Sunrise Manor, Nevada Housing Market Prices
Sunrise Manor Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 19% below the Nevada median$288,848
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Median rent 13% below the Nevada median$1,397
Housing Market Overview
| Metric | Sunrise Manor | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $288,848 | $357,758 | $248,835 |
| Price Trend (Annual %) | 23.0% | 9.4% | 7.5% |
| Median Gross Rent | $1,397 | $1,597 | $1,407 |
| Rent Trend (Annual %) | 6.2% | 6.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sunrise Manor is about 19% lower than in Nevada. Rent is about 13% lower than the Nevada average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Sunrise Manor, up about 23.0% and 6.2% a year respectively. Home prices are changing faster.
Median rent in Sunrise Manor rose about 62.1% between 2015 and 2024, from $862 to $1,397. Over the same span, rent in Nevada rose about 64.3%.
Affordability
On average, housing unit costs 5.0 yearly household incomes in Sunrise Manor.
Buying the median-priced home in Sunrise Manor costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Sunrise Manor. The price-to-rent ratio in Nevada is about 18.7.
| Metric | Sunrise Manor | Nevada Avg | US Average |
|---|---|---|---|
| Median Home Price | $288,848 | $357,758 | $248,835 |
| Median Household Income | $58,192 | $78,637 | $80,455 |
| Price-to-Income Ratio | 5.0 | 4.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sunrise Manor rose about 379.1%, while median household income rose about 18.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Sunrise Manor | Nevada Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.2% | 54.4% | 58.5% |
| Rental Rate | 44.7% | 36.3% | 31.2% |
| Vacancy Rate | 9.1% | 9.3% | 10.2% |
| Median Tenure (years) | 11.0 | 12.0 | 15.0 |
| Median Year Moved In | 2015 | 2014 | 2011 |
Sunrise Manor has a homeownership rate of 46.2%, lower than the Nevada average of 54.4%. Its housing vacancy rate is 9.1%, compared with 9.3% in Nevada.
Housing Stock
| Metric | Sunrise Manor | Nevada Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.08 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1990 | 1993 | 1978 |
| Median Number of Rooms | 4.9 | 5.3 | 5.5 |
The typical housing unit in Sunrise Manor was built around 1990. On average, 3.1 people live in a home with about 4.9 rooms, staying for about 11.0 years on average.
Sunrise Manor, NV Housing Compared With Nearby Cities
Sunrise Manor, NV is the 2nd largest of the 5 cities compared here, 191,359 residents against a local median of 112,509. Nothing separates Sunrise Manor, NV sharply from the cities around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median home price, 6% below the local median at $288,848 against $308,393. Sunrise Manor, NV has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Sunrise Manor, NV | 191,359 | $288,848 #4/5 | $1,397 #3/5 | 50.8% #3/5 |
| Whitney, NV | 38,569 | $299,977 | $1,540 | 57.9% |
| Winchester, NV | 36,180 | $250,924 | $1,220 | 33.0% |
| North Las Vegas, NV | 280,670 | $360,656 | $1,702 | 63.3% |
| Paradise, NV | 186,450 | $316,809 | $1,367 | 41.1% |
Frequently Asked Questions
Common questions about the housing market in Sunrise Manor, Nevada.
What is the median home price in Sunrise Manor, Nevada?
The median home price in Sunrise Manor, Nevada is $288,848, lower than the Nevada average of $357,758.
What is the average home price in Sunrise Manor, Nevada?
The typical home price in Sunrise Manor, Nevada, reported as the median sale price, is $288,848. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Sunrise Manor, Nevada?
The median gross rent in Sunrise Manor, Nevada is $1,397 per month, lower than the Nevada average of $1,597.
What was the median gross rent in Sunrise Manor in 2020?
In 2020, the median gross rent in Sunrise Manor, Nevada was $992 per month.
What is the price-to-rent ratio in Sunrise Manor, Nevada?
The price-to-rent ratio in Sunrise Manor, Nevada is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Sunrise Manor.
Are home prices or rent rising faster in Sunrise Manor, Nevada?
Both home prices and rent are rising in Sunrise Manor, up about 23.0% and 6.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sunrise Manor, Nevada?
46.2% of households in Sunrise Manor, Nevada own their home, lower than the Nevada average of 54.4%.
What is the vacancy rate in Sunrise Manor, Nevada?
The housing vacancy rate in Sunrise Manor, Nevada is 9.1%, lower than the Nevada average of 9.3%.
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