Market Intelligence · NV / Las Vegas

Las Vegas, NV 89124 Housing Market

Homes in Las Vegas, NV 89124 have a typical value of $512,191, down 6.0% over the past year. The median list price sits at $929,950, and properties are taking a median 134 days to sell.

Updated September 2026Median value$512K

The median home value in Las Vegas, NV 89124 is $512K as of September 2026, down 6.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 89124 range

$471K to $553K

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

-6.0% over 12 months

Sep 2025$545K

Low $512KHigh $545K

Sep 2026$512K

The numbers

What is the 89124 housing market like?

As of September 2026

Typical home value

$512K

6.0%YoY

Median list price

$930K

2.7%MoM

Days on market

134

21.8%MoM

Homes for sale

2.8%MoM

Price cuts

4.4%

57.8%MoM

New listings

50.0%MoM

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

The outlook

89124 housing market forecast 2027

-1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89124 to fall 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 89124 fell 6.0%, per the Zillow Home Value Index.

Will home prices drop in 89124?

Zillow's forecast says they may: it expects typical home values in 89124 to fall 1.2% by September 2027, after a 6.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 89124 home prices compare?

89124$512,191
Las Vegas$405,943
Nevada$417,293
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Vegas: 44 ZIPs; Nevada: 133 ZIPs; United States: 26,262 ZIPs).

Context

The 89124 ZIP code has 35 homes currently for sale, with 6 new listings added in September 2026. Median days on market of 134 reflects a slower sales pace typical of softer real-estate conditions. Only 4.4% of listings have posted a price cut, suggesting most sellers are holding firm on asking prices despite the year-over-year value decline. For homeowners considering a sale, the longer marketing timeline and recent value drop signal a buyer-favoring market where patience and realistic pricing will matter.

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Down payment20% · $102,438

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Common questions

What people ask us.

What is the typical home value in 89124?

The typical home value in 89124 is $512,191, down 6.0% over the past year as of September 2026.

How many homes are currently for sale in 89124?

There are 35 homes for sale in the area as of September 2026, with 6 new listings added that month.

How long are homes taking to sell in 89124?

Homes are taking a median of 134 days to sell in 89124 as of September 2026.

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