ZIP Code 89048 — Pahrump, NV Home Prices (2026)
The typical home in ZIP 89048 (Pahrump, Nevada) is worth about $378,000 at roughly $221 per square foot — about the same as the Pahrump median and 29% more expensive than the typical U.S. home.
How 89048 compares
ZIP 89048 is a mid-priced ZIP code for Pahrump: its typical home value of $378,000 ranks #2 of the 3 Pahrump ZIP codes we track (the citywide range runs from $333,000 in 89060 to $386,000 in 89061). Per square foot it costs about $221, against $221 for Pahrump as a whole, $259 for Nevada, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 89048 | $378,000 | $221 |
| Pahrump, NV | $378,000 | $221 |
| Nevada | $423,500 | $259 |
| United States | $294,000 | $195 |
Home value by size in 89048
Using this ZIP’s rate of about $221 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $221,000 |
| 1,500 sq ft | $331,500 |
| 2,000 sq ft | $442,000 |
| 2,500 sq ft | $552,500 |
| 3,000 sq ft | $663,000 |
Salary needed to buy a home in ZIP 89048
To buy the typical $378,000 home in ZIP 89048 with 20% down, you need a household income of roughly $103,000 a year (about $2,400 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $122,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $18,900 | $2,980/mo | $128,000/yr |
| 10% (+PMI) | $37,800 | $2,850/mo | $122,000/yr |
| 20% | $75,600 | $2,400/mo | $103,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 89048
At about $221 per square foot, here is roughly how much home different budgets get you in ZIP 89048:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 900 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1130 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1360 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1810 sq ft | around the typical home here |
| $500k | 2260 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 89048 home.
Estimate a specific home in 89048
The estimator below is pre-set to ZIP 89048 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Pahrump ZIP codes by home value
Where 89048 sits among Pahrump’s 3 ZIP codes:
ZIP 89048 home prices: frequently asked
What is the average home price in ZIP code 89048? +
What is the price per square foot in 89048? +
What salary do you need to buy a house in ZIP 89048? +
Is 89048 an expensive ZIP code? +
See the full Pahrump home values page, all Nevada cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.