ZIP 89109 Housing Market Report
Las Vegas Metro
Report period: May 2026
89109 Monthly Market Update – May 2026
ZIP 89109 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$355,000
−0.7%
Median DOM (Sales)
76
+2.7%
New Listings (Sales)
19
−69.4%
Median Rent
$2,490
−0.4%
Median DOM (Rental)
32
−23.8%
Total Rental Listings
127
−8.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (18 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($5,250,000 median)
Sales Market Overview
Median Price
$355,000
−0.7%
Median DOM
76
+2.7%
New Listings
19
−69.4%
Inventory
390
−5.3%
- Average Price: $569,746
- Median Price: $355,000
- Price Range: $134,999 – $5,900,000
- Price per Sq Ft (Avg/Median): $475 / $475
- Square Footage (Avg/Median): 1,215 / 874
- Square Footage Range: 520 – 5,609
- Days on Market (Avg/Median): 95 / 76
- Days on Market Range: 1 – 363
- New Listings: 19
- Total Listings: 390
Sales by Property Type
Condo
Avg/Median Price$568,585 / $349,900Range$134,999 – $5,900,000Price per Sq Ft$480 / $481Sq Ft1,175 / 874DOM96 / 76New15Total336
Land
Avg/Median Price$405,980 / $380,000Range$199,900 – $595,000Price per Sq Ft—Sq Ft—DOM148 / 155New0Total5
Multi-Family
Avg/Median Price$453,989 / $350,000Range$209,950 – $999,900Price per Sq Ft$499 / $524Sq Ft962 / 847DOM111 / 85New0Total31
Single Family
Avg/Median Price$1,009,522 / $875,000Range$509,000 – $2,099,000Price per Sq Ft$382 / $346Sq Ft2,685 / 2,678DOM43 / 23New3Total13
Townhouse
Avg/Median Price$385,798 / $399,995Range$319,000 – $439,995Price per Sq Ft$249 / $233Sq Ft1,625 / 1,800DOM17 / 18New1Total5
Sales by Bedroom Count
Studio
Avg:$296,455Median:$299,000Range:$147,500 – $650,000PSF:$559 / $562Sq Ft:531 / 520DOM:101 / 81New:4Total:140
1 Beds
Avg:$357,539Median:$349,888Range:$134,999 – $795,000PSF:$411 / $416Sq Ft:878 / 874DOM:99 / 72New:5Total:92
2 Beds
Avg:$693,639Median:$650,000Range:$174,999 – $4,400,000PSF:$420 / $402Sq Ft:1,667 / 1,595DOM:87 / 56New:7Total:110
3 Beds
Avg:$1,327,826Median:$999,000Range:$279,900 – $5,000,000PSF:$436 / $370Sq Ft:2,802 / 2,805DOM:87 / 77New:3Total:37
4 Beds
Avg:$3,018,800Median:$2,495,000Range:$950,000 – $5,900,000PSF:$707 / $623Sq Ft:3,982 / 4,007DOM:72 / 58New:0Total:5
5 Beds
Avg:$5,250,000Median:$5,250,000Range:$5,250,000 – $5,250,000PSF:$936 / $936Sq Ft:5,609 / 5,609DOM:30 / 30New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $296,455 | $299,000 | $147,500 – $650,000 | $559 / $562 | 531 / 520 | 101 / 81 | 4 | 140 |
| 1 Beds | $357,539 | $349,888 | $134,999 – $795,000 | $411 / $416 | 878 / 874 | 99 / 72 | 5 | 92 |
| 2 Beds | $693,639 | $650,000 | $174,999 – $4,400,000 | $420 / $402 | 1,667 / 1,595 | 87 / 56 | 7 | 110 |
| 3 Beds | $1,327,826 | $999,000 | $279,900 – $5,000,000 | $436 / $370 | 2,802 / 2,805 | 87 / 77 | 3 | 37 |
| 4 Beds | $3,018,800 | $2,495,000 | $950,000 – $5,900,000 | $707 / $623 | 3,982 / 4,007 | 72 / 58 | 0 | 5 |
| 5 Beds | $5,250,000 | $5,250,000 | $5,250,000 – $5,250,000 | $936 / $936 | 5,609 / 5,609 | 30 / 30 | 0 | 1 |
Rental Market Overview
Median Rent
$2,490
−0.4%
Median DOM
32
