89118 Home Prices & Market Report
Live Las Vegas ZIP 89118 (South of Strip / Town Square corridor) market data, refreshed hourly from the Greater Las Vegas Association of Realtors MLS via Repliers IDX. Median sold price is currently rising, +3.3% over the trailing twelve months.
Recent comparable sales in 89118
Who lives in ZIP 89118
ZIP 89118 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 89118
Listing data sourced from GLVAR via Repliers IDX. Information deemed reliable but not guaranteed. Updated continuously.
ZIP 89118 market — frequently asked questions
What is the median home price in ZIP 89118?
The median home price in ZIP 89118 (South of Strip / Town Square corridor, Las Vegas) is approximately $632,250, pricing up 3.3% year over year per Greater Las Vegas REALTORS MLS data.
Is ZIP 89118 a buyer's or seller's market right now?
ZIP 89118 is currently a buyer's market, running about 8.6 months of inventory with homes selling in a median of 31 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 89118?
Homes in ZIP 89118 are going under contract in a median of about 31 days. Well-priced, move-in-ready homes typically sell faster, while above-market listings sit longer.
Are home prices in ZIP 89118 rising or falling?
Median prices in ZIP 89118 are up 3.3% 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 89118?
ZIP 89118 contains 2 named communities: Town Square / Las Vegas Blvd corridor ($350K-$700K); South Las Vegas residential ($325K-$575K). Each has its own HOA, CC&Rs, and amenity mix.
What is the price per square foot in ZIP 89118?
Recent sales in ZIP 89118 are clearing at roughly $268 per square foot. Price-per-square-foot varies by community, age, and condition within the ZIP.
What are recent comparable sales in ZIP 89118?
Recent comparable sales in ZIP 89118 include 5256 Prism ($344,000, $232/sqft); 6430 Goody ($550,000, $239/sqft); 7171 Crowntop ($1,230,000, $310/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.
Nearby ZIP code market reports
Compare 89118 with adjacent Las Vegas-area ZIP codes — each report is refreshed hourly from the same live MLS feed.
See every metro ZIP on the Las Vegas ZIP code directory, view the Las Vegas ZIP code map, or explore the Las Vegas community hub.
Buying or selling in 89118?
Nevada Real Estate Group has placed 9,600+ families across Las Vegas — including hundreds in ZIP 89118. 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.