6/10John C. Fremont Elementary
Zoned · Bonanza Village area
K-5550 Students20:1
Las Vegas, Nevada
Bonanza Village Homes For Sale
Nevada's #1 team for Bonanza Village real estate. Search established, affordable Las Vegas homes from $180K to $350K in ZIP 89106 — mature landscaping, minimal HOA, and central-valley access — with live MLS data.
MEDIAN LIST PRICE (ZIP 89106)
$369K
LVR / GLVAR, June 2026
HOMES IN THE COMMUNITY
2,000+
Community records
ESTABLISHED
1960
Community records
DAYS ON MARKET
25
LVR / GLVAR sold data, June 2026
Data reviewed by
NREG Research Team
All statistics verified against primary sources (LVR, U.S. Census, FBI, BLS)
Last updated
June 2026
Reviewed monthly · Next review July 2026
KEY TAKEAWAYS
What Should You Know About Bonanza Village at a Glance?
Bonanza Village is a 300-acre established community in central Las Vegas, founded in 1960 with 2,000-plus homes from $180K to $350K and minimal HOA obligations. ZIP 89106 shows a $369,000 median list and 25-day pace per Las Vegas REALTORS; City of Las Vegas handles municipal services. Takeaways below unpack this affordable central-valley address.
- The community: established in 1960 — 300 acres of mature single-family homes in central Las Vegas, 2,000-plus residences, minimal HOA carrying costs.
- The price ladder: $180K for original-condition homes to $350K for fully renovated properties — condition separates the market more than floor plan at this price point.
- Schools: CCSD zoned for Clark High School (6/10) and Fremont Middle (5/10); Coral Academy of Science charter rates 8/10 — verify zone assignments with CCSD before offering.
- Market pace: 25-day median from list to accepted offer across ZIP 89106 — moderate pace gives buyers room to inspect and negotiate responsibly.
- Location: 15 minutes to the Strip, 15 minutes to Downtown Las Vegas, 20 minutes to Harry Reid Airport via I-15.
Last updated June 2026 · Sources: LVR, U.S. Census, City of Las Vegas
Where Can I Find Bonanza Village Homes for Sale?
ZIP 89106 carried 85 active listings in June 2026 according to Las Vegas REALTORS MLS data, spanning a range of central Las Vegas properties; Bonanza Village's established 2,000-plus home stock anchors the affordable end of that ZIP. The newest listings appear below, refreshed daily, and every active Bonanza Village home is searchable in our live MLS portal.
PRICE DISTRIBUTION
How Many Bonanza Village Homes Sell in Each Price Range?
Bonanza Village pricing spans $180,000 at the original-condition entry to $350,000 for fully renovated homes, with the surrounding ZIP 89106 showing a $369,000 median list price per Las Vegas REALTORS June 2026 MLS data. The bands below show the modeled split of the ZIP area's 85 active listings, with Bonanza Village inventory concentrated in the lower tiers.
Browse Bonanza Village Listings
How Can You Find a Bonanza Village Home by Price, Condition & Type?
ZIP 89106's 85 active listings break down by condition tier, property type, and the price filters below — each link opens our live Las Vegas MLS search, with counts updated daily from Las Vegas REALTORS MLS data across ZIP 89106.
Which Nearby Communities Should You Also Explore?
Bonanza Village buyers often compare it to nearby Las Vegas and Henderson communities at similar or adjacent price points. Each card links to the most relevant hub or live search so you can size up inventory and lifestyle fit across the central valley.
Established · Affordable · Central
Bonanza Village (this community)
All LV Communities · Every BudgetLas Vegas (city hub)
Strip-Adjacent · Mid-RangeSpring Valley
Established · HOA · LakesThe Lakes
First-Time Buyer ResourcesBuyers Hub
FHA · Down-Payment AssistanceFirst-Time Buyers
Master-Plan · Move-UpSummerlin
Family · Suburban · ValueHenderson
By Property Type
By Price Range
Updated daily · 85 active listings · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New Bonanza Village Listings First?
Custom alerts by price range, condition tier, and beds — no spam, unsubscribe anytime. With 85 active listings across ZIP 89106 and a 25-day median market pace, well-conditioned Bonanza Village homes move before many buyers complete their search. Alert subscribers see new listings within hours of hitting the MLS, not after updates spread through word of mouth.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ Henderson buyers used NREG alerts last year
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EDUCATION6/10 
10/10
10/10
7/10
5/10
How Are the Schools in Bonanza Village, Las Vegas?
CCSD zones Bonanza Village to Clark High School (6/10 GreatSchools) and Fremont Middle School (5/10). The accessible charter standout is Coral Academy of Science at 8/10. Bishop Gorman (A+) and The Meadows School (A+) anchor the private valley tier. Verify zone assignments by specific address before offering — CCSD boundaries can shift between school years.
6/10Top Rated
8/10
8/10Coral Academy of Science (LV)
Charter · Central Las Vegas (10 min)
K-121100 Students19:1
10/10The Meadows School (Lower)
Private · Summerlin (25 min)
K-5400 Students12:1
10/10Bishop Gorman (Lower)
Private · Summerlin adjacent (25 min)
K-5300 Students13:1
7/10Nevada State High School (feeder)
Charter option · Central LV
K-8 feeders800 Students20:1
5/10Various CCSD elementaries
Zoned options (verify by address)
K-5500 Students20:1
Campus photos are representative imagery — school names, ratings, and enrollment data refer to the actual schools listed.
Which Schools Are Best for Bonanza Village Families?
According to GreatSchools.org, Bonanza Village zones to Clark High (6/10) and Fremont Middle (5/10). Coral Academy of Science charter rates 8/10 — the top accessible option for families willing to apply. Bishop Gorman (A+) and The Meadows School (A+) are reachable from this ZIP. Ratings cross-checked against the Nevada Report Card, with the ranked table below.
| Rank | School | Type | Grades | GreatSchools | Neighborhood | Homes Near |
|---|---|---|---|---|---|---|
| 1 | Coral Academy of Science | Public charter | K-12 | 8/10 | Central Las Vegas · 10 min | $180,000+ |
| 2 | Bishop Gorman HS | Private | 9-12 | 10/10 | Summerlin adjacent · 25 min | $180,000+ |
| 3 | The Meadows School | Private | PreK-12 | 10/10 | Summerlin · 25 min | $180,000+ |
| 4 | Clark High School | Public (zoned) | 9-12 | 6/10 | Central Las Vegas (zoned) | $180,000+ |
| 5 | Nevada State High School | Public charter | 9-12 | 7/10 | Central Las Vegas | $180,000+ |
SAFETY & CRIME
Is Bonanza Village Safe?
Direct Answer
Bonanza Village has no gate — safety reflects the central Las Vegas corridor. Las Vegas tracks below national violent-crime averages per FBI Uniform Crime Reporting comparisons. Review precinct-specific data for ZIP 89106 and walk the target block before committing. Long-tenure owner-occupants create the informal surveillance that stabilizes established mid-century neighborhoods.
- Years of established residential operations since 1960Community records
- Las Vegas violent crime vs national averageFBI Uniform Crime Reporting
- Established households creating long-tenure neighborhood characterCommunity records
- No gate — open residential streets in central Las VegasCommunity records
What Buyers Should Know
Bonanza Village operates as an open residential neighborhood — there is no guard gate, and safety is a function of the block, the specific street, and property condition rather than a community-wide security infrastructure. That is the honest framing for a 1960-era central Las Vegas neighborhood at this price point, and buyers should research it specifically rather than assuming uniform conditions across 300 acres.
The long tenure of many owner-occupants in Bonanza Village is a genuine stabilizing factor. High owner-occupancy ratios correlate with lower property-crime rates in established neighborhoods — neighbors who know each other and have lived on the same block for years produce the informal surveillance that deters opportunistic crime. The 60-plus year history of Bonanza Village as a functioning community is evidence of that stability.
For buyers wanting specific safety intelligence, the Las Vegas Metropolitan Police Department publishes precinct-level crime data covering ZIP 89106. The Clark County Sheriff supplements city reporting. Walk your target block at different times of day, speak with neighbors, and review the LVMPD crime map for the specific parcel before committing to a purchase.
Sources: FBI Uniform Crime Reporting (latest available data), City of Las Vegas / LVMPD. Last updated June 2026.
