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Pahrump, NV 89048 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Pahrump, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.20
ActiveActive listings: 3535PendingPending sales: 4242
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): $425k$425kSoldMedian sold price (last 6 months): $312k$312k
What homes actually sell for in Pahrump, NV
Distribution of 370 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $232k to $400k
$90k to $152k: 30 sales$90k$152k to $214k: 32 sales$214k to $276k: 47 sales$214k$276k to $338k: 93 sales93sales$338k to $399k: 54 sales$338k$399k to $461k: 34 sales$461k to $523k: 24 sales$461k$523k to $585k: 21 salesMedian $312k

What the numbers say

As of August 26, 2026, Resideline is tracking 35 active listings and 42 pending sales in ZIP code 89048. That pending-to-active ratio of 1.20 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $424,990, while the median of the 370 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 25 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 370 closed sales tracked by Resideline. The middle half of those sales ranged from $232,500 to $400,000.

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

Resideline is currently tracking 42 pending sales against 35 active listings in 89048, a pending-to-active ratio of 1.20. 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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