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Las Vegas, NV 89123 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: 0.07
ActiveActive listings: 110110PendingPending sales: 88
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): $445k$445kSoldMedian sold price (last 6 months): $420k$420k
What homes actually sell for in Las Vegas, NV
Distribution of 379 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $297k to $510k
$180k to $247k: 43 sales$180k$247k to $314k: 41 sales$314k to $381k: 48 sales$314k$381k to $448k: 76 sales76sales$448k to $514k: 60 sales$448k$514k to $581k: 36 sales$581k to $648k: 32 sales$581k$648k to $715k: 5 salesMedian $420k

What the numbers say

As of October 26, 2026, Resideline is tracking 110 active listings and 8 pending sales in ZIP code 89123. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $444,995, while the median of the 379 closed sales Resideline tracked over the last six months was $420,000. 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 89123 for 98 days.

Frequently asked questions

What is the median home price in 89123?

The median closed sale price in Las Vegas, NV 89123 was $420,000 over the last six months, based on 379 closed sales tracked by Resideline. The middle half of those sales ranged from $297,000 to $510,000.

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

Resideline is currently tracking 8 pending sales against 110 active listings in 89123, a pending-to-active ratio of 0.07. 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, 89123 is currently a typical-pace market.

Nearby ZIP code market data

Full Las Vegas, NV housing market report →

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