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All market snapshots / 89120

Las Vegas, NV 89120 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Las Vegas, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 6969PendingPending sales: 22
Las Vegas, 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): $469k$469kSoldMedian sold price (last 6 months): $395k$395k
What homes actually sell for in Las Vegas, NV
Distribution of 171 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $230k to $563k
$120k to $329k: 61 sales61sales$120k$329k to $538k: 56 sales$538k to $746k: 25 sales$538k$746k to $955k: 6 sales$955k to $1.16M: 4 sales$955k$1.16M to $1.37M: 1 sales$1.37M to $1.58M: 0 sales$1.37M$1.58M to $1.79M: 2 salesMedian $395k

What the numbers say

As of October 26, 2026, Resideline is tracking 69 active listings and 2 pending sales in ZIP code 89120. 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 $469,000, while the median of the 171 closed sales Resideline tracked over the last six months was $395,000. 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. Resideline has been seeing the median active listing in 89120 for 107 days.

Frequently asked questions

What is the median home price in 89120?

The median closed sale price in Las Vegas, NV 89120 was $395,000 over the last six months, based on 171 closed sales tracked by Resideline. The middle half of those sales ranged from $230,000 to $562,514.

Is 89120 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 69 active listings in 89120, 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, 89120 is currently a slower-moving market.

Nearby ZIP code market data

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