−23.8%
New Listings
23
Inventory
127
−8.0%
- Average Rent: $2,845
- Median Rent: $2,490
- Rent Range: $795 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,571 / 1,331
- Square Footage Range: 475 – 7,064
- Days on Market (Avg/Median): 61 / 32
- Days on Market Range: 1 – 336
- New Listings: 23
- Total Listings: 127
Rentals by Property Type
Apartment
$1,100
Median DOM: 1
Inventory: 15
MoM: −0.4%
Condo
$2,550
Median DOM: 42
Inventory: 87
MoM: −0.4%
Single Family
$2,800
Median DOM: 21
Inventory: 18
MoM: −0.4%
Townhouse
$1,900
Median DOM: 5
Inventory: 4
MoM: −0.4%
Apartment
Avg/Median Rent$1,885 / $1,100Range$875 – $7,497Rent per Sq Ft$2 / $2Sq Ft1,284 / 670DOM53 / 1New7Total15
Condo
Avg/Median Rent$3,050 / $2,550Range$795 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,502 / 1,329DOM62 / 42New11Total87
Multi-Family
Avg/Median Rent$1,642 / $1,650Range$1,550 – $1,725Rent per Sq Ft$1 / $1Sq Ft2,407 / 1,200DOM161 / 187New0Total3
Single Family
Avg/Median Rent$3,028 / $2,800Range$1,461 – $5,000Rent per Sq Ft$2 / $2Sq Ft2,013 / 1,856DOM48 / 21New4Total18
Townhouse
Avg/Median Rent$2,060 / $1,900Range$1,750 – $2,395Rent per Sq Ft$1 / $1Sq Ft1,480 / 1,350DOM44 / 5New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,973Median:$1,400Range:$942 – $2,800PSF:$4 / $2Sq Ft:525 / 520DOM:157 / 184New:0Total:4
1 Beds
Avg:$2,087Median:$2,000Range:$795 – $7,497PSF:$3 / $3Sq Ft:936 / 814DOM:32 / 19New:14Total:42
2 Beds
Avg:$2,696Median:$2,800Range:$825 – $6,950PSF:$2 / $2Sq Ft:1,679 / 1,467DOM:73 / 49New:6Total:56
3 Beds
Avg:$4,574Median:$4,195Range:$1,550 – $10,000PSF:$2 / $2Sq Ft:2,528 / 2,625DOM:70 / 27New:3Total:24
4 Beds
Avg:$5,000Median:$5,000Range:$5,000 – $5,000PSF:$2 / $2Sq Ft:2,820 / 2,820DOM:26 / 26New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,973 | $1,400 | $942 – $2,800 | $4 / $2 | 525 / 520 | 157 / 184 | 0 | 4 |
| 1 Beds | $2,087 | $2,000 | $795 – $7,497 | $3 / $3 | 936 / 814 | 32 / 19 | 14 | 42 |
| 2 Beds | $2,696 | $2,800 | $825 – $6,950 | $2 / $2 | 1,679 / 1,467 | 73 / 49 | 6 | 56 |
| 3 Beds | $4,574 | $4,195 | $1,550 – $10,000 | $2 / $2 | 2,528 / 2,625 | 70 / 27 | 3 | 24 |
| 4 Beds | $5,000 | $5,000 | $5,000 – $5,000 | $2 / $2 | 2,820 / 2,820 | 26 / 26 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$397,000Median DOM:96New:48Total:372
Jan 2026
Median Price:$380,000Median DOM:88New:71Total:357
Feb 2026
Median Price:$359,888Median DOM:72New:80Total:381
Mar 2026
Median Price:$358,000Median DOM:68New:69Total:397
Apr 2026
Median Price:$357,500Median DOM:74New:62Total:412
May 2026
Median Price:$355,000Median DOM:76New:19Total:390
6-Month Rental Trend
Dec 2025
Median Rent:$2,650Median DOM:48New:34Total:143
Jan 2026
Median Rent:$2,700Median DOM:47New:45Total:137
Feb 2026
Median Rent:$2,695Median DOM:44New:43Total:144
Mar 2026
Median Rent:$2,590Median DOM:42New:44Total:150
Apr 2026
Median Rent:$2,500Median DOM:42New:35Total:138
May 2026
Median Rent:$2,490Median DOM:32New:23Total:127
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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