Market Intelligence · NV / Las Vegas

Las Vegas, NV 89148 Housing Market

The typical home value in 89148 is $462,901, down 4.2% over the past year. The median list price stands at $520,000, and homes are taking 54 days to sell as of September 2026.

Updated September 2026Median value$463K

The median home value in Las Vegas, NV 89148 is $463K as of September 2026, down 4.2% 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 89148 range

$426K to $500K

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

-4.2% over 12 months

Sep 2025$483K

Low $463KHigh $483K

Sep 2026$463K

The numbers

What is the 89148 housing market like?

As of September 2026

Typical home value

$463K

4.2%YoY

Median list price

$520K

0.3%MoM

Days on market

6.9%MoM

Homes for sale

267

2.7%MoM

Price cuts

28.8%

3.9%MoM

New listings

13.2%MoM

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

The outlook

89148 housing market forecast 2027

-1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89148 to fall 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 89148 fell 4.2%, per the Zillow Home Value Index.

Will home prices drop in 89148?

Zillow's forecast says they may: it expects typical home values in 89148 to fall 1.3% by September 2027, after a 4.2% 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 89148 home prices compare?

89148$462,901
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

Las Vegas 89148 shows a cooling market. There are 267 homes for sale with 86 new listings arriving in September 2026. The median days on market of 54 reflects a slower pace, and nearly three in ten listings have seen price reductions. For sellers, this is a buyer-favorable environment where home values are declining and competition is increasing.

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Common questions

What people ask us.

What is the typical home value in 89148?

The typical home value is $462,901, down 4.2% over the past year as of September 2026.

How long do homes take to sell in this area?

The median days on market is 54 as of September 2026.

What percentage of homes have price cuts in 89148?

As of September 2026, 28.8% of listings have a price cut.

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Nearby ZIP markets.

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