ZIP 89120 Housing Market Report

Las Vegas Metro

Report period: May 2026

89120 Monthly Market Update – May 2026

ZIP 89120 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$440,000
0.0%
Median DOM (Sales)
40
+5.3%
New Listings (Sales)
23
−63.5%
Median Rent
$1,500
0.0%
Median DOM (Rental)
27
−10.0%
Total Rental Listings
85
+2.4%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (2 DOM)
  • Fastest renting: Townhouse (15 DOM)
  • Strongest bedroom: 8 Beds ($1,899,888 median)

Sales Market Overview

Median Price
$440,000
0.0%
Median DOM
40
+5.3%
New Listings
23
−63.5%
Inventory
213
+2.9%
  • Average Price: $686,458
  • Median Price: $440,000
  • Price Range: $118,000 – $5,800,000
  • Price per Sq Ft (Avg/Median): $260 / $238
  • Square Footage (Avg/Median): 2,283 / 1,763
  • Square Footage Range: 616 – 8,761
  • Days on Market (Avg/Median): 60 / 40
  • Days on Market Range: 2 – 362
  • New Listings: 23
  • Total Listings: 213

Sales by Property Type

Condo
Avg/Median Price$210,627 / $208,000Range$140,000 – $289,900Price per Sq Ft$204 / $202Sq Ft1,038 / 1,020DOM69 / 46New6Total55
Land
Avg/Median Price$1,013,583 / $750,000Range$500,000 – $1,950,000Price per Sq FtSq FtDOM136 / 180New0Total6
Manufactured
Avg/Median Price$235,000 / $235,000Range$235,000 – $235,000Price per Sq Ft$280 / $280Sq Ft840 / 840DOM2 / 2New1Total1
Multi-Family
Avg/Median Price$965,000 / $965,000Range$965,000 – $965,000Price per Sq Ft$185 / $185Sq Ft5,214 / 5,214DOM63 / 63New0Total1
Single Family
Avg/Median Price$943,361 / $579,950Range$299,900 – $5,800,000Price per Sq Ft$293 / $270Sq Ft2,967 / 2,287DOM55 / 38New15Total130
Townhouse
Avg/Median Price$235,630 / $227,500Range$118,000 – $379,900Price per Sq Ft$201 / $204Sq Ft1,189 / 1,026DOM53 / 17New1Total20

Sales by Bedroom Count

Studio
Avg:$965,000Median:$965,000Range:$965,000 – $965,000PSF:$185 / $185Sq Ft:5,214 / 5,214DOM:63 / 63New:0Total:1
1 Beds
Avg:$360,000Median:$165,000Range:$146,000 – $1,150,000PSF:$270 / $237Sq Ft:1,145 / 697DOM:152 / 135New:0Total:5
2 Beds
Avg:$215,891Median:$200,000Range:$118,000 – $500,000PSF:$211 / $205Sq Ft:1,018 / 1,015DOM:45 / 30New:7Total:48
3 Beds
Avg:$447,985Median:$409,999Range:$151,000 – $1,800,000PSF:$243 / $249Sq Ft:1,810 / 1,620DOM:55 / 40New:9Total:75
4 Beds
Avg:$823,606Median:$580,000Range:$279,900 – $4,300,000PSF:$280 / $258Sq Ft:2,710 / 2,232DOM:57 / 40New:6Total:46
5 Beds
Avg:$1,487,794Median:$1,395,000Range:$420,000 – $3,500,000PSF:$341 / $313Sq Ft:4,210 / 2,968DOM:80 / 25New:1Total:20
6 Beds
Avg:$2,222,432Median:$1,499,990Range:$469,900 – $5,800,000PSF:$369 / $295Sq Ft:5,417 / 5,456DOM:45 / 38New:0Total:9
7 Beds
Avg:$1,931,944Median:$1,588,888Range:$1,588,888 – $2,275,000PSF:$281 / $271Sq Ft:6,920 / 5,440DOM:191 / 118New:0Total:2
8 Beds
Avg:$1,899,888Median:$1,899,888Range:$1,899,888 – $1,899,888PSF:$337 / $337Sq Ft:5,639 / 5,639DOM:24 / 24New:0Total:1

