ZIP 89122 Housing Market Report

Las Vegas Metro

Report period: May 2026

89122 Monthly Market Update – May 2026

ZIP 89122 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$319,900
−0.0%
Median DOM (Sales)
48
−5.9%
New Listings (Sales)
30
−62.5%
Median Rent
$1,795
+1.1%
Median DOM (Rental)
23
−17.9%
Total Rental Listings
169
−4.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (44 DOM)
  • Fastest renting: Single Family (12 DOM)
  • Strongest bedroom: 7 Beds ($539,999 median)

Sales Market Overview

Median Price
$319,900
−0.0%
Median DOM
48
−5.9%
New Listings
30
−62.5%
Inventory
388
−6.1%
  • Average Price: $303,039
  • Median Price: $319,900
  • Price Range: $49,000 – $629,900
  • Price per Sq Ft (Avg/Median): $214 / $217
  • Square Footage (Avg/Median): 1,430 / 1,374
  • Square Footage Range: 580 – 3,765
  • Days on Market (Avg/Median): 73 / 48
  • Days on Market Range: 2 – 348
  • New Listings: 30
  • Total Listings: 388

Sales by Property Type

Condo
Avg/Median Price$188,462 / $195,000Range$55,000 – $250,000Price per Sq Ft$208 / $209Sq Ft915 / 896DOM79 / 61New3Total59
Land
Avg/Median Price$144,028 / $111,111Range$82,000 – $234,000Price per Sq FtSq FtDOM86 / 82New1Total4
Manufactured
Avg/Median Price$190,848 / $199,900Range$49,000 – $333,000Price per Sq Ft$150 / $161Sq Ft1,287 / 1,248DOM72 / 44New5Total86
Single Family
Avg/Median Price$383,185 / $383,000Range$214,500 – $629,900Price per Sq Ft$240 / $240Sq Ft1,640 / 1,570DOM69 / 45New20Total210
Townhouse
Avg/Median Price$310,410 / $310,000Range$249,000 – $394,000Price per Sq Ft$226 / $222Sq Ft1,379 / 1,462DOM92 / 75New1Total29

Sales by Bedroom Count

1 Beds
Avg:$161,076Median:$162,000Range:$134,950 – $195,000PSF:$218 / $213Sq Ft:739 / 724DOM:75 / 85New:2Total:19
2 Beds
Avg:$226,683Median:$220,000Range:$49,000 – $415,000PSF:$202 / $208Sq Ft:1,128 / 1,142DOM:72 / 45New:9Total:108
3 Beds
Avg:$324,712Median:$345,000Range:$49,900 – $580,000PSF:$215 / $218Sq Ft:1,513 / 1,462DOM:70 / 47New:13Total:199
4 Beds
Avg:$422,234Median:$399,888Range:$199,900 – $599,999PSF:$238 / $240Sq Ft:1,806 / 1,609DOM:74 / 48New:4Total:48
5 Beds
Avg:$411,817Median:$390,000Range:$360,000 – $475,000PSF:$200 / $192Sq Ft:2,074 / 1,848DOM:124 / 92New:0Total:6
6 Beds
Avg:$467,500Median:$390,000Range:$390,000 – $545,000PSF:$194 / $145Sq Ft:2,682 / 1,600DOM:77 / 4New:1Total:2
7 Beds
Avg:$584,950Median:$539,999Range:$539,999 – $629,900PSF:$156 / $144Sq Ft:3,757 / 3,749DOM:177 / 102New:0Total:2

Rental Market Overview

Median Rent
$1,795
+1.1%
Median DOM
23
−17.9%
New Listings
36
Inventory
169
−4.0%
  • Average Rent: $1,744
  • Median Rent: $1,795
  • Rent Range: $645 – $5,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,407 / 1,348
  • Square Footage Range: 483 – 3,765
  • Days on Market (Avg/Median): 38 / 23
  • Days on Market Range: 1 – 285
  • New Listings: 36
  • Total Listings: 169

