ZIP 89031 Housing Market Report
Las Vegas Metro
Report period: August 2026
89031 Monthly Market Update – August 2026
ZIP 89031 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$425,000
0.0%
Median DOM (Sales)
32
−5.9%
New Listings (Sales)
38
−69.8%
Median Rent
$2,080
+0.2%
Median DOM (Rental)
11
0.0%
Total Rental Listings
349
−0.9%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (25 DOM)
- Fastest renting: Single Family (11 DOM)
- Strongest bedroom: 6 Beds ($599,900 median)
Sales Market Overview
Median Price
$425,000
0.0%
Median DOM
32
−5.9%
New Listings
38
−69.8%
Inventory
453
+2.3%
- Average Price: $435,813
- Median Price: $425,000
- Price Range: $234,999 – $1,500,000
- Price per Sq Ft (Avg/Median): $241 / $239
- Square Footage (Avg/Median): 1,865 / 1,788
- Square Footage Range: 1,014 – 4,237
- Days on Market (Avg/Median): 50 / 32
- Days on Market Range: 1 – 360
- New Listings: 38
- Total Listings: 453
Sales by Property Type
Condo
Avg/Median Price$256,255 / $249,900Range$234,999 – $278,000Price per Sq Ft$223 / $225Sq Ft1,164 / 1,089DOM72 / 39New0Total9
Land
Avg/Median Price$1,500,000 / $1,500,000Range$1,500,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM44 / 44New0Total1
Single Family
Avg/Median Price$446,057 / $434,999Range$279,900 – $850,990Price per Sq Ft$242 / $239Sq Ft1,917 / 1,826DOM50 / 32New37Total407
Townhouse
Avg/Median Price$335,335 / $335,000Range$260,000 – $409,999Price per Sq Ft$236 / $237Sq Ft1,461 / 1,430DOM46 / 25New1Total36
Sales by Bedroom Count
2 Beds
Avg:$313,539Median:$308,000Range:$234,999 – $420,000PSF:$262 / $259Sq Ft:1,214 / 1,089DOM:55 / 36New:1Total:33
3 Beds
Avg:$415,294Median:$409,700Range:$249,900 – $749,900PSF:$258 / $252Sq Ft:1,640 / 1,608DOM:50 / 31New:21Total:241
4 Beds
Avg:$471,065Median:$450,000Range:$335,000 – $684,900PSF:$219 / $220Sq Ft:2,191 / 2,119DOM:48 / 29New:15Total:146
5 Beds
Avg:$500,913Median:$499,000Range:$415,000 – $639,990PSF:$194 / $190Sq Ft:2,658 / 2,660DOM:61 / 41New:1Total:27
6 Beds
Avg:$638,158Median:$599,900Range:$500,000 – $850,990PSF:$197 / $201Sq Ft:3,234 / 2,943DOM:55 / 38New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $313,539 | $308,000 | $234,999 – $420,000 | $262 / $259 | 1,214 / 1,089 | 55 / 36 | 1 | 33 |
| 3 Beds | $415,294 | $409,700 | $249,900 – $749,900 | $258 / $252 | 1,640 / 1,608 | 50 / 31 | 21 | 241 |
| 4 Beds | $471,065 | $450,000 | $335,000 – $684,900 | $219 / $220 | 2,191 / 2,119 | 48 / 29 | 15 | 146 |
| 5 Beds | $500,913 | $499,000 | $415,000 – $639,990 | $194 / $190 | 2,658 / 2,660 | 61 / 41 | 1 | 27 |
| 6 Beds | $638,158 | $599,900 | $500,000 – $850,990 | $197 / $201 | 3,234 / 2,943 | 55 / 38 | 0 | 5 |
Rental Market Overview
Median Rent
$2,080
+0.2%
Median DOM
11
0.0%
New Listings
78
Inventory
349
−0.9%
- Average Rent: $2,130
- Median Rent: $2,080
- Rent Range: $750 – $7,895
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,755 / 1,716
- Square Footage Range: 745 – 8,276
