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All market snapshots / 89123

Las Vegas, NV 89123 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Las Vegas, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.14
ActiveActive listings: 3535PendingPending sales: 4040
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): $465k$465kSoldMedian sold price (last 6 months): $418k$418k
What homes actually sell for in Las Vegas, NV
Distribution of 403 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $515k
$183k to $253k: 44 sales$183k$253k to $322k: 49 sales$322k to $392k: 57 sales$322k$392k to $462k: 89 sales89sales$462k to $531k: 53 sales$462k$531k to $601k: 34 sales$601k to $670k: 28 sales$601k$670k to $740k: 8 salesMedian $418k

What the numbers say

As of August 26, 2026, Resideline is tracking 35 active listings and 40 pending sales in ZIP code 89123. That pending-to-active ratio of 1.14 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $465,000, while the median of the 403 closed sales Resideline tracked over the last six months was $418,500. 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 89123 has been on the market for 1 days.

Frequently asked questions

What is the median home price in 89123?

The median closed sale price in Las Vegas, NV 89123 was $418,500 over the last six months, based on 403 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $515,000.

Is 89123 a buyer's or seller's market?

Resideline is currently tracking 40 pending sales against 35 active listings in 89123, a pending-to-active ratio of 1.14. 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, 89123 currently looks like a seller's market.

Nearby ZIP code market data

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