The 89040 housing market is somewhat competitive. The median sale price of a home in 89040 was $350K over the last 3 months, down 5.2% since the same period last year. The median sale price per square foot in 89040 is $213, down 2.5% since last year.
Over the three months ending August 2026, 89040 home prices were down 5.2% compared to the same period last year, selling for a median price of $350K. On average, homes in 89040 sell after 44 days on the market compared to 63 days last year. There were 9 homes sold in August this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$349,849
-5.2% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
89040, NV
$349,849
-5.2%
United States
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How hot is the 89040 housing market?
89040 is somewhat competitive. Homes sell in 76 days.
0
100
39
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 76 days.
Hot homes
can sell for around list price and go pending in around 44 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 89040 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 89040.
Flood Factor - Major
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
89040 has a major risk of flooding. 1,133 properties in 89040 are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in 89040. Flood risk is increasing slower than the national average.
81% of properties are at risk of wildfire over the next 30 years
Fire Factor
89040 has a moderate risk of wildfire. There are 3,412 properties in 89040 that have some risk of being affected by wildfire over the next 30 years. This represents 81% of all properties in 89040.