Live MLS Market Report · Townhomes & Condos

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 softening, -2.9% over the trailing twelve months.

Median List Price
$325,000
-2.9% YoY
Median DOM
39 d
last 90 d
$ per Sqft
$233
sold med
Months of Inventory
7.3 mo
buyer's market
12-month median sold price trend
111201020304050607080910
Low $242K · High $378K

Recent comparable sales in 89131

AddressSold$/sqftDOMPrice
8809 Briar Bay—$16737d$249,000
8952 Sandy Isle—$2585d$385,000
6868 Sky Pointe—$23117d$275,875

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 $325,000, pricing down 2.9% 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 7.3 months of inventory with homes selling in a median of 39 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 39 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 down 2.9% 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 $233 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 8809 Briar Bay ($249,000, $167/sqft); 8952 Sandy Isle ($385,000, $258/sqft); 6868 Sky Pointe ($275,875, $231/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.

Get my home’s value →

Talk to a Local Vegas Area Specialist

Discuss your real estate plans.
Just answers from Nevada's #1 team.

Tell us about the home, area and timing you want to discuss.

or call (702) 637-1759

★★★★★ 9,097+ Reviews · #1 Team in Nevada · 9,600+ Homes Sold · No spam · Reply in 1 hr

⚖ Equal Housing Opportunity