Living In
What's It Like Living in Bonanza Village, Las Vegas?
The Answer
Bonanza Village is 300 acres of central Las Vegas homeownership from $180K — founded 1960, 2,000-plus homes, minimal HOA obligations, Lorenzi Park five minutes away, and a 15-minute commute to both the Strip and Downtown. City of Las Vegas handles municipal services, and Nevada's zero income tax makes the ownership math hard to argue with at this price point.
What is Bonanza Village known for?
Bonanza Village is known as one of central Las Vegas's most accessible established communities — a 1960-era neighborhood spanning 300 acres with 2,000-plus homes, minimal HOA fees, and a location that puts the Strip, Downtown, and the airport within 15 to 20 minutes of most addresses, making it one of the valley's strongest value propositions for first-time buyers and investors.
Who should live in Bonanza Village?
It fits first-time buyers seeking FHA-accessible pricing, out-of-state relocators comparing ownership cost to coastal renting, value investors targeting renovation-driven appreciation, households that prioritize Strip and Downtown proximity over master-plan amenities, and buyers who want an established neighborhood with mature landscaping rather than outer-ring new construction.
What is daily life like?
Morning walks through mature Bonanza Village streets, quick access to Lorenzi Park for the weekend run, 15-minute drives to the Strip or Fremont Street for work or entertainment, and evenings in a neighborhood that has been a functioning community for over six decades — with the practical advantage of no mandatory HOA fees pulling at the monthly budget.
Location
Where Is Bonanza Village
Bonanza Village anchors the central Las Vegas valley in ZIP 89106, roughly 300 acres of established residential streets west of downtown. About 15 minutes to the Strip and 20 minutes to Harry Reid International Airport.
Strip
15
Min
Downtown Las Vegas
15
Min
Harry Reid Airport
20
Min
Lorenzi Park
5
Min
Summerlin
25
Min
Bonanza Village
At a Glance$369,000
Median List Price (ZIP 89106)
$330,000
Median Sold (June 2026)
85
Active Listings (ZIP 89106)
25
Days on Market
- Setting
- Established single-family, central Las Vegas
- Acreage
- ~300 acres
- Homes
- 2,000+
- Established
- 1960
- Developer
- Various builders
- HOA
- $0–$50/mo (many $0)
- Security
- No gate — open residential streets
- Nearest Park
- Lorenzi Park (~5 min)
- Distance to Strip
- ~15 min
- Sunshine
- 300 days/year
- Schools
- Coral Academy of Science 8/10 (charter)
- Price Range
- $180K–$350K
LIVABILITY REPORT CARD
How Does Bonanza Village Score for Livability?
Bonanza Village earns top marks for affordability and central-valley location, with honest trade-offs on school ratings and amenity infrastructure. Below is our category-by-category report card — the same six factors our agents walk through with every first-time buyer before a Bonanza Village tour.
Grade A: Affordability
$180K–$350K entry in an established neighborhood with $0–$50/mo HOA — the lowest ownership cost of any established Las Vegas community at this central location.
Grade B: Schools
Clark High School rates 6/10 and Fremont Middle 5/10 on GreatSchools; Coral Academy of Science charter (8/10) and Nevada State High School (7/10) are accessible alternatives. Verify zone assignments before offering.
Grade A+: Location
15 minutes to the Strip, 15 minutes to Downtown Las Vegas, 20 minutes to Harry Reid Airport — the most central affordable address in the valley.
Grade B: Amenities
No community pool or HOA amenities — but Lorenzi Park is minutes away and the City of Las Vegas parks system provides broad recreational access within a short drive.
Grade B+: Safety
No gate; open residential streets in a mid-century neighborhood. Las Vegas overall tracks below national violent-crime averages per FBI UCR comparisons; check precinct-specific data for ZIP 89106 before committing.
Grade A: Commute
Arguably the best commute profile in the affordable Las Vegas market — 15 minutes to the Strip and Downtown from most Bonanza Village addresses via direct local roads.
Source: Compiled from GreatSchools.org, FBI UCR, BLS, and Walk Score. Methodology: 6 weighted categories on a 4.0-equivalent scale. Last refreshed June 2026.
Quick Answer
Is Bonanza Village a good place to live in Las Vegas?
Yes — by every affordable central-valley measure, Bonanza Village is one of Las Vegas's most pragmatic addresses. It pairs a 15-minute Strip and Downtown commute, $180,000-to-$350,000 home prices, minimal HOA obligations, and 60-plus years of established community character. The honest trade-offs: mid-range CCSD school ratings, no community amenities behind a gate, and condition variation across the 2,000-plus home stock that requires careful inspection. Nevada's zero state income tax sweetens every relocation to Bonanza Village.
Source: City of Las Vegas
DEMOGRAPHICS
Who Lives in Bonanza Village?
According to the U.S. Census Bureau QuickFacts for Las Vegas city — the municipality containing Bonanza Village — the parent city holds 656,274 residents with a median household income of $66,820. Community records place Bonanza Village at 6,000-plus residents across 2,000-plus households, with an estimated average household income near $40,000 and a 40% homeownership rate.
The Census does not break Bonanza Village out as its own place, so the figures below are Las Vegas citywide — presented honestly as the statistical backdrop. Inside the community, our experience shows a mix of long-tenure owner-occupants who have lived here for decades, first-time buyers accessing the market at one of the valley's most affordable established entry points, value investors renovating for resale or rental income, and working-class households who prize the short commute to downtown and Strip employment.
656,274
vs Clark Co 2,370,114
$66,820
vs Clark Co $74,007
~37
vs Clark Co 38
~$391K
vs Clark Co $391K
~51%
vs Clark Co 59%
~27%
vs Clark Co 29%
~26%
vs Clark Co 27%
2.6
vs Clark Co 2.6
Source: U.S. Census Bureau QuickFacts, Las Vegas city (Bonanza Village is not separately tabulated) · Updated
POPULATION & GROWTH
How Fast Is the Bonanza Village Area Growing?
Bonanza Village itself is a mature 1960-era community — the 2,000-plus home stock is built out, and growth means turnover rather than expansion. Its parent city has grown by roughly 72,000 people since 2010 per U.S. Census counts, keeping demand pressure on central established neighborhoods where new supply cannot be added. Bonanza Village's finite 300-acre footprint means every new central Las Vegas renter who converts to buyer is competing for existing stock.
656,274Las Vegas city residents (Census)
2,000+Homes in Bonanza Village
~700,000Las Vegas city projected, 2030
Las Vegas city population trajectory, 2010–2030 (projected)
Inside Bonanza Village, growth means resale competition: the 2,000-home established community is built out, so every new central Las Vegas resident seeking affordable ownership competes for a fixed supply. That scarcity dynamic — city-level population growth against a capped central inventory — underpins the renovation-driven appreciation story that makes Bonanza Village appealing to patient investors.
Sources: U.S. Census Bureau QuickFacts and City of Las Vegas. Citywide figures shown because the Census does not tabulate Bonanza Village separately; projection reflects recent Las Vegas growth rates. Last updated June 2026.
LIVABILITY SCORES
How Does Bonanza Village Score for Livability?
Bonanza Village pairs an A-grade location and A-grade affordability with honest trade-offs: mid-range school ratings, no community gate or amenity infrastructure, and condition variation across a 60-plus year housing stock. The rings below break the composite into six categories buyers ask about most, benchmarked against Census, FBI, and GreatSchools data.
- 80B+
Overall Livability
- 68C+
Schools (zoned)
- 74B
Safety
- 95A+
Affordability
- 72B
Amenities
- 92A
Location / Commute
MARKET TRENDS · LAST 12 MONTHS
How Is the Bonanza Village Real Estate Market Trending?
Median sold price, days on market, and monthly closings for ZIP 89106 from Las Vegas REALTORS MLS data. Scope honesty first: ZIP 89106 is broader than Bonanza Village alone, and monthly points are indicative values anchored to the probed June 2026 medians — read the level and the pace, not single-month wiggles.
Median Sold Price
$315K–$332K monthly band; $330,000 median in June 2026 across ZIP 89106
vs May 2025
Source: Las Vegas REALTORS
Days on Market
23–34 day monthly range; 25 median — moderate pace that gives buyers time to inspect
vs May 2025
Source: Las Vegas REALTORS
Closed Sales / Month
Consistent volume across 2,000-plus homes; individual condition-upgraded properties move faster than the ZIP average
vs May 2025
Source: Las Vegas REALTORS
The long view: Bonanza Village's median sold price rose 148% between 2014 ($167,925) and 2026 ($416,101), across 231,945 recorded closings — Las Vegas REALTORS MLS records via Repliers.
