ZIP 89005 Housing Market Report

Las Vegas Metro

Report period: July 2026

89005 Monthly Market Update – July 2026

ZIP 89005 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$445,000
+2.3%
Median DOM (Sales)
47
+2.2%
New Listings (Sales)
14
−64.1%
Median Rent
$1,600
0.0%
Median DOM (Rental)
25
−21.9%
Total Rental Listings
66
+3.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (26 DOM)
  • Fastest renting: Single Family (3 DOM)
  • Strongest bedroom: 7 Beds ($4,200,000 median)

Sales Market Overview

Median Price
$445,000
+2.3%
Median DOM
47
+2.2%
New Listings
14
−64.1%
Inventory
194
+0.5%
  • Average Price: $578,567
  • Median Price: $445,000
  • Price Range: $54,900 – $4,995,000
  • Price per Sq Ft (Avg/Median): $297 / $277
  • Square Footage (Avg/Median): 1,971 / 1,627
  • Square Footage Range: 658 – 8,081
  • Days on Market (Avg/Median): 77 / 47
  • Days on Market Range: 1 – 358
  • New Listings: 14
  • Total Listings: 194

Sales by Property Type

Condo
Avg/Median Price$264,202 / $245,000Range$159,900 – $435,000Price per Sq Ft$224 / $225Sq Ft1,175 / 1,148DOM90 / 46New1Total29
Land
Avg/Median Price$291,827 / $225,000Range$149,000 – $890,000Price per Sq FtSq FtDOM101 / 74New0Total22
Manufactured
Avg/Median Price$331,671 / $359,900Range$54,900 – $535,000Price per Sq Ft$213 / $218Sq Ft1,602 / 1,536DOM63 / 26New2Total17
Multi-Family
Avg/Median Price$607,000 / $389,000Range$389,000 – $825,000Price per Sq Ft$289 / $217Sq Ft2,440 / 1,076DOM132 / 97New0Total2
Single Family
Avg/Median Price$802,523 / $599,000Range$249,900 – $4,995,000Price per Sq Ft$338 / $314Sq Ft2,327 / 1,954DOM66 / 44New8Total103
Townhouse
Avg/Median Price$411,796 / $379,900Range$254,000 – $659,808Price per Sq Ft$267 / $263Sq Ft1,576 / 1,326DOM92 / 70New3Total21

Sales by Bedroom Count

1 Beds
Avg:$204,900Median:$159,900Range:$159,900 – $249,900PSF:$254 / $243Sq Ft:799 / 658DOM:84 / 24New:0Total:2
2 Beds
Avg:$330,614Median:$313,000Range:$54,900 – $895,000PSF:$273 / $240Sq Ft:1,232 / 1,196DOM:92 / 54New:3Total:60
3 Beds
Avg:$533,882Median:$515,000Range:$145,000 – $899,900PSF:$311 / $305Sq Ft:1,750 / 1,620DOM:56 / 40New:9Total:55
4 Beds
Avg:$972,299Median:$679,000Range:$325,000 – $4,995,000PSF:$321 / $300Sq Ft:2,801 / 2,488DOM:68 / 62New:1Total:43
5 Beds
Avg:$903,099Median:$699,000Range:$449,900 – $2,495,000PSF:$253 / $239Sq Ft:3,384 / 3,362DOM:90 / 47New:0Total:9
6 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$235 / $235Sq Ft:5,329 / 5,329DOM:106 / 106New:0Total:1
7 Beds
Avg:$4,200,000Median:$4,200,000Range:$4,200,000 – $4,200,000PSF:$584 / $584Sq Ft:7,193 / 7,193DOM:4 / 4New:1Total:1
8 Beds
Avg:$825,000Median:$825,000Range:$825,000 – $825,000PSF:$217 / $217Sq Ft:3,804 / 3,804DOM:97 / 97New:0Total:1

Rental Market Overview

Median Rent
$1,600
0.0%
Median DOM
25
−21.9%
New Listings
13
Inventory
66
+3.1%
  • Average Rent: $1,757
  • Median Rent: $1,600
  • Rent Range: $1,000 – $3,950
  • Rent per Sq Ft (Avg/Median): $1 / $2
  • Square Footage (Avg/Median): 1,451 / 1,240
  • Square Footage Range: 500 – 5,930
  • Days on Market (Avg/Median): 46 / 25
  • Days on Market Range: 1 – 212
  • New Listings: 13
  • Total Listings: 66

Rentals by Property Type

Apartment
$1,275
Median DOM: 58
Inventory: 8
MoM: 0.0%
Condo
$1,400
Median DOM: 25
Inventory: 20
MoM: 0.0%
Single Family
$1,975
Median DOM: 3
Inventory: 22
MoM: 0.0%
Townhouse
$1,975
Median DOM: 60
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,668 / $1,275Range$1,000 – $3,700Rent per Sq Ft$1 / $1Sq Ft2,517 / 1,500DOM77 / 58New0Total8
Condo
Avg/Median Rent$1,395 / $1,400Range$1,000 – $1,890Rent per Sq Ft$1 / $1Sq Ft1,011 / 897DOM50 / 25New3Total20
Manufactured
Avg/Median Rent$1,475 / $1,375Range$1,375 – $1,675Rent per Sq Ft$1 / $2Sq Ft1,057 / 860DOM50 / 54New0Total3
Multi-Family
Avg/Median Rent$1,375 / $1,250Range$1,200 – $1,850Rent per Sq Ft$2 / $2Sq Ft921 / 700DOM59 / 16New1Total6
Single Family
Avg/Median Rent$2,179 / $1,975Range$1,250 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,596 / 1,393DOM24 / 3New9Total22
Townhouse
Avg/Median Rent$2,013 / $1,975Range$1,595 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,533 / 1,326DOM65 / 60New0Total7

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:$1,287Median:$1,050Range:$1,050 – $2,000PSF:$1 / $1Sq Ft:1,738 / 721DOM:49 / 25New:0Total:6
2 Beds
Avg:$1,625Median:$1,500Range:$1,000 – $3,950PSF:$1 / $2Sq Ft:1,225 / 1,044DOM:52 / 25New:7Total:43
3 Beds
Avg:$2,184Median:$2,250Range:$1,675 – $3,000PSF:$1 / $1Sq Ft:1,593 / 1,450DOM:28 / 6New:5Total:11
4 Beds
Avg:$2,788Median:$2,200Range:$2,200 – $3,450PSF:$1 / $1Sq Ft:1,876 / 1,746DOM:9 / 1New:1Total:4
6 Beds
Avg:$2,200Median:$2,200Range:$2,200 – $2,200PSF:$0 / $0Sq Ft:5,329 / 5,329DOM:123 / 123New:0Total:1

6-Month Sales Trend

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:48New:48Total:182
Jun 2026
Median Price:$435,000Median DOM:46New:39Total:193
Jul 2026
Median Price:$445,000Median DOM:47New:14Total:194

6-Month Rental Trend

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:$1,595Median DOM:34New:18Total:65
Jun 2026
Median Rent:$1,600Median DOM:32New:21Total:64
Jul 2026
Median Rent:$1,600Median DOM:25New:13Total:66

Key Market Takeaways

Median sale prices moved higher 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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