ZIP 89103 Housing Market Report
Las Vegas Metro
Report period: May 2026
89103 Monthly Market Update – May 2026
ZIP 89103 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$288,000
−2.4%
Median DOM (Sales)
57
+1.8%
New Listings (Sales)
28
−70.8%
Median Rent
$1,450
+2.3%
Median DOM (Rental)
30
−14.3%
Total Rental Listings
325
−1.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (40 DOM)
- Fastest renting: Townhouse (19 DOM)
- Strongest bedroom: 5 Beds ($554,990 median)
Sales Market Overview
Median Price
$288,000
−2.4%
Median DOM
57
+1.8%
New Listings
28
−70.8%
Inventory
424
−0.7%
- Average Price: $423,343
- Median Price: $288,000
- Price Range: $55,000 – $4,250,000
- Price per Sq Ft (Avg/Median): $337 / $302
- Square Footage (Avg/Median): 1,182 / 1,058
- Square Footage Range: 480 – 4,826
- Days on Market (Avg/Median): 78 / 57
- Days on Market Range: 1 – 347
- New Listings: 28
- Total Listings: 424
Sales by Property Type
Condo
Avg/Median Price$437,999 / $250,000Range$129,900 – $4,250,000Price per Sq Ft$367 / $344Sq Ft1,067 / 947DOM81 / 60New21Total299
Land
Avg/Median Price$1,550,000 / $1,550,000Range$1,550,000 – $1,550,000Price per Sq Ft—Sq Ft—DOM293 / 293New0Total1
Manufactured
Avg/Median Price$153,026 / $125,000Range$55,000 – $294,444Price per Sq Ft$125 / $105Sq Ft1,258 / 1,152DOM54 / 45New1Total17
Multi-Family
Avg/Median Price$444,221 / $397,000Range$193,000 – $1,275,000Price per Sq Ft$396 / $393Sq Ft1,088 / 1,220DOM146 / 145New0Total18
Single Family
Avg/Median Price$452,624 / $465,000Range$175,000 – $609,998Price per Sq Ft$268 / $270Sq Ft1,720 / 1,640DOM59 / 41New3Total63
Townhouse
Avg/Median Price$302,807 / $287,000Range$219,000 – $400,000Price per Sq Ft$253 / $233Sq Ft1,227 / 1,193DOM57 / 40New3Total26
Sales by Bedroom Count
Studio
Avg:$260,801Median:$249,500Range:$178,000 – $395,000PSF:$423 / $406Sq Ft:617 / 615DOM:101 / 80New:5Total:62
1 Beds
Avg:$317,883Median:$239,900Range:$139,000 – $1,478,000PSF:$352 / $336Sq Ft:865 / 717DOM:89 / 65New:4Total:84
2 Beds
Avg:$403,371Median:$250,000Range:$55,000 – $1,800,000PSF:$308 / $247Sq Ft:1,213 / 1,073DOM:74 / 47New:15Total:189
3 Beds
Avg:$643,876Median:$399,999Range:$79,900 – $4,250,000PSF:$340 / $293Sq Ft:1,653 / 1,536DOM:63 / 44New:1Total:57
4 Beds
Avg:$724,572Median:$515,000Range:$413,000 – $3,849,000PSF:$305 / $250Sq Ft:2,125 / 2,116DOM:53 / 32New:2Total:29
5 Beds
Avg:$562,445Median:$554,990Range:$554,990 – $569,900PSF:$249 / $237Sq Ft:2,266 / 2,131DOM:51 / 4New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $260,801 | $249,500 | $178,000 – $395,000 | $423 / $406 | 617 / 615 | 101 / 80 | 5 | 62 |
| 1 Beds | $317,883 | $239,900 | $139,000 – $1,478,000 | $352 / $336 | 865 / 717 | 89 / 65 | 4 | 84 |
| 2 Beds | $403,371 | $250,000 | $55,000 – $1,800,000 | $308 / $247 | 1,213 / 1,073 | 74 / 47 | 15 | 189 |
| 3 Beds | $643,876 | $399,999 | $79,900 – $4,250,000 | $340 / $293 | 1,653 / 1,536 | 63 / 44 | 1 | 57 |
| 4 Beds | $724,572 | $515,000 | $413,000 – $3,849,000 | $305 / $250 | 2,125 / 2,116 | 53 / 32 | 2 | 29 |
| 5 Beds | $562,445 | $554,990 | $554,990 – $569,900 | $249 / $237 | 2,266 / 2,131 | 51 / 4 | 1 | 2 |
Rental Market Overview
Median Rent
$1,450
+2.3%
Median DOM
30
−14.3%
New Listings
50
Inventory
325
−1.5%
- Average Rent: $1,882
- Median Rent: $1,450
- Rent Range: $675 – $6,213
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,225 / 1,008
- Square Footage Range: 496 – 4,208
- Days on Market (Avg/Median): 54 / 30
