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, +2.3% over the trailing twelve months.
Recent comparable sales in 89131
Who lives in ZIP 89131
ZIP 89131 skews older — median age 50, well above Clark County's 38, with 23% of households raising children. Owner-occupancy runs at 91%, well above the 57% county average, and median household income ($128K) significantly outpaces the county's $74K. 27% of adults hold a bachelor's degree, in line with the county, and annual residential turnover (35%) is markedly lower than the county's 41% — signaling a stable, long-tenure neighborhood.
Homes for sale 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 $720,000, pricing up 2.3% 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 6.3 months of inventory with homes selling in a median of 29 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 29 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 2.3% 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 $251 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 6360 Racel ($1,495,000, $488/sqft); 8113 Bay Dunes ($676,000, $253/sqft); 8520 Berkley Hall ($615,000, $231/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.
Nearby ZIP code market reports
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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.