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All market snapshots / 89131

Las Vegas, NV 89131 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: 0.01
ActiveActive listings: 9393PendingPending sales: 11
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): $650k$650kSoldMedian sold price (last 6 months): $540k$540k
What homes actually sell for in Las Vegas, NV
Distribution of 342 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $420k to $730k
$325k to $434k: 85 sales85sales$325k$434k to $544k: 74 sales$544k to $653k: 60 sales$544k$653k to $762k: 30 sales$762k to $872k: 31 sales$762k$872k to $981k: 16 sales$981k to $1.09M: 9 sales$981k$1.09M to $1.2M: 5 salesMedian $540k

What the numbers say

As of October 26, 2026, Resideline is tracking 93 active listings and 1 pending sales in ZIP code 89131. That pending-to-active ratio of 0.01 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 $650,000, while the median of the 342 closed sales Resideline tracked over the last six months was $540,000. 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 89131 for 80 days.

Frequently asked questions

What is the median home price in 89131?

The median closed sale price in Las Vegas, NV 89131 was $540,000 over the last six months, based on 342 closed sales tracked by Resideline. The middle half of those sales ranged from $420,000 to $730,000.

Is 89131 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 93 active listings in 89131, a pending-to-active ratio of 0.01. 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, 89131 is currently a slower-moving market.

Nearby ZIP code market data

Full Las Vegas, NV housing market report →

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