89147 Home Prices & Market Report
Live Las Vegas ZIP 89147 (Southwest Spring Valley) market data, refreshed hourly from the Greater Las Vegas Association of Realtors MLS via Repliers IDX. Median sold price is currently softening, -2.3% over the trailing twelve months.
Recent comparable sales in 89147
Who lives in ZIP 89147
ZIP 89147 tracks the metro average for age, with a median of 39, with 25% of households raising children. Just 50% of homes are owner-occupied, below the 57% county average, and median household income ($72K) tracks the county. 30% of adults hold a bachelor's degree, in line with the county.
Homes for sale in 89147
Listing data sourced from GLVAR via Repliers IDX. Information deemed reliable but not guaranteed. Updated continuously.
ZIP 89147 market — frequently asked questions
What is the median home price in ZIP 89147?
The median home price in ZIP 89147 (Southwest Spring Valley, Las Vegas) is approximately $400,000, pricing down 2.3% year over year per Greater Las Vegas REALTORS MLS data.
Is ZIP 89147 a buyer's or seller's market right now?
ZIP 89147 is currently a balanced market, running about 5.5 months of inventory with homes selling in a median of 30 days. Under 3 months of inventory favors sellers, 3–6 months is balanced, and over 6 months favors buyers.
How long do homes take to sell in ZIP 89147?
Homes in ZIP 89147 are going under contract in a median of about 30 days. Well-priced, move-in-ready homes typically sell faster, while above-market listings sit longer.
Are home prices in ZIP 89147 rising or falling?
Median prices in ZIP 89147 are down 2.3% year over year based on GLVAR MLS closings. Month-to-month figures move with inventory and seasonality — the trend shown reflects the trailing twelve months.
What communities are in ZIP 89147?
ZIP 89147 contains 2 named communities: Spring Valley (89147 portion) ($350K-$625K); Mountains Edge edge (north) ($425K-$725K). Each has its own HOA, CC&Rs, and amenity mix.
What is the price per square foot in ZIP 89147?
Recent sales in ZIP 89147 are clearing at roughly $255 per square foot. Price-per-square-foot varies by community, age, and condition within the ZIP.
What are recent comparable sales in ZIP 89147?
Recent comparable sales in ZIP 89147 include 3991 Camelot Cove ($760,000, $292/sqft); 7045 Grasswood ($435,000, $219/sqft); 7400 Flamingo ($240,000, $203/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.
Nearby ZIP code market reports
Compare 89147 with adjacent Las Vegas-area ZIP codes — each report is refreshed hourly from the same live MLS feed.
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Buying or selling in 89147?
Nevada Real Estate Group has placed 9,600+ families across Las Vegas — including hundreds in ZIP 89147. Get a free Las Vegas comparative market analysis on your home, or if you need to sell fast, get a cash offer on your Las Vegas home.