ZIP 89031 Housing Market Report
Las Vegas Metro
Report period: May 2026
89031 Monthly Market Update – May 2026
ZIP 89031 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$430,000
+0.0%
Median DOM (Sales)
28
0.0%
New Listings (Sales)
38
−72.1%
Median Rent
$2,095
0.0%
Median DOM (Rental)
8
0.0%
Total Rental Listings
336
−2.9%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (26 DOM)
- Fastest renting: Single Family (5 DOM)
- Strongest bedroom: 6 Beds ($664,900 median)
Sales Market Overview
Median Price
$430,000
+0.0%
Median DOM
28
0.0%
New Listings
38
−72.1%
Inventory
403
−4.7%
- Average Price: $445,353
- Median Price: $430,000
- Price Range: $247,500 – $922,714
- Price per Sq Ft (Avg/Median): $243 / $240
- Square Footage (Avg/Median): 1,917 / 1,789
- Square Footage Range: 1,014 – 3,934
- Days on Market (Avg/Median): 49 / 28
- Days on Market Range: 1 – 361
- New Listings: 38
- Total Listings: 403
Sales by Property Type
Condo
Avg/Median Price$263,209 / $259,000Range$247,500 – $289,000Price per Sq Ft$241 / $237Sq Ft1,098 / 1,059DOM54 / 29New1Total11
Single Family
Avg/Median Price$465,131 / $449,900Range$300,000 – $922,714Price per Sq Ft$244 / $241Sq Ft2,002 / 1,867DOM49 / 26New32Total349
Townhouse
Avg/Median Price$331,421 / $333,730Range$260,000 – $383,500Price per Sq Ft$235 / $236Sq Ft1,433 / 1,430DOM46 / 32New5Total43
Sales by Bedroom Count
2 Beds
Avg:$309,120Median:$310,000Range:$247,500 – $419,800PSF:$263 / $252Sq Ft:1,194 / 1,081DOM:54 / 33New:2Total:33
3 Beds
Avg:$415,884Median:$403,000Range:$260,000 – $850,000PSF:$262 / $254Sq Ft:1,615 / 1,590DOM:50 / 30New:19Total:215
4 Beds
Avg:$490,239Median:$474,900Range:$375,000 – $690,000PSF:$222 / $219Sq Ft:2,256 / 2,178DOM:48 / 24New:11Total:106
5 Beds
Avg:$564,699Median:$522,990Range:$400,000 – $922,714PSF:$189 / $186Sq Ft:2,991 / 2,943DOM:38 / 23New:5Total:45
6 Beds
Avg:$628,217Median:$664,900Range:$550,000 – $669,750PSF:$230 / $227Sq Ft:2,760 / 2,929DOM:15 / 14New:1Total:3
7 Beds
Avg:$599,900Median:$599,900Range:$599,900 – $599,900PSF:$152 / $152Sq Ft:3,934 / 3,934DOM:165 / 165New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $309,120 | $310,000 | $247,500 – $419,800 | $263 / $252 | 1,194 / 1,081 | 54 / 33 | 2 | 33 |
| 3 Beds | $415,884 | $403,000 | $260,000 – $850,000 | $262 / $254 | 1,615 / 1,590 | 50 / 30 | 19 | 215 |
| 4 Beds | $490,239 | $474,900 | $375,000 – $690,000 | $222 / $219 | 2,256 / 2,178 | 48 / 24 | 11 | 106 |
| 5 Beds | $564,699 | $522,990 | $400,000 – $922,714 | $189 / $186 | 2,991 / 2,943 | 38 / 23 | 5 | 45 |
| 6 Beds | $628,217 | $664,900 | $550,000 – $669,750 | $230 / $227 | 2,760 / 2,929 | 15 / 14 | 1 | 3 |
| 7 Beds | $599,900 | $599,900 | $599,900 – $599,900 | $152 / $152 | 3,934 / 3,934 | 165 / 165 | 0 | 1 |
Rental Market Overview
Median Rent
$2,095
0.0%
Median DOM
8
0.0%
New Listings
88
Inventory
336
−2.9%
- Average Rent: $2,127
- Median Rent: $2,095
- Rent Range: $650 – $5,600
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,743 / 1,647
