ZIP 89123 Housing Market Report
Las Vegas Metro
Report period: July 2026
89123 Monthly Market Update – July 2026
ZIP 89123 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$465,000
+0.0%
Median DOM (Sales)
47
+2.2%
New Listings (Sales)
25
−68.8%
Median Rent
$2,000
+0.3%
Median DOM (Rental)
20
−9.1%
Total Rental Listings
323
+1.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (4 DOM)
- Fastest renting: Apartment (8 DOM)
- Strongest bedroom: 5 Beds ($780,000 median)
Sales Market Overview
Median Price
$465,000
+0.0%
Median DOM
47
+2.2%
New Listings
25
−68.8%
Inventory
378
0.0%
- Average Price: $594,705
- Median Price: $465,000
- Price Range: $65,000 – $8,400,000
- Price per Sq Ft (Avg/Median): $273 / $261
- Square Footage (Avg/Median): 1,959 / 1,703
- Square Footage Range: 586 – 6,776
- Days on Market (Avg/Median): 73 / 47
- Days on Market Range: 1 – 337
- New Listings: 25
- Total Listings: 378
Sales by Property Type
Condo
Avg/Median Price$324,895 / $289,900Range$165,000 – $865,000Price per Sq Ft$259 / $248Sq Ft1,253 / 1,198DOM90 / 63New10Total112
Land
Avg/Median Price$3,096,250 / $1,000,000Range$525,000 – $8,400,000Price per Sq Ft—Sq Ft—DOM134 / 118New0Total8
Manufactured
Avg/Median Price$69,750 / $65,000Range$65,000 – $74,500Price per Sq Ft$56 / $42Sq Ft1,296 / 1,056DOM22 / 4New1Total2
Single Family
Avg/Median Price$661,212 / $541,000Range$347,000 – $3,000,000Price per Sq Ft$283 / $268Sq Ft2,344 / 2,131DOM63 / 44New12Total238
Townhouse
Avg/Median Price$340,674 / $330,000Range$281,000 – $429,444Price per Sq Ft$256 / $256Sq Ft1,348 / 1,250DOM89 / 28New2Total18
Sales by Bedroom Count
1 Beds
Avg:$214,625Median:$204,700Range:$165,000 – $368,000PSF:$268 / $267Sq Ft:808 / 786DOM:98 / 65New:1Total:19
2 Beds
Avg:$325,569Median:$319,000Range:$65,000 – $599,995PSF:$260 / $256Sq Ft:1,249 / 1,211DOM:83 / 48New:6Total:93
3 Beds
Avg:$492,168Median:$450,000Range:$284,900 – $1,550,000PSF:$281 / $272Sq Ft:1,770 / 1,604DOM:65 / 43New:9Total:133
4 Beds
Avg:$668,782Median:$599,900Range:$424,999 – $2,300,000PSF:$278 / $259Sq Ft:2,390 / 2,323DOM:63 / 45New:7Total:78
5 Beds
Avg:$1,035,715Median:$780,000Range:$465,000 – $2,790,000PSF:$275 / $251Sq Ft:3,595 / 3,364DOM:74 / 63New:2Total:30
6 Beds
Avg:$886,849Median:$680,000Range:$540,000 – $1,499,999PSF:$238 / $232Sq Ft:3,744 / 3,096DOM:80 / 60New:0Total:15
7 Beds
Avg:$1,837,500Median:$675,000Range:$675,000 – $3,000,000PSF:$449 / $206Sq Ft:3,808 / 3,274DOM:150 / 35New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $214,625 | $204,700 | $165,000 – $368,000 | $268 / $267 | 808 / 786 | 98 / 65 | 1 | 19 |
| 2 Beds | $325,569 | $319,000 | $65,000 – $599,995 | $260 / $256 | 1,249 / 1,211 | 83 / 48 | 6 | 93 |
| 3 Beds | $492,168 | $450,000 | $284,900 – $1,550,000 | $281 / $272 | 1,770 / 1,604 | 65 / 43 | 9 | 133 |
| 4 Beds | $668,782 | $599,900 | $424,999 – $2,300,000 | $278 / $259 | 2,390 / 2,323 | 63 / 45 | 7 | 78 |
| 5 Beds | $1,035,715 | $780,000 | $465,000 – $2,790,000 | $275 / $251 | 3,595 / 3,364 | 74 / 63 | 2 | 30 |
