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All market snapshots / 89048

Pahrump, NV 89048 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Pahrump, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.74
ActiveActive listings: 4343PendingPending sales: 3232
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): $410k$410kSoldMedian sold price (last 6 months): $320k$320k
What homes actually sell for in Pahrump, NV
Distribution of 359 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $237k to $410k
$88k to $152k: 24 sales$88k$152k to $216k: 34 sales$216k to $280k: 41 sales$216k$280k to $344k: 89 sales89sales$344k to $408k: 64 sales$344k$408k to $472k: 30 sales$472k to $536k: 22 sales$472k$536k to $600k: 20 salesMedian $320k

What the numbers say

As of July 18, 2026, Resideline is tracking 43 active listings and 32 pending sales in ZIP code 89048. That pending-to-active ratio of 0.74 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $410,000, while the median of the 359 closed sales Resideline tracked over the last six months was $320,000. 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. The median active listing in 89048 has been on the market for 24 days.

Frequently asked questions

What is the median home price in 89048?

The median closed sale price in Pahrump, NV 89048 was $320,000 over the last six months, based on 359 closed sales tracked by Resideline. The middle half of those sales ranged from $237,200 to $410,000.

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

Resideline is currently tracking 32 pending sales against 43 active listings in 89048, a pending-to-active ratio of 0.74. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 89048 currently looks like a seller's market.

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