ZIP 89106 Housing Market Report

Las Vegas Metro

Report period: May 2026

89106 Monthly Market Update – May 2026

ZIP 89106 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$350,000
+0.0%
Median DOM (Sales)
51
+6.3%
New Listings (Sales)
9
−69.0%
Median Rent
$1,650
0.0%
Median DOM (Rental)
32
−17.9%
Total Rental Listings
85
−8.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (41 DOM)
  • Fastest renting: Single Family (30 DOM)
  • Strongest bedroom: 8 Beds ($2,200,000 median)

Sales Market Overview

Median Price
$350,000
+0.0%
Median DOM
51
+6.3%
New Listings
9
−69.0%
Inventory
139
−4.8%
  • Average Price: $528,547
  • Median Price: $350,000
  • Price Range: $85,000 – $8,433,600
  • Price per Sq Ft (Avg/Median): $355 / $256
  • Square Footage (Avg/Median): 1,480 / 1,329
  • Square Footage Range: 753 – 4,125
  • Days on Market (Avg/Median): 86 / 51
  • Days on Market Range: 2 – 357
  • New Listings: 9
  • Total Listings: 139

Sales by Property Type

Condo
Avg/Median Price$2,315,980 / $1,591,000Range$821,100 – $8,433,600Price per Sq Ft$1,434 / $1,229Sq Ft1,413 / 1,248DOM258 / 304New0Total10
Land
Avg/Median Price$270,225 / $105,900Range$85,000 – $625,000Price per Sq FtSq FtDOM150 / 69New0Total4
Multi-Family
Avg/Median Price$627,947 / $425,000Range$314,900 – $2,178,900Price per Sq Ft$358 / $227Sq Ft2,006 / 1,833DOM115 / 82New1Total8
Single Family
Avg/Median Price$397,017 / $350,000Range$217,000 – $2,200,000Price per Sq Ft$272 / $263Sq Ft1,481 / 1,320DOM67 / 46New8Total89
Townhouse
Avg/Median Price$316,756 / $325,000Range$195,000 – $414,350Price per Sq Ft$235 / $234Sq Ft1,350 / 1,329DOM69 / 41New0Total28

Sales by Bedroom Count

Studio
Avg:$397,450Median:$314,900Range:$314,900 – $480,000PSF:$171 / $99Sq Ft:2,583 / 1,982DOM:75 / 18New:0Total:2
1 Beds
Avg:$1,020,550Median:$887,800Range:$821,100 – $1,249,500PSF:$1,063 / $967Sq Ft:954 / 918DOM:304 / 304New:0Total:4
2 Beds
Avg:$1,354,717Median:$325,000Range:$209,000 – $8,433,600PSF:$817 / $326Sq Ft:1,262 / 1,090DOM:134 / 59New:1Total:18
3 Beds
Avg:$339,012Median:$339,000Range:$195,000 – $485,000PSF:$254 / $248Sq Ft:1,355 / 1,306DOM:74 / 48New:3Total:68
4 Beds
Avg:$401,671Median:$380,000Range:$275,000 – $850,000PSF:$259 / $258Sq Ft:1,564 / 1,493DOM:55 / 31New:5Total:35
5 Beds
Avg:$633,800Median:$580,000Range:$499,000 – $925,000PSF:$211 / $206Sq Ft:2,996 / 2,893DOM:62 / 72New:0Total:5
6 Beds
Avg:$322,388Median:$319,888Range:$319,888 – $324,888PSF:$176 / $175Sq Ft:1,833 / 1,833DOM:89 / 65New:0Total:2
8 Beds
Avg:$2,200,000Median:$2,200,000Range:$2,200,000 – $2,200,000PSF:$866 / $866Sq Ft:2,540 / 2,540DOM:157 / 157New:0Total:1

Rental Market Overview

Median Rent
$1,650
0.0%
Median DOM
32
−17.9%
New Listings
8
Inventory
85
−8.6%
  • Average Rent: $1,551
  • Median Rent: $1,650
  • Rent Range: $575 – $3,100
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,759 / 1,292
  • Square Footage Range: 465 – 17,952
  • Days on Market (Avg/Median): 51 / 32
  • Days on Market Range: 1 – 285
  • New Listings: 8
  • Total Listings: 85

Rentals by Property Type

Apartment
$1,200
Median DOM: 93
Inventory: 14
MoM: 0.0%
Condo
$1,425
Median DOM: 159
Inventory: 1
MoM: 0.0%
Single Family
$1,750
Median DOM: 30
Inventory: 41
MoM: 0.0%
Townhouse
$1,850
Median DOM: 30
Inventory: 17
MoM: 0.0%
Apartment
Avg/Median Rent$1,262 / $1,200Range$825 – $1,925Rent per Sq Ft$2 / $2Sq Ft2,070 / 715DOM119 / 93New1Total14
Condo
Avg/Median Rent$1,425 / $1,425Range$1,425 – $1,425Rent per Sq Ft$1 / $1Sq Ft1,034 / 1,034DOM159 / 159New0Total1
Multi-Family
Avg/Median Rent$939 / $965Range$800 – $1,050Rent per Sq Ft$0 / $0Sq Ft2,720 / 2,574DOM44 / 39New2Total12
Single Family
Avg/Median Rent$1,731 / $1,750Range$575 – $3,100Rent per Sq Ft$1 / $1Sq Ft1,526 / 1,327DOM37 / 30New3Total41
Townhouse
Avg/Median Rent$1,794 / $1,850Range$675 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,380 / 1,173DOM48 / 30New2Total17

Rentals by Bedroom Count

Studio
Avg:$1,172Median:$1,050Range:$923 – $1,543PSF:$2 / $2Sq Ft:498 / 465DOM:New:0Total:3
1 Beds
Avg:$927Median:$850Range:$575 – $1,509PSF:$1 / $0Sq Ft:1,627 / 2,080DOM:98 / 39New:2Total:14
2 Beds
Avg:$1,308Median:$1,322Range:$965 – $1,925PSF:$1 / $1Sq Ft:2,595 / 1,220DOM:53 / 39New:2Total:21
3 Beds
Avg:$1,773Median:$1,795Range:$1,200 – $2,200PSF:$1 / $1Sq Ft:1,340 / 1,271DOM:41 / 32New:3Total:37
4 Beds
Avg:$2,034Median:$1,845Range:$1,625 – $2,800PSF:$1 / $1Sq Ft:1,764 / 1,800DOM:29 / 30New:1Total:8
5 Beds
Avg:$3,000Median:$2,900Range:$2,900 – $3,100PSF:$1 / $1Sq Ft:2,920 / 2,907DOM:14 / 11New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$350,000Median DOM:56New:20Total:122
Jan 2026
Median Price:$350,000Median DOM:57New:35Total:121
Feb 2026
Median Price:$350,000Median DOM:41New:36Total:139
Mar 2026
Median Price:$349,900Median DOM:42New:38Total:150
Apr 2026
Median Price:$349,990Median DOM:48New:29Total:146
May 2026
Median Price:$350,000Median DOM:51New:9Total:139

6-Month Rental Trend

Dec 2025
Median Rent:$1,600Median DOM:42New:28Total:107
Jan 2026
Median Rent:$1,614Median DOM:32New:34Total:98
Feb 2026
Median Rent:$1,610Median DOM:37New:26Total:96
Mar 2026
Median Rent:$1,610Median DOM:31New:30Total:100
Apr 2026
Median Rent:$1,650Median DOM:39New:16Total:93
May 2026
Median Rent:$1,650Median DOM:32New:8Total:85

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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