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 rising, +2.4% over the trailing twelve months.

Median List Price
$329,000
+2.4% YoY
Median DOM
48 d
last 90 d
$ per Sqft
$232
sold med
Months of Inventory
9 mo
buyer's market
12-month median sold price trend
0911120102030405060708
Low $219K · High $378K

Recent comparable sales in 89131

AddressSold$/sqftDOMPrice
6868 Sky Pointe$25433d$219,000
6868 Sky Pointe$22225d$279,000
7310 Decatur$2136d$350,000

Who lives in ZIP 89131

ZIP 89131 skews slightly younger than average, with a median age of 35 vs 38 county-wide, and 49% of households raise children — well above the county's 30%. Owner-occupancy runs at 80%, well above the 57% county average, and median household income ($131K) significantly outpaces the county's $74K. 34% of adults hold a bachelor's degree or higher — well above the 26% county average, and annual residential turnover (27%) is markedly lower than the county's 41% — signaling a stable, long-tenure neighborhood.

Population8,458
Median HH Income$131K
Median Age35
Owner-Occupied80%
Bachelor’s+34%
Has Children49%

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 $329,000, pricing up 2.4% 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 9 months of inventory with homes selling in a median of 48 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 48 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 2.4% 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 $232 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 6868 Sky Pointe ($219,000, $254/sqft); 6868 Sky Pointe ($279,000, $222/sqft); 7310 Decatur ($350,000, $213/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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