89135 Housing Market Report January 2025Clark County, Nevada

hero building illustration for mobile

Housing Prices in 89135, NV

How much do homes in 89135, NV cost?

Housing Market Conditions

Is 89135, NV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

89135 is a Seller's Market

Difference Since January 2024

Since last year, 89135 has remained a Seller's Market.

Insight

89135 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$748,833$347/SqFt
+$81,176
+12.2%

Based on all homes sold in the last 12 months

Insight

Homes in 89135 have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in 89135 was $748,833 in January 2025, up 12.2% from last year, and the median price per square foot was $347.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
89145
+15.1%
89135
+12.2%
89117
+11.9%
89147
+9.5%
89144
-1.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$350K$358.7K
+2.5%
2$480K$582.5K
+21.4%
3$606K$663.3K
+9.5%
4$1.2M$1.1M
-7.1%
5$1.8M$2.3M
+25.3%

Summary: 89135 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.5%. The home price for 2 bedroom homes increased by +21.4%. The home price for 3 bedroom homes increased by +9.5%. The home price for 4 bedroom homes decreased by -7.1%. The home price for 5 bedroom homes increased by +25.3%.

Housing supply in 89135, NV

How many homes are available in 89135, NV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
275Last MonthJan 2025
2272 months agoDec 2024
+21.1 %
Change MoMDec – Jan

Summary: The 89135 real estate market had 275 homes for sale in Jan 2025, a 21.1 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
53Last MonthJan 2025
362 months agoDec 2024
+47.2 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
143
-25.0%
24870
+45.8%
390102
+13.3%
45663
+12.5%
52937
+27.6%

Summary: 89135 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes increased by +45.8%. The inventory for 3 bedroom homes increased by +13.3%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes increased by +27.6%.

Asking Price vs. Sold Price

How much do homes in 89135, NV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price7 Homes

Under Asking Price43 Homes

Insight

If you're buying a home in 89135, you may be able to get a good deal. 81.1% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 89135 in January 2025, up by 47.2% month-over-month. Of the 53 sold homes, 81% were sold under asking, 13% were sold at asking, and and 6% were sold over asking.

Days on Market for 89135, NV

How long does it take to sell a home in 89135, NV?

Breakdown of Home Sale Times

Under 30 Days26 Homes

30 – 90 Days20 Homes

Over 90 Days7 Homes

Insight

Many homes in 89135 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 53 homes were sold in 89135; 49% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
43 DaysThis YearJan 2025
55 Days1 year agoJan 2024
-21.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 89135 had an average listing age of 43 days in Jan 2025, down by 21.3% compared to the previous year.

Newest Listings in 89135, NV

What homes are available in 89135, NV?

MLS Disclaimers and Copyright

Based on information from Greater Las Vegas MLS, for the period 02/01/2023 - 02/01/2025

IDX 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: 2/7/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.