Market Intelligence · NV / Las Vegas

Las Vegas, NV 89108 Housing Market

Homes in Las Vegas 89108 are valued at $353,529 on average, down 2.2% over the past year. The median list price stands at $360,000, with homes typically spending 60 days on market as of September 2026.

Updated September 2026Median value$354K

The median home value in Las Vegas, NV 89108 is $354K as of September 2026, down 2.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 89108 range

$325K to $382K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.2% over 12 months

Typical home value in 89108 over the last 12 months: $361K in Sep 2025 to $354K in Sep 2026 (-2.2%).

Sep 2025$361K

Sep 2026$354K

The numbers

What is the 89108 housing market like?

Typical home value

$354K

Down2.2%YoY

Median list price

$360K

Up12.5%MoM

Days on market

60

Up30.4%MoM

Homes for sale

231

Up6.9%MoM

Price cuts

21.3%

Down7.3%MoM

New listings

78

Up14.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

89108 housing market forecast 2027

-1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89108 to fall 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 89108 fell 2.2%, per the Zillow Home Value Index.

Will home prices drop in 89108?

Zillow's forecast says they may: it expects typical home values in 89108 to fall 1.3% by September 2027, after a 2.2% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 89108 home prices compare?

  • 89108$353,529
  • Las Vegas$405,943
  • Nevada$417,293
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Vegas: 44 ZIPs; Nevada: 133 ZIPs; United States: 26,262 ZIPs).

Context

The area has 231 homes for sale with 78 new listings added recently. Nearly one in five listings, specifically 21.3%, carry a price cut. The combination of slower price appreciation, elevated inventory, and active discounting suggests sellers should set realistic expectations. This is a buyer-friendly market where negotiation room exists.

Monthly payment

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20% · $70,706

Common questions

What people ask us.

What is the typical home value in 89108?

The typical home value in this area is $353,529 as of September 2026, down 2.2% over the past year.

How many homes are currently for sale in 89108?

There are 231 homes for sale in the area, with 78 new listings as of September 2026.

How long do homes typically stay on the market here?

Homes spend a median of 60 days on market in 89108 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.