ZIP 89002 Housing Market Report

Las Vegas Metro

Report period: May 2026

89002 Monthly Market Update – May 2026

ZIP 89002 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$470,000
+1.1%
Median DOM (Sales)
32
−11.1%
New Listings (Sales)
35
−56.3%
Median Rent
$2,085
−0.7%
Median DOM (Rental)
13
0.0%
Total Rental Listings
142
−4.7%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (11 DOM)
  • Fastest renting: Single Family (9 DOM)
  • Strongest bedroom: 8 Beds ($4,499,999 median)

Sales Market Overview

Median Price
$470,000
+1.1%
Median DOM
32
−11.1%
New Listings
35
−56.3%
Inventory
261
−2.6%
  • Average Price: $666,959
  • Median Price: $470,000
  • Price Range: $35,000 – $6,000,000
  • Price per Sq Ft (Avg/Median): $264 / $246
  • Square Footage (Avg/Median): 2,195 / 1,849
  • Square Footage Range: 768 – 8,418
  • Days on Market (Avg/Median): 56 / 32
  • Days on Market Range: 2 – 343
  • New Listings: 35
  • Total Listings: 261

Sales by Property Type

Land
Avg/Median Price$1,035,909 / $750,000Range$425,000 – $3,500,000Price per Sq FtSq FtDOM189 / 175New0Total11
Manufactured
Avg/Median Price$115,560 / $95,000Range$35,000 – $290,000Price per Sq Ft$110 / $77Sq Ft1,053 / 924DOM81 / 11New2Total10
Single Family
Avg/Median Price$776,208 / $510,000Range$299,900 – $6,000,000Price per Sq Ft$286 / $259Sq Ft2,449 / 2,052DOM44 / 28New26Total182
Townhouse
Avg/Median Price$349,238 / $349,000Range$280,000 – $465,000Price per Sq Ft$222 / $219Sq Ft1,592 / 1,624DOM61 / 31New7Total58

Sales by Bedroom Count

2 Beds
Avg:$292,754Median:$311,000Range:$35,000 – $395,000PSF:$205 / $223Sq Ft:1,395 / 1,275DOM:53 / 17New:4Total:24
3 Beds
Avg:$433,821Median:$400,000Range:$89,000 – $2,190,000PSF:$252 / $248Sq Ft:1,692 / 1,624DOM:50 / 31New:17Total:118
4 Beds
Avg:$676,039Median:$514,999Range:$320,000 – $3,950,000PSF:$269 / $248Sq Ft:2,360 / 2,069DOM:35 / 20New:12Total:70
5 Beds
Avg:$1,131,355Median:$700,000Range:$472,000 – $4,195,000PSF:$280 / $218Sq Ft:3,642 / 3,501DOM:75 / 47New:1Total:27
6 Beds
Avg:$2,209,490Median:$1,100,000Range:$575,000 – $6,000,000PSF:$448 / $269Sq Ft:4,354 / 4,148DOM:64 / 28New:1Total:10
8 Beds
Avg:$4,499,999Median:$4,499,999Range:$4,499,999 – $4,499,999PSF:$535 / $535Sq Ft:8,418 / 8,418DOM:95 / 95New:0Total:1

Rental Market Overview

Median Rent
$2,085
−0.7%
Median DOM
13
0.0%
New Listings
28
Inventory
142
−4.7%
  • Average Rent: $2,179
  • Median Rent: $2,085
  • Rent Range: $595 – $6,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,741 / 1,615
  • Square Footage Range: 300 – 3,800
  • Days on Market (Avg/Median): 29 / 13
  • Days on Market Range: 1 – 282
  • New Listings: 28
  • Total Listings: 142

Rentals by Property Type

Apartment
$1,217
Median DOM: 207
Inventory: 3
MoM: −0.7%
Condo
$1,850
Median DOM: 30
Inventory: 5
MoM: −0.7%
Single Family
$2,275
Median DOM: 9
Inventory: 101
MoM: −0.7%
Townhouse
$1,783
Median DOM: 21
Inventory: 33
MoM: −0.7%
Apartment
Avg/Median Rent$1,047 / $1,217Range$595 – $1,329Rent per Sq Ft$1 / $2Sq Ft1,289 / 812DOM195 / 207New0Total3
Condo
Avg/Median Rent$1,829 / $1,850Range$1,700 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,457 / 1,417DOM32 / 30New0Total5
Single Family
Avg/Median Rent$2,358 / $2,275Range$895 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,864 / 1,802DOM21 / 9New23Total101
Townhouse
Avg/Median Rent$1,789 / $1,783Range$1,450 – $2,149Rent per Sq Ft$1 / $1Sq Ft1,452 / 1,433DOM39 / 21New5Total33

Rentals by Bedroom Count

1 Beds
Avg:$1,047Median:$1,200Range:$595 – $1,329PSF:$2 / $2Sq Ft:1,042 / 796DOM:126 / 96New:0Total:5
2 Beds
Avg:$1,682Median:$1,700Range:$1,450 – $1,970PSF:$1 / $1Sq Ft:1,323 / 1,189DOM:36 / 21New:3Total:15
3 Beds
Avg:$2,104Median:$2,037Range:$1,725 – $2,995PSF:$1 / $1Sq Ft:1,630 / 1,568DOM:28 / 13New:16Total:86
4 Beds
Avg:$2,719Median:$2,450Range:$1,789 – $6,000PSF:$1 / $1Sq Ft:2,218 / 2,036DOM:15 / 4New:5Total:30
5 Beds
Avg:$2,748Median:$2,650Range:$2,500 – $3,095PSF:$1 / $1Sq Ft:2,451 / 2,260DOM:15 / 8New:4Total:6

6-Month Sales Trend

Dec 2025
Median Price:$460,000Median DOM:53New:46Total:265
Jan 2026
Median Price:$450,000Median DOM:51New:75Total:264
Feb 2026
Median Price:$449,999Median DOM:37New:66Total:249
Mar 2026
Median Price:$459,990Median DOM:36New:73Total:257
Apr 2026
Median Price:$465,000Median DOM:36New:80Total:268
May 2026
Median Price:$470,000Median DOM:32New:35Total:261

6-Month Rental Trend

Dec 2025
Median Rent:$2,050Median DOM:28New:58Total:139
Jan 2026
Median Rent:$1,995Median DOM:25New:57Total:146
Feb 2026
Median Rent:$2,000Median DOM:17New:57Total:151
Mar 2026
Median Rent:$2,100Median DOM:16New:55Total:140
Apr 2026
Median Rent:$2,100Median DOM:13New:60Total:149
May 2026
Median Rent:$2,085Median DOM:13New:28Total:142

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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