ZIP 89005 Housing Market Report
Las Vegas Metro
Report period: May 2026
89005 Monthly Market Update – May 2026
ZIP 89005 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$435,000
−0.9%
Median DOM (Sales)
51
+4.1%
New Listings (Sales)
18
−53.8%
Median Rent
$1,550
0.0%
Median DOM (Rental)
31
−3.1%
Total Rental Listings
63
+10.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (26 DOM)
- Fastest renting: Single Family (18 DOM)
- Strongest bedroom: 6 Beds ($1,249,900 median)
Sales Market Overview
Median Price
$435,000
−0.9%
Median DOM
51
+4.1%
New Listings
18
−53.8%
Inventory
184
+1.7%
- Average Price: $562,244
- Median Price: $435,000
- Price Range: $155,000 – $4,995,000
- Price per Sq Ft (Avg/Median): $300 / $278
- Square Footage (Avg/Median): 1,959 / 1,565
- Square Footage Range: 730 – 8,081
- Days on Market (Avg/Median): 77 / 51
- Days on Market Range: 2 – 350
- New Listings: 18
- Total Listings: 184
Sales by Property Type
Condo
Avg/Median Price$275,702 / $257,000Range$170,000 – $439,000Price per Sq Ft$227 / $226Sq Ft1,203 / 1,171DOM103 / 71New1Total27
Land
Avg/Median Price$274,052 / $215,000Range$155,000 – $890,000Price per Sq Ft—Sq Ft—DOM86 / 45New2Total23
Manufactured
Avg/Median Price$377,345 / $390,000Range$230,000 – $499,900Price per Sq Ft$238 / $232Sq Ft1,629 / 1,536DOM60 / 26New1Total11
Multi-Family
Avg/Median Price$529,760 / $469,900Range$399,000 – $825,000Price per Sq Ft$280 / $250Sq Ft2,036 / 1,880DOM54 / 61New0Total5
Single Family
Avg/Median Price$768,374 / $579,000Range$249,900 – $4,995,000Price per Sq Ft$335 / $328Sq Ft2,299 / 1,840DOM74 / 46New11Total97
Townhouse
Avg/Median Price$398,753 / $369,000Range$259,500 – $689,808Price per Sq Ft$269 / $271Sq Ft1,517 / 1,289DOM58 / 40New3Total21
Sales by Bedroom Count
1 Beds
Avg:$249,900Median:$249,900Range:$249,900 – $249,900PSF:$266 / $266Sq Ft:940 / 940DOM:82 / 82New:0Total:1
2 Beds
Avg:$336,861Median:$317,888Range:$170,000 – $895,000PSF:$285 / $247Sq Ft:1,204 / 1,196DOM:99 / 64New:5Total:61
3 Beds
Avg:$540,327Median:$498,000Range:$230,000 – $1,495,000PSF:$317 / $313Sq Ft:1,748 / 1,577DOM:53 / 31New:4Total:49
4 Beds
Avg:$1,021,626Median:$675,000Range:$399,000 – $4,995,000PSF:$319 / $309Sq Ft:2,942 / 2,587DOM:62 / 45New:7Total:38
5 Beds
Avg:$897,859Median:$699,000Range:$469,900 – $2,495,000PSF:$254 / $248Sq Ft:3,448 / 3,180DOM:94 / 39New:0Total:10
6 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$235 / $235Sq Ft:5,329 / 5,329DOM:45 / 45New:0Total:1
8 Beds
Avg:$825,000Median:$825,000Range:$825,000 – $825,000PSF:$217 / $217Sq Ft:3,804 / 3,804DOM:77 / 77New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $249,900 | $249,900 | $249,900 – $249,900 | $266 / $266 | 940 / 940 | 82 / 82 | 0 | 1 |
| 2 Beds | $336,861 | $317,888 | $170,000 – $895,000 | $285 / $247 | 1,204 / 1,196 | 99 / 64 | 5 | 61 |
| 3 Beds | $540,327 | $498,000 | $230,000 – $1,495,000 | $317 / $313 | 1,748 / 1,577 | 53 / 31 | 4 | 49 |
| 4 Beds | $1,021,626 | $675,000 | $399,000 – $4,995,000 | $319 / $309 | 2,942 / 2,587 | 62 / 45 | 7 | 38 |
| 5 Beds | $897,859 | $699,000 | $469,900 – $2,495,000 | $254 / $248 | 3,448 / 3,180 | 94 / 39 | 0 | 10 |
| 6 Beds | $1,249,900 | $1,249,900 | $1,249,900 – $1,249,900 | $235 / $235 | 5,329 / 5,329 | 45 / 45 | 0 | 1 |
| 8 Beds | $825,000 | $825,000 | $825,000 – $825,000 | $217 / $217 | 3,804 / 3,804 | 77 / 77 | 0 | 1 |
Rental Market Overview
Median Rent
$1,550
0.0%
Median DOM
31
−3.1%
New Listings
10
Inventory
