Is Las Vegas, NV 89117 a buyer’s or seller’s market?

The Las Vegas housing market right now

In the three months ending August 31, 2026, 8% of homes in Las Vegas, NV 89117 sold above their list price, the typical home went under contract in 52 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 189 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold faster (55 days then) and the median sale price held steady to $516,277. Overall, Las Vegas is less competitive than a year ago, which gives buyers more room.

Within Clark County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Las Vegas ranks #80 of 100 NV ZIP codes with enough sales (score 22 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.