- Days on Market Range: 1 – 316
- New Listings: 50
- Total Listings: 325
Rentals by Property Type
Apartment
$1,250
Median DOM: 58
Inventory: 41
MoM: +2.3%
Condo
$1,399
Median DOM: 31
Inventory: 186
MoM: +2.3%
Single Family
$2,240
Median DOM: 27
Inventory: 67
MoM: +2.3%
Townhouse
$1,800
Median DOM: 19
Inventory: 17
MoM: +2.3%
Apartment
Avg/Median Rent$1,264 / $1,250Range$771 – $1,900Rent per Sq Ft$2 / $1Sq Ft970 / 780DOM112 / 58New2Total41
Condo
Avg/Median Rent$1,897 / $1,399Range$950 – $6,213Rent per Sq Ft$2 / $2Sq Ft1,004 / 955DOM51 / 31New33Total186
Manufactured
Avg/Median Rent$1,600 / $1,600Range$1,600 – $1,600Rent per Sq Ft$1 / $1Sq Ft1,344 / 1,344DOM27 / 27New0Total1
Multi-Family
Avg/Median Rent$1,153 / $1,150Range$925 – $1,350Rent per Sq Ft$0 / $0Sq Ft3,257 / 3,648DOM63 / 30New1Total13
Single Family
Avg/Median Rent$2,373 / $2,240Range$675 – $5,500Rent per Sq Ft$2 / $1Sq Ft1,548 / 1,526DOM42 / 27New11Total67
Townhouse
Avg/Median Rent$1,838 / $1,800Range$1,099 – $3,700Rent per Sq Ft$1 / $1Sq Ft1,411 / 1,362DOM36 / 19New3Total17
Rentals by Bedroom Count
Studio
Avg:$2,640Median:$2,600Range:$2,499 – $2,900PSF:$4 / $4Sq Ft:615 / 615DOM:84 / 27New:1Total:5
1 Beds
Avg:$1,502Median:$1,200Range:$771 – $4,000PSF:$2 / $2Sq Ft:741 / 700DOM:68 / 33New:14Total:73
2 Beds
Avg:$1,877Median:$1,350Range:$925 – $6,213PSF:$2 / $1Sq Ft:1,272 / 1,008DOM:48 / 30New:24Total:178
3 Beds
Avg:$2,067Median:$1,945Range:$1,050 – $4,995PSF:$1 / $1Sq Ft:1,470 / 1,362DOM:50 / 26New:8Total:42
4 Beds
Avg:$2,557Median:$2,399Range:$2,000 – $3,395PSF:$1 / $1Sq Ft:1,818 / 1,892DOM:51 / 29New:2Total:20
5 Beds
Avg:$2,514Median:$2,450Range:$2,050 – $3,195PSF:$1 / $1Sq Ft:2,306 / 2,449DOM:36 / 29New:1Total:5
6 Beds
Avg:$3,388Median:$3,388Range:$3,388 – $3,388PSF:$1 / $1Sq Ft:2,862 / 2,862DOM:264 / 264New:0Total:1
8 Beds
Avg:$675Median:$675Range:$675 – $675PSF:$1 / $1Sq Ft:1,036 / 1,036DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,640 | $2,600 | $2,499 – $2,900 | $4 / $4 | 615 / 615 | 84 / 27 | 1 | 5 |
| 1 Beds | $1,502 | $1,200 | $771 – $4,000 | $2 / $2 | 741 / 700 | 68 / 33 | 14 | 73 |
| 2 Beds | $1,877 | $1,350 | $925 – $6,213 | $2 / $1 | 1,272 / 1,008 | 48 / 30 | 24 | 178 |
| 3 Beds | $2,067 | $1,945 | $1,050 – $4,995 | $1 / $1 | 1,470 / 1,362 | 50 / 26 | 8 | 42 |
| 4 Beds | $2,557 | $2,399 | $2,000 – $3,395 | $1 / $1 | 1,818 / 1,892 | 51 / 29 | 2 | 20 |
| 5 Beds | $2,514 | $2,450 | $2,050 – $3,195 | $1 / $1 | 2,306 / 2,449 | 36 / 29 | 1 | 5 |
| 6 Beds | $3,388 | $3,388 | $3,388 – $3,388 | $1 / $1 | 2,862 / 2,862 | 264 / 264 | 0 | 1 |
| 8 Beds | $675 | $675 | $675 – $675 | $1 / $1 | 1,036 / 1,036 | — | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$299,999Median DOM:76New:51Total:422
Jan 2026
Median Price:$299,999Median DOM:75New:81Total:388
Feb 2026
Median Price:$305,000Median DOM:69New:75Total:393
Mar 2026
Median Price:$299,800Median DOM:60New:99Total:403
Apr 2026
Median Price:$295,000Median DOM:56New:96Total:427
May 2026
Median Price:$288,000Median DOM:57New:28Total:424
6-Month Rental Trend
Dec 2025
Median Rent:$1,400Median DOM:44New:92Total:317
Jan 2026
Median Rent:$1,395Median DOM:41New:94Total:319
Feb 2026
Median Rent:$1,399Median DOM:39New:85Total:331
Mar 2026
Median Rent:$1,450Median DOM:38New:96Total:321
Apr 2026
Median Rent:$1,417Median DOM:35New:97Total:330
May 2026
Median Rent:$1,450Median DOM:30New:50Total:325
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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