Summerlin, NV Foreclosures
How much do homes sell for in Summerlin, NV?
The average home price is currently $1,890,527.
What’s the average rental cost in Summerlin, NV?
The average rental price in Summerlin is $2,608.
What is the most expensive home in Summerlin?
The most expensive home sold in Summerlin had a price of $13,692,191.
What is currently the cheapest priced home in Summerlin, NV?
The cheapest home for sale in Summerlin is priced at $348,500.
Living in Summerlin, NV
Summerlin is a thriving community in Las Vegas, known for its picturesque landscapes and suburban charm. With a plethora of outdoor activities, schools, and amenities, it provides residents with an ideal blend of convenience and lifestyle. The area is perfect for families and individuals seeking a peaceful yet engaging environment.
Current Market Conditions in Summerlin, NV
The real estate market in Summerlin has been robust, with prices steadily increasing over the past few months. There is a high demand for homes in the range of $400,000 to $800,000, driven by both families and retirees looking for quality living spaces. Moreover, the availability of new developments continues to attract buyers, making this community a hotspot for real estate investment.
Currently, the market is leaning towards being a seller's market, with inventory levels low and many properties receiving multiple offers. This trend is expected to continue as Summerlin remains a desirable location due to its amenities and lifestyle offerings.
Home Value Estimator For Summerlin, NV
There are currently 211 real estate properties
in Summerlin, NV,
with a median automated valuation model (AVM) price
of $753,647.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summerlin, NV, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Summerlin, NV,
is $1,890,527.00, with the most expensive house
in Summerlin, NV, topping out
at $13,692,191.00 and the cheapest home
in Summerlin, NV,
clocking in at $348,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summerlin, NV!
Rent Prices
In Summerlin, NV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summerlin, NV, is on
a rollercoaster ride. The
average rent price in Summerlin, NV,
is $2,608.00. Indeed, when looking to rent in
Summerlin, NV, you can expect to pay as little
as $1,350.00 or as much
as $4,580.00,
with the average rent median estimated to
be $2,330.00. The good news is that finding
an affordable and desirable property to rent in Summerlin, NV
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
