Market Intelligence · NV / Las Vegas

Las Vegas, NV 89121 Housing Market

The typical home value in 89121 is $349,181, down 1.8% over the past year. The median list price sits at $371,166, with homes spending 63 days on market as of September 2026.

Updated September 2026Median value$349K

The median home value in Las Vegas, NV 89121 is $349K as of September 2026, down 1.8% 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 89121 range

$321K to $377K

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

-1.8% over 12 months

Typical home value in 89121 over the last 12 months: $356K in Sep 2025 to $349K in Sep 2026 (-1.8%).

Sep 2025$356K

Sep 2026$349K

The numbers

What is the 89121 housing market like?

Typical home value

$349K

Down1.8%YoY

Median list price

$371K

Up5.3%MoM

Days on market

63

Up6.8%MoM

Homes for sale

233

Down2.1%MoM

Price cuts

21.1%

Down1.5%MoM

New listings

60

Down21.1%MoM

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

The outlook

89121 housing market forecast 2027

-1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89121 to fall 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 89121 fell 1.8%, per the Zillow Home Value Index.

Will home prices drop in 89121?

Zillow's forecast says they may: it expects typical home values in 89121 to fall 1.4% by September 2027, after a 1.8% 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 89121 home prices compare?

  • 89121$349,181
  • 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 89121 ZIP has 233 homes for sale, with 60 new listings added in September 2026. Nearly one in five listings, at 21.1%, have seen price reductions. The median time to sell remains moderate at 63 days. For sellers, this means the market is moderately competitive but favors buyers; you'll want to price carefully and be ready to negotiate.

Monthly payment

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20% · $69,836

Common questions

What people ask us.

What is the typical home value in 89121?

The typical home value is $349,181, down 1.8% from the previous year as of September 2026.

How long do homes typically stay on market in 89121?

Homes in 89121 spend a median of 63 days on market before selling.

How many homes are currently for sale in 89121?

There are 233 homes listed for sale in 89121 as of September 2026, with 60 new listings added that month.

Discover

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