89121, Las Vegas, NV

Las Vegas is a popular tourist destination for people from all over the world. The city has a population of more than two million people and is known for its casinos, nightlife, and beautiful scenery. Home prices in Las Vegas have increased significantly in recent years, making it one of the most expensive places to live in the United States.

The 89121 zip code covers much of the city's southern area. The median home price in this area was $269,000 as of September 2017. This is considerably higher than the national median home price of $197,500. In addition, home values in this area have grown faster than those across the rest of Las Vegas since 2013. This indicates that there is strong demand for housing in this area.

One reason why home prices have been so high in Las Vegas is that there are a limited number of available properties. The city has seen an influx of people over the past few years, which has led to an increase in demand for housing. In addition, many new developments are being built near downtown Las Vegas, which has also contributed to rising prices.

Despite these factors, there are some areas within the 89121 zip code where prices are lower than average. For example, homes located near UNLV (the University of Nevada) tend to be cheaper than those located further away from campus. Additionally, homes located on smaller streets or cul-de-sacs tend to be cheaper than those on larger streets or avenues.