Is Las Vegas, NV 89109 a buyer’s or seller’s market?

The Las Vegas housing market right now

In the three months ending August 31, 2026, 5% of homes in Las Vegas, NV 89109 sold above their list price, the typical home went under contract in 94 days and there were 9.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 85 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold more slowly (89 days then) and the median sale price fell 20% to $367,841. Overall, Las Vegas is less competitive than a year ago, which gives buyers more room.

Within Clark County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Las Vegas ranks #99 of 100 NV ZIP codes with enough sales (score 6 out of 100).

Nearby, buyers who want less competition could look at Las Vegas 89161 (0% sold over asking) or Las Vegas 89124 (0% sold over asking), while Logandale 89021 (33% sold over asking) and Moapa 89025 (33% sold over asking) are even more competitive.