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Arden Boulder Junction Bracken Off-Strip Paradise Southwest Las Vegas Spring Valley Technology Park

LAS VEGAS, NV 89118

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

Neighborhoods in ZIP 89118

Arden · Boulder Junction · Bracken · Off-Strip · Paradise · Southwest Las Vegas · Spring Valley · Technology Park

Market Analysis

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

The LAS VEGAS, NV real estate market (89118) currently shows 150 active listings, with 24 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71 days on market compared to 42 days last year.

The median listing price has fallen 21.5% year-over-year, from $369,500 to $290,172.

Whether you are buying or selling in LAS VEGAS, 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: 23,108  ·  Density: 841.9/mi²  ·  Median household income: $65,929

Typical home value: $373,100  ·  Homeownership: 41.1%

Market Overview

Active Listings
150
⇧ 22% vs 123 last year
Pending
24
16% pending ratio
Median Price
$290,172
⇩ 21.5% vs $369,500 last year
Average Price
$655,593
⇩ 26.5% vs $892,249 last year
Days on Market
71
⇧ 69% vs 42 days last year

Price Per Square Foot

Median $/sqft
$256
⇩ 4.1% vs $267/sqft last year
Median Home Size
1,131 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 150 this year vs 123 last year
  • Days on market: 71 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $290,172 (-21.5% YoY)
  • Average: $655,593 (-26.5% 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 7.9 miles — 2,371 listings ($1,653,484,818 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89118Las Vegas, NV 891180.0 mi145$94,288,135$284,250$650,263
89158Las Vegas, NV 891582.8 mi44$60,479,056$677,499$1,374,524
89113Las Vegas, NV 891133.0 mi271$205,530,736$539,888$758,416
89109Las Vegas, NV 891094.3 mi296$164,558,832$357,444$555,942
89146Las Vegas, NV 891464.6 mi94$60,376,106$493,700$642,299
89148Las Vegas, NV 891484.8 mi264$175,802,880$532,450$665,920
89169Las Vegas, NV 891695.1 mi148$57,328,244$244,500$387,353
89141Las Vegas, NV 891416.2 mi307$358,143,130$619,375$1,166,590
89183Las Vegas, NV 891836.4 mi178$97,788,394$407,495$549,373
89145Las Vegas, NV 891457.1 mi150$109,413,150$432,500$729,421
89105Las Vegas, NV 891057.7 mi1$330,000$330,000$330,000
89178Las Vegas, NV 891787.7 mi231$131,700,723$506,250$570,133
89074Henderson, NV 890747.9 mi242$137,745,432$462,450$569,196

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89118?

As of March 2026, there are 150 active listings in LAS VEGAS, NV (zip code 89118), compared to 123 the prior year.

What is the median home price in LAS VEGAS, NV 89118?

The median listing price in LAS VEGAS, NV 89118 is $290,172 as of March 2026, a 21.5% decrease from $369,500 the prior year.

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

Homes in LAS VEGAS, NV 89118 spend an average of 71 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in LAS VEGAS, NV 89118?

Based on current inventory and days-on-market data as of March 2026, LAS VEGAS, NV 89118 is currently a Buyer's Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAS VEGAS, NV 89118 save an estimated $5,803 compared to a typical 5% commission on the median listing price of $290,172. 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.