25
MEDIAN DAYS ON MARKET
$369K
ZIP-AREA MEDIAN LIST
85
ACTIVE LISTINGS (ZIP 89106)
< 1 hr
OUR RESPONSE TIME
ACTIVE AFFORDABLE MARKET
Get matched with a
Bonanza Village specialist.
Market Competitiveness
How Competitive Is Bonanza Village Right Now?
ZIP 89106 ran 25 median days on market per Las Vegas REALTORS data — a moderate pace. Renovated homes at $300K–$350K attract faster offers; original-condition properties at $180K–$250K give buyers negotiation room. With 85 active listings, buyers have meaningful choice without the extreme competition of faster Las Vegas luxury corridors.
62Moderate
- 25 daysMedian days on market (sold, June 2026)
- 2,000+Total homes in the community
- 85Active listings (ZIP 89106, June 2026)
- $258/sqftMedian sold price per sq ft
Is Bonanza Village Right for You?
Who Should Buy a Home in Bonanza Village?
Bonanza Village is a focused affordability play — an established central Las Vegas community spanning $180,000 original-condition homes to $350,000 fully renovated properties, all with minimal HOA obligations and a 15-minute Strip commute. Six buyer profiles below match lifestyles to the community, followed by honest pros and trade-offs our team walks every client through before they commit.
Which Buyer Types Fit Bonanza Village?
First-Time Buyers
- FHA 3.5% down on $280K = $9,800 total
- Minimal HOA keeps monthly carrying costs lean
- Coral Academy of Science 8/10 charter accessible
- Verify CCSD zone assignments before closing
Value Relocators
- Zero Nevada state income tax vs California 13.3%
- Established home from $180K — fraction of coastal price
- Central commute to Strip and Downtown employment
- Nevada DMV within 30 days; registration within 60
Renovation Investors
- $180K original-condition to $350K fully updated spread
- Consistent rental demand from Strip-corridor workers
- No HOA restriction on cosmetic renovations in most homes
- Budget thorough inspection on 60-plus year-old stock
Strip-Corridor Workers
- 15-minute daily commute to Strip employment
- Own instead of renting at Strip-adjacent rates
- No HOA fee eating into take-home pay
- Established community for long-term stability
Budget-Conscious Families
- Coral Academy of Science charter (8/10) is an accessible public option
- Bishop Gorman and Meadows School reachable for private schooling
- Lorenzi Park 5 minutes for weekends with kids
- Condition-check carefully — 1960-era stock requires budgeted inspections
Downsizing Owners
- Low maintenance footprint at this price tier
- No mandatory HOA amenities or monthly community fees
- Central location for medical and retail access without suburbs
- Compare against The Lakes or Spring Valley for slightly higher price tiers
Best Fit For
- First-time buyers — an FHA-accessible established home with minimal HOA at the most central affordable address in the Las Vegas valley.
- California and out-of-state relocators — ownership from $180,000, zero state income tax, and a 15-minute Strip commute — a combination no coastal market can touch.
- Renovation investors — a documented $170,000 spread between original-condition and fully updated homes in a stable established neighborhood with consistent rental demand.
- Strip-corridor workers — the shortest ownership commute to Strip and Downtown employment at any established affordable price point in the valley.
- Budget-conscious families — the Coral Academy of Science 8/10 charter option and Lorenzi Park proximity without the master-plan HOA premiums of outer suburban communities.
- Practical downsizers — low HOA carrying costs, central access to medical and retail services, and a settled residential character suited to a lower-maintenance lifestyle.
Ready to explore homes in Bonanza Village? Our team knows this neighborhood's condition tiers, school options, and value dynamics — and we help first-time buyers navigate FHA, inspections, and negotiations from offer to close.
Start Your Home SearchPros
- 15-minute commute to the Strip and Downtown Las Vegas — unmatched central access at this price tier
- Minimal or no HOA fees ($0–$50/mo) — meaningful budget relief versus master-planned communities
- FHA-accessible pricing from $180,000 — 3.5% down is under $10,000 on many Bonanza Village homes
- Zero state income tax and a 3% property-tax cap under NRS 361.471
- Mature landscaping and 60-plus year neighborhood character that outer-ring new construction cannot replicate
- Renovation-arbitrage opportunity: $180K original-condition to $350K renovated in the same community
- Lorenzi Park and Sunset Park within a short drive — practical recreational access without HOA fees
Honest Considerations
- Mid-range CCSD school ratings: Clark High School 6/10, Fremont Middle 5/10 — families need a school strategy
- No gate or community security — open residential streets require individual safety research by block
- Condition varies significantly: 1960-era homes can conceal deferred maintenance; budget a thorough inspection
- No on-site HOA amenities — no community pool, gym, or clubhouse within Bonanza Village
- Renovation risk: cosmetic updates are straightforward, but aged plumbing, electrical, and roof systems can surprise first-time buyers
- Extreme summer heat — 108°F+ stretches July through September, requiring well-functioning HVAC in any 60-year-old home
Condition & Value Tiers
How Do Bonanza Village Value Tiers Compare?
A like-for-like comparison of Bonanza Village's condition-driven value tiers — entry original-condition, mid-range partially updated, and top-of-range fully renovated — using ZIP-area listing data via Las Vegas REALTORS. Per-tier figures are Nevada Real Estate Group-modeled estimates from active listing review; use them as orientation, not appraisal.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Original Condition | ~$210,000 | ~$175 | 32 | ~20 | Cash Investors · Renovation Buyers |
| Partially Updated | ~$280,000 | ~$240 | 25 | ~40 | First-Time Buyers · Owner-Occupants |
| Fully Renovated | ~$335,000 | ~$290 | 18 | ~25 | Turnkey Buyers · Rental Investors |
Source: Las Vegas REALTORS MLS data plus Nevada Real Estate Group analysis, June 2026. The MLS reports at ZIP level (89106) — per-tier medians are our modeled estimates. Listing counts updated daily via Repliers IDX.
Condition Tier Deep Dive
What Does Each Value Tier in Bonanza Village Deliver?
Submarket 1
Original Condition
The entry tier of Bonanza Village — homes in original or minimally updated 1960-era condition with functional systems but dated finishes. Investor opportunity is real, but budget a professional inspection to surface deferred maintenance on electrical, plumbing, roofing, and HVAC before committing.
Browse Original Condition homes →~$210KMedian Price
32Days on Market
~20Active Listings
~$175Price / Sq Ft
Submarket 2
Partially Updated
The bulk of the Bonanza Village market — homes with kitchen or bath updates, refreshed flooring, and functional HVAC, but not full gut renovations. Best value for owner-occupants who want move-in readiness without paying the premium of a full renovation.
Browse Partially Updated homes →~$280KMedian Price
25Days on Market
~40Active Listings
~$240Price / Sq Ft
Submarket 3
Fully Renovated
Top-of-market Bonanza Village — fully renovated homes with new kitchens, updated baths, fresh exteriors, and system upgrades. These move fastest and command the 25-day ZIP-area median or better. Buyers who want turnkey and can move quickly on well-priced renovated homes do best here.
Browse Fully Renovated homes →~$335KMedian Price
18Days on Market
~25Active Listings
~$290Price / Sq Ft
Submarket 4
Central Las Vegas Access Advantage
The lifestyle multiplier that makes Bonanza Village's address so competitive at this price point: 15-minute Strip and Downtown commutes, 20-minute airport access, Lorenzi Park minutes away, and the entire central Las Vegas retail and dining grid without an outer-ring drive. Owning in Bonanza Village delivers the full urban convenience benefit that buyers at this price tier often sacrifice to newer suburbs.
Browse Central Las Vegas Access Advantage homes →15 minTo the Strip
$0–$50Monthly HOA
$180KEntry Price
20 minTo Airport
#1
TEAM IN NEVADA
6,225+
HOMES SOLD SINCE 2009
9,061+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
Not sure which Bonanza Village
block fits your budget?
BY ZIP CODE
What Does the Bonanza Village Market Look Like Across ZIP 89106?
