Market Intelligence · NV / Las Vegas

Las Vegas, NV 89148 Housing Market

The typical home value in Las Vegas 89148 is $471,905, down 4.6% over the past year. The median list price stands at $528,975, with homes spending a median of 44 days on market.

Updated June 2026Median value$472K

The median home value in Las Vegas, NV 89148 is $472K as of June 2026, down 4.6% 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 89148 range

$434K to $510K

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

-4.6% over 12 months

Typical home value in 89148 over the last 12 months: $494K in Jun 2025 to $472K in Jun 2026 (-4.6%).

Jun 2025$494K

Jun 2026$472K

The numbers

What is the 89148 housing market like?

Typical home value

$472K

Down4.6%YoY

Median list price

$529K

Days on market

44

Down18.5%MoM

Homes for sale

248

Price cuts

25.5%

New listings

94

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

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The comparison

How do 89148 home prices compare?

  • 89148$471,905
  • 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

There are 248 homes for sale in 89148 as of June 2026, with 94 new listings added recently. The median list price is $528,975, and homes typically stay listed for 44 days. A notable indicator of market pressure is the 25.5% of listings carrying a price cut. The combination of a declining home value and rising inventory suggests this is a buyer-friendly environment. If you're considering selling, expect more negotiation and longer holding periods than in previous years.

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