ZIP 89121 Housing Market Report
Las Vegas Metro
Report period: May 2026
89121 Monthly Market Update – May 2026
ZIP 89121 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$350,000
−1.4%
Median DOM (Sales)
52
+2.0%
New Listings (Sales)
27
−70.3%
Median Rent
$1,650
−1.1%
Median DOM (Rental)
33
−5.7%
Total Rental Listings
194
+3.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (30 DOM)
- Fastest renting: Multi-Family (22 DOM)
- Strongest bedroom: Studio ($779,900 median)
Sales Market Overview
Median Price
$350,000
−1.4%
Median DOM
52
+2.0%
New Listings
27
−70.3%
Inventory
450
−2.6%
- Average Price: $391,689
- Median Price: $350,000
- Price Range: $30,000 – $6,250,000
- Price per Sq Ft (Avg/Median): $213 / $211
- Square Footage (Avg/Median): 1,809 / 1,687
- Square Footage Range: 532 – 8,968
- Days on Market (Avg/Median): 76 / 52
- Days on Market Range: 2 – 348
- New Listings: 27
- Total Listings: 450
Sales by Property Type
Condo
Avg/Median Price$209,976 / $204,999Range$139,000 – $260,000Price per Sq Ft$226 / $214Sq Ft951 / 988DOM84 / 57New2Total32
Land
Avg/Median Price$985,000 / $155,000Range$115,000 – $6,250,000Price per Sq Ft—Sq Ft—DOM90 / 30New1Total10
Manufactured
Avg/Median Price$129,889 / $99,999Range$30,000 – $365,000Price per Sq Ft$118 / $104Sq Ft1,129 / 1,060DOM89 / 76New4Total43
Multi-Family
Avg/Median Price$672,979 / $615,000Range$549,999 – $800,000Price per Sq Ft$181 / $178Sq Ft3,726 / 3,168DOM69 / 67New0Total10
Single Family
Avg/Median Price$507,712 / $449,999Range$295,000 – $3,500,000Price per Sq Ft$239 / $236Sq Ft2,159 / 1,957DOM66 / 44New11Total197
Townhouse
Avg/Median Price$299,725 / $299,999Range$140,000 – $429,900Price per Sq Ft$198 / $195Sq Ft1,557 / 1,656DOM83 / 53New9Total158
Sales by Bedroom Count
Studio
Avg:$707,827Median:$779,900Range:$579,888 – $800,000PSF:$182 / $178Sq Ft:3,909 / 4,492DOM:85 / 82New:0Total:7
1 Beds
Avg:$156,491Median:$176,000Range:$35,000 – $240,000PSF:$245 / $260Sq Ft:709 / 660DOM:85 / 60New:1Total:22
2 Beds
Avg:$232,853Median:$249,000Range:$30,000 – $399,990PSF:$193 / $204Sq Ft:1,215 / 1,226DOM:79 / 51New:7Total:103
3 Beds
Avg:$357,675Median:$354,900Range:$64,999 – $775,000PSF:$214 / $207Sq Ft:1,731 / 1,700DOM:78 / 52New:8Total:176
4 Beds
Avg:$497,573Median:$450,000Range:$79,900 – $2,300,000PSF:$229 / $233Sq Ft:2,195 / 2,005DOM:67 / 52New:8Total:91
5 Beds
Avg:$514,304Median:$499,900Range:$298,000 – $825,000PSF:$205 / $207Sq Ft:2,546 / 2,469DOM:70 / 48New:2Total:29
6 Beds
Avg:$1,105,650Median:$549,900Range:$389,998 – $3,500,000PSF:$231 / $187Sq Ft:4,052 / 2,840DOM:97 / 87New:0Total:6
7 Beds
Avg:$824,999Median:$725,000Range:$584,999 – $1,164,999PSF:$260 / $272Sq Ft:3,386 / 2,426DOM:64 / 54New:0Total:3
8 Beds
Avg:$591,666Median:$600,000Range:$549,999 – $625,000PSF:$180 / $177Sq Ft:3,299 / 3,112DOM:32 / 35New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $707,827 | $779,900 | $579,888 – $800,000 | $182 / $178 | 3,909 / 4,492 | 85 / 82 | 0 | 7 |
| 1 Beds | $156,491 | $176,000 | $35,000 – $240,000 | $245 / $260 | 709 / 660 | 85 / 60 | 1 | 22 |
| 2 Beds | $232,853 | $249,000 | $30,000 – $399,990 | $193 / $204 | 1,215 / 1,226 | 79 / 51 | 7 | 103 |
| 3 Beds | $357,675 | $354,900 | $64,999 – $775,000 | $214 / $207 | 1,731 / 1,700 | 78 / 52 | 8 | 176 |
| 4 Beds | $497,573 | $450,000 | $79,900 – $2,300,000 | $229 / $233 | 2,195 / 2,005 | 67 / 52 | 8 | 91 |
| 5 Beds | $514,304 | $499,900 | $298,000 – $825,000 | $205 / $207 | 2,546 / 2,469 | 70 / 48 | 2 | 29 |
| 6 Beds | $1,105,650 | $549,900 | $389,998 – $3,500,000 | $231 / $187 | 4,052 / 2,840 | 97 / 87 | 0 | 6 |
| 7 Beds | $824,999 | $725,000 | $584,999 – $1,164,999 | $260 / $272 | 3,386 / 2,426 | 64 / 54 | 0 | 3 |
| 8 Beds | $591,666 | $600,000 | $549,999 – $625,000 | $180 / $177 | 3,299 / 3,112 | 32 / 35 | 0 | 3 |
