Market Intelligence · NV / Las Vegas

Las Vegas, NV 89121 Housing Market

The typical home value in Las Vegas, NV 89121 is $356,924, down 2.6% over the past year. The median list price is $352,499, and homes are staying on the market for a median of 54 days.

Updated August 2026Median value$357K

The median home value in Las Vegas, NV 89121 is $357K as of August 2026, down 2.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 89121 range

$328K to $385K

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

-2.6% over 12 months

Typical home value in 89121 over the last 12 months: $366K in Jul 2025 to $357K in Jul 2026 (-2.6%).

Jul 2025$366K

Jul 2026$357K

The numbers

What is the 89121 housing market like?

Typical home value

$357K

Down2.6%YoY

Median list price

$353K

Flat0.0%MoM

Days on market

59

Up9.3%MoM

Homes for sale

238

Up0.8%MoM

Price cuts

21.4%

Up2.0%MoM

New listings

76

Up26.7%MoM

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

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The comparison

How do 89121 home prices compare?

  • 89121$356,924
  • Las Vegas$413,243
  • Nevada$420,873
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Vegas: 44 ZIPs; Nevada: 133 ZIPs; United States: 26,266 ZIPs).

Context

With 236 homes for sale and 60 new listings as of July 2026, the market has meaningful inventory. The median days on market of 54 suggests steady, if not brisk, movement. However, 21.0% of listings carry a price cut, which reflects underlying softness in buyer demand. For sellers, this means pricing competitively from the start matters more than hoping for appreciation.

Monthly payment

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20% · $71,385

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