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Pahrump, NV 89048 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Pahrump, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 130130PendingPending sales: 44
Pahrump, NV: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $377k$377kSoldMedian sold price (last 6 months): $310k$310k
What homes actually sell for in Pahrump, NV
Distribution of 337 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $212k to $380k
$80k to $138k: 28 sales$80k$138k to $196k: 32 sales$196k to $254k: 33 sales$196k$254k to $312k: 66 sales$312k to $371k: 69 sales69sales$312k$371k to $429k: 29 sales$429k to $487k: 34 sales$429k$487k to $545k: 11 salesMedian $310k

What the numbers say

As of October 26, 2026, Resideline is tracking 130 active listings and 4 pending sales in ZIP code 89048. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $377,449, while the median of the 337 closed sales Resideline tracked over the last six months was $309,990. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 89048 for 87 days.

Frequently asked questions

What is the median home price in 89048?

The median closed sale price in Pahrump, NV 89048 was $309,990 over the last six months, based on 337 closed sales tracked by Resideline. The middle half of those sales ranged from $212,000 to $380,000.

Is 89048 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 130 active listings in 89048, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 89048 is currently a slower-moving market.

Nearby ZIP code market data

Full Pahrump, NV housing market report →

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