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All market snapshots / 89123

Las Vegas, NV 89123 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Las Vegas, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.67
ActiveActive listings: 4242PendingPending sales: 2828
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): $480k$480kSoldMedian sold price (last 6 months): $423k$423k
What homes actually sell for in Las Vegas, NV
Distribution of 395 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $320k to $525k
$200k to $269k: 47 sales$200k$269k to $338k: 48 sales$338k to $406k: 62 sales$338k$406k to $475k: 84 sales84sales$475k to $544k: 46 sales$475k$544k to $612k: 35 sales$612k to $681k: 24 sales$612k$681k to $750k: 9 salesMedian $423k

What the numbers say

As of July 18, 2026, Resideline is tracking 42 active listings and 28 pending sales in ZIP code 89123. That pending-to-active ratio of 0.67 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $479,500, while the median of the 395 closed sales Resideline tracked over the last six months was $423,000. 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 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 $423,000 over the last six months, based on 395 closed sales tracked by Resideline. The middle half of those sales ranged from $320,000 to $525,000.

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

Resideline is currently tracking 28 pending sales against 42 active listings in 89123, a pending-to-active ratio of 0.67. 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.

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