89148 Home Prices & Market Report
Live Las Vegas ZIP 89148 (Southwest / NREG office area) market data, refreshed hourly from the Greater Las Vegas Association of Realtors MLS via Repliers IDX. Median sold price is currently softening, -6.7% over the trailing twelve months.
Recent comparable sales in 89148
Who lives in ZIP 89148
ZIP 89148 tracks the metro average for age, with a median of 40, with 28% of households raising children. Owner-occupancy sits at 56%, in line with the county average, and median household income ($85K) outpaces the county's $74K. 37% of adults hold a bachelor's degree or higher — well above the 26% county average.
Homes for sale in 89148
Listing data sourced from GLVAR via Repliers IDX. Information deemed reliable but not guaranteed. Updated continuously.
ZIP 89148 market — frequently asked questions
What is the median home price in ZIP 89148?
The median home price in ZIP 89148 (Southwest / NREG office area, Las Vegas) is approximately $550,000, pricing down 6.7% year over year per Greater Las Vegas REALTORS MLS data.
Is ZIP 89148 a buyer's or seller's market right now?
ZIP 89148 is currently a buyer's market, running about 6.2 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 89148?
Homes in ZIP 89148 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 89148 rising or falling?
Median prices in ZIP 89148 are down 6.7% 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 89148?
ZIP 89148 contains 2 named communities: Spring Valley (89148 portion) ($425K-$725K); Mountains Edge edge (north) ($450K-$850K). Each has its own HOA, CC&Rs, and amenity mix.
What is the price per square foot in ZIP 89148?
Recent sales in ZIP 89148 are clearing at roughly $264 per square foot. Price-per-square-foot varies by community, age, and condition within the ZIP.
What are recent comparable sales in ZIP 89148?
Recent comparable sales in ZIP 89148 include 326 Hillhead ($500,000, $225/sqft); 217 Wicked Wedge ($433,000, $258/sqft); 5299 Blue Gum ($395,000, $300/sqft). For a full closed-comp set tailored to your home or target price, call (702) 637-1759.
Nearby ZIP code market reports
Compare 89148 with adjacent Las Vegas-area ZIP codes — each report is refreshed hourly from the same live MLS feed.
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Buying or selling in 89148?
Nevada Real Estate Group has placed 9,600+ families across Las Vegas — including hundreds in ZIP 89148. 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.