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Market Intelligence · NV / Pahrump

Pahrump, NV 89048 Housing Market

The typical home value in Pahrump, NV 89048 is $367,694, up 1.0% over the past year as of September 2026. The median list price sits at $449,623, and homes spend a median of 66 days on the market.

Updated September 2026Median value$368K

The median home value in Pahrump, NV 89048 is $368K as of September 2026, up 1.0% 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 89048 range

$338K to $397K

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

+1.0% over 12 months

Typical home value in 89048 over the last 12 months: $364K in Sep 2025 to $368K in Sep 2026 (+1.0%).

Sep 2025$364K

Sep 2026$368K

The numbers

What is the 89048 housing market like?

Typical home value

$368K

Up1.0%YoY

Median list price

$450K

Flat0.0%MoM

Days on market

66

Up3.1%MoM

Homes for sale

180

Up4.7%MoM

Price cuts

29.3%

Up39.7%MoM

New listings

34

Down22.7%MoM

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

The outlook

89048 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89048 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 89048 rose 1.0%, per the Zillow Home Value Index.

Will home prices drop in 89048?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 89048 to stay roughly flat by September 2027 (up 0.1%), after a 1.0% rise 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 89048 home prices compare?

  • 89048$367,694
  • Pahrump$367,694
  • 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 (Pahrump: 3 ZIPs; Nevada: 133 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Pahrump, NV 89048 had 180 homes for sale, with 34 new listings added. The median list price of $449,623 runs well above the typical home value of $367,694, which rose 1.0% over the past year. Homes are taking a median of 66 days to sell, and 29.3% of listings have had a price cut. That points to a market where asking prices often start higher than buyers are willing to pay. For a seller, the honest takeaway is that pricing right from the start matters more than testing the top of the market.

Monthly payment

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20% · $73,539

Common questions

What people ask us.

How much is a home in 89048 worth?

The typical home value in Pahrump, NV 89048 is $367,694, up 1.0% over the past year as of September 2026. The median list price is $449,623.

How long does it take to sell a home in 89048?

Homes in 89048 spend a median of 66 days on the market as of September 2026.

Are sellers cutting prices in 89048?

Yes. As of September 2026, 29.3% of listings in 89048 had a price cut.

Discover

Nearby ZIP markets.

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Guides for sellers.