Summerlin Home Appreciation Rates by Zip Code

Not all zip codes in Summerlin are appreciating at the same pace. Some areas are climbing rapidly while others have slowed significantly due to inventory shifts and buyer demand patterns. If you are buying a home or investing in Summerlin real estate, understanding appreciation at the zip code level gives you a much clearer picture than relying on community wide averages alone.

As a Summerlin real estate agent, Ryan Rose tracks these numbers closely for his buyers and investors. Below is a breakdown of current year over year appreciation by zip code as of early 2026.

89144: The Strongest Performer

Zip code 89144 leads all Summerlin zip codes with an 11.1 percent year over year appreciation rate and a current median home price of $575,000. This area covers parts of the established core of Summerlin, including portions near Downtown Summerlin and popular village communities. Strong demand from both primary residence buyers and investors continues to push values upward in 89144, making it one of the top performing zip codes in the entire Las Vegas valley.

89135: Premium Price, Steady Growth

The 89135 zip code posts a solid 4.6 percent year over year gain with a median price of $790,000. This area covers much of Summerlin West and some of the community's newer construction. Buyers in 89135 tend to be move up purchasers looking for larger homes, modern floor plans, and proximity to Red Rock Canyon. The appreciation here is steady and consistent, reflecting the long term desirability of the western edge of the community.

89128 and 89134: Solid Mid Range Growth

Zip code 89128 is appreciating at 4.2 percent year over year with a median of $391,000, making it the most affordable entry point in Summerlin. For investors, this zip code offers the best combination of lower acquisition cost and reliable appreciation. Meanwhile, 89134 is growing at 4.0 percent with a $520,000 median. Both of these zip codes represent the established heart of the community and continue to attract steady buyer interest.

89138: The Slowdown to Watch

The 89138 zip code tells a different story. Appreciation has cooled to just 0.6 percent year over year despite a high median price of $840,000. The primary driver behind this slowdown is a massive 86.7 percent surge in active inventory. New construction deliveries in Summerlin West have flooded the market in this zip code, giving buyers more options and reducing the urgency that fueled earlier price gains. This does not mean 89138 is a poor investment, but it does mean buyers here have significantly more negotiating power than they did a year ago.

Overall Summerlin Appreciation

Across the entire community, Summerlin appreciation sits at a healthy 9.8 percent year over year. That figure outpaces most submarkets in the Las Vegas valley and continues to reflect why Summerlin remains the top master planned community in Nevada. The key takeaway is that individual zip codes tell very different stories beneath that headline number.

For a broader look at pricing trends, see the full Summerlin home prices overview. If you are considering a purchase or investment in Summerlin, Ryan Rose at Rose Homes LV can walk you through the data for any zip code and help you find the right fit. Reach out to start the conversation.

Source: Redfin, Zillow, Las Vegas Realtors Association, rosehomeslv.com