ZIP 89128 Housing Market Report

Las Vegas Metro

Report period: May 2026

89128 Monthly Market Update – May 2026

ZIP 89128 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$345,000
−9.2%
Median DOM (Sales)
43
+4.9%
New Listings (Sales)
28
−60.0%
Median Rent
$1,925
+1.3%
Median DOM (Rental)
25
0.0%
Total Rental Listings
274
−7.1%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (32 DOM)
  • Fastest renting: Single Family (13 DOM)
  • Strongest bedroom: 5 Beds ($699,995 median)

Sales Market Overview

Median Price
$345,000
−9.2%
Median DOM
43
+4.9%
New Listings
28
−60.0%
Inventory
302
−1.3%
  • Average Price: $436,001
  • Median Price: $345,000
  • Price Range: $145,800 – $2,490,000
  • Price per Sq Ft (Avg/Median): $256 / $245
  • Square Footage (Avg/Median): 1,663 / 1,333
  • Square Footage Range: 560 – 7,562
  • Days on Market (Avg/Median): 65 / 43
  • Days on Market Range: 1 – 362
  • New Listings: 28
  • Total Listings: 302

Sales by Property Type

Condo
Avg/Median Price$237,731 / $234,900Range$145,800 – $350,000Price per Sq Ft$235 / $231Sq Ft1,024 / 1,038DOM77 / 46New14Total132
Single Family
Avg/Median Price$643,508 / $559,000Range$325,000 – $2,490,000Price per Sq Ft$279 / $269Sq Ft2,310 / 2,205DOM54 / 32New10Total141
Townhouse
Avg/Median Price$329,564 / $315,000Range$225,000 – $429,900Price per Sq Ft$236 / $241Sq Ft1,398 / 1,331DOM62 / 54New4Total29

Sales by Bedroom Count

1 Beds
Avg:$189,937Median:$179,900Range:$145,800 – $239,900PSF:$282 / $263Sq Ft:681 / 690DOM:79 / 71New:1Total:19
2 Beds
Avg:$259,277Median:$239,000Range:$175,000 – $460,000PSF:$234 / $232Sq Ft:1,105 / 1,074DOM:72 / 45New:12Total:105
3 Beds
Avg:$409,160Median:$390,000Range:$210,000 – $1,150,000PSF:$263 / $248Sq Ft:1,550 / 1,412DOM:58 / 37New:9Total:99
4 Beds
Avg:$709,098Median:$599,999Range:$415,000 – $1,649,900PSF:$272 / $252Sq Ft:2,572 / 2,406DOM:63 / 44New:4Total:59
5 Beds
Avg:$924,793Median:$699,995Range:$425,000 – $2,490,000PSF:$263 / $235Sq Ft:3,395 / 3,073DOM:56 / 30New:2Total:20

Rental Market Overview

Median Rent
$1,925
+1.3%
Median DOM
25
0.0%
New Listings
45
Inventory
274
−7.1%
  • Average Rent: $2,086
  • Median Rent: $1,925
  • Rent Range: $990 – $6,700
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,477 / 1,320
  • Square Footage Range: 536 – 3,698
  • Days on Market (Avg/Median): 42 / 25
  • Days on Market Range: 1 – 321
  • New Listings: 45
  • Total Listings: 274

Rentals by Property Type

Apartment
$1,295
Median DOM: 159
Inventory: 8
MoM: +1.3%
Condo
$1,400
Median DOM: 33
Inventory: 95
MoM: +1.3%
Single Family
$2,295
Median DOM: 13
Inventory: 150
MoM: +1.3%
Townhouse
$1,795
Median DOM: 37
Inventory: 20
MoM: +1.3%
Apartment
Avg/Median Rent$1,549 / $1,295Range$1,120 – $3,200Rent per Sq Ft$2 / $2Sq Ft842 / 720DOM140 / 159New0Total8
Condo
Avg/Median Rent$1,581 / $1,400Range$1,055 – $3,700Rent per Sq Ft$2 / $2Sq Ft970 / 1,005DOM52 / 33New8Total95
Multi-Family
Avg/Median Rent$1,495 / $1,495Range$1,495 – $1,495Rent per Sq Ft$1 / $1Sq Ft1,390 / 1,390DOM44 / 44New0Total1
Single Family
Avg/Median Rent$2,463 / $2,295Range$990 – $6,700Rent per Sq Ft$1 / $1Sq Ft1,853 / 1,785DOM33 / 13New35Total150
Townhouse
Avg/Median Rent$1,896 / $1,795Range$1,450 – $2,999Rent per Sq Ft$1 / $1Sq Ft1,328 / 1,320DOM38 / 37New2Total20

Rentals by Bedroom Count

Studio
Avg:$1,296Median:$1,296Range:$1,296 – $1,296PSF:$2 / $2Sq Ft:536 / 536DOM:New:0Total:1
1 Beds
Avg:$1,463Median:$1,250Range:$1,055 – $3,700PSF:$2 / $2Sq Ft:704 / 707DOM:50 / 29New:4Total:27
2 Beds
Avg:$1,630Median:$1,495Range:$1,100 – $3,000PSF:$2 / $1Sq Ft:1,062 / 1,014DOM:47 / 33New:9Total:81
3 Beds
Avg:$2,132Median:$1,995Range:$990 – $5,200PSF:$1 / $1Sq Ft:1,522 / 1,478DOM:43 / 20New:17Total:104
4 Beds
Avg:$2,786Median:$2,595Range:$1,890 – $6,700PSF:$1 / $1Sq Ft:2,238 / 2,142DOM:28 / 16New:13Total:53
5 Beds
Avg:$3,662Median:$3,295Range:$2,580 – $6,000PSF:$1 / $1Sq Ft:2,794 / 2,531DOM:49 / 24New:1Total:6
6 Beds
Avg:$3,672Median:$3,350Range:$3,350 – $3,995PSF:$1 / $1Sq Ft:2,784 / 2,630DOM:13 / 2New:1Total:2

6-Month Sales Trend

Dec 2025
Median Price:$383,000Median DOM:67New:53Total:329
Jan 2026
Median Price:$360,000Median DOM:57New:78Total:311
Feb 2026
Median Price:$349,900Median DOM:51New:57Total:298
Mar 2026
Median Price:$349,990Median DOM:39New:87Total:301
Apr 2026
Median Price:$380,000Median DOM:41New:70Total:306
May 2026
Median Price:$345,000Median DOM:43New:28Total:302

6-Month Rental Trend

Dec 2025
Median Rent:$1,855Median DOM:34New:89Total:257
Jan 2026
Median Rent:$1,850Median DOM:30New:98Total:262
Feb 2026
Median Rent:$1,900Median DOM:28New:81Total:273
Mar 2026
Median Rent:$1,900Median DOM:26New:114Total:283
Apr 2026
Median Rent:$1,900Median DOM:25New:102Total:295
May 2026
Median Rent:$1,925Median DOM:25New:45Total:274

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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