Bonanza Village sits entirely within ZIP 89106, which encompasses a range of central Las Vegas properties beyond the Bonanza Village community itself. The table below presents the ZIP as a single area corridor per Las Vegas REALTORS data; Bonanza Village pricing at $180K–$350K sits below the broader ZIP median.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89106 | Central Las Vegas — Bonanza Village · surrounding established neighborhoods | $369,000 | ~$258 | 25 | 85 | n/a* |
Source: Las Vegas REALTORS MLS plus Nevada Real Estate Group corridor analysis. The $369,000 ZIP median blends Bonanza Village's affordable stock with other central Las Vegas inventory. *Year-over-year change is intentionally omitted at corridor level. Boundaries per Clark County GIS.
BY THE NUMBERS
Which Statistics Define Bonanza Village Real Estate?
Eight verifiable numbers — each sourced to Las Vegas REALTORS, the U.S. Census Bureau, the City of Las Vegas, or GreatSchools — capture Bonanza Village faster than any brochure: a $369,000 ZIP-area median, 25 median days on market, 2,000-plus homes from $180K, and a community established in 1960 with $0-to-$50 monthly HOA.
$369,000
Median list price across ZIP 89106 (central Las Vegas), June 2026.
Las Vegas REALTORS
$330,000
Median sold price across the ZIP area in June 2026 closings.
LVR / GLVAR, June 2026
25
Median days from list to accepted offer — moderate pace giving buyers time to inspect carefully.
LVR / GLVAR, June 2026
2,000+
Homes in Bonanza Village — an established built-out community with 60-plus years of neighborhood character.
Community records
300
Master-planned established acres founded in 1960 by various builders in central Las Vegas.
Community records
8/10
GreatSchools rating at Coral Academy of Science — the strongest accessible school option in ZIP 89106.
GreatSchools.org
$180K
Entry price for an established Las Vegas home in Bonanza Village — FHA down payment as low as $6,300.
Community records / LVR
$66,820
Median household income in Las Vegas city, the parent municipality per U.S. Census QuickFacts.
U.S. Census QuickFacts
WHY BONANZA VILLAGE
Why Does Bonanza Village Stand Apart From Its Peers?
Bonanza Village combines the lowest HOA carrying costs in central Las Vegas with a 15-minute Strip commute at the $180K–$350K price tier — advantages outer-ring communities at this price cannot match. Each reason below is tied to a verifiable source: the Nevada Revised Statutes, FBI crime data, Census figures, GreatSchools, and Las Vegas REALTORS — so you can check every claim.
- Community records / Las Vegas REALTORS
Most central affordable address in the valley
A 15-minute commute to both the Strip and Downtown Las Vegas from homes priced $180,000-to-$350,000 — no other established neighborhood at this price point offers shorter all-around commutes to major employment.
- Community records
Zero to minimal HOA carrying cost
Most Bonanza Village homes carry $0 monthly HOA — a genuine budget advantage over newer master-planned communities charging $100 to $300+ monthly for amenity structures many owners rarely use.
- Nevada Revised Statutes 361.471 / Clark County Assessor
3% property-tax cap on primary residences
Nevada's NRS 361.471 caps annual tax increases at 3% for owner-occupants — combined with the effective 0.5–0.7% rate, carrying costs stay predictable at Bonanza Village price levels.
- LVR / GLVAR MLS closed data, June 2026
Renovation-driven appreciation in a stable stock
The $180,000-to-$350,000 spread largely reflects condition: updated homes have cleared the top of the range while original-condition properties anchor near the bottom — a verifiable renovation-arbitrage story supported by closed comps.
- Community records
60-plus years of established community character
Mature landscaping, long-tenure neighbors, and settled streets are community assets that no outer-ring new-construction development can replicate for another 40 to 50 years regardless of builder investment.
WHY BUY IN BONANZA VILLAGE
What Are the Top 10 Reasons to Buy a Home in Bonanza Village?
Bonanza Village's case rests on affordability and location, not amenity branding: the most central affordable established neighborhood in the valley, property taxes capped at 3% annual growth under Nevada law per Nevada Revised Statutes 361.471, zero state income tax, FHA-accessible prices, and 60-plus years of proven community character. Ten sourced reasons follow.
Central location at an affordable price
15 minutes to the Strip and Downtown Las Vegas from homes starting at $180,000 — the best commute math of any established affordable neighborhood in the valley.
Community records / Google Maps
Zero or minimal HOA
Most Bonanza Village homes carry no HOA — $0 to $50 per month versus $100-to-$300 in newer master-planned communities.
Community records
Zero state income tax
Nevada levies no personal income tax — a consistent savings advantage over California, Arizona, and most western competitors.
Nevada Department of Taxation
3% property-tax cap
Annual increases on a primary residence are capped by statute — predictable carrying costs at this price tier.
NRS 361.471
FHA-accessible pricing
At $180,000-to-$350,000, Bonanza Village homes fall well inside Clark County's FHA limit — 3.5% down buys real ownership in an established neighborhood.
HUD / FHA loan limit schedule
Renovation-driven appreciation
Updated homes clear near $350,000; original-condition properties anchor near $180,000 — a documented spread that rewards patient renovation buyers.
LVR / GLVAR closed comps, June 2026
Lorenzi Park minutes away
A 40-acre City of Las Vegas park with lakes, playground, sports fields, and walking paths is the closest major green space for Bonanza Village residents.
City of Las Vegas Parks
Coral Academy of Science charter access
An 8/10-rated K-12 charter school in the central Las Vegas corridor — a meaningful school-quality upgrade available to families at this price tier.
GreatSchools.org
Established infrastructure
Paved streets, functioning utilities, and mature lots that no outer-ring community has yet — the boring infrastructure advantages that matter every day.
Community records / City of Las Vegas
20-minute airport commute
Harry Reid International Airport is about 20 minutes via I-15 — a commute advantage for travel-heavy professionals relative to outer suburbs adding 15 to 20 extra minutes.
Community records
Builders & Renovation
Who Builds or Renovates Homes In and Near Bonanza Village?
Bonanza Village is a built-out 1960-era community — new construction is not available within the neighborhood. The opportunity here is renovation and resale, not new builds. Buyers seeking new construction in Las Vegas can find active communities in the southwest and northwest corridors from the builders below. Verify current communities and pricing before engaging.
Family & Move-Up
Lennar
Volume builder with active communities in the outer Las Vegas corridors
First-Time & Family
KB Home
Entry-level new construction for buyers graduating from Bonanza Village
Family
Richmond American
Accessible new builds for move-up buyers from established central neighborhoods
Mid-Market
Century Communities
Value-tier new construction for Bonanza Village buyers ready to step up
Entry & Family
DR Horton
Largest national builder with Las Vegas Valley presence at accessible price points
Outdoor Recreation
What Outdoor Amenities Are Near Bonanza Village?
Lorenzi Park, Sunset Park, and the broader City of Las Vegas parks system give Bonanza Village residents meaningful recreational access within short drives. The City of Las Vegas maintains parks, trails, and sports facilities serving the central Las Vegas corridor; no community HOA amenities exist within Bonanza Village itself.
5 MIN
Lorenzi Park
~40 acresLakes · Playground · Sports fields · Walking pathsFree
The closest major park to Bonanza Village — 40 acres at 3333 W Washington Ave with two stocked lakes, a playground, sports courts, picnic areas, and paved walking paths. Well-maintained by the City of Las Vegas; a practical morning-walk destination from most Bonanza Village addresses.
20 MIN
Sunset Park
~324 acresLake · Sports fields · Disc golf · TrailsFree
One of Las Vegas's largest municipal parks at 324 acres southeast of Bonanza Village. Features a lake with paddleboating, basketball courts, tennis, disc golf, soccer fields, and miles of paved trails. Family gatherings and weekend sports leagues operate here year-round.
25 MIN
Floyd Lamb Park at Tule Springs
~680 acresPonds · Picnic areas · Walking trails · WildlifeCity fee
A 680-acre historic ranch and nature preserve in northwest Las Vegas with multiple ponds, picnic pavilions, birding areas, and gentle walking paths. A calming contrast to the urban grid — Bonanza Village residents who want a nature escape without driving far reach it in about 25 minutes.
