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All market snapshots / 89123

Las Vegas, NV 89123 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Las Vegas, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 115115PendingPending sales: 77
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): $443k$443kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Las Vegas, NV
Distribution of 404 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $515k
$185k to $252k: 47 sales$185k$252k to $319k: 41 sales$319k to $386k: 51 sales$319k$386k to $452k: 88 sales88sales$452k to $519k: 57 sales$452k$519k to $586k: 39 sales$586k to $653k: 32 sales$586k$653k to $720k: 7 salesMedian $425k

What the numbers say

As of October 5, 2026, Resideline is tracking 115 active listings and 7 pending sales in ZIP code 89123. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $443,000, while the median of the 404 closed sales Resideline tracked over the last six months was $425,000. 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 86 days.

Frequently asked questions

What is the median home price in 89123?

The median closed sale price in Las Vegas, NV 89123 was $425,000 over the last six months, based on 404 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 7 pending sales against 115 active listings in 89123, a pending-to-active ratio of 0.06. 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 balanced market.

Nearby ZIP code market data

Full Las Vegas, NV housing market report →

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