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La Madre Peaks

LAS VEGAS, NV 89138

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

Market Analysis

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

The LAS VEGAS, NV real estate market (89138) currently shows 277 active listings, with 66 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 35 days last year.

The median listing price has fallen 1.9% year-over-year, from $875,000 to $858,250.

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: 21,855  ·  Density: 463.7/mi²  ·  Median household income: $157,170

Typical home value: $693,751  ·  Homeownership: 80.3%

Market Overview

Active Listings
277
⇧ 15.4% vs 240 last year
Pending
66
24% pending ratio
Median Price
$858,250
⇩ 1.9% vs $875,000 last year
Average Price
$1,064,069
⇩ 1.1% vs $1,076,151 last year
Days on Market
38
⇧ 8.6% vs 35 days last year

Price Per Square Foot

Median $/sqft
$384
⇧ 1.3% vs $379/sqft last year
Median Home Size
2,384 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 277 this year vs 240 last year
  • Days on market: 38 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $858,250 (-1.9% YoY)
  • Average: $1,064,069 (-1.1% 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 11.9 miles — 2,432 listings ($2,142,855,245 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89138Las Vegas, NV 891380.0 mi252$263,348,568$849,998$1,045,034
89134Las Vegas, NV 891343.2 mi273$231,530,481$539,700$848,097
89145Las Vegas, NV 891455.5 mi150$109,413,150$432,500$729,421
89149Las Vegas, NV 891496.2 mi270$239,290,200$672,475$886,260
89135Las Vegas, NV 891357.4 mi294$634,084,206$945,500$2,156,749
89108Las Vegas, NV 891087.9 mi269$98,804,238$345,000$367,302
89146Las Vegas, NV 891468.7 mi94$60,376,106$493,700$642,299
89143Las Vegas, NV 891439.2 mi78$49,988,562$556,500$640,879
89148Las Vegas, NV 8914810.3 mi264$175,802,880$532,450$665,920
89102Las Vegas, NV 8910210.7 mi133$66,045,406$388,500$496,582
89166Las Vegas, NV 8916611.0 mi244$146,865,308$579,913$601,907
89106Las Vegas, NV 8910611.4 mi98$60,615,352$349,900$618,524
89085North Las Vegas, NV 8908511.9 mi13$6,690,788$498,470$514,676

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89138?

As of March 2026, there are 277 active listings in LAS VEGAS, NV (zip code 89138), compared to 240 the prior year.

What is the median home price in LAS VEGAS, NV 89138?

The median listing price in LAS VEGAS, NV 89138 is $858,250 as of March 2026, a 1.9% decrease from $875,000 the prior year.

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

Homes in LAS VEGAS, NV 89138 spend an average of 38 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in LAS VEGAS, NV 89138?

Based on current inventory and days-on-market data as of March 2026, LAS VEGAS, NV 89138 is currently a Buyer's Market. Inventory has increased compared to last year, with 37 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 35 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 89138 save an estimated $17,165 compared to a typical 5% commission on the median listing price of $858,250. 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.