How much is a home in 89123 worth?

The typical home value in 89123 is $429,452, down 3.3% over the past year. The median list price is $461,667.

How fast are homes selling in 89123?

Homes in 89123 are spending a median of 60 days on the market. That pace reflects a market where buyers have room to compare options.

Are sellers cutting prices in 89123?

Yes. As of 2026-08-01, 20.4% of listings in 89123 have had a price cut.

Market Intelligence · NV / Las Vegas

Las Vegas, NV 89123 Housing Market

The typical home value in Las Vegas, NV 89123 is $429,452, down 3.3% over the past year. The median list price is $461,667, and homes are spending a median of 60 days on the market.

Updated August 2026Median value$429K

The median home value in Las Vegas, NV 89123 is $429K as of August 2026, down 3.3% 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

$395K to $464K

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

-3.3% over 12 months

Aug 2025$444K

Low $429KHigh $444K

Aug 2026$429K

The numbers

What is the 89123 housing market like?

As of August 2026

Typical home value

$429K

3.3%YoY

Median list price

$462K

0.6%MoM

Days on market

1.6%MoM

Homes for sale

237

1.7%MoM

Price cuts

20.4%

15.1%MoM

New listings

8.1%MoM

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

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The comparison

How do 89123 home prices compare?

89123$429,452
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

As of 2026-08-01, there are 237 homes for sale in 89123, with 80 new listings hitting the market. That gives buyers a decent amount of choice, and sellers are adjusting to it: 20.4% of listings have taken a price cut. The typical home value of $429,452 is down 3.3% over the past year, while the median list price of $461,667 and median 60 days on market suggest homes are selling, just not quickly. For a seller, the takeaway is that pricing realistically from day one matters more than it did a year ago.

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