ZIP 89117 Housing Market Report

Las Vegas Metro

Report period: May 2026

89117 Monthly Market Update – May 2026

ZIP 89117 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$549,000
0.0%
Median DOM (Sales)
42
0.0%
New Listings (Sales)
32
−71.7%
Median Rent
$2,037
−0.4%
Median DOM (Rental)
26
−3.7%
Total Rental Listings
319
−0.6%

Month-over-Month Movement

Median sale prices were flat. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (38 DOM)
  • Fastest renting: Multi-Family (11 DOM)
  • Strongest bedroom: 7 Beds ($2,395,000 median)

Sales Market Overview

Median Price
$549,000
0.0%
Median DOM
42
0.0%
New Listings
32
−71.7%
Inventory
396
−1.7%
  • Average Price: $766,893
  • Median Price: $549,000
  • Price Range: $155,900 – $10,000,000
  • Price per Sq Ft (Avg/Median): $297 / $276
  • Square Footage (Avg/Median): 2,339 / 1,972
  • Square Footage Range: 663 – 11,457
  • Days on Market (Avg/Median): 61 / 42
  • Days on Market Range: 1 – 338
  • New Listings: 32
  • Total Listings: 396

Sales by Property Type

Condo
Avg/Median Price$265,246 / $234,000Range$155,900 – $1,700,000Price per Sq Ft$245 / $238Sq Ft1,061 / 998DOM71 / 47New9Total96
Land
Avg/Median Price$2,001,380 / $429,000Range$399,000 – $8,000,000Price per Sq FtSq FtDOM114 / 68New0Total5
Single Family
Avg/Median Price$944,165 / $668,888Range$349,990 – $10,000,000Price per Sq Ft$316 / $289Sq Ft2,846 / 2,401DOM56 / 38New22Total276
Townhouse
Avg/Median Price$401,553 / $335,500Range$290,999 – $1,350,000Price per Sq Ft$281 / $274Sq Ft1,434 / 1,186DOM69 / 76New1Total19

Sales by Bedroom Count

1 Beds
Avg:$194,783Median:$189,900Range:$155,900 – $255,000PSF:$266 / $262Sq Ft:733 / 730DOM:84 / 67New:2Total:24
2 Beds
Avg:$300,064Median:$259,900Range:$184,000 – $819,000PSF:$262 / $240Sq Ft:1,133 / 1,053DOM:66 / 47New:7Total:78
3 Beds
Avg:$604,269Median:$519,900Range:$239,000 – $2,280,000PSF:$301 / $284Sq Ft:1,929 / 1,820DOM:52 / 32New:12Total:126
4 Beds
Avg:$912,655Median:$719,999Range:$417,500 – $2,999,000PSF:$305 / $280Sq Ft:2,903 / 2,655DOM:52 / 34New:6Total:103
5 Beds
Avg:$1,281,665Median:$1,148,000Range:$559,999 – $3,695,000PSF:$315 / $285Sq Ft:3,915 / 3,921DOM:81 / 57New:4Total:43
6 Beds
Avg:$1,744,611Median:$1,250,000Range:$690,000 – $6,000,000PSF:$330 / $273Sq Ft:5,104 / 4,970DOM:72 / 49New:1Total:13
7 Beds
Avg:$4,417,500Median:$2,395,000Range:$1,575,000 – $10,000,000PSF:$494 / $387Sq Ft:7,950 / 6,182DOM:45 / 47New:0Total:4

Rental Market Overview

Median Rent
$2,037
−0.4%
Median DOM
26
−3.7%
New Listings
46
Inventory
319
−0.6%
  • Average Rent: $2,521
  • Median Rent: $2,037
  • Rent Range: $575 – $10,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,789 / 1,528
  • Square Footage Range: 657 – 7,022
  • Days on Market (Avg/Median): 44 / 26
  • Days on Market Range: 1 – 336
  • New Listings: 46
  • Total Listings: 319

Rentals by Property Type

Apartment
$1,435
Median DOM: 169
Inventory: 20
MoM: −0.4%
Condo
$1,550
Median DOM: 26
Inventory: 105
MoM: −0.4%
Single Family
$2,545
Median DOM: 25
Inventory: 187
MoM: −0.4%
Townhouse
$1,800
Median DOM: 16
Inventory: 6
MoM: −0.4%
Apartment
Avg/Median Rent$1,489 / $1,435Range$1,250 – $2,600Rent per Sq Ft$2 / $2Sq Ft793 / 721DOM188 / 169New0Total20
Condo
Avg/Median Rent$1,552 / $1,550Range$1,100 – $2,600Rent per Sq Ft$2 / $1Sq Ft1,039 / 1,015DOM40 / 26New20Total105
Multi-Family
Avg/Median Rent$1,450 / $1,450Range$1,450 – $1,450Rent per Sq Ft$0 / $0Sq Ft3,122 / 3,122DOM11 / 11New1Total1
Single Family
Avg/Median Rent$3,174 / $2,545Range$575 – $10,000Rent per Sq Ft$1 / $1Sq Ft2,311 / 2,041DOM42 / 25New25Total187
Townhouse
Avg/Median Rent$2,749 / $1,800Range$1,650 – $5,950Rent per Sq Ft$2 / $1Sq Ft1,831 / 1,408DOM23 / 16New0Total6

Rentals by Bedroom Count

1 Beds
Avg:$1,380Median:$1,350Range:$575 – $2,600PSF:$2 / $2Sq Ft:844 / 730DOM:85 / 38New:2Total:29
2 Beds
Avg:$1,602Median:$1,595Range:$1,145 – $2,600PSF:$2 / $1Sq Ft:1,069 / 1,053DOM:38 / 24New:20Total:96
3 Beds
Avg:$2,297Median:$2,100Range:$1,395 – $5,950PSF:$1 / $1Sq Ft:1,692 / 1,583DOM:40 / 21New:13Total:95
4 Beds
Avg:$3,672Median:$2,925Range:$2,045 – $9,900PSF:$1 / $1Sq Ft:2,596 / 2,348DOM:44 / 27New:9Total:75
5 Beds
Avg:$4,613Median:$3,550Range:$2,450 – $10,000PSF:$1 / $1Sq Ft:3,492 / 3,122DOM:52 / 33New:2Total:20
6 Beds
Avg:$6,138Median:$5,700Range:$5,601 – $7,250PSF:$2 / $1Sq Ft:4,352 / 3,694DOM:97 / 50New:0Total:4

6-Month Sales Trend

Dec 2025
Median Price:$559,000Median DOM:72New:54Total:417
Jan 2026
Median Price:$555,000Median DOM:61New:90Total:380
Feb 2026
Median Price:$549,900Median DOM:49New:81Total:366
Mar 2026
Median Price:$549,900Median DOM:48New:100Total:388
Apr 2026
Median Price:$549,000Median DOM:42New:113Total:403
May 2026
Median Price:$549,000Median DOM:42New:32Total:396

6-Month Rental Trend

Dec 2025
Median Rent:$1,895Median DOM:38New:88Total:312
Jan 2026
Median Rent:$1,995Median DOM:31New:99Total:309
Feb 2026
Median Rent:$2,000Median DOM:31New:85Total:300
Mar 2026
Median Rent:$2,000Median DOM:31New:102Total:317
Apr 2026
Median Rent:$2,045Median DOM:27New:101Total:321
May 2026
Median Rent:$2,037Median DOM:26New:46Total:319

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady 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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