ZIP 89031 Housing Market Report
Las Vegas Metro
Report period: July 2026
89031 Monthly Market Update – July 2026
ZIP 89031 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$429,999
−0.5%
Median DOM (Sales)
34
+9.7%
New Listings (Sales)
31
−75.8%
Median Rent
$2,090
+0.2%
Median DOM (Rental)
11
+10.0%
Total Rental Listings
353
+2.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (14 DOM)
- Fastest renting: Single Family (10 DOM)
- Strongest bedroom: 7 Beds ($599,900 median)
Sales Market Overview
Median Price
$429,999
−0.5%
Median DOM
34
+9.7%
New Listings
31
−75.8%
Inventory
424
+0.2%
- Average Price: $439,844
- Median Price: $429,999
- Price Range: $234,999 – $1,500,000
- Price per Sq Ft (Avg/Median): $240 / $239
- Square Footage (Avg/Median): 1,894 / 1,792
- Square Footage Range: 1,014 – 3,934
- Days on Market (Avg/Median): 51 / 34
- Days on Market Range: 1 – 343
- New Listings: 31
- Total Listings: 424
Sales by Property Type
Condo
Avg/Median Price$263,749 / $262,600Range$234,999 – $289,000Price per Sq Ft$226 / $229Sq Ft1,188 / 1,089DOM53 / 46New1Total10
Land
Avg/Median Price$1,500,000 / $1,500,000Range$1,500,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM14 / 14New0Total1
Single Family
Avg/Median Price$452,566 / $439,999Range$299,990 – $850,000Price per Sq Ft$241 / $239Sq Ft1,959 / 1,846DOM51 / 35New29Total374
Townhouse
Avg/Median Price$335,810 / $335,000Range$260,000 – $435,000Price per Sq Ft$235 / $237Sq Ft1,456 / 1,475DOM51 / 30New1Total39
Sales by Bedroom Count
2 Beds
Avg:$314,347Median:$309,900Range:$234,999 – $420,000PSF:$256 / $256Sq Ft:1,245 / 1,244DOM:49 / 30New:2Total:33
3 Beds
Avg:$417,272Median:$400,000Range:$255,000 – $850,000PSF:$257 / $251Sq Ft:1,649 / 1,628DOM:53 / 32New:17Total:224
4 Beds
Avg:$476,942Median:$450,000Range:$340,000 – $695,000PSF:$220 / $221Sq Ft:2,211 / 2,149DOM:50 / 35New:8Total:126
5 Beds
Avg:$517,428Median:$509,990Range:$415,000 – $800,990PSF:$192 / $189Sq Ft:2,756 / 2,793DOM:49 / 35New:3Total:35
6 Beds
Avg:$586,700Median:$575,000Range:$507,000 – $664,900PSF:$197 / $179Sq Ft:2,983 / 2,931DOM:45 / 24New:1Total:4
7 Beds
Avg:$599,900Median:$599,900Range:$599,900 – $599,900PSF:$152 / $152Sq Ft:3,934 / 3,934DOM:181 / 181New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $314,347 | $309,900 | $234,999 – $420,000 | $256 / $256 | 1,245 / 1,244 | 49 / 30 | 2 | 33 |
| 3 Beds | $417,272 | $400,000 | $255,000 – $850,000 | $257 / $251 | 1,649 / 1,628 | 53 / 32 | 17 | 224 |
| 4 Beds | $476,942 | $450,000 | $340,000 – $695,000 | $220 / $221 | 2,211 / 2,149 | 50 / 35 | 8 | 126 |
| 5 Beds | $517,428 | $509,990 | $415,000 – $800,990 | $192 / $189 | 2,756 / 2,793 | 49 / 35 | 3 | 35 |
| 6 Beds | $586,700 | $575,000 | $507,000 – $664,900 | $197 / $179 | 2,983 / 2,931 | 45 / 24 | 1 | 4 |
