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Northwest Town Center Southwest Las Vegas Spring Valley The Lakes

LAS VEGAS, NV 89147

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

Neighborhoods in ZIP 89147

Northwest Town Center · Southwest Las Vegas · Spring Valley · The Lakes

Market Analysis

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

The LAS VEGAS, NV real estate market (89147) currently shows 230 active listings, with 65 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 35 days last year.

The median listing price has fallen 0% year-over-year, from $425,000 to $425,000.

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 Context

Market Context

Population: 55,914  ·  Density: 2,935.1/mi²  ·  Median household income: $68,251

Typical home value: $344,358  ·  Homeownership: 51.0%

Market Overview

Active Listings
230
⇧ 26.4% vs 182 last year
Pending
65
28% pending ratio
Median Price
$425,000
vs $425,000 last year
Average Price
$440,185
⇩ 6% vs $468,327 last year
Days on Market
53
⇧ 51.4% vs 35 days last year

Price Per Square Foot

Median $/sqft
$255
⇩ 5.9% vs $271/sqft last year
Median Home Size
1,539 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 230 this year vs 182 last year
  • Days on market: 53 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $425,000 (+0% YoY)
  • Average: $440,185 (-6% 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 8.8 miles — 2,451 listings ($1,719,545,818 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89147Las Vegas, NV 891470.0 mi236$102,547,664$417,775$434,524
89148Las Vegas, NV 891483.5 mi264$175,802,880$532,450$665,920
89113Las Vegas, NV 891133.8 mi271$205,530,736$539,888$758,416
89103Las Vegas, NV 891033.8 mi262$137,644,844$312,473$525,362
89144Las Vegas, NV 891445.0 mi129$132,177,012$652,500$1,024,628
89107Las Vegas, NV 891075.6 mi135$75,149,640$382,419$556,664
89158Las Vegas, NV 891585.8 mi44$60,479,056$677,499$1,374,524
89134Las Vegas, NV 891346.4 mi273$231,530,481$539,700$848,097
89139Las Vegas, NV 891396.7 mi166$116,571,176$556,000$702,236
89119Las Vegas, NV 891197.7 mi175$62,178,200$225,000$355,304
89138Las Vegas, NV 891387.8 mi252$263,348,568$849,998$1,045,034
89129Las Vegas, NV 891298.3 mi243$156,255,561$473,500$643,027
89105Las Vegas, NV 891058.8 mi1$330,000$330,000$330,000

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89147?

As of March 2026, there are 230 active listings in LAS VEGAS, NV (zip code 89147), compared to 182 the prior year.

What is the median home price in LAS VEGAS, NV 89147?

The median listing price in LAS VEGAS, NV 89147 is $425,000 as of March 2026, a 0% increase from $425,000 the prior year.

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

Homes in LAS VEGAS, NV 89147 spend an average of 53 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 89147?

Based on current inventory and days-on-market data as of March 2026, LAS VEGAS, NV 89147 is currently a Buyer's Market. Inventory has increased compared to last year, with 48 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 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 89147 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.