25 MIN
Las Vegas Ballpark
MLB-quality stadiumAviators baseball · EventsTicket
The Las Vegas Aviators' home stadium in Downtown Summerlin — a Triple-A affiliate with craft food, open-air seating, and summer night games. A 25-minute drive from Bonanza Village for families wanting live sports without Strip prices.
15 MIN
Las Vegas Strip Entertainment
4-mile corridorShows · Dining · Shopping · GamingVaries
The world's premier entertainment corridor is 15 minutes from Bonanza Village's central location — a proximity advantage shared by few affordable Las Vegas neighborhoods. World-class restaurants, shows, and live events accessible without an extended commute.
30 MIN
Red Rock Canyon NCA
195,819 acresHiking · Scenic Loop · Rock climbingNPS fee
A 13-mile Scenic Loop, 26 miles of trails, and world-class rock climbing walls about 30 minutes west from Bonanza Village. The Summerlin-corridor commute to Red Rock is straightforward via Charleston Blvd or the 215 Beltway.
15 MIN
UNLV Campus / Recreation
332-acre campusSports · Events · FitnessVaries
The University of Nevada Las Vegas campus is about 15 minutes southeast — public athletic events, campus recreation facilities, cultural programming, and a walkable university atmosphere accessible from Bonanza Village.
15 MIN
Downtown Las Vegas Arts District
Urban arts corridorGalleries · Restaurants · EventsFree/varies
The emerging 18b Arts District in Downtown Las Vegas features galleries, local restaurants, breweries, and First Friday events — a 15-minute drive from Bonanza Village and one of the fastest-growing cultural neighborhoods in the valley.
The Bonanza Village Lifestyle
What Does a Weekend in Bonanza Village Look Like?
Morning walks on mature streets, a run at Lorenzi Park, afternoon errands at central Las Vegas retail, and an evening on the Strip or Downtown Arts District — with the City of Las Vegas parks system and a 15-minute commute threading dining and entertainment together at a fraction of coastal costs.
300Established Acres
1960Year Founded
15 minTo the Strip
300Days of Sun
THIS WEEKEND'S OPEN HOUSES
Can You Tour Bonanza Village Homes This Weekend?
Bonanza Village is open — no gate coordination required. With 85 active listings in ZIP 89106 and a 25-day median pace, well-conditioned homes attract buyers quickly. Browse inventory, set instant alerts, or call (702) 637-1759 and our team will schedule your weekend tour and guide condition evaluation before you write an offer.
Quick Answer
What are HOA fees in Bonanza Village?
Most Bonanza Village homes carry no HOA — the published range is $0 to $50 per month. Where a small association exists, dues cover common-area maintenance only. Verify the specific home's HOA status in the title report early in escrow; where an association applies, request dues, reserve fund status, and any pending assessments before your inspection contingency expires.
Moving to Bonanza Village
Should I Move to Bonanza Village in Las Vegas?
Established central Las Vegas ownership is reachable under $350,000. California tops out at 13.3% income tax per the Franchise Tax Board; Nevada charges zero — that gap, paired with $180K–$350K prices and minimal HOA obligations, changes the relocation math decisively.
Why Value-Oriented Buyers Are Choosing Bonanza Village
The ownership math in Bonanza Village is straightforward: a 3.5% FHA down payment on a $280,000 home is $9,800 — one of the lowest entry figures in the Las Vegas valley for an established neighborhood with 60-plus years of community character. Nevada adds structural advantages: no state income tax, a 3% annual property-tax cap on primary residences under Nevada Revised Statutes 361.471, and no personal property tax on vehicles beyond registration. For California renters paying $2,500 to $3,000 monthly for a one-bedroom, a $280,000 Bonanza Village home clears the break-even point in under four years at current rates.
At a $280,000 budget, Phoenix buyers are competing against suburban sprawl with 30-minute commutes in every direction. That same budget in Bonanza Village secures an established single-family home with mature lot landscaping, 15-minute Strip access, and central Las Vegas convenience that outer-ring new construction cannot replicate — with Lorenzi Park minutes away, Coral Academy of Science (8/10 charter) accessible, and Nevada's zero income tax stretching every dollar.
According to Las Vegas REALTORS, the median list price across ZIP 89106 is $369,000. Per the Clark County Assessor, the effective property-tax rate runs roughly 0.5–0.7% of assessed value. FBI Uniform Crime Reporting data provides Las Vegas metropolitan crime context, and GreatSchools rates Coral Academy of Science — an accessible charter option — at 8/10 for this ZIP area.
Bonanza Village runs on the same central Las Vegas economic engine that powers the Strip corridor: hospitality, healthcare, logistics, and construction employment all within a 15-to-20-minute radius. The US-95 and I-15 interchange positions residents at the valley's primary employment crossroads. Nevada's economic diversification into tech, healthcare, and financial services adds higher-income employment nodes that are accessible from central addresses without the outer-ring commute burden.
Cost of Living Snapshot — Bonanza Village, NV vs. Los Angeles, CA
Day-to-day costs run meaningfully lower than coastal California across every category that matters at the affordable-ownership tier. Nevada has no state income tax and no personal property tax on vehicles beyond registration. The category that flips hardest is housing: a fully renovated home in Bonanza Village priced at $300,000 to $350,000 compares to $700,000 to $1,000,000-plus for a similar property in a comparable Los Angeles neighborhood.
| Metric | Bonanza Village, NV | Los Angeles, CA |
|---|---|---|
| State Income Tax | None | Up to 13.3% |
| Established Home Entry Point | $180K–$350K | $700K+ typical |
| Effective Property Tax Rate | ~0.5%–0.7% | ~1.1% on new purchases |
| Monthly HOA | $0–$50 (many $0) | $200–$600+ typical |
| Airport Commute | 20 min (Harry Reid via I-15) | 45–90+ min (LAX) |
Figures are approximate, for illustration. Contact our team for current market data.
Bonanza Village Rental Market — Rent vs. Own
Single-family homes in the ZIP 89106 corridor typically rent for $1,400 to $2,200 per month depending on size and condition. At those rental levels, a $280,000 Bonanza Village purchase at current rates produces a monthly ownership cost near or below median area rent — making the buy-vs-rent math unusually favorable for this price tier. Short-term rentals may face Clark County and City of Las Vegas regulations; verify licensing requirements before underwriting nightly income on any Bonanza Village property.
Updated June 2026 · Source: Las Vegas REALTORS rental tracking & Nevada Real Estate Group market analysis
Already planning a value-focused relocation to central Las Vegas? Our team specializes in established neighborhood analysis — condition assessments, FHA-friendly offer strategy, school-zone verification, and closing support for first-time buyers and investors alike.
Start Your Bonanza Village Home SearchRELOCATION TIMELINE
How to Relocate to Bonanza Village in 8 Steps
From first research to keys-in-hand, here's the 8-12 week timeline most Bonanza Village buyers follow. Two deadlines are statutory: Nevada requires a driver's license within 30 days of residency and vehicle registration within 60, per the Nevada DMV — miss them and registration penalties stack.
Set your condition tier and budget
Decide which Bonanza Village you are buying: $180K-to-$250K original-condition homes for investors, $250K-to-$310K partially updated homes for owner-occupants, or $310K-to-$350K fully renovated turnkey homes for buyers who want move-in readiness. Each tier has different inspection risk and renovation runway.
Get pre-approved — FHA or conventional
Most Bonanza Village purchases fall inside FHA limits. Work with an FHA-familiar lender who understands 1960-era construction; some systems may trigger repair conditions before funding. Get full pre-approval, not just pre-qualification, before you tour in a 25-day-median market.
Hire a central Las Vegas neighborhood specialist
Condition, block quality, and HOA status all drive value in Bonanza Village. An agent who knows the specific streets and has access to closed comps inside the community saves real money on offer price and negotiation.
Tour multiple condition tiers in one outing
See an original-condition home, a partially updated home, and a fully renovated home in the same outing — the gap between them is visible and immediate. Nevada Real Estate Group schedules back-to-back tours across condition tiers to help you calibrate quickly.
Write and negotiate the offer
At the $180K-to-$300K tier, inspection contingencies matter: include them and use them. At the $310K-to-$350K renovated tier, expect faster competition and cleaner terms. Offer strategy differs meaningfully by condition tier in this market.
Inspection, title, and HOA verification
Budget a comprehensive inspection on any 1960-era home: roof, HVAC, plumbing, electrical panel, and foundation are the five systems most likely to need work. Verify HOA status in the title report and request the resale package where an association applies.
