ZIP 89005 Housing Market Report
Las Vegas Metro
Report period: August 2026
89005 Monthly Market Update – August 2026
ZIP 89005 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$449,900
+0.1%
Median DOM (Sales)
47
−2.1%
New Listings (Sales)
11
−73.2%
Median Rent
$1,500
−6.0%
Median DOM (Rental)
31
−11.4%
Total Rental Listings
65
+10.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (29 DOM)
- Fastest renting: Single Family (18 DOM)
- Strongest bedroom: 7 Beds ($4,200,000 median)
Sales Market Overview
Median Price
$449,900
+0.1%
Median DOM
47
−2.1%
New Listings
11
−73.2%
Inventory
197
+2.1%
- Average Price: $581,811
- Median Price: $449,900
- Price Range: $47,900 – $4,995,000
- Price per Sq Ft (Avg/Median): $291 / $276
- Square Footage (Avg/Median): 2,007 / 1,648
- Square Footage Range: 658 – 8,081
- Days on Market (Avg/Median): 77 / 47
- Days on Market Range: 1 – 345
- New Listings: 11
- Total Listings: 197
Sales by Property Type
Condo
Avg/Median Price$262,562 / $235,000Range$155,000 – $435,000Price per Sq Ft$224 / $232Sq Ft1,169 / 1,044DOM119 / 80New1Total27
Land
Avg/Median Price$299,971 / $225,000Range$149,000 – $890,000Price per Sq Ft—Sq Ft—DOM95 / 91New2Total24
Manufactured
Avg/Median Price$306,352 / $299,000Range$47,900 – $589,999Price per Sq Ft$194 / $208Sq Ft1,554 / 1,424DOM60 / 29New2Total21
Multi-Family
Avg/Median Price$355,000 / $355,000Range$355,000 – $355,000Price per Sq Ft$330 / $330Sq Ft1,076 / 1,076DOM194 / 194New0Total1
Single Family
Avg/Median Price$831,200 / $625,000Range$249,900 – $4,995,000Price per Sq Ft$336 / $313Sq Ft2,427 / 1,982DOM60 / 42New6Total101
Townhouse
Avg/Median Price$416,896 / $399,900Range$250,000 – $659,808Price per Sq Ft$264 / $263Sq Ft1,604 / 1,344DOM103 / 86New0Total23
Sales by Bedroom Count
1 Beds
Avg:$202,450Median:$155,000Range:$155,000 – $249,900PSF:$251 / $236Sq Ft:799 / 658DOM:109 / 45New:0Total:2
2 Beds
Avg:$331,641Median:$309,900Range:$47,900 – $895,000PSF:$269 / $240Sq Ft:1,228 / 1,152DOM:98 / 66New:2Total:58
3 Beds
Avg:$509,443Median:$485,000Range:$145,000 – $899,900PSF:$302 / $289Sq Ft:1,719 / 1,584DOM:62 / 40New:2Total:56
4 Beds
Avg:$984,096Median:$669,000Range:$325,000 – $4,995,000PSF:$315 / $288Sq Ft:2,856 / 2,488DOM:70 / 64New:2Total:41
5 Beds
Avg:$960,762Median:$799,999Range:$449,900 – $2,495,000PSF:$266 / $246Sq Ft:3,469 / 3,255DOM:46 / 26New:3Total:14
6 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$235 / $235Sq Ft:5,329 / 5,329DOM:136 / 136New:0Total:1
7 Beds
Avg:$4,200,000Median:$4,200,000Range:$4,200,000 – $4,200,000PSF:$584 / $584Sq Ft:7,193 / 7,193DOM:34 / 34New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $202,450 | $155,000 | $155,000 – $249,900 | $251 / $236 | 799 / 658 | 109 / 45 | 0 | 2 |
| 2 Beds | $331,641 | $309,900 | $47,900 – $895,000 | $269 / $240 | 1,228 / 1,152 | 98 / 66 | 2 | 58 |
| 3 Beds | $509,443 | $485,000 | $145,000 – $899,900 | $302 / $289 | 1,719 / 1,584 | 62 / 40 | 2 | 56 |
| 4 Beds | $984,096 | $669,000 | $325,000 – $4,995,000 | $315 / $288 | 2,856 / 2,488 | 70 / 64 | 2 | 41 |
| 5 Beds | $960,762 | $799,999 | $449,900 – $2,495,000 | $266 / $246 | 3,469 / 3,255 | 46 / 26 | 3 | 14 |
| 6 Beds | $1,249,900 | $1,249,900 | $1,249,900 – $1,249,900 | $235 / $235 | 5,329 / 5,329 | 136 / 136 | 0 | 1 |
| 7 Beds | $4,200,000 | $4,200,000 | $4,200,000 – $4,200,000 | $584 / $584 | 7,193 / 7,193 | 34 / 34 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
