Live MLS Market Report

89148 Home Prices & Market Report

Live Las Vegas ZIP 89148 (Southwest / NREG office area) market data, refreshed hourly from the Greater Las Vegas Association of Realtors MLS via Repliers IDX. Median sold price is currently flat, +0.3% over the trailing twelve months.

Median List Price
$520,995
+0.3% YoY
Median DOM
30 d
last 90 d
$ per Sqft
$264
sold med
Months of Inventory
7.4 mo
buyer's market
12-month median sold price trend
070809101112010203040506
Low $475K · High $510K

Recent comparable sales in 89148

AddressSold$/sqftDOMPrice
5824 Wisteria Walk$22970d$412,000
7343 Ringquist$28518d$380,000
8938 Whitten Park$254169d$485,000

Who lives in ZIP 89148

ZIP 89148 tracks the metro average for age, with a median of 40, with 28% of households raising children. Owner-occupancy sits at 56%, in line with the county average, and median household income ($85K) outpaces the county's $74K. 37% of adults hold a bachelor's degree or higher — well above the 26% county average.

Population57,246
Median HH Income$85K
Median Age40
Owner-Occupied56%
Bachelor’s+37%
Has Children28%

Homes for sale in 89148

Listing data sourced from GLVAR via Repliers IDX. Information deemed reliable but not guaranteed. Updated continuously.

ZIP 89148 market — frequently asked questions

What is the median home price in ZIP 89148?

The median home price in ZIP 89148 (Southwest / NREG office area, Las Vegas) is approximately $520,995, pricing roughly flat year over year per Greater Las Vegas REALTORS MLS data.

Is ZIP 89148 a buyer's or seller's market right now?

ZIP 89148 is currently a buyer's market, running about 7.4 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 89148?

Homes in ZIP 89148 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 89148 rising or falling?

Median prices in ZIP 89148 are roughly flat 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 89148?

ZIP 89148 contains 2 named communities: Spring Valley (89148 portion) ($425K-$725K); Mountains Edge edge (north) ($450K-$850K). Each has its own HOA, CC&Rs, and amenity mix.

What is the price per square foot in ZIP 89148?

Recent sales in ZIP 89148 are clearing at roughly $264 per square foot. Price-per-square-foot varies by community, age, and condition within the ZIP.

What are recent comparable sales in ZIP 89148?

Recent comparable sales in ZIP 89148 include 5824 Wisteria Walk ($412,000, $229/sqft); 7343 Ringquist ($380,000, $285/sqft); 8938 Whitten Park ($485,000, $254/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.

Buying or selling in 89148?

Nevada Real Estate Group has placed 9,600+ families across Las Vegas — including hundreds in ZIP 89148. 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.

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