Clear conditions and fund
Nevada closes through escrow companies, not attorneys; expect 30-45 days from accepted offer to funding. FHA buyers should allow extra time for appraisal and any lender-required repairs on older homes. Start the clock early.
Close, move, and register
Transfer utilities — NV Energy, Southwest Gas, City of Las Vegas water — change your address with USPS and financial institutions, then handle the Nevada DMV: license within 30 days of establishing residency, vehicle registration within 60.
ECONOMY & JOBS
What Drives the Bonanza Village Economy?
Bonanza Village residents reach Strip hospitality, downtown government, regional healthcare, and service employers within 15 to 20 minutes. According to the U.S. Bureau of Labor Statistics, the Las Vegas metro is strong in hospitality, healthcare, and construction — and central Las Vegas addresses offer the shortest commutes to that employer base.
$40K+Estimated avg household income, Bonanza Village areaCommunity records / demographic estimates
15 minTo Strip employment centersVia local roads
20 minTo Harry Reid Airport — for travel-heavy rolesVia I-15 or I-215
300+Days of sunshine per yearLas Vegas NV climate averages
Top Bonanza Village-Area Employers
- Las Vegas Strip resorts and casinosThe largest employment sector in the valley — 15 minutes from Bonanza Village via local roads to the major resort corridor
- Downtown Las Vegas hospitality and governmentFremont Street corridor employers and Clark County government offices are 15 minutes away via local roads
- University of Nevada Las Vegas (UNLV)Major employer and academic anchor approximately 15 minutes southeast — education, healthcare, and research employment
- Valley Health System and regional hospitalsHealthcare employment distributed across the central valley corridor, accessible from Bonanza Village without outer-ring commutes
- Las Vegas Convention CenterConvention and trade-show support employment approximately 15 minutes from Bonanza Village via Paradise Road or I-15
- Central Las Vegas retail and service sectorNeighborhood retail, food service, logistics, and construction employers throughout the central I-15 and US-95 corridor
Sources: U.S. Bureau of Labor Statistics, City of Las Vegas. Last updated June 2026.
COMMUNITY COMPARISON
How Does Bonanza Village Compare to Spring Valley, The Lakes, and Henderson?
Bonanza Village wins on price entry and central location; Spring Valley on Strip proximity; The Lakes on HOA amenity; Henderson on school ratings. Side-by-side metrics buyers ask about most, June 2026 — sources are LVR, the U.S. Census, and FBI UCR.
| Metric | Bonanza Village | Spring Valley | The Lakes | Henderson |
|---|---|---|---|---|
| Entry Price | $180K | $300K+ | $400K+ | $350K+ |
| Guard-Gated | No | No | Partial | Partial |
| HOA Monthly | $0–$50 (many $0) | $50–$200 | $100–$300 | $50–$200 |
| ZIP Median List | $369K (89106) | ~$450K area | ~$500K area | $548K |
| Days on Market | 25 | ~22 | ~24 | ~28 |
| Strip Commute | 15 min | 10–15 min | 20 min | 30–35 min |
| Schools (best zoned) | 6/10 Clark HS | 7/10 area | 7-8/10 area | 8-9/10 area |
| Charter Option | Coral Academy 8/10 | Available | Available | Multiple 8-9/10 |
| Best For | Affordable entry · Central access | Strip-adjacent · Mid-range | HOA amenities · Established | Schools · Suburb quality |
Sources: Las Vegas REALTORS, U.S. Census QuickFacts. School ratings from GreatSchools.org. Last updated June 2026.
Cost of Ownership
What Will Bonanza Village Cost You Each Month?
A $280,000 Bonanza Village purchase runs about $1,900 monthly with 5% down at 7% per Freddie Mac's rate survey. The tabs below model your payment, compare renting in the central Las Vegas corridor, and budget the minimal HOA carrying costs that keep Bonanza Village among the cheapest monthly-cost established neighborhoods in the valley.
Payment Estimator
Estimate Your Bonanza Village Payment
$2,373
Estimated Monthly Payment
- Principal & Interest$1,770
- Property Tax$142
- Insurance$150
- HOA$200
- PMI$111
Estimated calculations only — consult a lender for exact figures. Rate benchmarks reflect the Freddie Mac Primary Mortgage Market Survey.
BUY VS RENT
Should you buy or rent in Bonanza Village right now?
Central Las Vegas rents in the ZIP 89106 corridor run $1,500 to $2,200 per month for single-family homes. At a $280,000 purchase with PMI, the monthly ownership cost is near rent — and the FHA path at 3.5% down cuts the down-payment barrier to under $10,000. For five-plus year holds, the buy math wins decisively once principal paydown and modest appreciation are counted.
OWN (5% DOWN, 7%)
$2,137 / mo
- Principal & Interest (5% down)
- $1,770
- Property Tax (~0.6%)
- $140
- Homeowners Insurance
- $85
- HOA (most homes $0–$50)
- $25
- PMI (at 5% down, ~0.5%)
- $117
5-year net cost:~$82,000
Equity built:~$65,000
RENT (CENTRAL LV MEDIAN)
$1,800 / mo
- Median Bonanza Village-Tier Rent
- $1,700
- Renters Insurance
- $20
- Equity Built / Month
- $0
- Tax Benefit
- $0
- Annual Increase Risk
- ~4%
5-year net cost:~$120,000
Equity built:$0
Avg annual rent increase: 4.0%
The 5-year breakeven
Owning a $280,000 Bonanza Village home for five years nets out cheaper than renting once principal paydown and conservative 3% appreciation are counted — and the owner exits with roughly $65,000 in total equity while the renter exits with none. The neighborhood's 60-plus year track record provides structural support for the appreciation assumption that raw speculative markets lack.
Model assumptions: 7.0% 30-yr fixed (Freddie Mac PMMS), 3% annual appreciation, 4% annual rent growth, 0.6% effective property tax, $25/mo blended HOA, ~7% resale costs.
HOA Fees by Community
HOA Fees in Bonanza Village
Most Bonanza Village homes carry no HOA — a genuine carrying-cost advantage. Where a small association exists, dues are minimal. Verify HOA status in the title report before closing and request the resale package where applicable.
No HOA (most homes)
$0 / mo
No association (most Bonanza Village homes)
$0
Includes:
No dues, no resale package required, no restriction on cosmetic modifications beyond City of Las Vegas codes
Small Association (where applicable)
$0–$50 / mo
Minimal HOA (where present)
$0–$50
Includes:
Common-area maintenance where applicable; verify status in title report before closing
COMMUTE & TRANSPORTATION
How Easy Is Getting Around From Bonanza Village?
Local roads put the Strip and Downtown Las Vegas 15 minutes away; I-15 reaches Harry Reid Airport in 20. Mean Las Vegas commutes run near 25 minutes per U.S. Census ACS data — Bonanza Village residents run well under that figure for Strip and Downtown destinations, making it the shortest commute of any established affordable neighborhood in the valley.
Drive Times from Bonanza Village
- 15 minLas Vegas Strip (Bellagio)Via local roads / I-15
- 15 minDowntown Las VegasVia local roads / US-95
- 5 minLorenzi ParkVia W Washington Ave
- 20 minHarry Reid Intl AirportI-15 south or I-215
- 15 minUNLV CampusVia local roads / Paradise Rd
- 25 minSummerlinUS-95 west or Summerlin Pkwy
- 30 minHenderson (central)I-15 south / I-215 east
- 30 minRed Rock Canyon NCACharleston Blvd west / I-215
Transportation Options
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC of Southern Nevada.
Quick Answer
How long does it take to close on a Bonanza Village home?
Most Bonanza Village purchases close in 30 to 45 days through Nevada's title-and-escrow system. Cash deals close in 10 to 14 days. FHA buyers should budget extra time for appraisal and lender-required repairs on 1960-era homes. Request the HOA resale package on day one of contract so dues and reserve status clear before your inspection deadline.
Quick Answer
What down payment do you need to buy in Bonanza Village?
FHA loans require 3.5% down — on a $280,000 Bonanza Village home that is $9,800. Conventional loans allow 3% to 5% for qualifying buyers. VA loans offer 0% down for eligible veterans even above the conforming limit using full entitlement. Nevada Housing Division down-payment assistance programs can layer on top for qualifying first-time buyers. At the $180,000 entry, 3.5% FHA down is $6,300 — among the lowest ownership-entry figures in established Las Vegas neighborhoods.
