Market Intelligence · NV / Las Vegas

Las Vegas, NV 89161 Housing Market

The typical home in 89161 is worth $1,052,603, down 6.3% over the past year. Just 2 homes are for sale, with a median list price of $1,075,000 and a median time on market of 165 days.

Updated August 2026Median value$1053K

The median home value in Las Vegas, NV 89161 is $1.05M as of August 2026, down 6.3% 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 89161 range

$968K to $1.14M

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

-6.3% over 12 months

Typical home value in 89161 over the last 12 months: $1.12M in Jul 2025 to $1.05M in Jul 2026 (-6.3%).

Jul 2025$1.12M

Jul 2026$1.05M

The numbers

What is the 89161 housing market like?

Typical home value

$1.05M

Down6.3%YoY

Median list price

$1.07M

Down0.7%MoM

Days on market

186

Up12.7%MoM

Homes for sale

2

Flat0.0%MoM

Price cuts

0.0%

New listings

0

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

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The comparison

How do 89161 home prices compare?

  • 89161$1,052,603
  • 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

Supply is extremely limited in this ZIP, with only 2 homes for sale and 0 new listings as of the latest data. The median list price sits at $1,075,000, while the typical home value has declined 6.3% year over year to $1,052,603. Properties are taking 165 days to sell on average. For sellers, the combination of scarce inventory and falling values suggests a cautious market where pricing strategy will be critical.

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