2451 N Rainbow Blvd Unit 1123

Las Vegas, NV 89108

$199,000$161/sqft
For sale

14% below the area

The deal readAI analysis

  • Asking $161/sqft against $213/sqft for similar homes nearby, across 118 comparable sales.
  • 4 days on market against a 46-day median in 89108, counted from Kouzr's own daily snapshots; relists don't reset it.

Generated by Kouzr's model from county records, our own daily price snapshots, and the listing text; comps context is an automated estimate, not an appraisal. Open this home in the app for the full score breakdown, comp list, and alerts.

What it's worthAI estimate

$232,000
estimated value, from 118 comparable sales
14% under
asking 86% of the estimatebelow the estimate by $33,000$218k-$246k

Kouzr's own model, from 118 nearby homes, compared on price per square foot with the HOA and the pool/garage difference priced in on both sides, which is the same basis as the discount above. The range is ±6%, wider when there are fewer comps to go on. It is not an appraisal, and it has never seen the inside.

About this home

The private balcony offers a serene outdoor retreat that defines the tranquil atmosphere of this Las Vegas residence. Located on Rainbow Boulevard, this condominium provides 1,237 square feet of living space designed for comfort and ease. Inside, the home features a single-story layout containing three bedrooms and two full bathrooms. The interior spaces are equipped with blinds and a microwave, keeping the daily routine simple and functional. This property sits on a lot of 0.15 acres. Enjoy the convenience of condominium living in a prime location within the 89108 area.

Description and features as the listing agent gave them, not checked against the county record. See it on the original listing

What it costs a month

$1,544
per month, all in
$39,800
down · 20%
Principal & interest
$1,006
Property tax
$100
Home insurance
$58
HOA
$380

Loan $159,200 over 30 years at 6.5%, with 0.6% property tax and 0.35% insurance, Clark County defaults, not a quote. Keep them on your account in the app.

Price history

DatePriceChange
2026-08-24$199,000-
2026-08-21$199,000-

Prices snapshotted daily by Kouzr since 2026-08-21; the listing itself went up 2026-08-20.

The market in 89108

273 homes for sale here right now.

$338kmedian asking price
$237median $/sqft
46median days on market
7%have cut their price

This home asks 41% below the ZIP median, and 32% below on price per square foot.

Computed from the 273 homes we currently track in 89108, not from an MLS market report. Homes that have gone pending or sold are left out of the asking figures. No confirmed closings here yet: a sale is only counted once a home has been off our pulls long enough to confirm it sold.

The neighborhood

Walkability
16 / 20 — very walkabletransit 20 · street network 19 · land-use mix 12
Climate
103°F summer highs · 42°F winter lows · 76 days over 100°F
Natural hazard risk
Relatively ModerateFEMA National Risk Index

The full read on this home

Kouzr scores every home in the valley against the rest of it. The page above shows the result; the working is in the app.

  • The 0-1 deal score, and which factor moved it
  • The 118 comparable sales behind the discount, address by address
  • Owner tenure, estimated equity, and whether the owner lives here
  • Recorded notices of default, trustee sales, and other distress filings
  • Email the moment this price drops
Open this home in the app

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2451 N Rainbow Blvd Unit 1123, Las Vegas, NV 89108: $199,000 · Kouzr