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
27
−10.0%
New Listings
16
Inventory
85
+2.4%
  • Average Rent: $2,009
  • Median Rent: $1,500
  • Rent Range: $850 – $10,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,793 / 1,164
  • Square Footage Range: 575 – 8,646
  • Days on Market (Avg/Median): 46 / 27
  • Days on Market Range: 1 – 302
  • New Listings: 16
  • Total Listings: 85

Rentals by Property Type

Apartment
$1,250
Median DOM: 186
Inventory: 9
MoM: 0.0%
Condo
$1,350
Median DOM: 39
Inventory: 24
MoM: 0.0%
Single Family
$2,250
Median DOM: 21
Inventory: 35
MoM: 0.0%
Townhouse
$1,500
Median DOM: 15
Inventory: 15
MoM: 0.0%
Apartment
Avg/Median Rent$1,316 / $1,250Range$1,136 – $1,600Rent per Sq Ft$2 / $2Sq Ft780 / 700DOM185 / 186New0Total9
Condo
Avg/Median Rent$1,384 / $1,350Range$1,090 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,051 / 1,020DOM48 / 39New4Total24
Multi-Family
Avg/Median Rent$1,128 / $850Range$850 – $1,405Rent per Sq Ft$1 / $1Sq Ft1,330 / 1,104DOM18 / 17New0Total2
Single Family
Avg/Median Rent$2,873 / $2,250Range$1,130 – $10,000Rent per Sq Ft$1 / $1Sq Ft2,163 / 1,835DOM39 / 21New8Total35
Townhouse
Avg/Median Rent$1,525 / $1,500Range$1,295 – $2,000Rent per Sq Ft$1 / $1Sq Ft2,788 / 1,302DOM23 / 15New4Total15

Rentals by Bedroom Count

Studio
Avg:$850Median:$850Range:$850 – $850PSF:$1 / $1Sq Ft:1,556 / 1,556DOM:18 / 18New:0Total:1
1 Beds
Avg:$1,262Median:$1,185Range:$1,095 – $1,480PSF:$2 / $2Sq Ft:684 / 697DOM:131 / 186New:1Total:8
2 Beds
Avg:$1,421Median:$1,351Range:$1,090 – $2,000PSF:$1 / $1Sq Ft:1,649 / 1,020DOM:42 / 21New:7Total:36
3 Beds
Avg:$1,956Median:$1,550Range:$1,350 – $5,650PSF:$1 / $1Sq Ft:1,663 / 1,190DOM:40 / 24New:6Total:26
4 Beds
Avg:$3,840Median:$2,850Range:$1,860 – $9,900PSF:$1 / $1Sq Ft:2,657 / 2,128DOM:60 / 33New:2Total:11
5 Beds
Avg:$2,555Median:$2,555Range:$2,555 – $2,555PSF:$1 / $1Sq Ft:2,220 / 2,220DOM:30 / 30New:0Total:1
6 Beds
Avg:$6,498Median:$2,995Range:$2,995 – $10,000PSF:$1 / $1Sq Ft:5,667 / 2,688DOM:14 / 1New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$439,900Median DOM:79New:23Total:182
Jan 2026
Median Price:$464,000Median DOM:58New:47Total:171
Feb 2026
Median Price:$459,000Median DOM:46New:38Total:165
Mar 2026
Median Price:$445,000Median DOM:49New:40Total:172
Apr 2026
Median Price:$440,000Median DOM:38New:63Total:207
May 2026
Median Price:$440,000Median DOM:40New:23Total:213

6-Month Rental Trend

Dec 2025
Median Rent:$1,444Median DOM:44New:23Total:90
Jan 2026
Median Rent:$1,495Median DOM:28New:34Total:90
Feb 2026
Median Rent:$1,550Median DOM:30New:22Total:79
Mar 2026
Median Rent:$1,500Median DOM:26New:34Total:85
Apr 2026
Median Rent:$1,500Median DOM:30New:26Total:83
May 2026
Median Rent:$1,500Median DOM:27New:16Total:85

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory increased.

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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