Market Intelligence · NV / Las Vegas

Las Vegas, NV 89138 Housing Market

The typical home value in 89138 is $766,102, down 2.8% over the past year. The median list price stands at $848,950, with homes taking a median of 48 days to sell.

Updated August 2026Median value$766K

The median home value in Las Vegas, NV 89138 is $766K as of August 2026, down 2.8% 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 89138 range

$705K to $827K

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

-2.8% over 12 months

Typical home value in 89138 over the last 12 months: $788K in Jul 2025 to $766K in Jul 2026 (-2.8%).

Jul 2025$788K

Jul 2026$766K

The numbers

What is the 89138 housing market like?

Typical home value

$766K

Down2.8%YoY

Median list price

$840K

Down1.1%MoM

Days on market

50

Up4.2%MoM

Homes for sale

271

Up6.3%MoM

Price cuts

28.3%

Up13.2%MoM

New listings

76

Down17.4%MoM

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

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The comparison

How do 89138 home prices compare?

  • 89138$766,102
  • Las Vegas$413,243
  • Nevada$420,873
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Las Vegas: 44 ZIPs; Nevada: 133 ZIPs; United States: 26,266 ZIPs).

Context

The 89138 market shows mixed signals. There are 255 homes for sale and 92 new listings as of early July 2026, suggesting steady supply. The median days on market of 48 indicates reasonable buyer activity, though not brisk. A significant 25.0% of listings have seen price cuts, reflecting some seller adjustment. For homeowners considering a sale, the recent year-over-year decline in home values means timing and pricing strategy matter more than usual.

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