Market Intelligence · NV / Las Vegas

Las Vegas, NV 89123 Housing Market

The typical home in 89123 is worth $436,802, down 3.4% over the past year. The median list price stands at $465,000, with homes spending a median of 52 days on market as of June 2026.

Updated June 2026Median value$437K

The median home value in Las Vegas, NV 89123 is $437K as of June 2026, down 3.4% 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 89123 range

$402K to $472K

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

-3.4% over 12 months

Typical home value in 89123 over the last 12 months: $452K in Jun 2025 to $437K in Jun 2026 (-3.4%).

Jun 2025$452K

Jun 2026$437K

The numbers

What is the 89123 housing market like?

Typical home value

$437K

Down3.4%YoY

Median list price

$465K

Days on market

52

Down17.5%MoM

Homes for sale

232

Price cuts

22.5%

New listings

60

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

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The comparison

How do 89123 home prices compare?

  • 89123$436,802
  • Las Vegas$414,692
  • Nevada$420,721
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Vegas: 44 ZIPs; Nevada: 133 ZIPs; United States: 26,270 ZIPs).

Context

Inventory in 89123 includes 232 homes for sale, with 60 new listings added recently. The median list price is $465,000, and homes typically spend 52 days on market before selling. Price reductions appear on 22.5% of listings, suggesting negotiating room in most deals. The typical home value of $436,802 reflects a year-over-year decline of 3.4%, indicating a cooling market. Sellers should expect a slower sales process and be prepared for price adjustments.

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20% · $87,360

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