ZIP 89121 Housing Market Report

Las Vegas Metro

Report period: August 2026

89121 Monthly Market Update – August 2026

ZIP 89121 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$350,000
+0.0%
Median DOM (Sales)
45
0.0%
New Listings (Sales)
24
−76.5%
Median Rent
$1,440
−3.0%
Median DOM (Rental)
42
+10.5%
Total Rental Listings
182
+0.6%

Month-over-Month Movement

Median sale prices moved higher. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (26 DOM)
  • Fastest renting: Condo (28 DOM)
  • Strongest bedroom: Studio ($615,000 median)

Sales Market Overview

Median Price
$350,000
+0.0%
Median DOM
45
0.0%
New Listings
24
−76.5%
Inventory
435
+1.2%
  • Average Price: $380,223
  • Median Price: $350,000
  • Price Range: $15,000 – $6,250,000
  • Price per Sq Ft (Avg/Median): $212 / $211
  • Square Footage (Avg/Median): 1,763 / 1,675
  • Square Footage Range: 532 – 11,040
  • Days on Market (Avg/Median): 75 / 45
  • Days on Market Range: 2 – 362
  • New Listings: 24
  • Total Listings: 435

Sales by Property Type

Condo
Avg/Median Price$202,036 / $199,500Range$159,000 – $275,000Price per Sq Ft$208 / $199Sq Ft993 / 1,029DOM72 / 65New0Total34
Land
Avg/Median Price$1,424,166 / $385,000Range$135,000 – $6,250,000Price per Sq FtSq FtDOM143 / 26New0Total6
Manufactured
Avg/Median Price$129,811 / $84,900Range$15,000 – $340,000Price per Sq Ft$102 / $88Sq Ft1,564 / 1,152DOM106 / 92New1Total27
Multi-Family
Avg/Median Price$646,421 / $599,000Range$529,999 – $800,000Price per Sq Ft$178 / $178Sq Ft3,640 / 3,168DOM62 / 46New1Total9
Single Family
Avg/Median Price$457,736 / $426,888Range$59,900 – $3,500,000Price per Sq Ft$240 / $234Sq Ft1,981 / 1,800DOM64 / 40New15Total211
Townhouse
Avg/Median Price$297,823 / $299,995Range$163,000 – $430,000Price per Sq Ft$196 / $195Sq Ft1,561 / 1,656DOM85 / 47New7Total148

Sales by Bedroom Count

Studio
Avg:$688,131Median:$615,000Range:$565,000 – $800,000PSF:$181 / $178Sq Ft:3,811 / 3,168DOM:69 / 46New:0Total:6
1 Beds
Avg:$155,588Median:$181,500Range:$35,000 – $215,000PSF:$229 / $244Sq Ft:1,401 / 748DOM:109 / 87New:2Total:17
2 Beds
Avg:$207,777Median:$210,000Range:$15,000 – $425,000PSF:$180 / $196Sq Ft:1,167 / 1,144DOM:83 / 64New:2Total:106
3 Beds
Avg:$356,615Median:$350,000Range:$70,000 – $625,000PSF:$215 / $208Sq Ft:1,697 / 1,700DOM:70 / 45New:14Total:174
4 Beds
Avg:$473,823Median:$445,000Range:$195,500 – $899,900PSF:$237 / $232Sq Ft:2,052 / 1,920DOM:73 / 44New:3Total:87
5 Beds
Avg:$522,477Median:$499,999Range:$295,000 – $805,000PSF:$220 / $210Sq Ft:2,413 / 2,300DOM:62 / 45New:2Total:26
6 Beds
Avg:$1,178,980Median:$549,900Range:$385,000 – $3,500,000PSF:$258 / $244Sq Ft:4,002 / 3,206DOM:98 / 22New:0Total:5
7 Beds
Avg:$740,972Median:$550,000Range:$549,888 – $1,164,999PSF:$249 / $243Sq Ft:3,104 / 2,259DOM:92 / 30New:0Total:4
8 Beds
Avg:$584,250Median:$560,000Range:$529,999 – $648,000PSF:$177 / $170Sq Ft:3,299 / 3,112DOM:54 / 12New:1Total:4

