ZIP 89101 Housing Market Report

Las Vegas Metro

Report period: May 2026

89101 Monthly Market Update – May 2026

ZIP 89101 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$389,999
−0.0%
Median DOM (Sales)
54
−20.6%
New Listings (Sales)
16
−63.6%
Median Rent
$1,100
0.0%
Median DOM (Rental)
57
+9.6%
Total Rental Listings
268
−3.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (23 DOM)
  • Fastest renting: Single Family (9 DOM)
  • Strongest bedroom: 8 Beds ($580,000 median)

Sales Market Overview

Median Price
$389,999
−0.0%
Median DOM
54
−20.6%
New Listings
16
−63.6%
Inventory
187
+1.6%
  • Average Price: $537,462
  • Median Price: $389,999
  • Price Range: $110,000 – $5,950,000
  • Price per Sq Ft (Avg/Median): $317 / $282
  • Square Footage (Avg/Median): 1,588 / 1,357
  • Square Footage Range: 360 – 4,344
  • Days on Market (Avg/Median): 87 / 54
  • Days on Market Range: 3 – 349
  • New Listings: 16
  • Total Listings: 187

Sales by Property Type

Condo
Avg/Median Price$522,638 / $389,999Range$110,000 – $5,000,000Price per Sq Ft$396 / $331Sq Ft1,298 / 1,126DOM100 / 67New8Total58
Land
Avg/Median Price$1,131,126 / $926,065Range$110,000 – $5,950,000Price per Sq FtSq FtDOM107 / 45New0Total19
Multi-Family
Avg/Median Price$599,041 / $565,000Range$290,000 – $1,507,232Price per Sq Ft$301 / $252Sq Ft2,346 / 2,123DOM93 / 96New3Total40
Single Family
Avg/Median Price$346,971 / $349,900Range$125,000 – $600,000Price per Sq Ft$273 / $264Sq Ft1,323 / 1,312DOM66 / 34New1Total57
Townhouse
Avg/Median Price$381,700 / $350,000Range$174,999 – $780,000Price per Sq Ft$225 / $227Sq Ft1,664 / 1,652DOM80 / 23New4Total13

Sales by Bedroom Count

Studio
Avg:$627,088Median:$570,000Range:$315,000 – $1,507,232PSF:$258 / $221Sq Ft:2,655 / 2,870DOM:105 / 96New:3Total:23
1 Beds
Avg:$377,522Median:$299,990Range:$125,000 – $725,000PSF:$401 / $338Sq Ft:995 / 859DOM:95 / 74New:3Total:32
2 Beds
Avg:$425,475Median:$380,000Range:$110,000 – $1,295,000PSF:$328 / $322Sq Ft:1,364 / 1,204DOM:88 / 48New:6Total:47
3 Beds
Avg:$380,675Median:$345,000Range:$195,000 – $775,000PSF:$297 / $277Sq Ft:1,351 / 1,304DOM:80 / 37New:2Total:36
4 Beds
Avg:$422,223Median:$370,000Range:$290,000 – $760,000PSF:$261 / $261Sq Ft:1,593 / 1,505DOM:59 / 35New:1Total:17
5 Beds
Avg:$551,200Median:$492,000Range:$375,000 – $800,000PSF:$281 / $259Sq Ft:1,947 / 1,792DOM:62 / 70New:0Total:5
6 Beds
Avg:$1,933,333Median:$400,000Range:$400,000 – $5,000,000PSF:$540 / $240Sq Ft:2,588 / 1,752DOM:93 / 105New:1Total:3
7 Beds
Avg:$582,450Median:$505,000Range:$505,000 – $659,900PSF:$212 / $203Sq Ft:2,764 / 2,284DOM:26 / 17New:0Total:2
8 Beds
Avg:$636,667Median:$580,000Range:$550,000 – $780,000PSF:$182 / $164Sq Ft:3,507 / 3,540DOM:80 / 96New:0Total:3

Rental Market Overview

Median Rent
$1,100
0.0%
Median DOM
57
+9.6%
New Listings
34
Inventory
268
−3.6%
  • Average Rent: $1,489
  • Median Rent: $1,100
  • Rent Range: $684 – $8,495
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,657 / 917
  • Square Footage Range: 260 – 18,900
  • Days on Market (Avg/Median): 80 / 57
  • Days on Market Range: 1 – 361
  • New Listings: 34
  • Total Listings: 268

Rentals by Property Type

Apartment
$995
Median DOM: 65
Inventory: 108
MoM: 0.0%
Condo
$1,975
Median DOM: 64
Inventory: 92
MoM: 0.0%
Single Family
$1,900
Median DOM: 9
Inventory: 19
MoM: 0.0%
Townhouse
$1,650
Median DOM: 22
Inventory: 8
MoM: 0.0%
Apartment
Avg/Median Rent$1,028 / $995Range$684 – $1,750Rent per Sq Ft$2 / $1Sq Ft1,863 / 657DOM102 / 65New12Total108
Condo
Avg/Median Rent$2,123 / $1,975Range$750 – $8,495Rent per Sq Ft$2 / $2Sq Ft1,206 / 925DOM74 / 64New11Total92
Multi-Family
Avg/Median Rent$1,074 / $1,000Range$775 – $1,800Rent per Sq Ft$1 / $1Sq Ft2,319 / 1,912DOM80 / 57New2Total41
Single Family
Avg/Median Rent$1,880 / $1,900Range$750 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,249 / 984DOM25 / 9New8Total19
Townhouse
Avg/Median Rent$1,619 / $1,650Range$750 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,846 / 1,365DOM51 / 22New1Total8

Rentals by Bedroom Count

Studio
Avg:$1,266Median:$899Range:$684 – $4,000PSF:$2 / $2Sq Ft:1,232 / 550DOM:68 / 57New:4Total:44
1 Beds
Avg:$1,444Median:$1,095Range:$750 – $3,900PSF:$2 / $2Sq Ft:1,675 / 847DOM:90 / 65New:12Total:105
2 Beds
Avg:$1,479Median:$1,150Range:$890 – $4,000PSF:$1 / $1Sq Ft:1,647 / 1,082DOM:79 / 44New:15Total:106
3 Beds
Avg:$2,782Median:$2,011Range:$1,300 – $8,495PSF:$2 / $2Sq Ft:3,259 / 1,365DOM:61 / 46New:2Total:11
4 Beds
Avg:$2,175Median:$2,150Range:$2,150 – $2,200PSF:$1 / $1Sq Ft:1,609 / 1,609DOM:19 / 9New:1Total:2

6-Month Sales Trend

Dec 2025
Median Price:$385,000Median DOM:92New:27Total:174
Jan 2026
Median Price:$389,999Median DOM:88New:25Total:163
Feb 2026
Median Price:$398,888Median DOM:78New:30Total:174
Mar 2026
Median Price:$390,000Median DOM:78New:29Total:172
Apr 2026
Median Price:$390,000Median DOM:68New:44Total:184
May 2026
Median Price:$389,999Median DOM:54New:16Total:187

6-Month Rental Trend

Dec 2025
Median Rent:$1,135Median DOM:49New:71Total:299
Jan 2026
Median Rent:$1,195Median DOM:39New:76Total:282
Feb 2026
Median Rent:$1,161Median DOM:47New:58Total:274
Mar 2026
Median Rent:$1,099Median DOM:54New:58Total:261
Apr 2026
Median Rent:$1,100Median DOM:52New:58Total:278
May 2026
Median Rent:$1,100Median DOM:57New:34Total:268

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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.

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