ZIP 89123 Housing Market Report
Las Vegas Metro
Report period: August 2026
89123 Monthly Market Update – August 2026
ZIP 89123 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$455,000
−0.9%
Median DOM (Sales)
45
−2.2%
New Listings (Sales)
28
−69.9%
Median Rent
$1,985
−0.8%
Median DOM (Rental)
20
0.0%
Total Rental Listings
324
+1.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (32 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 8 Beds ($1,471,900 median)
Sales Market Overview
Median Price
$455,000
−0.9%
Median DOM
45
−2.2%
New Listings
28
−69.9%
Inventory
396
+2.3%
- Average Price: $573,235
- Median Price: $455,000
- Price Range: $65,000 – $8,400,000
- Price per Sq Ft (Avg/Median): $274 / $261
- Square Footage (Avg/Median): 1,952 / 1,698
- Square Footage Range: 586 – 8,684
- Days on Market (Avg/Median): 73 / 45
- Days on Market Range: 1 – 364
- New Listings: 28
- Total Listings: 396
Sales by Property Type
Condo
Avg/Median Price$326,118 / $288,299Range$170,000 – $865,000Price per Sq Ft$257 / $249Sq Ft1,273 / 1,198DOM87 / 63New9Total121
Land
Avg/Median Price$2,322,222 / $1,000,000Range$290,000 – $8,400,000Price per Sq Ft—Sq Ft—DOM109 / 32New1Total9
Manufactured
Avg/Median Price$76,467 / $74,500Range$65,000 – $89,900Price per Sq Ft$63 / $71Sq Ft1,256 / 1,176DOM41 / 35New0Total3
Single Family
Avg/Median Price$654,981 / $539,000Range$279,000 – $2,995,000Price per Sq Ft$286 / $269Sq Ft2,346 / 2,099DOM65 / 44New17Total244
Townhouse
Avg/Median Price$347,165 / $340,000Range$281,000 – $449,900Price per Sq Ft$258 / $259Sq Ft1,359 / 1,376DOM79 / 45New1Total19
Sales by Bedroom Count
1 Beds
Avg:$226,128Median:$209,500Range:$170,000 – $365,000PSF:$280 / $273Sq Ft:813 / 786DOM:103 / 63New:1Total:18
2 Beds
Avg:$331,794Median:$300,000Range:$65,000 – $1,600,000PSF:$273 / $251Sq Ft:1,247 / 1,198DOM:72 / 45New:10Total:105
3 Beds
Avg:$486,905Median:$449,999Range:$279,000 – $1,550,000PSF:$280 / $272Sq Ft:1,750 / 1,612DOM:72 / 45New:7Total:135
4 Beds
Avg:$645,673Median:$589,000Range:$424,900 – $2,300,000PSF:$268 / $253Sq Ft:2,399 / 2,315DOM:60 / 39New:8Total:85
5 Beds
Avg:$1,063,018Median:$859,800Range:$465,000 – $2,700,000PSF:$274 / $250Sq Ft:3,726 / 3,477DOM:82 / 46New:1Total:30
6 Beds
Avg:$867,794Median:$680,000Range:$550,000 – $1,499,999PSF:$235 / $220Sq Ft:3,764 / 3,096DOM:117 / 91New:0Total:11
7 Beds
Avg:$1,835,000Median:$675,000Range:$675,000 – $2,995,000PSF:$276 / $206Sq Ft:5,979 / 3,274DOM:26 / 16New:0Total:2
8 Beds
Avg:$1,471,900Median:$1,471,900Range:$1,471,900 – $1,471,900PSF:$362 / $362Sq Ft:4,071 / 4,071DOM:13 / 13New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $226,128 | $209,500 | $170,000 – $365,000 | $280 / $273 | 813 / 786 | 103 / 63 | 1 | 18 |
| 2 Beds | $331,794 | $300,000 | $65,000 – $1,600,000 | $273 / $251 | 1,247 / 1,198 | 72 / 45 | 10 | 105 |
| 3 Beds | $486,905 | $449,999 | $279,000 – $1,550,000 | $280 / $272 | 1,750 / 1,612 | 72 / 45 | 7 | 135 |
| 4 Beds | $645,673 | $589,000 | $424,900 – $2,300,000 | $268 / $253 | 2,399 / 2,315 | 60 / 39 | 8 | 85 |
| 5 Beds | $1,063,018 | $859,800 | $465,000 – $2,700,000 | $274 / $250 | 3,726 / 3,477 | 82 / 46 | 1 | 30 |
| 6 Beds | $867,794 | $680,000 | $550,000 – $1,499,999 | $235 / $220 | 3,764 / 3,096 | 117 / 91 | 0 | 11 |
| 7 Beds | $1,835,000 | $675,000 | $675,000 – $2,995,000 | $276 / $206 | 5,979 / 3,274 | 26 / 16 | 0 | 2 |
| 8 Beds | $1,471,900 | $1,471,900 | $1,471,900 – $1,471,900 | $362 / $362 | 4,071 / 4,071 | 13 / 13 | 0 | 1 |
