Explore Summerlin South, NV - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$915,000

Market Insights

The housing market in Summerlin South continues to see strong price appreciation, with values up 14.4% compared to last year. Home prices have increased 33.6% in the past month alone. With 4.1 months of supply, Summerlin South's inventory levels remain relatively tight. Homes are taking about 58 days to sell, which is -3 days longer than this time last year. Only 9.8% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Summerlin South market with the affordability index at 149.8. Based on current market indicators, home prices in Summerlin South are projected to decrease by approximately 5.2% over the next month.

Demographics market for - Summerlin South, NV

Total Population -

29,459

White Population

74.50%

Black Population

3.27%

Mexican64.35% (6.67% of total population)
Puerto Rican7.50% (0.78% of total population)
Cuban6.97% (0.72% of total population)
Dominican0.52% (0.05% of total population)
Salvadoran3.83% (0.40% of total population)
Costa Rican0%
Gautemalan2.23% (0.23% of total population)
Honduran0%
Nicaraguan1.37% (0.14% of total population)
Panamanian0%
Argentinean1.24% (0.13% of total population)
Bolivian0.26% (0.03% of total population)
Chilean0%
Colombian8.41% (0.87% of total population)
Ecuadorian0%
Peruvian3.31% (0.34% of total population)
Uruguyan0%
Venezuelan0%

Indian 2.85% (0.30% of total population)
Bangladeshi 0%
Chinese 29.59% (3.07% of total population)
Bhutanese 0%
Burmese 0%
Filipino 42.36% (4.39% of total population)
Hmong 0%
Indonesian 0.39% (0.04% of total population)
Japanese 7.89% (0.82% of total population)
Korean 14.86% (1.54% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0.62% (0.06% of total population)
Pakistani 2.32% (0.24% of total population)
Srilankan 0%
Taiwanese 1.96% (0.20% of total population)
Pakistani 2.32% (0.24% of total population)
Srilankan 0%
Taiwanese 1.96% (0.20% of total population)
Thai 1.34% (0.14% of total population)
Vietnamese 4.03% (0.42% of total population)

Hawaiian0.69% (0.07% of total population)
Samoan0%
Chamorro0.98% (0.10% of total population)
Fijian0.16% (0.02% of total population)
Marshallese0%

Crime for - Summerlin South, NV

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Real Estate Market Prediction for - Summerlin South, NV

City Hotspots
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