89319, Ruth, NV

Ruth, Nevada is located in the Las Vegas metropolitan area. The zip code 89319 has a population of just over 10,000 people and an average home value of just over $200,000. Home equity in Ruth is relatively high compared to other zip codes in the Las Vegas metropolitan area. In fact, the average home equity in Ruth is nearly $100,000 higher than the average home equity in the Las Vegas metro area as a whole. This may be due to several factors including lower interest rates and increased demand for property within Ruth due to its close proximity to major tourist attractions like The Strip and Red Rock Canyon National Conservation Area.

Despite this high level of home equity, there have been some concerns raised about the stability of Ruth's housing market. In particular, there has been concern that low inventory levels could lead to price increases that are not sustainable over long periods of time. Additionally, there have been reports of mortgage fraud and other illegal activity related to real estate transactions in Ruth. While these concerns should not be taken as gospel truth, they do suggest that caution should be exercised when making decisions about buying or selling a property in Ruth.