Market Intelligence · NV / Las Vegas

Las Vegas, NV 89124 Housing Market

The typical home value in Las Vegas, NV 89124 is $517,190, down 5.9% over the past year. Sellers are asking a median list price of $956,000, and homes are taking a median of 110 days to go under contract.

Updated August 2026Median value$517K

The median home value in Las Vegas, NV 89124 is $517K as of August 2026, down 5.9% 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 89124 range

$476K to $559K

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

-5.9% over 12 months

Typical home value in 89124 over the last 12 months: $550K in Aug 2025 to $517K in Aug 2026 (-5.9%).

Aug 2025$550K

Aug 2026$517K

The numbers

What is the 89124 housing market like?

Typical home value

$517K

Down5.9%YoY

Median list price

$956K

Up1.7%MoM

Days on market

110

Up26.4%MoM

Homes for sale

36

Flat0.0%MoM

Price cuts

10.5%

Down46.9%MoM

New listings

4

Flat0.0%MoM

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

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The comparison

How do 89124 home prices compare?

  • 89124$517,190
  • 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

There are 36 homes for sale in 89124 right now, with 4 new listings coming on the market. The median list price of $956,000 sits well above the typical home value of $517,190, and that value has fallen 5.9% over the past year. Buyers are not in a hurry, with a median of 110 days on market, and 10.5% of listings have already taken a price cut. That points to a market where asking prices are running ahead of what buyers are paying. If you are thinking about selling, expect a slower process and be prepared to price realistically from the start.

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