−6.0%
Median DOM
31
−11.4%
New Listings
15
Inventory
65
+10.2%
- Average Rent: $1,636
- Median Rent: $1,500
- Rent Range: $1,000 – $3,450
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,356 / 1,240
- Square Footage Range: 430 – 5,930
- Days on Market (Avg/Median): 45 / 31
- Days on Market Range: 1 – 203
- New Listings: 15
- Total Listings: 65
Rentals by Property Type
Apartment
$1,195
Median DOM: 31
Inventory: 9
MoM: −6.0%
Condo
$1,400
Median DOM: 23
Inventory: 27
MoM: −6.0%
Single Family
$2,200
Median DOM: 18
Inventory: 16
MoM: −6.0%
Townhouse
$1,875
Median DOM: 45
Inventory: 7
MoM: −6.0%
Apartment
Avg/Median Rent$1,294 / $1,195Range$1,000 – $2,000Rent per Sq Ft$1 / $2Sq Ft2,106 / 984DOM57 / 31New1Total9
Condo
Avg/Median Rent$1,405 / $1,400Range$1,000 – $1,890Rent per Sq Ft$1 / $1Sq Ft1,057 / 962DOM38 / 23New9Total27
Manufactured
Avg/Median Rent$1,675 / $1,675Range$1,675 – $1,675Rent per Sq Ft$1 / $1Sq Ft1,450 / 1,450DOM71 / 71New0Total1
Multi-Family
Avg/Median Rent$1,290 / $1,250Range$1,000 – $1,750Rent per Sq Ft$2 / $1Sq Ft954 / 843DOM65 / 34New0Total5
Single Family
Avg/Median Rent$2,231 / $2,200Range$1,395 – $3,450Rent per Sq Ft$2 / $2Sq Ft1,489 / 1,440DOM34 / 18New4Total16
Townhouse
Avg/Median Rent$1,849 / $1,875Range$1,495 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,389 / 1,326DOM63 / 45New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,000Median:$1,000Range:$1,000 – $1,000PSF:$1 / $1Sq Ft:1,864 / 1,864DOM:77 / 77New:0Total:1
1 Beds
Avg:$1,269Median:$1,195Range:$1,050 – $2,000PSF:$1 / $1Sq Ft:1,568 / 962DOM:35 / 31New:2Total:9
2 Beds
Avg:$1,474Median:$1,495Range:$1,000 – $2,150PSF:$1 / $1Sq Ft:1,182 / 962DOM:50 / 25New:10Total:41
3 Beds
Avg:$2,192Median:$2,250Range:$1,675 – $3,000PSF:$1 / $1Sq Ft:1,532 / 1,393DOM:39 / 33New:2Total:10
4 Beds
Avg:$2,888Median:$2,600Range:$2,200 – $3,450PSF:$1 / $1Sq Ft:1,969 / 1,880DOM:23 / 7New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,000 | $1,000 | $1,000 – $1,000 | $1 / $1 | 1,864 / 1,864 | 77 / 77 | 0 | 1 |
| 1 Beds | $1,269 | $1,195 | $1,050 – $2,000 | $1 / $1 | 1,568 / 962 | 35 / 31 | 2 | 9 |
| 2 Beds | $1,474 | $1,495 | $1,000 – $2,150 | $1 / $1 | 1,182 / 962 | 50 / 25 | 10 | 41 |
| 3 Beds | $2,192 | $2,250 | $1,675 – $3,000 | $1 / $1 | 1,532 / 1,393 | 39 / 33 | 2 | 10 |
| 4 Beds | $2,888 | $2,600 | $2,200 – $3,450 | $1 / $1 | 1,969 / 1,880 | 23 / 7 | 1 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$449,000Median DOM:53New:46Total:175
Apr 2026
Median Price:$439,000Median DOM:49New:39Total:181
May 2026
Median Price:$435,000Median DOM:48New:48Total:182
Jun 2026
Median Price:$435,000Median DOM:46New:39Total:193
Jul 2026
Median Price:$449,500Median DOM:48New:41Total:193
Aug 2026
Median Price:$449,900Median DOM:47New:11Total:197
6-Month Rental Trend
Mar 2026
Median Rent:$1,575Median DOM:47New:14Total:54
Apr 2026
Median Rent:$1,550Median DOM:32New:18Total:57
May 2026
Median Rent:$1,595Median DOM:34New:18Total:65
Jun 2026
Median Rent:$1,600Median DOM:32New:21Total:64
Jul 2026
Median Rent:$1,595Median DOM:35New:16Total:59
Aug 2026
Median Rent:$1,500Median DOM:31New:15Total:65
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory increased.
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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