Market Intelligence · NV / Las Vegas

Las Vegas, NV 89121 Housing Market

The typical home value in Las Vegas, NV 89121 is $353,115, down 2.1% over the past year as of 2026-08-01. The median list price is $352,500, and homes spend a median of 59 days on market.

Updated August 2026Median value$353K

The median home value in Las Vegas, NV 89121 is $353K as of August 2026, down 2.1% 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

$325K to $381K

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

-2.1% over 12 months

Typical home value in 89121 over the last 12 months: $361K in Aug 2025 to $353K in Aug 2026 (-2.1%).

Aug 2025$361K

Aug 2026$353K

The numbers

What is the 89121 housing market like?

Typical home value

$353K

Down2.1%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 89121 home prices compare?

  • 89121$353,115
  • Las Vegas$407,610
  • Nevada$415,320
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Vegas: 44 ZIPs; Nevada: 133 ZIPs; United States: 26,265 ZIPs).

Context

Sellers in 89121 are working in a cooler market than a year ago. The typical home value is $353,115, down 2.1% over the past year. There are 238 homes for sale with 76 new listings, so buyers have a fair amount of choice. The median days on market is 59, and 21.4% of listings have taken a price cut. For a seller, that means pricing carefully from the start matters more than testing the market high.

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