Rental Market Overview
Median Rent
$1,985
−0.8%
Median DOM
20
0.0%
New Listings
55
Inventory
324
+1.3%
- Average Rent: $2,037
- Median Rent: $1,985
- Rent Range: $750 – $4,900
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,524 / 1,370
- Square Footage Range: 455 – 4,791
- Days on Market (Avg/Median): 36 / 20
- Days on Market Range: 1 – 295
- New Listings: 55
- Total Listings: 324
Rentals by Property Type
Apartment
$1,400
Median DOM: 161
Inventory: 12
MoM: −0.8%
Condo
$1,550
Median DOM: 34
Inventory: 123
MoM: −0.8%
Single Family
$2,200
Median DOM: 13
Inventory: 179
MoM: −0.8%
Townhouse
$1,800
Median DOM: 18
Inventory: 10
MoM: −0.8%
Apartment
Avg/Median Rent$1,468 / $1,400Range$1,205 – $1,900Rent per Sq Ft$2 / $2Sq Ft821 / 728DOM178 / 161New0Total12
Condo
Avg/Median Rent$1,686 / $1,550Range$1,100 – $4,700Rent per Sq Ft$2 / $1Sq Ft1,107 / 1,131DOM47 / 34New14Total123
Single Family
Avg/Median Rent$2,324 / $2,200Range$750 – $4,900Rent per Sq Ft$1 / $1Sq Ft1,867 / 1,761DOM26 / 13New40Total179
Townhouse
Avg/Median Rent$1,874 / $1,800Range$1,595 – $2,395Rent per Sq Ft$1 / $1Sq Ft1,382 / 1,239DOM27 / 18New1Total10
Rentals by Bedroom Count
Studio
Avg:$1,251Median:$1,251Range:$1,251 – $1,251PSF:$3 / $3Sq Ft:455 / 455DOM:—New:0Total:1
1 Beds
Avg:$1,480Median:$1,400Range:$1,100 – $2,200PSF:$2 / $2Sq Ft:845 / 786DOM:50 / 32New:7Total:47
2 Beds
Avg:$1,742Median:$1,595Range:$1,250 – $3,000PSF:$2 / $1Sq Ft:1,161 / 1,131DOM:44 / 31New:7Total:94
3 Beds
Avg:$2,133Median:$2,060Range:$1,500 – $3,950PSF:$1 / $1Sq Ft:1,628 / 1,557DOM:27 / 12New:32Total:127
4 Beds
Avg:$2,707Median:$2,595Range:$750 – $4,700PSF:$1 / $1Sq Ft:2,350 / 2,222DOM:24 / 13New:6Total:41
5 Beds
Avg:$3,084Median:$2,995Range:$2,395 – $4,900PSF:$1 / $1Sq Ft:2,957 / 2,686DOM:45 / 23New:3Total:13
6 Beds
Avg:$3,300Median:$3,300Range:$3,300 – $3,300PSF:$1 / $1Sq Ft:3,034 / 3,034DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,251 | $1,251 | $1,251 – $1,251 | $3 / $3 | 455 / 455 | — | 0 | 1 |
| 1 Beds | $1,480 | $1,400 | $1,100 – $2,200 | $2 / $2 | 845 / 786 | 50 / 32 | 7 | 47 |
| 2 Beds | $1,742 | $1,595 | $1,250 – $3,000 | $2 / $1 | 1,161 / 1,131 | 44 / 31 | 7 | 94 |
| 3 Beds | $2,133 | $2,060 | $1,500 – $3,950 | $1 / $1 | 1,628 / 1,557 | 27 / 12 | 32 | 127 |
| 4 Beds | $2,707 | $2,595 | $750 – $4,700 | $1 / $1 | 2,350 / 2,222 | 24 / 13 | 6 | 41 |
| 5 Beds | $3,084 | $2,995 | $2,395 – $4,900 | $1 / $1 | 2,957 / 2,686 | 45 / 23 | 3 | 13 |
| 6 Beds | $3,300 | $3,300 | $3,300 – $3,300 | $1 / $1 | 3,034 / 3,034 | — | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$439,900Median DOM:47New:97Total:397
Apr 2026
Median Price:$449,900Median DOM:49New:80Total:397
May 2026
Median Price:$459,999Median DOM:45New:104Total:395
Jun 2026
Median Price:$464,999Median DOM:46New:80Total:378
Jul 2026
Median Price:$459,000Median DOM:46New:93Total:387
Aug 2026
Median Price:$455,000Median DOM:45New:28Total:396
6-Month Rental Trend
Mar 2026
Median Rent:$1,920Median DOM:24New:116Total:312
Apr 2026
Median Rent:$1,950Median DOM:23New:111Total:317
May 2026
Median Rent:$1,950Median DOM:26New:107Total:295
Jun 2026
Median Rent:$1,995Median DOM:22New:129Total:318
Jul 2026
Median Rent:$2,000Median DOM:20New:119Total:320
Aug 2026
Median Rent:$1,985Median DOM:20New:55Total:324
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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