The story of this market
The typical home in ZIP 89124 sells for about $567,500, or $358 per square foot.
Prices are down 57.8% from a year ago, which gives buyers more room to negotiate. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,686 a month.
ZIP 89124 — Las Vegas
The 89124 housing market is currently experiencing significant volatility with a sharp year-over-year decline in median sale prices and low transaction volume. Many specific metrics, including rental rates, demographic profiles, and tax data, are not currently published at the ZIP level for this area. Market activity is characterized by a small number of closed sales and a high variance in listing prices.
Median prices moved down 57.8% year over year.
Homes spend a median of 36 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Nevada) — Disabled Veterans Property Tax Exemption: Provides a partial exemption from property taxes based on the veteran's disability rating, which is applied to the assessed value of the property. State (Nevada) — Nevada Property Tax Assessment and Levy: Property tax is calculated using the formula: (Taxable Value * 0.35) * Tax Rate = Total Property Tax. Taxable value is determined by county assessors, and the assessment ratio is fixed at 35% of taxable value.
- Spring Mountain Motor Resort and Country Club4.814.2 mi
- Nevada Treasure RV Resort4.414.6 mi
- Lee Canyon4.54.9 mi
- Spring Mountains Visitor Gateway4.810.4 mi
- Desert View Overlook4.87.2 mi
- Mary Jane Falls Trailhead4.87.1 mi
- Mt Charleston Wilderness4.98.4 mi
- Pahrump Valley Museum4.716.1 mi
- Lee Canyon4.54.9 mi
- Spring Mountains Visitor Gateway4.810.4 mi
- Fletcher Canyon Trailhead4.89.5 mi
- Cathedral Rock Trailhead4.88.3 mi
- Desert View Overlook4.87.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 43.1% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $323,000 (-43.1% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.