Published October 18, 2026 in Market Update

One part of nevada (DOTW) is moving on less supply

LV
By Lisa Valentine
Real estate, Stateline, Zephyr Cove & Glenbrook Homes

These numbers cover the three months ending August 31, 2026. That is the period to keep in mind as you read.

The tightest part of this market is ZIP 89448. The Real Estate Data Aggregator counted just 26 homes for sale there, down 36.6% from a year before. Nationally, Realtor.com reported 1.16 million active listings in September 2026. The gap between that national picture and 89448 is real.

Months of supply in ZIP 89448 (Real Estate Data Aggregator)
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The Real Estate Data Aggregator put months of supply in 89448 at 2.7, down 7 months from the same period in 2025. That is a sharp drop. Fewer choices for buyers, less competition for sellers. But tighter supply does not mean fast sales.

The Real Estate Data Aggregator recorded a median of 88 days on market in 89448, which is 34 days longer than the same period a year ago. Pending sales rose 50% year over year to 27 homes. Demand is there. It just takes time to close.

ZIP 89448, three months ending August 31, 2026
Median sale price
Up 37.4% year over year
Homes sold
Up 130.8% year over year
Median days on market
34 days longer than a year ago
Pending sales
Up 50% year over year
Months of supply
Down 7 months year over year
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Price still has to match the market

In 89448, the Real Estate Data Aggregator showed homes selling at 94.5% of list price on average, down 2.1 points from a year ago. Only 3.3% of homes sold above list, down 19.8 points. Those two figures together say buyers are not panicking, even with thin supply.

Nationally, Realtor.com reported price cuts on 20.8% of listings in September 2026, the highest share since October 2022. Mortgage rates climbed above 7% for the first time since January 2025, according to Realtor.com. That is the backdrop buyers in 89448 are working against.

The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. The median sale price in 89448 rose 37.4% over the same stretch, according to the Real Estate Data Aggregator. That is a very different story from the national one.

How the three ZIP codes compare

The market here covers ZIPs 89449, 89448 and 89413. Each one reads differently.

Three ZIP codes, three months ending August 31, 2026 (Real Estate Data Aggregator)
894488944989413
Median sale price$1,907,500$1,150,000$5,500,000
Months of supply2.76.311.7
Median days on market888256
Homes for sale267219
Sale to list price94.5%95.7%96.9%
89448 has the tightest supply. 89413 has the fastest median sale and the best sale-to-list ratio, but only 5 homes sold.

ZIP 89413 had only 5 homes sold, according to the Real Estate Data Aggregator. Its 11.7 months of supply is the loosest of the three. The median sale price there was $5,500,000. With that few sales, one home can move the median a long way. Read those numbers carefully.

ZIP 89449 sat in the middle. The Real Estate Data Aggregator counted 35 homes sold, a median price of $1,150,000, up 19.2% year over year. Days on market came in at 82, which is 8 days shorter than a year ago. New listings rose 25%, to 55.

Months of supply by ZIP, three months ending August 31, 2026
89448 – Zephyr Cove, NV2.7 months89449 – Stateline, NV6.3 months89413 – Glenbrook, NV11.7 months
Real Estate Data Aggregator. Lower means fewer homes relative to the pace of sales.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

The wider rate picture

Redfin reported the weekly average mortgage rate hit 7.4% on October 8, 2026, a three-year high. Redfin also put the typical homebuyer's monthly payment at $2,777, the highest on record except for the previous week. That cost is real for anyone financing a purchase here.

CNBC reported Fannie Mae forecasts the 30-year fixed rate at 7.5% for all of 2027. That is not a prediction from this office. It is a number worth knowing if you are planning a move next year.

In short
  1. 89448 has the tightest supply in this market, with 2.7 months and inventory down 36.6%.
  2. Pending sales are up 50%.
  3. But homes still take a median of 88 days to sell, and buyers are not paying over list.
  4. In 89449, conditions are more balanced.
  5. In 89413, the sample is too small to read as a trend.
  6. Across all three ZIPs together, the Real Estate Data Aggregator counted 70 homes sold, 117 for sale and 62 pending in the three months ending August 31, 2026.

One street can read very differently from the ZIP code around it. A home on a quiet cul-de-sac may sit longer or move faster than the median suggests. If you want to know where your address lands, send it over.

Your next step

(775) 292-0809

Text me your address and I will send back how your home compares with the 70 that sold in nevada (DOTW) in the three months ending August 31, 2026, including days on market and where prices landed. Takes a day, costs nothing.

Text me
Where these numbers came from
Lisa Valentine
Coldwell Banker Select · (775) 292-0809
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Lisa Valentine is a licensed real estate agent with Coldwell Banker Select (license #01167801 (CA DRE) · BS.0143561 (NV)). Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Lisa Valentine · Coldwell Banker SelectEQUAL HOUSING OPPORTUNITY