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All market snapshots / 89131

Las Vegas, NV 89131 Housing Market

Data snapshot: September 14, 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: 9090PendingPending sales: 55
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): $552k$552kSoldMedian sold price (last 6 months): $539k$539k
What homes actually sell for in Las Vegas, NV
Distribution of 368 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $420k to $743k
$325k to $434k: 95 sales95sales$325k$434k to $544k: 82 sales$544k to $653k: 64 sales$544k$653k to $762k: 27 sales$762k to $872k: 32 sales$762k$872k to $981k: 17 sales$981k to $1.09M: 14 sales$981k$1.09M to $1.2M: 5 salesMedian $539k

What the numbers say

As of September 14, 2026, Resideline is tracking 90 active listings and 5 pending sales in ZIP code 89131. 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 $552,500, while the median of the 368 closed sales Resideline tracked over the last six months was $539,000. 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 58 days.

Frequently asked questions

What is the median home price in 89131?

The median closed sale price in Las Vegas, NV 89131 was $539,000 over the last six months, based on 368 closed sales tracked by Resideline. The middle half of those sales ranged from $420,000 to $743,000.

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

Resideline is currently tracking 5 pending sales against 90 active listings in 89131, 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, 89131 currently looks like a balanced market.

Nearby ZIP code market data

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