Is Las Vegas, NV 89138 a buyer’s or seller’s market?

The Las Vegas housing market right now

In the three months ending August 31, 2026, 7% of homes in Las Vegas, NV 89138 sold above their list price, the typical home went under contract in 70 days and there were 4.2 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 249 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold more slowly (59 days then) and the median sale price rose 5% to $799,654. Overall, Las Vegas is about as competitive as it was a year ago.

Within Clark County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Las Vegas ranks #87 of 100 NV ZIP codes with enough sales (score 19 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.