Published October 25, 2026 in Market Update

A slower part of Las Vegas is giving buyers more room

By Alexandra Malenkina Your Nevada Real Estate Broker
Real estate, Las Vegas, NV

These numbers cover the three months ending August 31, 2026. One ZIP code stands out from the rest of Las Vegas.

The Real Estate Data Aggregator counted 8.9 months of supply in ZIP 89109 for that period. That is the most of any ZIP code in this data. More supply means buyers have more homes to compare and more room to talk on price.

Months of supply in ZIP 89109
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Realtor.com reported that 20.8% of listings across the country had price cuts in September 2026. That was the highest share since October 2022. ZIP 89109 fits that pattern well.

The Real Estate Data Aggregator put the median days on market in ZIP 89109 at 94 days. That is 5 days longer than the same period a year before. Sellers in this ZIP need to plan for a longer wait.

ZIP 89109 at a glance, three months ending August 31, 2026
Median days on market
5 days longer than a year before
Months of supply
down 1.7 months from a year before
Homes sold above list price
down 3.1 points from a year before
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The Real Estate Data Aggregator shows only 4.8% of homes in ZIP 89109 sold above list price. That is the lowest of any ZIP code with a full data set here. Buyers in this area are rarely in a bidding war.

How ZIP 89109 compares with nearby ZIPs

Not every part of Las Vegas moves this slowly. The Real Estate Data Aggregator counted 3.8 months of supply in ZIP 89106 and 4.5 months in ZIP 89107. Those are much tighter markets.

Months of supply by ZIP code, three months ending August 31, 2026
89109 – Las Vegas, NV8.9 months89169 – Las Vegas, NV8.7 months89137 – Las Vegas, NV8.2 months89146 – Las Vegas, NV4.8 months89107 – Las Vegas, NV4.5 months89102 – Las Vegas, NV6.2 months89106 – Las Vegas, NV3.8 months
Real Estate Data Aggregator, three months ending August 31, 2026. Higher means more supply for buyers to choose from.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

In ZIP 89107, 38.5% of homes went under contract within two weeks of listing, per the Real Estate Data Aggregator. In ZIP 89109, that share was just 13.5%. Same city, very different pace.

Speed and competition: ZIP 89109 vs. ZIP 89107, three months ending August 31, 2026
89109 (slower)89107 (faster)
Median days on market94 days47 days
Homes sold above list price4.8%25.3%
Under contract within 2 weeks13.5%38.5%
Months of supply8.94.5
Real Estate Data Aggregator, three months ending August 31, 2026.

What the wider market is doing

Redfin reported that Las Vegas home prices fell 0.1% month over month in September 2026. Year over year, Redfin put the gain at 1.3%. Prices are holding, but only just.

Realtor.com reported the median home price for the Las Vegas-Henderson-North Las Vegas area at $464,900 in September 2026. The Real Estate Data Aggregator put the median sale price in ZIP 89109 at $378,000 for the three months ending August 31, 2026. That is well below the area figure.

Realtor.com also reported that mortgage rates climbed above 7% in September 2026. CNBC noted that a monthly payment on a median-priced home was roughly 33% of a median family's income in 2025. Affordability is still a real pressure for buyers.

The Real Estate Data Aggregator counted a median sale price of $378,000 in ZIP 89109, down 18.2% from the same period a year before. That is a meaningful drop. It reflects a mix of what sold, not a single trend line.

ZIP 89109 median sale price · Three months ending Aug 31, 2026
Las Vegas area median home price (Realtor.com, Sep 2026) · September 2026

What this means if you own or are buying in ZIP 89109

If you are a buyer here, you have time. The Real Estate Data Aggregator shows 243 homes for sale in ZIP 89109 during this period. That is the most of any ZIP in this data. You can compare carefully and ask questions before you commit.

If you are a seller, the 95.5% sale-to-list ratio from the Real Estate Data Aggregator tells you most homes sold for a little less than asking. Pricing close to where similar homes actually closed will matter more here than in tighter ZIPs.

In short
  1. ZIP 89109 is the slowest ZIP in this data right now.
  2. Buyers get more time and more choices.
  3. Sellers need to price carefully and be patient.
  4. The rest of Las Vegas is moving faster, so the ZIP code you are in changes everything.

One street can read very differently from the ZIP code around it. The numbers above are a starting point, not the whole story for your block.

Your next step

(725) 999-4902

Text me your address and I will send back how your Las Vegas home compares with what actually sold in your ZIP, including days on market and the final sale-to-list ratio. Takes a day, costs nothing.

Text me
Where these numbers came from
Alexandra Malenkina Your Nevada Real Estate Broker
Nevada Realty Experts · (725) 999-4902
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Alexandra Malenkina Your Nevada Real Estate Broker is a licensed real estate agent with Nevada Realty Experts (license #B.1001643), license #B.1001643. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Alexandra Malenkina Your Nevada Real Estate Broker · Nevada Realty ExpertsEQUAL HOUSING OPPORTUNITY