Market Intelligence · NV / Las Vegas

Las Vegas, NV 89148 Housing Market

The typical home value in Las Vegas, NV 89148 is $469,726, down 4.6% over the past year. The median list price stands at $527,000, with homes spending a median of 52 days on market.

Updated August 2026Median value$470K

The median home value in Las Vegas, NV 89148 is $470K as of August 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

$432K to $507K

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: $492K in Jul 2025 to $470K in Jul 2026 (-4.6%).

Jul 2025$492K

Jul 2026$470K

The numbers

What is the 89148 housing market like?

Typical home value

$470K

Down4.6%YoY

Median list price

$519K

Down1.6%MoM

Days on market

58

Up11.5%MoM

Homes for sale

260

Down1.9%MoM

Price cuts

27.7%

Up3.7%MoM

New listings

76

Flat0.0%MoM

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

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The comparison

How do 89148 home prices compare?

  • 89148$469,726
  • 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 89148 ZIP has 265 homes for sale as of July 2026, with 76 new listings entering the market. The median days on market of 52 suggests a moderate pace of sales activity. However, 26.7% of listings have seen price cuts, indicating sellers are adjusting to softer demand. Combined with the year-over-year decline in typical home value, the market favors buyers who negotiate. If you are considering selling, expect to price competitively and prepare for a longer holding period than in stronger markets.

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