- Square Footage Range: 745 – 8,276
- Days on Market (Avg/Median): 26 / 8
- Days on Market Range: 1 – 350
- New Listings: 88
- Total Listings: 336
Rentals by Property Type
Apartment
$1,622
Median DOM: 104
Inventory: 11
MoM: 0.0%
Condo
$1,580
Median DOM: 31
Inventory: 11
MoM: 0.0%
Single Family
$2,120
Median DOM: 5
Inventory: 301
MoM: 0.0%
Townhouse
$1,800
Median DOM: 16
Inventory: 13
MoM: 0.0%
Apartment
Avg/Median Rent$1,630 / $1,622Range$1,315 – $1,920Rent per Sq Ft$2 / $2Sq Ft1,008 / 1,056DOM82 / 104New3Total11
Condo
Avg/Median Rent$1,589 / $1,580Range$1,499 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,204 / 1,089DOM42 / 31New2Total11
Single Family
Avg/Median Rent$2,174 / $2,120Range$650 – $5,600Rent per Sq Ft$1 / $1Sq Ft1,793 / 1,712DOM23 / 5New80Total301
Townhouse
Avg/Median Rent$1,897 / $1,800Range$1,733 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,572 / 1,647DOM45 / 16New3Total13
Rentals by Bedroom Count
1 Beds
Avg:$1,300Median:$1,452Range:$650 – $1,920PSF:$2 / $2Sq Ft:1,027 / 837DOM:152 / 104New:0Total:7
2 Beds
Avg:$1,630Median:$1,600Range:$1,315 – $2,080PSF:$1 / $1Sq Ft:1,165 / 1,089DOM:33 / 7New:5Total:21
3 Beds
Avg:$2,065Median:$2,000Range:$1,500 – $5,600PSF:$1 / $1Sq Ft:1,607 / 1,560DOM:23 / 5New:60Total:212
4 Beds
Avg:$2,361Median:$2,319Range:$1,895 – $3,300PSF:$1 / $1Sq Ft:2,098 / 1,976DOM:24 / 9New:20Total:77
5 Beds
Avg:$2,718Median:$2,720Range:$2,150 – $3,500PSF:$1 / $1Sq Ft:2,594 / 2,487DOM:19 / 5New:3Total:19
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,300 | $1,452 | $650 – $1,920 | $2 / $2 | 1,027 / 837 | 152 / 104 | 0 | 7 |
| 2 Beds | $1,630 | $1,600 | $1,315 – $2,080 | $1 / $1 | 1,165 / 1,089 | 33 / 7 | 5 | 21 |
| 3 Beds | $2,065 | $2,000 | $1,500 – $5,600 | $1 / $1 | 1,607 / 1,560 | 23 / 5 | 60 | 212 |
| 4 Beds | $2,361 | $2,319 | $1,895 – $3,300 | $1 / $1 | 2,098 / 1,976 | 24 / 9 | 20 | 77 |
| 5 Beds | $2,718 | $2,720 | $2,150 – $3,500 | $1 / $1 | 2,594 / 2,487 | 19 / 5 | 3 | 19 |
6-Month Sales Trend
Dec 2025
Median Price:$425,000Median DOM:51New:70Total:416
Jan 2026
Median Price:$429,800Median DOM:41New:112Total:385
Feb 2026
Median Price:$429,888Median DOM:33New:97Total:377
Mar 2026
Median Price:$425,000Median DOM:30New:111Total:392
Apr 2026
Median Price:$429,888Median DOM:28New:136Total:423
May 2026
Median Price:$430,000Median DOM:28New:38Total:403
6-Month Rental Trend
Dec 2025
Median Rent:$1,995Median DOM:8New:151Total:334
Jan 2026
Median Rent:$1,995Median DOM:8New:162Total:320
Feb 2026
Median Rent:$1,990Median DOM:10New:139Total:328
Mar 2026
Median Rent:$2,049Median DOM:8New:158Total:338
Apr 2026
Median Rent:$2,095Median DOM:8New:152Total:346
May 2026
Median Rent:$2,095Median DOM:8New:88Total:336
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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.
889158900289005890118901289014890158903089031890328904489052890748910189102891038910489106891078910889109891108911389117891188911989120891218912289123+21 more
← Back to Las Vegas Metro