| 7 Beds | $599,900 | $599,900 | $599,900 – $599,900 | $152 / $152 | 3,934 / 3,934 | 181 / 181 | 0 | 1 |
Rental Market Overview
Median Rent
$2,090
+0.2%
Median DOM
11
+10.0%
New Listings
82
Inventory
353
+2.3%
- Average Rent: $2,112
- Median Rent: $2,090
- Rent Range: $650 – $5,600
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,739 / 1,701
- Square Footage Range: 647 – 8,276
- Days on Market (Avg/Median): 27 / 11
- Days on Market Range: 1 – 269
- New Listings: 82
- Total Listings: 353
Rentals by Property Type
Apartment
$1,635
Median DOM: 30
Inventory: 11
MoM: +0.2%
Condo
$1,550
Median DOM: 20
Inventory: 11
MoM: +0.2%
Single Family
$2,129
Median DOM: 10
Inventory: 319
MoM: +0.2%
Townhouse
$1,860
Median DOM: 14
Inventory: 12
MoM: +0.2%
Apartment
Avg/Median Rent$1,679 / $1,635Range$1,350 – $2,150Rent per Sq Ft$2 / $2Sq Ft1,051 / 1,056DOM97 / 30New2Total11
Condo
Avg/Median Rent$1,591 / $1,550Range$1,499 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,173 / 1,089DOM44 / 20New0Total11
Single Family
Avg/Median Rent$2,152 / $2,129Range$650 – $5,600Rent per Sq Ft$1 / $1Sq Ft1,784 / 1,727DOM23 / 10New77Total319
Townhouse
Avg/Median Rent$1,914 / $1,860Range$1,645 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,584 / 1,647DOM48 / 14New3Total12
Rentals by Bedroom Count
1 Beds
Avg:$1,200Median:$975Range:$650 – $1,812PSF:$2 / $2Sq Ft:1,201 / 841DOM:91 / 33New:0Total:7
2 Beds
Avg:$1,639Median:$1,610Range:$1,350 – $1,950PSF:$1 / $1Sq Ft:1,159 / 1,089DOM:49 / 17New:5Total:26
3 Beds
Avg:$2,092Median:$2,025Range:$1,100 – $5,600PSF:$1 / $1Sq Ft:1,622 / 1,604DOM:23 / 8New:47Total:205
4 Beds
Avg:$2,278Median:$2,215Range:$1,850 – $3,300PSF:$1 / $1Sq Ft:2,037 / 1,941DOM:26 / 11New:28Total:104
5 Beds
Avg:$2,614Median:$2,700Range:$2,200 – $3,005PSF:$1 / $1Sq Ft:2,623 / 2,658DOM:22 / 3New:2Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,200 | $975 | $650 – $1,812 | $2 / $2 | 1,201 / 841 | 91 / 33 | 0 | 7 |
| 2 Beds | $1,639 | $1,610 | $1,350 – $1,950 | $1 / $1 | 1,159 / 1,089 | 49 / 17 | 5 | 26 |
| 3 Beds | $2,092 | $2,025 | $1,100 – $5,600 | $1 / $1 | 1,622 / 1,604 | 23 / 8 | 47 | 205 |
| 4 Beds | $2,278 | $2,215 | $1,850 – $3,300 | $1 / $1 | 2,037 / 1,941 | 26 / 11 | 28 | 104 |
| 5 Beds | $2,614 | $2,700 | $2,200 – $3,005 | $1 / $1 | 2,623 / 2,658 | 22 / 3 | 2 | 11 |
6-Month Sales Trend
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:31New:112Total:409
Jun 2026
Median Price:$432,000Median DOM:31New:128Total:423
Jul 2026
Median Price:$429,999Median DOM:34New:31Total:424
6-Month Rental Trend
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:$2,080Median DOM:8New:156Total:326
Jun 2026
Median Rent:$2,085Median DOM:10New:159Total:345
Jul 2026
Median Rent:$2,090Median DOM:11New:82Total:353
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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