Market Intelligence · NV / Las Vegas

Las Vegas, NV 89109 Housing Market

Typical home values in 89109 have declined 6.3% over the past year, settling at $349,556 as of September 2026. The median list price stands at $374,950, with homes taking a median of 70 days to sell in this Las Vegas ZIP code.

Updated September 2026Median value$350K

The median home value in Las Vegas, NV 89109 is $350K as of September 2026, down 6.3% 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 89109 range

$322K to $378K

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

-6.3% over 12 months

Typical home value in 89109 over the last 12 months: $373K in Sep 2025 to $350K in Sep 2026 (-6.3%).

Sep 2025$373K

Sep 2026$350K

The numbers

What is the 89109 housing market like?

Typical home value

$350K

Down6.3%YoY

Median list price

$375K

Up5.6%MoM

Days on market

70

Down14.6%MoM

Homes for sale

293

Up1.0%MoM

Price cuts

15.8%

Down39.8%MoM

New listings

54

Down10.0%MoM

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

The outlook

89109 housing market forecast 2027

-1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89109 to fall 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 89109 fell 6.3%, per the Zillow Home Value Index.

Will home prices drop in 89109?

Zillow's forecast says they may: it expects typical home values in 89109 to fall 1.6% by September 2027, after a 6.3% 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 89109 home prices compare?

  • 89109$349,556
  • 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

There are 293 homes for sale in 89109 as of September 2026, with 54 new listings added that month. The median time on market is 70 days, suggesting steady but unhurried activity. A notable 15.8% of listings have seen price reductions, reflecting the broader softness in valuations. For sellers, this combination of increased supply and the year-over-year value decline means pricing realistically and preparing for a longer sales cycle.

Monthly payment

Estimate your monthly payment.

20% · $69,911

Common questions

What people ask us.

What is the typical home value in 89109?

As of September 2026, the typical home value in 89109 is $349,556, down 6.3% from the prior year.

How long do homes take to sell in 89109?

The median days on market is 70 days as of September 2026.

What percentage of homes have price cuts in 89109?

As of September 2026, 15.8% of listings in 89109 carry a price reduction.

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