Live MLS Market Report · Townhomes & Condos

89123 Home Prices & Market Report

Live Las Vegas ZIP 89123 (Silverado Ranch / Sunset corridor) market data, refreshed hourly from the Greater Las Vegas Association of Realtors MLS via Repliers IDX. Median sold price is currently softening, -14.6% over the trailing twelve months.

Median List Price
$287,900
-14.6% YoY
Median DOM
43 d
last 90 d
$ per Sqft
$239
sold med
Months of Inventory
8.1 mo
buyer's market
12-month median sold price trend
080910111201020304050607
Low $225K · High $305K

Recent comparable sales in 89123

AddressSold$/sqftDOMPrice
38 Serene$23672d$268,000
68 Serene$24362d$275,000
32 Serene$205138d$215,000

Who lives in ZIP 89123

ZIP 89123 tracks the metro average for age, with a median of 41, with 26% of households raising children. Owner-occupancy sits at 55%, in line with the county average, and median household income ($86K) outpaces the county's $74K. 29% of adults hold a bachelor's degree, in line with the county.

Population61,798
Median HH Income$86K
Median Age41
Owner-Occupied55%
Bachelor’s+29%
Has Children26%

Homes for sale in 89123

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

ZIP 89123 market — frequently asked questions

What is the median home price in ZIP 89123?

The median home price in ZIP 89123 (Silverado Ranch / Sunset corridor, Las Vegas) is approximately $287,900, pricing down 14.6% year over year per Greater Las Vegas REALTORS MLS data.

Is ZIP 89123 a buyer's or seller's market right now?

ZIP 89123 is currently a buyer's market, running about 8.1 months of inventory with homes selling in a median of 43 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 89123?

Homes in ZIP 89123 are going under contract in a median of about 43 days. Well-priced, move-in-ready homes typically sell faster, while above-market listings sit longer.

Are home prices in ZIP 89123 rising or falling?

Median prices in ZIP 89123 are down 14.6% 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 89123?

ZIP 89123 contains 2 named communities: Silverado Ranch ($375K-$700K); Southern Highlands edge ($450K-$900K). Each has its own HOA, CC&Rs, and amenity mix.

What is the price per square foot in ZIP 89123?

Recent sales in ZIP 89123 are clearing at roughly $239 per square foot. Price-per-square-foot varies by community, age, and condition within the ZIP.

What are recent comparable sales in ZIP 89123?

Recent comparable sales in ZIP 89123 include 38 Serene ($268,000, $236/sqft); 68 Serene ($275,000, $243/sqft); 32 Serene ($215,000, $205/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.

Buying or selling in 89123?

Nevada Real Estate Group has placed 9,600+ families across Las Vegas — including hundreds in ZIP 89123. 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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