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Bavington Court Golf Ridge Terrace Michael Way North Cheyenne Rancho Corridor (Rancho Drive Corridor) Sierra Oeste Southwest Las Vegas Sterling Springs Summerlin Tanglewood Torrey Pines Twin Lakes Twin Lakes Country Club Woodcrest Village

LAS VEGAS, NV 89108

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 89108

Bavington Court · Golf Ridge Terrace · Michael Way · North Cheyenne · Rancho Corridor (Rancho Drive Corridor) · Sierra Oeste · Southwest Las Vegas · Sterling Springs · Summerlin · Tanglewood · Torrey Pines · Twin Lakes · Twin Lakes Country Club · Woodcrest Village

Market Analysis

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

The LAS VEGAS, NV real estate market (89108) currently shows 269 active listings, with 72 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 51 days last year.

The median listing price has fallen 10.4% year-over-year, from $384,900 to $345,000.

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: 75,498  ·  Density: 3,272.5/mi²  ·  Median household income: $55,935

Typical home value: $273,265  ·  Homeownership: 47.4%

Market Overview

Active Listings
269
⇧ 21.2% vs 222 last year
Pending
72
27% pending ratio
Median Price
$345,000
⇩ 10.4% vs $384,900 last year
Average Price
$367,302
⇩ 7.2% vs $395,715 last year
Days on Market
60
⇧ 17.6% vs 51 days last year

Price Per Square Foot

Median $/sqft
$243
⇩ 7.6% vs $263/sqft last year
Median Home Size
1,226 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 269 this year vs 222 last year
  • Days on market: 60 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $345,000 (-10.4% YoY)
  • Average: $367,302 (-7.2% 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 7.4 miles — 1,833 listings ($1,075,282,104 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89108Las Vegas, NV 891080.0 mi262$96,933,712$350,000$369,976
89107Las Vegas, NV 891072.5 mi128$62,896,896$359,900$491,382
89130Las Vegas, NV 891303.3 mi171$86,218,713$467,450$504,203
89145Las Vegas, NV 891453.9 mi137$112,782,784$445,000$823,232
89146Las Vegas, NV 891464.3 mi84$54,306,756$479,999$646,509
89134Las Vegas, NV 891344.7 mi239$190,040,372$529,000$795,148
89105Las Vegas, NV 891055.2 mi1$330,000$330,000$330,000
89030North Las Vegas, NV 890305.6 mi89$32,351,945$350,000$363,505
89149Las Vegas, NV 891496.0 mi241$213,220,894$599,500$884,734
89155Las Vegas, NV 891556.2 mi1$750,000$750,000$750,000
89103Las Vegas, NV 891036.4 mi246$123,834,432$304,950$503,392
89147Las Vegas, NV 891477.1 mi220$94,127,000$404,998$427,850
89085North Las Vegas, NV 890857.4 mi14$7,488,600$519,500$534,900

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89108?

As of February 2026, there are 269 active listings in LAS VEGAS, NV (zip code 89108), compared to 222 the prior year.

What is the median home price in LAS VEGAS, NV 89108?

The median listing price in LAS VEGAS, NV 89108 is $345,000 as of February 2026, a 10.4% decrease from $384,900 the prior year.

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

Homes in LAS VEGAS, NV 89108 spend an average of 60 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in LAS VEGAS, NV 89108?

Based on current inventory and days-on-market data as of February 2026, LAS VEGAS, NV 89108 is currently a Buyer's Market. Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 51 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 89108 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $345,000. 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.