Zip 89048 (Pahrump, NV) Housing

The housing situation in Pahrump, NV 89048 is quite prosperous. The median value of a house in the area is $324,100, which is slightly lower than the US median value of $338,100. However, the one year appreciation rate for houses in Pahrump is 10.34%, higher than the US average appreciation rate of 8.27%. This indicates that housing prices are increasing at a faster rate than the national average and could be a great investment opportunity for potential buyers.

The median home cost in Pahrump (zip 89048) is $324,100. Home appreciation the last 10 years has been 229.8%. Home Appreciation in Pahrump (zip 89048) is up 19.2%.

Average Age of Homes

- The median age of Pahrump (zip 89048) real estate is 20 years old

The Rental Market in Pahrump (zip 89048)

- Renters make up 22.8% of the Pahrump (zip 89048) population
- 0.8% of houses and apartments in Pahrump (zip 89048), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pahrump, Nevada	United States
	11,113.0	139,647,020.0
	23	42
	$324,100	$338,100
	19.2%	16.6%
	81.8%	57.0%
	229.8%	101.1%
	$5.16	$10.98
	$1,178	$2,690
	63.8%	57.4%
	10.6%	11.2%
	25.6%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.6%	0.4%
	5.9%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.0%	2.4%
	2.5%	2.8%
	4.5%	3.9%
	3.5%	4.5%
	13.6%	11.3%
	16.0%	13.0%
	33.6%	20.1%
	16.1%	13.6%
	5.5%	8.3%
	1.5%	9.7%
	0.1%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	39.6%	13.6%
	39.6%	13.6%
	34.6%	13.6%
	13.7%	13.2%
	6.3%	14.8%
	34.6%	13.6%
	1.1%	10.0%
	0.7%	4.7%
	0.0%	12.2%

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