Rental Market Overview
Median Rent
$1,650
−1.1%
Median DOM
33
−5.7%
New Listings
32
Inventory
194
+3.2%
- Average Rent: $1,751
- Median Rent: $1,650
- Rent Range: $410 – $5,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,706 / 1,580
- Square Footage Range: 272 – 4,492
- Days on Market (Avg/Median): 51 / 33
- Days on Market Range: 1 – 356
- New Listings: 32
- Total Listings: 194
Rentals by Property Type
Apartment
$1,160
Median DOM: 53
Inventory: 31
MoM: −1.1%
Condo
$1,400
Median DOM: 39
Inventory: 22
MoM: −1.1%
Single Family
$2,300
Median DOM: 26
Inventory: 74
MoM: −1.1%
Townhouse
$1,700
Median DOM: 26
Inventory: 35
MoM: −1.1%
Apartment
Avg/Median Rent$1,151 / $1,160Range$410 – $1,689Rent per Sq Ft$1 / $1Sq Ft1,182 / 828DOM99 / 53New4Total31
Condo
Avg/Median Rent$1,386 / $1,400Range$945 – $1,800Rent per Sq Ft$1 / $2Sq Ft1,219 / 981DOM49 / 39New2Total22
Manufactured
Avg/Median Rent$1,529 / $1,585Range$1,150 – $1,800Rent per Sq Ft$2 / $1Sq Ft1,158 / 832DOM65 / 24New1Total10
Multi-Family
Avg/Median Rent$1,164 / $1,150Range$825 – $1,950Rent per Sq Ft$1 / $0Sq Ft2,972 / 3,112DOM56 / 22New3Total22
Single Family
Avg/Median Rent$2,356 / $2,300Range$1,229 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,839 / 1,895DOM43 / 26New15Total74
Townhouse
Avg/Median Rent$1,665 / $1,700Range$800 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,428 / 1,476DOM39 / 26New7Total35
Rentals by Bedroom Count
Studio
Avg:$1,689Median:$1,689Range:$1,689 – $1,689PSF:$6 / $6Sq Ft:272 / 272DOM:68 / 68New:0Total:1
1 Beds
Avg:$1,232Median:$1,238Range:$800 – $1,800PSF:$2 / $2Sq Ft:790 / 676DOM:77 / 38New:2Total:26
2 Beds
Avg:$1,334Median:$1,250Range:$410 – $2,300PSF:$1 / $1Sq Ft:1,771 / 1,056DOM:56 / 39New:16Total:79
3 Beds
Avg:$2,092Median:$1,900Range:$1,200 – $5,000PSF:$1 / $1Sq Ft:1,765 / 1,656DOM:44 / 26New:8Total:58
4 Beds
Avg:$2,465Median:$2,355Range:$1,895 – $3,000PSF:$1 / $1Sq Ft:1,993 / 1,970DOM:31 / 14New:4Total:18
5 Beds
Avg:$2,842Median:$2,920Range:$2,250 – $3,500PSF:$1 / $1Sq Ft:2,439 / 2,236DOM:38 / 30New:2Total:10
6 Beds
Avg:$3,250Median:$2,900Range:$2,900 – $3,600PSF:$1 / $1Sq Ft:2,185 / 2,131DOM:147 / 36New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,689 | $1,689 | $1,689 – $1,689 | $6 / $6 | 272 / 272 | 68 / 68 | 0 | 1 |
| 1 Beds | $1,232 | $1,238 | $800 – $1,800 | $2 / $2 | 790 / 676 | 77 / 38 | 2 | 26 |
| 2 Beds | $1,334 | $1,250 | $410 – $2,300 | $1 / $1 | 1,771 / 1,056 | 56 / 39 | 16 | 79 |
| 3 Beds | $2,092 | $1,900 | $1,200 – $5,000 | $1 / $1 | 1,765 / 1,656 | 44 / 26 | 8 | 58 |
| 4 Beds | $2,465 | $2,355 | $1,895 – $3,000 | $1 / $1 | 1,993 / 1,970 | 31 / 14 | 4 | 18 |
| 5 Beds | $2,842 | $2,920 | $2,250 – $3,500 | $1 / $1 | 2,439 / 2,236 | 38 / 30 | 2 | 10 |
| 6 Beds | $3,250 | $2,900 | $2,900 – $3,600 | $1 / $1 | 2,185 / 2,131 | 147 / 36 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$360,699Median DOM:61New:95Total:501
Jan 2026
Median Price:$361,671Median DOM:56New:122Total:487
Feb 2026
Median Price:$365,000Median DOM:51New:91Total:473
Mar 2026
Median Price:$356,399Median DOM:48New:114Total:465
Apr 2026
Median Price:$354,900Median DOM:51New:91Total:462
May 2026
Median Price:$350,000Median DOM:52New:27Total:450
6-Month Rental Trend
Dec 2025
Median Rent:$1,400Median DOM:45New:52Total:190
Jan 2026
Median Rent:$1,400Median DOM:39New:44Total:166
Feb 2026
Median Rent:$1,495Median DOM:34New:53Total:179
Mar 2026
Median Rent:$1,669Median DOM:37New:53Total:177
Apr 2026
Median Rent:$1,669Median DOM:35New:51Total:188
May 2026
Median Rent:$1,650Median DOM:33New:32Total:194
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 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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