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Pahrump, NV 89048 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Pahrump, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.30
ActiveActive listings: 3333PendingPending sales: 4343
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): $405k$405kSoldMedian sold price (last 6 months): $312k$312k
What homes actually sell for in Pahrump, NV
Distribution of 352 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $400k
$90k to $149k: 30 sales$90k$149k to $208k: 30 sales$208k to $266k: 38 sales$208k$266k to $325k: 72 sales72sales$325k to $384k: 69 sales$325k$384k to $442k: 31 sales$442k to $501k: 30 sales$442k$501k to $560k: 17 salesMedian $312k

What the numbers say

As of September 7, 2026, Resideline is tracking 33 active listings and 43 pending sales in ZIP code 89048. That pending-to-active ratio of 1.30 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $405,000, while the median of the 352 closed sales Resideline tracked over the last six months was $311,990. 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. 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 $311,990 over the last six months, based on 352 closed sales tracked by Resideline. The middle half of those sales ranged from $225,000 to $399,900.

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

Resideline is currently tracking 43 pending sales against 33 active listings in 89048, a pending-to-active ratio of 1.30. 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.

Nearby ZIP code market data

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