| 6 Beds | $886,849 | $680,000 | $540,000 – $1,499,999 | $238 / $232 | 3,744 / 3,096 | 80 / 60 | 0 | 15 |
| 7 Beds | $1,837,500 | $675,000 | $675,000 – $3,000,000 | $449 / $206 | 3,808 / 3,274 | 150 / 35 | 0 | 2 |
Rental Market Overview
Median Rent
$2,000
+0.3%
Median DOM
20
−9.1%
New Listings
56
Inventory
323
+1.6%
- Average Rent: $2,073
- Median Rent: $2,000
- Rent Range: $750 – $6,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,545 / 1,395
- Square Footage Range: 455 – 4,791
- Days on Market (Avg/Median): 35 / 20
- Days on Market Range: 1 – 264
- New Listings: 56
- Total Listings: 323
Rentals by Property Type
Apartment
$1,407
Median DOM: 8
Inventory: 14
MoM: +0.3%
Condo
$1,600
Median DOM: 32
Inventory: 127
MoM: +0.3%
Single Family
$2,250
Median DOM: 12
Inventory: 173
MoM: +0.3%
Townhouse
$1,800
Median DOM: 25
Inventory: 9
MoM: +0.3%
Apartment
Avg/Median Rent$1,489 / $1,407Range$1,190 – $1,900Rent per Sq Ft$2 / $2Sq Ft868 / 735DOM76 / 8New0Total14
Condo
Avg/Median Rent$1,740 / $1,600Range$1,200 – $4,700Rent per Sq Ft$2 / $1Sq Ft1,142 / 1,137DOM49 / 32New11Total127
Single Family
Avg/Median Rent$2,372 / $2,250Range$750 – $6,000Rent per Sq Ft$1 / $1Sq Ft1,899 / 1,784DOM25 / 12New44Total173
Townhouse
Avg/Median Rent$1,928 / $1,800Range$1,600 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,504DOM23 / 25New1Total9
Rentals by Bedroom Count
Studio
Avg:$1,387Median:$1,387Range:$1,387 – $1,387PSF:$3 / $3Sq Ft:455 / 455DOM:—New:0Total:1
1 Beds
Avg:$1,509Median:$1,400Range:$1,190 – $2,200PSF:$2 / $2Sq Ft:840 / 786DOM:51 / 36New:2Total:42
2 Beds
Avg:$1,765Median:$1,600Range:$1,250 – $3,000PSF:$1 / $1Sq Ft:1,191 / 1,155DOM:44 / 32New:12Total:98
3 Beds
Avg:$2,158Median:$2,150Range:$1,550 – $3,950PSF:$1 / $1Sq Ft:1,626 / 1,557DOM:26 / 12New:34Total:126
4 Beds
Avg:$2,753Median:$2,465Range:$750 – $6,000PSF:$1 / $1Sq Ft:2,350 / 2,183DOM:29 / 19New:7Total:38
5 Beds
Avg:$3,054Median:$2,735Range:$2,395 – $4,900PSF:$1 / $1Sq Ft:2,914 / 2,404DOM:36 / 23New:1Total:17
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 | $1,387 | $1,387 | $1,387 – $1,387 | $3 / $3 | 455 / 455 | — | 0 | 1 |
| 1 Beds | $1,509 | $1,400 | $1,190 – $2,200 | $2 / $2 | 840 / 786 | 51 / 36 | 2 | 42 |
| 2 Beds | $1,765 | $1,600 | $1,250 – $3,000 | $1 / $1 | 1,191 / 1,155 | 44 / 32 | 12 | 98 |
| 3 Beds | $2,158 | $2,150 | $1,550 – $3,950 | $1 / $1 | 1,626 / 1,557 | 26 / 12 | 34 | 126 |
| 4 Beds | $2,753 | $2,465 | $750 – $6,000 | $1 / $1 | 2,350 / 2,183 | 29 / 19 | 7 | 38 |
| 5 Beds | $3,054 | $2,735 | $2,395 – $4,900 | $1 / $1 | 2,914 / 2,404 | 36 / 23 | 1 | 17 |
| 6 Beds | $3,300 | $3,300 | $3,300 – $3,300 | $1 / $1 | 3,034 / 3,034 | — | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$440,000Median DOM:48New:83Total:380
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:$465,000Median DOM:47New:25Total:378
6-Month Rental Trend
Feb 2026
Median Rent:$1,850Median DOM:27New:94Total:314
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:56Total:323
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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