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Is Las Vegas, NV 89118 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Las Vegas is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score29/ 100

More competitive than 24% of U.S. ZIP codes, and #66 of 100 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6.8Under 4 months = seller’s market
Sold above original list17.5%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$239▼ −10.3% vs. last year

Run the numbers for 89118

Prefilled for 89118Can I win this house?Multiple-offer likelihood for a listing Prefilled for 89118Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blue Diamond 89004 — /sq ftBoulder City 89005Balanced $289 /sq ftBunkerville 89007 — /sq ftCal Nev Ari 89039 — /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology