Market Intelligence · NV / Las Vegas

Las Vegas, NV 89166 Housing Market

Homes in 89166 have a typical value of $492,502, down 1.6% over the past year. The median list price sits at $542,500, with homes averaging 53 days on the market as of September 2026.

Updated September 2026Median value$493K

The median home value in Las Vegas, NV 89166 is $493K as of September 2026, down 1.6% 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 89166 range

$453K to $532K

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

-1.6% over 12 months

Sep 2025$500K

Low $493KHigh $503K

Sep 2026$493K

The numbers

What is the 89166 housing market like?

As of September 2026

Typical home value

$493K

1.6%YoY

Median list price

$543K

1.4%MoM

Days on market

6.0%MoM

Homes for sale

254

1.2%MoM

Price cuts

34.2%

23.8%MoM

New listings

10.5%MoM

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

The outlook

89166 housing market forecast 2027

-1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89166 to fall 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 89166 fell 1.6%, per the Zillow Home Value Index.

Will home prices drop in 89166?

Zillow's forecast says they may: it expects typical home values in 89166 to fall 1.1% by September 2027, after a 1.6% 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 89166 home prices compare?

89166$492,502
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

The Las Vegas 89166 market shows mixed signals. There are 254 homes for sale, with 68 new listings added recently, suggesting steady inventory flow. However, 34.2% of listings have taken a price cut, reflecting buyer hesitation in a cooling market. The gap between median list price and typical home value hints at overpricing in some segments. For a seller, this environment favors realistic pricing and strong presentation.

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Down payment20% · $98,500

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Common questions

What people ask us.

What is the typical home value in 89166?

The typical home value is $492,502, down 1.6% from the year prior as of September 2026.

How long do homes typically stay on the market in 89166?

Homes in 89166 average 53 days on the market as of September 2026.

How many homes are currently for sale in 89166?

There are 254 homes for sale in 89166 as of September 2026.

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