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Bracken Las Vegas Country Club Meadows Village Paradise Paradise North Paradise Palms Paradise Road Royal Crest Arms Spring Valley The Strip (The Las Vegas Strip) Winchester

LAS VEGAS, NV 89109

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

Neighborhoods in ZIP 89109

Bracken · Las Vegas Country Club · Meadows Village · Paradise · Paradise North · Paradise Palms · Paradise Road · Royal Crest Arms · Spring Valley · The Strip (The Las Vegas Strip) · Winchester

Market Analysis

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

The LAS VEGAS, NV real estate market (89109) currently shows 296 active listings, with 29 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 77 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 60 days last year.

The median listing price has fallen 31.1% year-over-year, from $518,750 to $357,444.

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: 6,490  ·  Density: 607.5/mi²  ·  Median household income: $49,818

Typical home value: $489,144  ·  Homeownership: 36.3%

Market Overview

Active Listings
296
⇧ 35.2% vs 219 last year
Pending
29
10% pending ratio
Median Price
$357,444
⇩ 31.1% vs $518,750 last year
Average Price
$555,942
⇩ 28.4% vs $776,252 last year
Days on Market
72
⇧ 20% vs 60 days last year

Price Per Square Foot

Median $/sqft
$472
⇩ 4.1% vs $492/sqft last year
Median Home Size
874 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 296 this year vs 219 last year
  • Days on market: 72 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $357,444 (-31.1% YoY)
  • Average: $555,942 (-28.4% 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 6.9 miles — 2,068 listings ($1,258,614,113 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89109Las Vegas, NV 891090.0 mi249$152,923,848$379,000$614,152
89158Las Vegas, NV 891581.6 mi43$53,396,325$669,500$1,241,775
89103Las Vegas, NV 891032.9 mi246$123,834,432$304,950$503,392
89105Las Vegas, NV 891053.4 mi1$330,000$330,000$330,000
89146Las Vegas, NV 891463.7 mi84$54,306,756$479,999$646,509
89101Las Vegas, NV 891014.0 mi113$51,266,970$397,000$453,690
89107Las Vegas, NV 891074.0 mi128$62,896,896$359,900$491,382
89118Las Vegas, NV 891184.3 mi135$90,850,545$299,995$672,967
89123Las Vegas, NV 891236.3 mi255$145,391,820$450,000$570,164
89108Las Vegas, NV 891086.4 mi262$96,933,712$350,000$369,976
89117Las Vegas, NV 891176.6 mi270$246,497,310$559,950$912,953
89110Las Vegas, NV 891106.9 mi145$67,202,715$394,950$463,467
89145Las Vegas, NV 891456.9 mi137$112,782,784$445,000$823,232

Frequently Asked Questions

How many homes are for sale in LAS VEGAS, NV 89109?

As of February 2026, there are 296 active listings in LAS VEGAS, NV (zip code 89109), compared to 219 the prior year.

What is the median home price in LAS VEGAS, NV 89109?

The median listing price in LAS VEGAS, NV 89109 is $357,444 as of February 2026, a 31.1% decrease from $518,750 the prior year.

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

Homes in LAS VEGAS, NV 89109 spend an average of 72 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in LAS VEGAS, NV 89109?

Based on current inventory and days-on-market data as of February 2026, LAS VEGAS, NV 89109 is currently a Buyer's Market. Inventory has increased compared to last year, with 77 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 60 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 89109 save an estimated $7,149 compared to a typical 5% commission on the median listing price of $357,444. 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.