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LAS VEGAS, NV 89161

Real Estate Market Report  ·  Clark County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LAS VEGAS, NV real estate market (89161) currently shows 4 active listings. Homes are averaging 115 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 115 days on market compared to 316 days last year.

The median listing price has fallen 35.3% year-over-year, from $2,193,000 to $1,419,950.

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: 427  ·  Density: 1.1/mi²  ·  Median household income: $73,333

Typical home value: $0  ·  Homeownership: 83.7%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$1,419,950
⇩ 35.3% vs $2,193,000 last year
Average Price
$1,516,225
⇩ 30.9% vs $2,193,000 last year
Days on Market
115
⇩ 63.6% vs 316 days last year

Price Per Square Foot

Median $/sqft
$809
⇧ 25.6% vs $644/sqft last year
Median Home Size
2,045 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 115 now vs 316 last year

Median & Average Pricing

Year over Year
  • Median: $1,419,950 (-35.3% YoY)
  • Average: $1,516,225 (-30.9% 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 18.6 miles — 2,263 listings ($1,620,896,424 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89161Las Vegas, NV 891610.0 mi4$6,464,900$1,382,450$1,616,225
89148Las Vegas, NV 8914810.6 mi264$175,802,880$532,450$665,920
89113Las Vegas, NV 8911312.4 mi271$205,530,736$539,888$758,416
89179Las Vegas, NV 8917913.2 mi53$28,419,501$499,475$536,217
89144Las Vegas, NV 8914413.4 mi129$132,177,012$652,500$1,024,628
89145Las Vegas, NV 8914514.7 mi150$109,413,150$432,500$729,421
89139Las Vegas, NV 8913915.2 mi166$116,571,176$556,000$702,236
89141Las Vegas, NV 8914115.7 mi307$358,143,130$619,375$1,166,590
89146Las Vegas, NV 8914616.1 mi94$60,376,106$493,700$642,299
89129Las Vegas, NV 8912917.4 mi243$156,255,561$473,500$643,027
89107Las Vegas, NV 8910717.9 mi135$75,149,640$382,419$556,664
89183Las Vegas, NV 8918318.4 mi178$97,788,394$407,495$549,373
89108Las Vegas, NV 8910818.6 mi269$98,804,238$345,000$367,302

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89161?

As of March 2026, there are 4 active listings in LAS VEGAS, NV (zip code 89161), compared to 3 the prior year.

What is the median home price in LAS VEGAS, NV 89161?

The median listing price in LAS VEGAS, NV 89161 is $1,419,950 as of March 2026, a 35.3% decrease from $2,193,000 the prior year.

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

Homes in LAS VEGAS, NV 89161 spend an average of 115 days on the market before going under contract, compared to 316 days the prior year.

Is it a seller's or buyer's market in LAS VEGAS, NV 89161?

Based on current inventory and days-on-market data as of March 2026, LAS VEGAS, NV 89161 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 115 days on market compared to 316 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 89161 save an estimated $28,399 compared to a typical 5% commission on the median listing price of $1,419,950. 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.