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89135

Median Home Value
$657,300
Median Rent
$2,192
Affordability Snapshot
$181,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,222/mo PITI).

23%
Rent-to-Income Ratio

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

5.7x
Home Price-to-Income Ratio

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

25.0 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 89135 in Summerlin South CDP, NV, a household would need roughly $181,000 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 $4,222. That is about 57% above the local median household income ($115,362), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.2%+12% vs US avg
x
Vacancy Rate
8.5%-17% vs US avg
x
Broadband Access
92.9%+7% vs US avg
x
4+ Bedrooms
7.8%-48% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
3.5%-49% vs US avg
x
Rent Burden >30%
25.4%-49% vs US avg
x
Mortgage-Free
35.4%-7% vs US avg
x
$657,300
Home Value
$2,192
Rent
2006
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached78.0%
  • 1-unit attached6.0%
  • 2-9 units6.7%
  • 10+ units9.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$657,300
Median rent$2,192
Owner-occupied73.2%
Vacant8.5%
Price-to-income5.7x
Est. income to buy$181,000