ZIP 89012 Housing Market Report
Las Vegas Metro
Report period: May 2026
89012 Monthly Market Update – May 2026
ZIP 89012 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$725,000
0.0%
Median DOM (Sales)
46
−2.1%
New Listings (Sales)
32
−64.0%
Median Rent
$2,250
0.0%
Median DOM (Rental)
19
−13.6%
Total Rental Listings
141
+2.9%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (42 DOM)
- Fastest renting: Multi-Family (3 DOM)
- Strongest bedroom: 7 Beds ($7,950,000 median)
Sales Market Overview
Median Price
$725,000
0.0%
Median DOM
46
−2.1%
New Listings
32
−64.0%
Inventory
395
+0.5%
- Average Price: $1,879,272
- Median Price: $725,000
- Price Range: $50,000 – $9,999,000
- Price per Sq Ft (Avg/Median): $458 / $310
- Square Footage (Avg/Median): 3,104 / 2,439
- Square Footage Range: 701 – 14,485
- Days on Market (Avg/Median): 69 / 46
- Days on Market Range: 1 – 355
- New Listings: 32
- Total Listings: 395
Sales by Property Type
Condo
Avg/Median Price$1,183,459 / $274,900Range$178,000 – $4,460,000Price per Sq Ft$478 / $310Sq Ft1,653 / 927DOM70 / 42New1Total22
Land
Avg/Median Price$2,339,336 / $2,000,000Range$50,000 – $7,845,930Price per Sq Ft—Sq Ft—DOM90 / 88New6Total62
Single Family
Avg/Median Price$1,947,732 / $675,000Range$365,000 – $9,999,000Price per Sq Ft$459 / $314Sq Ft3,373 / 2,630DOM66 / 44New22Total274
Townhouse
Avg/Median Price$1,015,111 / $409,000Range$305,000 – $3,099,000Price per Sq Ft$439 / $307Sq Ft1,969 / 1,468DOM70 / 58New3Total37
Sales by Bedroom Count
1 Beds
Avg:$210,025Median:$189,900Range:$178,000 – $282,000PSF:$291 / $271Sq Ft:719 / 701DOM:92 / 44New:0Total:8
2 Beds
Avg:$506,242Median:$415,000Range:$220,000 – $2,300,000PSF:$336 / $316Sq Ft:1,424 / 1,277DOM:43 / 27New:5Total:65
3 Beds
Avg:$1,037,724Median:$569,000Range:$315,000 – $5,829,620PSF:$413 / $303Sq Ft:2,164 / 1,930DOM:61 / 45New:6Total:97
4 Beds
Avg:$2,293,904Median:$799,990Range:$460,000 – $8,995,000PSF:$523 / $298Sq Ft:3,657 / 3,178DOM:77 / 52New:8Total:109
5 Beds
Avg:$3,803,143Median:$2,850,000Range:$634,999 – $9,999,000PSF:$594 / $428Sq Ft:5,529 / 5,607DOM:80 / 62New:7Total:43
6 Beds
Avg:$3,945,421Median:$2,000,000Range:$849,900 – $9,999,000PSF:$526 / $283Sq Ft:6,874 / 6,560DOM:84 / 71New:0Total:9
7 Beds
Avg:$7,950,000Median:$7,950,000Range:$7,950,000 – $7,950,000PSF:$549 / $549Sq Ft:14,485 / 14,485DOM:33 / 33New:0Total:1
8 Beds
Avg:$4,999,000Median:$4,999,000Range:$4,999,000 – $4,999,000PSF:$399 / $399Sq Ft:12,538 / 12,538DOM:59 / 59New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $210,025 | $189,900 | $178,000 – $282,000 | $291 / $271 | 719 / 701 | 92 / 44 | 0 | 8 |
| 2 Beds | $506,242 | $415,000 | $220,000 – $2,300,000 | $336 / $316 | 1,424 / 1,277 | 43 / 27 | 5 | 65 |
| 3 Beds | $1,037,724 | $569,000 | $315,000 – $5,829,620 | $413 / $303 | 2,164 / 1,930 | 61 / 45 | 6 | 97 |
| 4 Beds | $2,293,904 | $799,990 | $460,000 – $8,995,000 | $523 / $298 | 3,657 / 3,178 | 77 / 52 | 8 | 109 |
| 5 Beds | $3,803,143 | $2,850,000 | $634,999 – $9,999,000 | $594 / $428 | 5,529 / 5,607 | 80 / 62 | 7 | 43 |
| 6 Beds | $3,945,421 | $2,000,000 | $849,900 – $9,999,000 | $526 / $283 | 6,874 / 6,560 | 84 / 71 | 0 | 9 |
| 7 Beds | $7,950,000 | $7,950,000 | $7,950,000 – $7,950,000 | $549 / $549 | 14,485 / 14,485 | 33 / 33 | 0 | 1 |