63
+10.5%
- Average Rent: $1,801
- Median Rent: $1,550
- Rent Range: $950 – $4,800
- Rent per Sq Ft (Avg/Median): $1 / $2
- Square Footage (Avg/Median): 1,593 / 1,172
- Square Footage Range: 500 – 5,930
- Days on Market (Avg/Median): 66 / 31
- Days on Market Range: 1 – 292
- New Listings: 10
- Total Listings: 63
Rentals by Property Type
Apartment
$1,195
Median DOM: 67
Inventory: 11
MoM: 0.0%
Condo
$1,500
Median DOM: 44
Inventory: 17
MoM: 0.0%
Single Family
$2,150
Median DOM: 18
Inventory: 19
MoM: 0.0%
Townhouse
$1,925
Median DOM: 43
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,634 / $1,195Range$1,000 – $3,700Rent per Sq Ft$1 / $1Sq Ft2,803 / 2,400DOM122 / 67New0Total11
Condo
Avg/Median Rent$1,510 / $1,500Range$1,050 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,048 / 897DOM74 / 44New3Total17
Manufactured
Avg/Median Rent$1,375 / $1,375Range$1,375 – $1,375Rent per Sq Ft$2 / $2Sq Ft860 / 860DOM29 / 29New0Total1
Multi-Family
Avg/Median Rent$1,188 / $1,200Range$950 – $1,500Rent per Sq Ft$1 / $2Sq Ft1,168 / 900DOM41 / 32New1Total9
Single Family
Avg/Median Rent$2,398 / $2,150Range$1,250 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,649 / 1,270DOM40 / 18New6Total19
Townhouse
Avg/Median Rent$2,029 / $1,925Range$1,450 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,407 / 1,196DOM78 / 43New0Total6
Rentals by Bedroom Count
Studio
Avg:$1,000Median:$1,000Range:$1,000 – $1,000PSF:$1 / $1Sq Ft:1,864 / 1,864DOM:28 / 28New:0Total:1
1 Beds
Avg:$1,093Median:$1,100Range:$950 – $1,195PSF:$1 / $1Sq Ft:2,089 / 1,890DOM:67 / 19New:0Total:8
2 Beds
Avg:$1,693Median:$1,500Range:$1,095 – $3,950PSF:$2 / $2Sq Ft:1,338 / 897DOM:71 / 44New:7Total:41
3 Beds
Avg:$2,362Median:$2,150Range:$1,850 – $3,500PSF:$2 / $2Sq Ft:1,540 / 1,326DOM:68 / 43New:1Total:8
4 Beds
Avg:$2,800Median:$2,900Range:$2,200 – $3,300PSF:$2 / $2Sq Ft:1,849 / 1,858DOM:7 / 1New:2Total:3
5 Beds
Avg:$4,800Median:$4,800Range:$4,800 – $4,800PSF:$1 / $1Sq Ft:3,452 / 3,452DOM:6 / 6New:0Total:1
6 Beds
Avg:$2,200Median:$2,200Range:$2,200 – $2,200PSF:$0 / $0Sq Ft:5,329 / 5,329DOM:112 / 112New:0Total:1
| 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 | 28 / 28 | 0 | 1 |
| 1 Beds | $1,093 | $1,100 | $950 – $1,195 | $1 / $1 | 2,089 / 1,890 | 67 / 19 | 0 | 8 |
| 2 Beds | $1,693 | $1,500 | $1,095 – $3,950 | $2 / $2 | 1,338 / 897 | 71 / 44 | 7 | 41 |
| 3 Beds | $2,362 | $2,150 | $1,850 – $3,500 | $2 / $2 | 1,540 / 1,326 | 68 / 43 | 1 | 8 |
| 4 Beds | $2,800 | $2,900 | $2,200 – $3,300 | $2 / $2 | 1,849 / 1,858 | 7 / 1 | 2 | 3 |
| 5 Beds | $4,800 | $4,800 | $4,800 – $4,800 | $1 / $1 | 3,452 / 3,452 | 6 / 6 | 0 | 1 |
| 6 Beds | $2,200 | $2,200 | $2,200 – $2,200 | $0 / $0 | 5,329 / 5,329 | 112 / 112 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$459,900Median DOM:73New:27Total:172
Jan 2026
Median Price:$450,000Median DOM:65New:41Total:165
Feb 2026
Median Price:$459,900Median DOM:61New:27Total:165
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:51New:18Total:184
6-Month Rental Trend
Dec 2025
Median Rent:$1,550Median DOM:46New:10Total:58
Jan 2026
Median Rent:$1,650Median DOM:48New:17Total:58
Feb 2026
Median Rent:$1,650Median DOM:51New:7Total:56
Mar 2026
Median Rent:$1,575Median DOM:47New:14Total:54
Apr 2026
Median Rent:$1,550Median DOM:32New:18Total:57
May 2026
Median Rent:$1,550Median DOM:31New:10Total:63
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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