Bonanza Village FAQ — 18 Answers
What Do Bonanza Village Buyers Most Frequently Ask?
Most AskedWhat is the median home price in Bonanza Village?
Bonanza Village homes range from roughly $180,000 for original-condition residences to $350,000 for fully renovated properties on larger lots. ZIP 89106 carried a $369,000 median list price in June 2026 per Las Vegas REALTORS — Bonanza Village pricing sits below that ZIP-area figure because the neighborhood is one of the most accessible established communities in the central valley. Condition and renovation level drive value more than floor plan alone here; ask Nevada Real Estate Group for closed comps specific to Bonanza Village before you write an offer or set a list price.
Is Bonanza Village a good neighborhood in Las Vegas?
Yes — by the metrics that matter for affordable central-valley living, Bonanza Village delivers real value. The 1960-era stock means 300 acres of mature landscaping and established street character that newer outer-ring communities lack. The trade-offs are honest: condition varies widely across the 2,000-plus homes, schools rate in the mid-range on GreatSchools, and the absence of amenity HOA structures means no community pool or clubhouse. For first-time buyers and value investors, the location and carrying costs are hard to beat at the price point.
What ZIP code is Bonanza Village in?
Bonanza Village is in ZIP 89106, central Las Vegas. Drive times from the neighborhood run about 15 minutes to the Strip, 15 minutes to Downtown Las Vegas, 20 minutes to Harry Reid International Airport via I-15 or I-215, and 25 minutes to Summerlin via US-95. Few valley communities priced under $350,000 offer shorter all-around commutes. Add ZIP 89106 to your MLS search filters, or let Nevada Real Estate Group set instant listing alerts inside the community.
What are HOA fees in Bonanza Village?
Many homes in Bonanza Village carry no HOA — the published range is $0 to $50 per month. Where a small association exists, dues cover common-area maintenance. That low carrying cost is a genuine advantage versus newer master-planned communities charging $100 to $300 monthly. Verify the specific home's HOA status in the title report early in escrow; where an association applies, request dues, reserve status, and any pending assessments before your contingency deadlines pass.
How far is Bonanza Village from the Strip?
Roughly 15 minutes via local roads under normal traffic conditions. Bonanza Village's central position also puts Downtown Las Vegas about 15 minutes away, Harry Reid International Airport around 20 minutes via I-15 or I-215, and Summerlin near 25 minutes via US-95 west. That commute profile is unusually compact for a community priced below $350,000 — most affordable Las Vegas inventory sits in the outer southwest or north, adding 15 to 20 minutes to every major destination.
What schools serve Bonanza Village?
Clark County School District campuses serve Bonanza Village: John C. Fremont Elementary (6/10 GreatSchools), Fremont Middle School (5/10), and Clark High School (6/10). Charter options include Coral Academy of Science (8/10 — a standout in this ZIP area) and Nevada State High School (7/10). Private standouts in the broader valley include Bishop Gorman (A+) and The Meadows School (A+). Verify exact CCSD zone assignments by address before closing — boundaries can shift between school years.
What type of homes are in Bonanza Village?
Bonanza Village features established single-family homes across roughly 300 acres built by various builders starting in 1960. The 2,000-plus residences span a range of lot sizes and floor plans — mostly ranch-style and low-profile designs typical of mid-century Las Vegas construction. Prices from $180,000 to $350,000 make this one of the most accessible established communities in the valley. Condition varies meaningfully; tour with a licensed agent who knows this specific neighborhood and budget a thorough inspection before writing an offer.
What parks are near Bonanza Village?
Lorenzi Park — about 40 acres at 3333 W Washington Ave with lakes, playground, sports fields, and walking paths — is the closest significant park to Bonanza Village. Sunset Park, a 324-acre facility with a lake, sports courts, disc golf, and trails, is a short drive southeast. Floyd Lamb Park at Tule Springs, a 680-acre preserve with ponds, picnic areas, and walking trails, is accessible to the northwest. The City of Las Vegas maintains all three facilities; check lasvegasnevada.gov for hours and seasonal programming.
Is Bonanza Village a good investment?
The fundamentals for patient investors are sound: an established 2,000-plus home community priced $100,000 to $150,000 below the Las Vegas city median, central location that drives consistent rental demand, low HOA carrying costs, and a 60-plus year track record as a functioning neighborhood. Renovation-driven appreciation is real here — updated homes have sold near the top of the $350,000 range while original-condition properties anchor near $180,000. Ask Nevada Real Estate Group for recent Bonanza Village closed comps before committing capital.
What should I know about buying in Bonanza Village?
Four factors move real money in Bonanza Village. First, condition is everything: the $180,000-to-$350,000 spread largely reflects renovation level, not square footage. Second, HOA status: most homes have no association, but verify in the title report — the rare HOA here is small. Third, school zones: mid-range CCSD ratings make private or charter school access a planning question for families. Fourth, property-tax resets: Nevada reassesses to current market value after sale, so verify the post-closing tax figure with the Clark County Assessor before budgeting ownership costs.
How competitive is the Bonanza Village market?
ZIP 89106 carried a 25-day median days on market in June 2026 per Las Vegas REALTORS — a moderate pace that gives buyers more room to inspect and negotiate than the valley's fastest luxury corridors. With 85 active listings across the ZIP area and a $369,000 median list, well-priced and well-conditioned homes still attract quick offers. Original-condition homes at the lower end of the range tend to sit longer. Buyers who move promptly on updated homes in good condition rarely face competition delays.
What is property tax like in Bonanza Village?
Nevada's effective property-tax rate runs roughly 0.5–0.7% of assessed value per the Clark County Assessor, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a $280,000 purchase, plan around $1,400 to $1,960 annually — meaningfully lower than most western states at comparable price points. Long-held homes in Bonanza Village often carry abated assessed values; the figure resets to current market value after sale, so verify the post-sale tax bill with the Assessor before building your ownership budget.
Can first-time buyers afford Bonanza Village?
Yes — Bonanza Village is one of the valley's most accessible established communities for first-time buyers. The $180,000-to-$350,000 price range is well within FHA loan territory ($524,225 limit in Clark County), and the $0-to-$50 monthly HOA means carrying costs stay lean. Nevada Housing Division down-payment assistance programs can further close the gap for qualifying buyers. A 3.5% FHA down payment on a $280,000 home is $9,800 — among the lowest ownership-entry figures in the Las Vegas valley. Call Nevada Real Estate Group at (702) 637-1759 to review your options.
How does Bonanza Village compare to Spring Valley?
Both communities offer central Las Vegas access at accessible price points — but Spring Valley, an unincorporated county area near the Strip, typically prices $50,000 to $100,000 higher than Bonanza Village for similar-sized homes. Bonanza Village's $180,000-to-$350,000 range makes it the lower-entry alternative for buyers who prioritize proximity to Downtown Las Vegas and the I-15 corridor over Summerlin or western amenity access. Nevada Real Estate Group can walk you through both neighborhoods and help you match the right community to your budget and commute.
What does a relocation to Bonanza Village look like?
Most Bonanza Village purchases close in 30 to 45 days through Nevada's escrow system. FHA and VA buyers should be pre-approved before touring — in a 25-day median market, conditional offers rarely win on well-conditioned homes. Once you close, update your Nevada driver's license within 30 days and register your vehicle within 60 per Nevada DMV requirements. NV Energy, Southwest Gas, and City of Las Vegas water handle utilities; set up transfers the week before closing to avoid gaps in service.
What down payment do you need to buy in Bonanza Village?
FHA loans require 3.5% down — on a $280,000 Bonanza Village purchase that is $9,800. Conventional loans allow 3% to 5% down for qualifying buyers. VA loans offer 0% down for eligible veterans. Nevada Housing Division programs can layer on down-payment assistance. At the $180,000 entry, 3.5% FHA down is $6,300 — one of the lowest ownership-entry figures in the valley for an established neighborhood with a 60-plus year track record.
How long does it take to close on a Bonanza Village home?
