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The Lakes · Las Vegas, Nevada

Price-Reduced Homes for Sale in The Lakes, NV

Every price-reduced home in The Lakes sits in ZIP code 89117, with 23 on the market right now. The largest groups are in Baycliff Creeks, where homes typically list under $300K, and Bluffs, typically $500K–$750K, followed by the Lakes subdivision itself. The rest are spread across many smaller subdivisions. The median list price is $525,000, and most homes fall between $375,000 and $695,000.

About seven in ten are single-family houses, about one in five are condominiums and about one in ten are townhouses. Roughly three in ten are single-story, and about the same share have a private pool. Nearly all were built before 1990, so roofs, HVAC systems, plumbing and windows deserve a close look in the inspection. Among homes that have HOA dues, the median is $40 a month, and condo and townhouse buyers should read what that fee covers.

A price cut tells you the seller adjusted the number, not why. Ask your agent for the full price history and how long the home has sat; the median here is 66 days listed. The current reductions are below.

September 2026 · Las Vegas market

Live from the Las Vegas MLS — what's actually happening in Las Vegas right now.

Full Las Vegas market report →
Median sale
$430,823
1,366 closed in September 2026
Median DOM
28 days
days on market
Sale-to-list
98.1%
of final list price
For sale now
23
price reduced in The Lakes

Home sales in Las Vegas. Based on information from the Las Vegas REALTORS® Multiple Listing Service for the period September 1, 2026 through September 30, 2026.

23 matching · page 1 of 1

Active listings

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Common questions

About price reduced in The Lakes.

Does a price reduction mean a home in The Lakes is a bargain? ▾

Not automatically. A cut means the seller lowered the asking price, and the new number still has to match what comparable homes in the neighborhood are selling for. With a median list price of $525,000 across these listings, compare each home's price per square foot ($264 median) with recent sales of similar homes nearby.

How old are the price-reduced homes in The Lakes, and what should I inspect? ▾

Nearly all were built before 1990, so age-related systems matter most. Have the roof, HVAC, water heater, plumbing supply lines and any original windows checked. Older homes also tend to have more wear on sewer lines and electrical panels, so ask for those to be looked at.

Which Lakes communities have the most reductions right now? ▾

Baycliff Creeks and Bluffs are the two largest groups, each holding about one in seven of these listings, and the Lakes subdivision follows. Baycliff Creeks homes typically list under $300K, while Bluffs and Lakes homes typically sit between $500K and $750K. Many other smaller subdivisions make up the rest.

Do the price-reduced homes with pools cost more to own? ▾

Yes, a pool adds ongoing costs for chemicals, power for the pump, cleaning and eventual equipment and resurfacing work. About three in ten homes here have a private pool. In a pre-1990 home, ask for a pool inspection and the age of the pump, heater and plaster.

How do HOA dues work for condos and townhouses in The Lakes? ▾

Condos and townhouses typically have a monthly HOA fee, and the median among homes with one is $40. Ask for the HOA's budget, reserve study and any pending special assessments before you make an offer. Also confirm what the fee covers, such as exterior maintenance, insurance on the building and shared amenities.

How long do price-reduced homes in The Lakes sit on the market? ▾

The median is 66 days listed, though individual homes vary. A home that has sat longer after a cut may leave room to negotiate, but ask your agent why the earlier price didn't draw offers.