Market Intelligence · NV / Las Vegas

Las Vegas, NV 89120 Housing Market

The typical home value in Las Vegas 89120 is $404,587, down 1.1% over the past year. The median list price stands at $534,000, with homes taking a median 76 days to sell as of September 2026.

Updated September 2026Median value$405K

The median home value in Las Vegas, NV 89120 is $405K as of September 2026, down 1.1% 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 89120 range

$372K to $437K

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

-1.1% over 12 months

Sep 2025$409K

Low $405KHigh $410K

Sep 2026$405K

The numbers

What is the 89120 housing market like?

As of September 2026

Typical home value

$405K

1.1%YoY

Median list price

$534K

7.9%MoM

Days on market

12.6%MoM

Homes for sale

121

1.7%MoM

Price cuts

21.6%

10.5%MoM

New listings

12.5%MoM

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

The outlook

89120 housing market forecast 2027

-1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89120 to fall 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 89120 fell 1.1%, per the Zillow Home Value Index.

Will home prices drop in 89120?

Zillow's forecast says they may: it expects typical home values in 89120 to fall 1.4% by September 2027, after a 1.1% 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 89120 home prices compare?

89120$404,587
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

As of September 2026, there are 121 homes for sale in the 89120 ZIP code, with 36 new listings added recently. The median time on market is 76 days, suggesting moderate buyer interest but not a fast-moving market. Nearly a fifth of listings, at 21.6%, have seen price reductions. For sellers, this data indicates a balanced market where pricing strategy matters, and you should prepare for negotiation and a moderate holding period.

Monthly payment

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Home price

Down payment20% · $80,917

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 89120?

The typical home value is $404,587, down 1.1% over the past year as of September 2026.

How long do homes typically stay on the market in 89120?

The median days on market is 76 days as of September 2026.

How many homes are currently for sale in 89120?

There are 121 homes for sale as of September 2026, with 36 new listings added recently.

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Nearby ZIP markets.

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