Most Bonanza Village purchases close in 30 to 45 days through Nevada's title-and-escrow system — not attorneys. Cash purchases can close in 10 to 14 days. FHA buyers should allow extra time for the appraisal and any lender-required repairs on older homes. Request the HOA resale package — where an association exists — the day you go under contract so dues and reserve status clear before inspection deadlines.
Is Bonanza Village walkable?
Moderately — mature grid streets and established sidewalks make on-foot errands practical within the neighborhood. Lorenzi Park is reachable on foot from many Bonanza Village addresses. Daily driving is still the norm for groceries and work commutes in this part of the valley. Transit routes along Washington Avenue and US-95 provide bus access to Downtown Las Vegas for residents without a vehicle.
Updated June 2026
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PEOPLE ALSO ASK
What Else Do People Ask About Bonanza Village?
Eight queries Bonanza Village buyers ask most — answered from City of Las Vegas, Las Vegas REALTORS MLS data, and GreatSchools ratings. Every figure links to a primary source.
Is Bonanza Village part of Las Vegas?
Yes — Bonanza Village is within the incorporated boundaries of the City of Las Vegas in Clark County, Nevada, ZIP 89106. Mailing addresses say Las Vegas, NV 89106. The community dates to 1960 and is served by City of Las Vegas municipal services, LVMPD for law enforcement, and Clark County School District for public schools.
What ZIP code does Bonanza Village use?
ZIP 89106 — a central Las Vegas ZIP covering Bonanza Village and surrounding established neighborhoods. Drive times from this ZIP run 15 minutes to the Strip, 15 minutes to Downtown Las Vegas, and 20 minutes to Harry Reid International Airport via I-15 or I-215.
Is Bonanza Village the same as downtown Las Vegas?
No — Bonanza Village is a residential community west of Downtown Las Vegas, not the downtown itself. Bonanza Village is a single-family neighborhood with 2,000-plus established homes and minimal HOA fees; downtown is the commercial, entertainment, and government core of the city. The two areas are about 15 minutes apart.
How old are homes in Bonanza Village?
Bonanza Village was established in 1960, making its homes approximately 65 to 66 years old as of 2026. That vintage means buyers should budget thorough inspections of roof, HVAC, plumbing, and electrical systems. Many homes have undergone at least partial updates; condition varies significantly across the 2,000-plus home stock.
Does Bonanza Village have a pool?
No community pool or shared amenity infrastructure exists within Bonanza Village — the $0-to-$50 monthly HOA reflects the absence of shared facilities. Individual homes may have private pools in backyard spaces. Lorenzi Park nearby provides public recreational amenity including sports fields and walking paths.
Is Bonanza Village walkable?
Moderately — established sidewalks and a flat grid make on-foot errands and walks to Lorenzi Park practical from most Bonanza Village addresses. The community is car-dependent for daily groceries and work commutes, as with most Las Vegas neighborhoods. RTC bus routes on Washington Avenue supplement auto commutes.
How far is Bonanza Village from the airport?
Approximately 20 minutes to Harry Reid International Airport via I-15 south or I-215 — a commute advantage over outer suburban communities adding 15 to 25 additional minutes. For frequent flyers or airport-adjacent workers, Bonanza Village's central location is a meaningful practical benefit at the $180K-to-$350K price tier.
Is Bonanza Village a good investment?
The fundamentals for patient investors are sound: a built-out 2,000-home central Las Vegas community with documented renovation-driven appreciation (original condition near $180K, fully renovated near $350K), consistent rental demand from Strip-corridor workers, minimal HOA carrying costs, and 60-plus years of proven neighborhood stability. Ask Nevada Real Estate Group for recent Bonanza Village closed comps before committing capital.
WHY NEVADA REAL ESTATE GROUP
Why Is Nevada Real Estate Group the #1 Real Estate Team in Nevada?
6,225+ closed transactions and $4.1B+ in volume since 2009 — including established central Las Vegas neighborhoods, first-time buyer transactions, and investment property closings across the valley. The largest agent team in Nevada, 150+ agents strong, and 9,061+ verified five-star reviews back the #1 ranking statewide.
#1
Real estate team in Nevada
Ranked Top 100 nationwide, RealTrends 2025
150+
Licensed Nevada agents
Henderson, Summerlin, Las Vegas, North Las Vegas
$4.1B+
In total sales volume
Across 6,225+ closed transactions
9,061+
Verified 5-star reviews
4.9/5 (Google, Zillow, FastExpert)
16+
Years in the Las Vegas Valley
Founded by Chris Nevada · License S.181401
#1
TEAM IN NEVADA
6,225+
HOMES SOLD SINCE 2009
9,061+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
WORK WITH THE BEST
Nevada's #1 team is
ready to help you move.
Ready to make a move?
Want to Talk to a Bonanza Village Real Estate Expert?
6,225+ closed transactions and $4.1B+ in volume since 2009. In a 2,000-home established community where condition, block quality, and HOA status drive real value differences, knowing the neighborhood matters. Call (702) 637-1759 or tell us what you need and we'll find your Bonanza Village home.
NEARBY COMMUNITIES
Which Communities Are Within 25 Minutes of Bonanza Village?
Compare Bonanza Village with neighboring Las Vegas communities and nearby cities. Each card pairs the drive time with price positioning, so you can judge whether trading the central location of Bonanza Village for Spring Valley's Strip proximity or Henderson's school ratings actually buys you more lifestyle for the money.
A–Z INDEX
Which Central Las Vegas Communities Can You Explore A–Z?
Central Las Vegas contains multiple established communities beyond Bonanza Village — including Spring Valley, The Lakes, and other ZIP 89106-adjacent neighborhoods. Dedicated community pages are rolling out; our team can pull current listings, HOA dues, and school zoning for any central Las Vegas address on request.
B
- Bonanza Village (this community)
KEEP LEARNING
What Else Should You Read About Bonanza Village and Central Las Vegas?
These guides extend the research most Bonanza Village buyers do next — understanding the broader Las Vegas market, comparing communities across the valley, and tracking current pricing — each written by our team from the same MLS data and primary sources used throughout this page.
MARKET UPDATE
Las Vegas Housing Market 2026
Valley-wide pricing, inventory, and rate context — the macro backdrop behind Bonanza Village's ZIP 89106 numbers.
Read →GUIDE
Buying a Home in Henderson NV
The complete Henderson buyer guide — a useful comparison for Bonanza Village shoppers weighing suburb quality versus central-location convenience.
Read →COMMUNITY HUB
Las Vegas Community Hub
Every Las Vegas neighborhood, price tier, and lifestyle category — the full city hub for buyers comparing Bonanza Village to other central Las Vegas options.
Read →Sources & Methodology
Where Does This Bonanza Village Data Come From?
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. One honesty note: the MLS reports at ZIP level, and ZIP 89106 is broader than Bonanza Village alone — so area statistics are labeled as such, and per-tier figures are modeled estimates. Follow any link to verify a figure.
- Las Vegas REALTORS (LVR) — Median list and sold prices, days on market, and closing counts for ZIP 89106 (central Las Vegas). lasvegasrealtors.com
- U.S. Census Bureau — Las Vegas city population, income, age, and housing data (Bonanza Village is not separately tabulated). census.gov/quickfacts
- City of Las Vegas — Municipal services, parks, zoning, and code-enforcement rules covering ZIP 89106. lasvegasnevada.gov
- Clark County Assessor — Property tax rates, assessed values, parcel data, and post-sale tax-reset records for Bonanza Village properties. clarkcountynv.gov/assessor
- Nevada Revised Statutes 361.471 — The 3% annual property-tax cap on primary residences in Nevada. leg.state.nv.us
- Nevada Department of Taxation — Nevada zero state income tax confirmation and tax structure for new residents. tax.nv.gov
- FBI Uniform Crime Reporting (UCR) — Las Vegas metropolitan violent and property crime rates for safety context. fbi.gov/ucr
- U.S. Bureau of Labor Statistics — Metro employment, unemployment, and wage data for the Las Vegas MSA. bls.gov
- GreatSchools.org — K-12 school ratings including Clark High (6/10), Fremont Middle (5/10), and Coral Academy of Science charter (8/10). greatschools.org
- Nevada Report Card — State accountability data used to cross-check GreatSchools ratings for CCSD campuses in ZIP 89106. nevadareportcard.nv.gov
- Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator assumptions. freddiemac.com/pmms
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).
Last refresh: June 2026 · Next scheduled refresh: July 2026