Live MLS Market Report · Single-Family Homes

89131 Home Prices & Market Report

Live Las Vegas ZIP 89131 (Northwest Centennial Hills / Iron Mountain) market data, refreshed hourly from the Greater Las Vegas Association of Realtors MLS via Repliers IDX. Median sold price is currently rising, +13.3% over the trailing twelve months.

Median List Price
$649,000
+13.3% YoY
Median DOM
30 d
last 90 d
$ per Sqft
$253
sold med
Months of Inventory
6.4 mo
buyer's market
12-month median sold price trend
10111201020304050607080910
Low $465K · High $900K

Recent comparable sales in 89131

AddressSold$/sqftDOMPrice
7650 Cowboy—$2875d$721,000
6460 Racel—$7633d$1,400,000
6908 Via Locanda—$235226d$1,160,000

Housing data for ZIP 89131

Population7,043
Owner-Occupied78%

Live MLS listings in 89131

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

ZIP 89131 market — frequently asked questions

What is the median home price in ZIP 89131?

The median home price in ZIP 89131 (Northwest Centennial Hills / Iron Mountain, Las Vegas) is approximately $649,000, pricing up 13.3% year over year per Greater Las Vegas REALTORS MLS data.

Is ZIP 89131 a buyer's or seller's market right now?

ZIP 89131 is currently a buyer's market, running about 6.4 months of inventory with homes selling in a median of 30 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 89131?

Homes in ZIP 89131 are going under contract in a median of about 30 days. Well-priced, move-in-ready homes typically sell faster, while above-market listings sit longer.

Are home prices in ZIP 89131 rising or falling?

Median prices in ZIP 89131 are up 13.3% 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 89131?

ZIP 89131 contains 2 named communities: Iron Mountain Ranch ($475K-$850K); Centennial Hills (89131 portion) ($425K-$725K). Each has its own HOA, CC&Rs, and amenity mix.

What is the price per square foot in ZIP 89131?

Recent sales in ZIP 89131 are clearing at roughly $253 per square foot. Price-per-square-foot varies by community, age, and condition within the ZIP.

What are recent comparable sales in ZIP 89131?

Recent comparable sales in ZIP 89131 include 7650 Cowboy ($721,000, $287/sqft); 6460 Racel ($1,400,000, $763/sqft); 6908 Via Locanda ($1,160,000, $235/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.

Buying or selling in 89131?

Nevada Real Estate Group has placed 9,600+ families across Las Vegas — including hundreds in ZIP 89131. 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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