- Days on Market (Avg/Median): 28 / 11
- Days on Market Range: 1 – 299
- New Listings: 78
- Total Listings: 349
Rentals by Property Type
Apartment
$1,600
Median DOM: 150
Inventory: 10
MoM: +0.2%
Condo
$1,549
Median DOM: 14
Inventory: 10
MoM: +0.2%
Single Family
$2,100
Median DOM: 11
Inventory: 311
MoM: +0.2%
Townhouse
$1,900
Median DOM: 14
Inventory: 18
MoM: +0.2%
Apartment
Avg/Median Rent$1,614 / $1,600Range$1,250 – $2,150Rent per Sq Ft$2 / $2Sq Ft1,051 / 1,056DOM115 / 150New2Total10
Condo
Avg/Median Rent$1,632 / $1,549Range$1,490 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,278 / 1,080DOM25 / 14New3Total10
Single Family
Avg/Median Rent$2,176 / $2,100Range$750 – $7,895Rent per Sq Ft$1 / $1Sq Ft1,802 / 1,739DOM25 / 11New68Total311
Townhouse
Avg/Median Rent$1,898 / $1,900Range$1,500 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,518 / 1,406DOM38 / 14New5Total18
Rentals by Bedroom Count
1 Beds
Avg:$1,318Median:$1,250Range:$750 – $1,779PSF:$2 / $2Sq Ft:1,023 / 837DOM:227 / 290New:0Total:6
2 Beds
Avg:$1,632Median:$1,622Range:$1,299 – $1,900PSF:$1 / $1Sq Ft:1,137 / 1,080DOM:36 / 20New:6Total:26
3 Beds
Avg:$2,091Median:$2,011Range:$1,100 – $7,895PSF:$1 / $1Sq Ft:1,616 / 1,606DOM:24 / 10New:47Total:197
4 Beds
Avg:$2,276Median:$2,230Range:$1,124 – $3,300PSF:$1 / $1Sq Ft:2,062 / 1,962DOM:27 / 11New:22Total:109
5 Beds
Avg:$2,792Median:$2,700Range:$2,200 – $3,500PSF:$1 / $1Sq Ft:2,712 / 2,665DOM:33 / 20New:2Total:9
6 Beds
Avg:$4,000Median:$3,000Range:$3,000 – $5,000PSF:$1 / $1Sq Ft:3,568 / 2,899DOM:12 / 3New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,318 | $1,250 | $750 – $1,779 | $2 / $2 | 1,023 / 837 | 227 / 290 | 0 | 6 |
| 2 Beds | $1,632 | $1,622 | $1,299 – $1,900 | $1 / $1 | 1,137 / 1,080 | 36 / 20 | 6 | 26 |
| 3 Beds | $2,091 | $2,011 | $1,100 – $7,895 | $1 / $1 | 1,616 / 1,606 | 24 / 10 | 47 | 197 |
| 4 Beds | $2,276 | $2,230 | $1,124 – $3,300 | $1 / $1 | 2,062 / 1,962 | 27 / 11 | 22 | 109 |
| 5 Beds | $2,792 | $2,700 | $2,200 – $3,500 | $1 / $1 | 2,712 / 2,665 | 33 / 20 | 2 | 9 |
| 6 Beds | $4,000 | $3,000 | $3,000 – $5,000 | $1 / $1 | 3,568 / 2,899 | 12 / 3 | 1 | 2 |
6-Month Sales Trend
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:31New:112Total:409
Jun 2026
Median Price:$432,000Median DOM:31New:128Total:423
Jul 2026
Median Price:$425,000Median DOM:34New:126Total:443
Aug 2026
Median Price:$425,000Median DOM:32New:38Total:453
6-Month Rental Trend
Mar 2026
Median Rent:$2,049Median DOM:8New:158Total:338
Apr 2026
Median Rent:$2,095Median DOM:8New:152Total:346
May 2026
Median Rent:$2,080Median DOM:8New:156Total:326
Jun 2026
Median Rent:$2,085Median DOM:10New:159Total:345
Jul 2026
Median Rent:$2,075Median DOM:11New:152Total:352
Aug 2026
Median Rent:$2,080Median DOM:11New:78Total:349
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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.
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