Rentals by Property Type

Apartment
$1,182
Median DOM: 126
Inventory: 13
MoM: +1.1%
Condo
$1,200
Median DOM: 33
Inventory: 30
MoM: +1.1%
Single Family
$1,950
Median DOM: 12
Inventory: 105
MoM: +1.1%
Townhouse
$1,700
Median DOM: 22
Inventory: 13
MoM: +1.1%
Apartment
Avg/Median Rent$1,206 / $1,182Range$645 – $2,141Rent per Sq Ft$2 / $2Sq Ft679 / 700DOM127 / 126New1Total13
Condo
Avg/Median Rent$1,258 / $1,200Range$1,000 – $1,850Rent per Sq Ft$1 / $1Sq Ft950 / 1,029DOM53 / 33New6Total30
Manufactured
Avg/Median Rent$1,402 / $1,396Range$1,295 – $1,499Rent per Sq Ft$1 / $1Sq Ft1,221 / 1,123DOM61 / 52New0Total7
Multi-Family
Avg/Median Rent$995 / $995Range$995 – $995Rent per Sq Ft$1 / $1Sq Ft966 / 966DOM64 / 64New0Total1
Single Family
Avg/Median Rent$1,989 / $1,950Range$650 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,640 / 1,546DOM26 / 12New26Total105
Townhouse
Avg/Median Rent$1,665 / $1,700Range$1,395 – $2,095Rent per Sq Ft$1 / $1Sq Ft1,286 / 1,218DOM37 / 22New3Total13

Rentals by Bedroom Count

Studio
Avg:$1,278Median:$1,182Range:$1,182 – $1,373PSF:$2 / $2Sq Ft:605 / 605DOM:New:0Total:2
1 Beds
Avg:$1,131Median:$1,102Range:$645 – $2,141PSF:$2 / $2Sq Ft:714 / 700DOM:91 / 33New:3Total:21
2 Beds
Avg:$1,418Median:$1,350Range:$1,000 – $2,995PSF:$1 / $1Sq Ft:1,031 / 1,040DOM:39 / 26New:7Total:36
3 Beds
Avg:$1,829Median:$1,849Range:$1,225 – $2,285PSF:$1 / $1Sq Ft:1,485 / 1,464DOM:29 / 15New:17Total:77
4 Beds
Avg:$2,183Median:$2,100Range:$1,845 – $3,900PSF:$1 / $1Sq Ft:1,861 / 1,816DOM:28 / 28New:8Total:27
5 Beds
Avg:$2,965Median:$2,500Range:$2,100 – $5,000PSF:$1 / $1Sq Ft:2,636 / 2,474DOM:48 / 56New:1Total:5
6 Beds
Avg:$2,750Median:$2,750Range:$2,750 – $2,750PSF:$1 / $1Sq Ft:3,749 / 3,749DOM:1 / 1New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$339,999Median DOM:75New:60Total:410
Jan 2026
Median Price:$327,000Median DOM:61New:114Total:419
Feb 2026
Median Price:$319,999Median DOM:56New:83Total:407
Mar 2026
Median Price:$320,000Median DOM:55New:102Total:423
Apr 2026
Median Price:$320,000Median DOM:51New:80Total:413
May 2026
Median Price:$319,900Median DOM:48New:30Total:388

6-Month Rental Trend

Dec 2025
Median Rent:$1,795Median DOM:29New:62Total:174
Jan 2026
Median Rent:$1,763Median DOM:25New:62Total:161
Feb 2026
Median Rent:$1,795Median DOM:25New:57Total:162
Mar 2026
Median Rent:$1,775Median DOM:20New:68Total:180
Apr 2026
Median Rent:$1,775Median DOM:28New:54Total:176
May 2026
Median Rent:$1,795Median DOM:23New:36Total:169

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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