ZIP 89122 Housing Market Report

Las Vegas Metro

Report period: August 2026

89122 Monthly Market Update – August 2026

ZIP 89122 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$316,990
+0.6%
Median DOM (Sales)
46
+2.2%
New Listings (Sales)
25
−70.2%
Median Rent
$1,809
+0.5%
Median DOM (Rental)
21
+10.5%
Total Rental Listings
183
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Single Family (39 DOM)
  • Fastest renting: Single Family (14 DOM)
  • Strongest bedroom: 7 Beds ($499,990 median)

Sales Market Overview

Median Price
$316,990
+0.6%
Median DOM
46
+2.2%
New Listings
25
−70.2%
Inventory
390
+2.6%
  • Average Price: $296,196
  • Median Price: $316,990
  • Price Range: $22,000 – $850,000
  • Price per Sq Ft (Avg/Median): $208 / $215
  • Square Footage (Avg/Median): 1,433 / 1,377
  • Square Footage Range: 580 – 3,765
  • Days on Market (Avg/Median): 75 / 46
  • Days on Market Range: 1 – 362
  • New Listings: 25
  • Total Listings: 390

Sales by Property Type

Condo
Avg/Median Price$182,735 / $189,000Range$129,995 – $245,000Price per Sq Ft$198 / $193Sq Ft927 / 965DOM93 / 67New3Total50
Land
Avg/Median Price$277,422 / $111,111Range$82,000 – $850,000Price per Sq FtSq FtDOM95 / 46New0Total5
Manufactured
Avg/Median Price$184,784 / $195,500Range$22,000 – $349,995Price per Sq Ft$140 / $150Sq Ft1,342 / 1,344DOM74 / 62New6Total106
Single Family
Avg/Median Price$383,741 / $375,000Range$179,900 – $629,900Price per Sq Ft$245 / $239Sq Ft1,619 / 1,570DOM69 / 39New15Total198
Townhouse
Avg/Median Price$304,022 / $310,000Range$249,000 – $389,000Price per Sq Ft$223 / $222Sq Ft1,372 / 1,315DOM85 / 45New1Total31

Sales by Bedroom Count

1 Beds
Avg:$149,462Median:$149,900Range:$129,995 – $195,000PSF:$205 / $200Sq Ft:732 / 724DOM:81 / 30New:1Total:16
2 Beds
Avg:$219,265Median:$219,000Range:$22,000 – $415,000PSF:$195 / $191Sq Ft:1,147 / 1,144DOM:77 / 46New:6Total:107
3 Beds
Avg:$315,169Median:$339,900Range:$49,900 – $580,000PSF:$212 / $225Sq Ft:1,495 / 1,462DOM:74 / 46New:12Total:208
4 Beds
Avg:$415,999Median:$400,000Range:$275,000 – $575,000PSF:$227 / $219Sq Ft:1,877 / 1,847DOM:66 / 38New:6Total:47
5 Beds
Avg:$407,870Median:$399,999Range:$394,400 – $445,000PSF:$201 / $188Sq Ft:2,048 / 2,122DOM:93 / 30New:0Total:5
7 Beds
Avg:$564,945Median:$499,990Range:$499,990 – $629,900PSF:$150 / $133Sq Ft:3,757 / 3,749DOM:179 / 14New:0Total:2

Rental Market Overview

Median Rent
$1,809
+0.5%
Median DOM
21
+10.5%
New Listings
35
Inventory
183
0.0%
  • Average Rent: $1,797
  • Median Rent: $1,809
  • Rent Range: $550 – $5,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,443 / 1,440
  • Square Footage Range: 630 – 3,765
  • Days on Market (Avg/Median): 40 / 21
  • Days on Market Range: 1 – 321
  • New Listings: 35
  • Total Listings: 183

Rentals by Property Type

Apartment
$1,326
Median DOM: 118
Inventory: 16
MoM: +0.5%
Condo
$1,235
Median DOM: 32
Inventory: 28
MoM: +0.5%
Single Family
$1,989
Median DOM: 14
Inventory: 120
MoM: +0.5%
Townhouse
$1,599
Median DOM: 28
Inventory: 13
MoM: +0.5%
Apartment
Avg/Median Rent$1,349 / $1,326Range$550 – $2,187Rent per Sq Ft$2 / $2Sq Ft789 / 743DOM134 / 118New1Total16
Condo
Avg/Median Rent$1,212 / $1,235Range$795 – $1,495Rent per Sq Ft$1 / $1Sq Ft958 / 1,029DOM45 / 32New4Total28
Manufactured
Avg/Median Rent$1,396 / $1,350Range$1,295 – $1,495Rent per Sq Ft$1 / $1Sq Ft1,259 / 1,123DOM48 / 42New1Total5
Multi-Family
Avg/Median Rent$935 / $935Range$935 – $935Rent per Sq Ft$1 / $1Sq Ft966 / 966DOM47 / 47New0Total1
Single Family
Avg/Median Rent$2,029 / $1,989Range$1,250 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,647 / 1,591DOM29 / 14New27Total120
Townhouse
Avg/Median Rent$1,684 / $1,599Range$1,395 – $2,095Rent per Sq Ft$1 / $1Sq Ft1,315 / 1,218DOM65 / 28New2Total13

Rentals by Bedroom Count

Studio
Avg:$1,182Median:$1,182Range:$1,182 – $1,182PSF:Sq Ft:DOM:New:0Total:1
1 Beds
Avg:$1,240Median:$1,125Range:$550 – $2,187PSF:$2 / $2Sq Ft:786 / 695DOM:99 / 47New:3Total:23
2 Beds
Avg:$1,366Median:$1,295Range:$975 – $2,095PSF:$1 / $1Sq Ft:1,077 / 1,050DOM:48 / 28New:6Total:35
3 Beds
Avg:$1,911Median:$1,890Range:$1,295 – $2,900PSF:$1 / $1Sq Ft:1,530 / 1,552DOM:28 / 19New:17Total:84
4 Beds
Avg:$2,141Median:$2,100Range:$1,516 – $2,800PSF:$1 / $1Sq Ft:1,780 / 1,749DOM:29 / 8New:8Total:35
5 Beds
Avg:$3,186Median:$2,695Range:$2,275 – $5,000PSF:$1 / $1Sq Ft:2,801 / 2,655DOM:68 / 49New:1Total:5

6-Month Sales Trend

Mar 2026
Median Price:$320,000Median DOM:55New:102Total:423
Apr 2026
Median Price:$320,000Median DOM:51New:80Total:413
May 2026
Median Price:$320,000Median DOM:49New:93Total:393
Jun 2026
Median Price:$319,990Median DOM:46New:97Total:381
Jul 2026
Median Price:$315,000Median DOM:45New:84Total:380
Aug 2026
Median Price:$316,990Median DOM:46New:25Total:390

6-Month Rental Trend

Mar 2026
Median Rent:$1,775Median DOM:20New:68Total:180
Apr 2026
Median Rent:$1,775Median DOM:28New:54Total:176
May 2026
Median Rent:$1,800Median DOM:24New:62Total:165
Jun 2026
Median Rent:$1,840Median DOM:21New:62Total:171
Jul 2026
Median Rent:$1,800Median DOM:19New:75Total:183
Aug 2026
Median Rent:$1,809Median DOM:21New:35Total:183

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory was flat.

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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