| 8 Beds | $4,999,000 | $4,999,000 | $4,999,000 – $4,999,000 | $399 / $399 | 12,538 / 12,538 | 59 / 59 | 0 | 1 |
Rental Market Overview
Median Rent
$2,250
0.0%
Median DOM
19
−13.6%
New Listings
29
Inventory
141
+2.9%
- Average Rent: $2,837
- Median Rent: $2,250
- Rent Range: $1,094 – $9,100
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,838 / 1,564
- Square Footage Range: 524 – 5,476
- Days on Market (Avg/Median): 40 / 19
- Days on Market Range: 1 – 291
- New Listings: 29
- Total Listings: 141
Rentals by Property Type
Apartment
$1,425
Median DOM: 120
Inventory: 12
MoM: 0.0%
Condo
$1,600
Median DOM: 21
Inventory: 12
MoM: 0.0%
Single Family
$2,395
Median DOM: 12
Inventory: 94
MoM: 0.0%
Townhouse
$2,100
Median DOM: 35
Inventory: 22
MoM: 0.0%
Apartment
Avg/Median Rent$1,771 / $1,425Range$1,094 – $3,750Rent per Sq Ft$2 / $2Sq Ft846 / 775DOM96 / 120New0Total12
Condo
Avg/Median Rent$1,704 / $1,600Range$1,175 – $2,500Rent per Sq Ft$2 / $2Sq Ft969 / 824DOM31 / 21New3Total12
Multi-Family
Avg/Median Rent$2,300 / $2,300Range$2,300 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,435 / 1,435DOM3 / 3New1Total1
Single Family
Avg/Median Rent$3,240 / $2,395Range$1,720 – $9,100Rent per Sq Ft$2 / $1Sq Ft2,129 / 1,777DOM31 / 12New25Total94
Townhouse
Avg/Median Rent$2,342 / $2,100Range$1,595 – $5,950Rent per Sq Ft$1 / $1Sq Ft1,578 / 1,435DOM72 / 35New0Total22
Rentals by Bedroom Count
1 Beds
Avg:$1,468Median:$1,365Range:$1,094 – $2,311PSF:$2 / $2Sq Ft:762 / 740DOM:80 / 68New:0Total:14
2 Beds
Avg:$2,111Median:$1,999Range:$1,400 – $3,750PSF:$2 / $2Sq Ft:1,315 / 1,312DOM:44 / 16New:5Total:31
3 Beds
Avg:$2,708Median:$2,250Range:$1,600 – $8,900PSF:$2 / $1Sq Ft:1,713 / 1,618DOM:31 / 19New:16Total:64
4 Beds
Avg:$4,312Median:$3,125Range:$1,900 – $8,995PSF:$1 / $1Sq Ft:2,917 / 2,654DOM:47 / 15New:6Total:26
5 Beds
Avg:$4,772Median:$4,000Range:$3,285 – $9,100PSF:$1 / $1Sq Ft:3,608 / 3,506DOM:24 / 12New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,468 | $1,365 | $1,094 – $2,311 | $2 / $2 | 762 / 740 | 80 / 68 | 0 | 14 |
| 2 Beds | $2,111 | $1,999 | $1,400 – $3,750 | $2 / $2 | 1,315 / 1,312 | 44 / 16 | 5 | 31 |
| 3 Beds | $2,708 | $2,250 | $1,600 – $8,900 | $2 / $1 | 1,713 / 1,618 | 31 / 19 | 16 | 64 |
| 4 Beds | $4,312 | $3,125 | $1,900 – $8,995 | $1 / $1 | 2,917 / 2,654 | 47 / 15 | 6 | 26 |
| 5 Beds | $4,772 | $4,000 | $3,285 – $9,100 | $1 / $1 | 3,608 / 3,506 | 24 / 12 | 2 | 6 |
6-Month Sales Trend
Dec 2025
Median Price:$799,000Median DOM:71New:53Total:375
Jan 2026
Median Price:$795,000Median DOM:57New:109Total:372
Feb 2026
Median Price:$789,900Median DOM:45New:89Total:375
Mar 2026
Median Price:$744,900Median DOM:46New:96Total:387
Apr 2026
Median Price:$725,000Median DOM:47New:89Total:393
May 2026
Median Price:$725,000Median DOM:46New:32Total:395
6-Month Rental Trend
Dec 2025
Median Rent:$2,340Median DOM:43New:36Total:153
Jan 2026
Median Rent:$2,195Median DOM:24New:56Total:147
Feb 2026
Median Rent:$2,250Median DOM:23New:42Total:142
Mar 2026
Median Rent:$2,250Median DOM:26New:36Total:135
Apr 2026
Median Rent:$2,250Median DOM:22New:41Total:137
May 2026
Median Rent:$2,250Median DOM:19New:29Total:141
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving 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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