1 day on RocketTour
$3,907 Closing Credit¹
#2671991, Miaojun Zhu, Listing Office: The Zhu Realty Group, LLC
89118 Housing Market Report March 2025•Clark County, Nevada
Housing Prices in 89118, NV
How much do homes in 89118, NV cost?
Housing Market Conditions
Is 89118, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89118 is a Buyer's Market
Difference Since March 2024
At the same time last year, 89118 was a Seller's Market.
Insight
89118 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$358,333$248/SqFt
+$16,333
+4.8%
Based on all homes sold in the last 12 months
Insight
Homes in 89118 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 89118 was $358,333 in March 2025, up 4.8% from last year, and the median price per square foot was $248.
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $200.5K | $210K | +4.7% |
| 22 Bedrooms | $270K | $280K | +3.7% |
| 33 Bedrooms | $360K | $365K | +1.4% |
| 44 Bedrooms | $535K | $605.7K | +13.2% |
| 55+ Bedrooms | $705K | $917.5K | +30.1% |
Summary: 89118 housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.7%. The home price for 2 bedroom homes increased by +3.7%. The home price for 3 bedroom homes increased by +1.4%. The home price for 4 bedroom homes increased by +13.2%. The home price for 5 bedroom homes increased by +30.1%.
How does 89118, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
89118, NV
Housing supply in 89118, NV
How many homes are available in 89118, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 145Last MonthMar 2025 | ||
| 1112 months agoFeb 2025 | +30.6 % Change MoMFeb – Mar |
Summary: The 89118 real estate market had 145 homes for sale in Mar 2025, a 30.6 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthMar 2025 | ||
| 152 months agoFeb 2025 | -13.3 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 13 | 15 | +15.4% |
| 22 Bedrooms | 39 | 51 | +30.8% |
| 44 Bedrooms | 20 | 22 | +10.0% |
| 33 Bedrooms | 25 | 37 | +48.0% |
| 55+ Bedrooms | 14 | 20 | +42.9% |
Summary: 89118 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +15.4%. The inventory for 2 bedroom homes increased by +30.8%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes increased by +48.0%. The inventory for 5 bedroom homes increased by +42.9%.
Asking Price vs. Sold Price
How much do homes in 89118, NV cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in 89118, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 89118 in March 2025, down by 13.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and and 23% were sold over asking.
Days on Market for 89118, NV
How long does it take to sell a home in 89118, NV?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Insight
Many homes in 89118 are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 13 homes were sold in 89118; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 39 DaysThis YearMar 2025 | ||
| 39 Days1 year agoMar 2024 | +0.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in 89118 had an average listing age of 39 days in Mar 2025, up by 0.7% compared to the previous year.
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Newest Listings in 89118, NV
What homes are available in 89118, NV?
1 day on RocketTour
$5,213 Closing Credit¹
#2671965, Michael M Cheung, Listing Office: Garden Realty LLC
1 day on Rocket
$7,232 Closing Credit¹
#2668945, Hatairat Busadee, Listing Office: Keller Williams MarketPlace
1 day on RocketTour
$2,654 Closing Credit¹
#2671818, Will A. Vicuna, Listing Office: Go Global Realty
2 days on RocketTour
$3,561 Closing Credit¹
#2671774, Jui Ting Weng, Listing Office: RE/MAX United
2 days on RocketTour
$2,613 Closing Credit¹
#2671777, Kathleen Choi, Listing Office: Nevada Real Estate Corp
4 days on RocketTour
$2,375 Closing Credit¹
#2671194, Matthew Suiter, Listing Office: BHHS Nevada Properties
4 days on RocketTour
$3,562 Closing Credit¹
#2671227, Ramon C. Wu, Listing Office: O'Harmony Realty LLC
5 days on RocketTour
$3,194 Closing Credit¹
#2670277, Yang Zou, Listing Office: eNational Realty Group
6 days on RocketTour
$3,444 Closing Credit¹
#2670648, Jeannie Wey, Listing Office: POA Commercial
7 days on RocketTour
$2,553 Closing Credit¹
#2669358, Scott A. Beaudry, Listing Office: BHGRE Universal
Tour
$3,444 Closing Credit¹
#2668834, Laureen K. Zamora, Listing Office: JohnHart Real Estate
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 04/01/2023 - 04/01/2025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.