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Silverado Ranch

LAS VEGAS, NV 89123

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

Market Overview

Active Listings
255
⇧ 34.9% vs 189 last year
Pending
48
19% pending ratio
Median Price
$450,000
⇧ 3% vs $437,000 last year
Average Price
$570,164
⇧ 5.7% vs $539,206 last year
Days on Market
68
⇧ 15.3% vs 59 days last year

Market Context

Population: 58,882  ·  Density: 2,194.9/mi²  ·  Median household income: $78,195

Typical home value: $396,563  ·  Homeownership: 56.2%

Market Analysis

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

The LAS VEGAS, NV real estate market (89123) currently shows 255 active listings, with 48 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 59 days last year.

The median listing price has risen 3% year-over-year, from $437,000 to $450,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 255 this year vs 189 last year
  • Days on market: 68 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $450,000 (+3% YoY)
  • Average: $570,164 (+5.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.1 miles — 2,609 listings ($1,562,849,331 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89123Las Vegas, NV 891230.0 mi255$145,391,820$450,000$570,164
89119Las Vegas, NV 891193.4 mi161$59,117,912$226,000$367,192
89074Henderson, NV 890743.8 mi227$139,625,203$485,000$615,089
89052Henderson, NV 890524.5 mi325$376,160,200$658,000$1,157,416
89118Las Vegas, NV 891184.6 mi135$90,850,545$299,995$672,967
89014Henderson, NV 890145.4 mi135$71,704,710$440,000$531,146
89169Las Vegas, NV 891696.2 mi147$58,282,413$254,950$396,479
89103Las Vegas, NV 891036.4 mi246$123,834,432$304,950$503,392
89121Las Vegas, NV 891216.8 mi317$133,233,198$374,950$420,294
89102Las Vegas, NV 891027.9 mi123$62,616,840$389,500$509,080
89044Henderson, NV 890448.4 mi234$153,598,302$615,400$656,403
89146Las Vegas, NV 891468.6 mi84$54,306,756$479,999$646,509
89147Las Vegas, NV 891479.1 mi220$94,127,000$404,998$427,850

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89123?

As of January 2026, there are 255 active listings in LAS VEGAS, NV (zip code 89123), compared to 189 the prior year.

What is the median home price in LAS VEGAS, NV 89123?

The median listing price in LAS VEGAS, NV 89123 is $450,000 as of January 2026, a 3% increase from $437,000 the prior year.

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

Homes in LAS VEGAS, NV 89123 spend an average of 68 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in LAS VEGAS, NV 89123?

Based on current inventory and days-on-market data as of January 2026, LAS VEGAS, NV 89123 is currently a Buyer's Market. Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 59 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 89123 save an estimated $9,000 compared to a typical 5% commission on the median listing price of $450,000. 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.