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PAHRUMP, NV 89048

Real Estate Market Report  ·  Nye County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PAHRUMP, NV real estate market (89048) currently shows 185 active listings, with 26 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 43 days last year.

The median listing price has fallen 7.2% year-over-year, from $469,950 to $435,900.

Whether you are buying or selling in PAHRUMP, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,091  ·  Density: 112.7/mi²  ·  Median household income: $52,690

Typical home value: $259,485  ·  Homeownership: 72.1%

Market Overview

Active Listings
185
⇧ 27.6% vs 145 last year
Pending
26
14% pending ratio
Median Price
$435,900
⇩ 7.2% vs $469,950 last year
Average Price
$515,420
⇩ 16.3% vs $615,811 last year
Days on Market
63
⇧ 46.5% vs 43 days last year

Price Per Square Foot

Median $/sqft
$219
⇧ 0.9% vs $217/sqft last year
Median Home Size
2,037 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 185 this year vs 145 last year
  • Days on market: 63 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $435,900 (-7.2% YoY)
  • Average: $515,420 (-16.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 42.5 miles — 2,205 listings ($1,681,052,682 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89048Pahrump, NV 890480.0 mi186$96,561,714$434,900$519,149
89060Pahrump, NV 8906016.0 mi58$26,492,254$375,000$456,763
89161Las Vegas, NV 8916129.6 mi4$6,464,900$1,382,450$1,616,225
89018Indian Springs, NV 8901833.2 mi10$4,162,800$397,500$416,280
89138Las Vegas, NV 8913834.9 mi252$263,348,568$849,998$1,045,034
89144Las Vegas, NV 8914437.3 mi129$132,177,012$652,500$1,024,628
89134Las Vegas, NV 8913438.0 mi273$231,530,481$539,700$848,097
89148Las Vegas, NV 8914839.3 mi264$175,802,880$532,450$665,920
89117Las Vegas, NV 8911739.6 mi293$269,576,994$532,486$920,058
89145Las Vegas, NV 8914539.7 mi150$109,413,150$432,500$729,421
89128Las Vegas, NV 8912840.4 mi221$99,615,087$315,500$450,747
89113Las Vegas, NV 8911341.2 mi271$205,530,736$539,888$758,416
89146Las Vegas, NV 8914642.5 mi94$60,376,106$493,700$642,299

Frequently Asked Questions

How many homes are for sale in PAHRUMP, NV 89048?

As of March 2026, there are 185 active listings in PAHRUMP, NV (zip code 89048), compared to 145 the prior year.

What is the median home price in PAHRUMP, NV 89048?

The median listing price in PAHRUMP, NV 89048 is $435,900 as of March 2026, a 7.2% decrease from $469,950 the prior year.

How long do homes stay on the market in PAHRUMP, NV?

Homes in PAHRUMP, NV 89048 spend an average of 63 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in PAHRUMP, NV 89048?

Based on current inventory and days-on-market data as of March 2026, PAHRUMP, NV 89048 is currently a Buyer's Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 43 days last year.

How much can I save on real estate commission in PAHRUMP, NV?

With SELL123.com's maximum 3% commission, sellers in PAHRUMP, NV 89048 save an estimated $8,718 compared to a typical 5% commission on the median listing price of $435,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.