Rental Market Overview

Median Rent
$1,440
−3.0%
Median DOM
42
+10.5%
New Listings
27
Inventory
182
+0.6%
  • Average Rent: $1,663
  • Median Rent: $1,440
  • Rent Range: $800 – $4,495
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,608 / 1,320
  • Square Footage Range: 520 – 4,492
  • Days on Market (Avg/Median): 58 / 42
  • Days on Market Range: 1 – 353
  • New Listings: 27
  • Total Listings: 182

Rentals by Property Type

Apartment
$1,125
Median DOM: 59
Inventory: 39
MoM: −3.0%
Condo
$1,320
Median DOM: 28
Inventory: 22
MoM: −3.0%
Single Family
$2,095
Median DOM: 36
Inventory: 66
MoM: −3.0%
Townhouse
$1,695
Median DOM: 33
Inventory: 31
MoM: −3.0%
Apartment
Avg/Median Rent$1,147 / $1,125Range$875 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,104 / 802DOM89 / 59New3Total39
Condo
Avg/Median Rent$1,328 / $1,320Range$950 – $1,821Rent per Sq Ft$1 / $1Sq Ft1,224 / 980DOM34 / 28New5Total22
Manufactured
Avg/Median Rent$1,900 / $1,900Range$1,900 – $1,900Rent per Sq Ft$1 / $1Sq Ft1,980 / 1,980DOM86 / 86New0Total1
Multi-Family
Avg/Median Rent$1,135 / $1,050Range$920 – $1,750Rent per Sq Ft$1 / $0Sq Ft2,739 / 3,112DOM52 / 47New3Total23
Single Family
Avg/Median Rent$2,203 / $2,095Range$800 – $4,495Rent per Sq Ft$1 / $1Sq Ft1,661 / 1,695DOM61 / 36New10Total66
Townhouse
Avg/Median Rent$1,784 / $1,695Range$1,195 – $3,490Rent per Sq Ft$1 / $1Sq Ft1,536 / 1,550DOM40 / 33New6Total31

Rentals by Bedroom Count

1 Beds
Avg:$1,211Median:$1,150Range:$875 – $1,800PSF:$2 / $2Sq Ft:721 / 670DOM:102 / 70New:2Total:21
2 Beds
Avg:$1,259Median:$1,200Range:$920 – $1,900PSF:$1 / $1Sq Ft:1,641 / 988DOM:58 / 47New:15Total:89
3 Beds
Avg:$2,003Median:$1,850Range:$800 – $3,800PSF:$1 / $1Sq Ft:1,626 / 1,618DOM:45 / 33New:7Total:48
4 Beds
Avg:$2,525Median:$2,405Range:$1,650 – $3,205PSF:$1 / $1Sq Ft:2,123 / 1,892DOM:17 / 12New:2Total:12
5 Beds
Avg:$3,165Median:$3,095Range:$2,095 – $4,495PSF:$1 / $1Sq Ft:2,415 / 2,426DOM:75 / 40New:1Total:11
6 Beds
Avg:$3,900Median:$3,900Range:$3,900 – $3,900PSF:$2 / $2Sq Ft:2,239 / 2,239DOM:332 / 332New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$356,399Median DOM:48New:114Total:465
Apr 2026
Median Price:$354,900Median DOM:51New:91Total:462
May 2026
Median Price:$349,500Median DOM:55New:100Total:433
Jun 2026
Median Price:$350,000Median DOM:46New:112Total:437
Jul 2026
Median Price:$349,999Median DOM:45New:102Total:430
Aug 2026
Median Price:$350,000Median DOM:45New:24Total:435

6-Month Rental Trend

Mar 2026
Median Rent:$1,669Median DOM:37New:53Total:177
Apr 2026
Median Rent:$1,669Median DOM:35New:51Total:188
May 2026
Median Rent:$1,600Median DOM:27New:66Total:189
Jun 2026
Median Rent:$1,506Median DOM:31New:59Total:204
Jul 2026
Median Rent:$1,485Median DOM:38New:38Total:181
Aug 2026
Median Rent:$1,440Median DOM:42New:27Total:182

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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