ZIP 89131 Housing Market Report
Las Vegas Metro
Report period: August 2026
89131 Monthly Market Update – August 2026
ZIP 89131 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$624,999
0.0%
Median DOM (Sales)
43
0.0%
New Listings (Sales)
25
−74.7%
Median Rent
$2,150
0.0%
Median DOM (Rental)
9
+12.5%
Total Rental Listings
165
+0.6%
Month-over-Month Movement
Median sale prices were flat. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (41 DOM)
- Fastest renting: Single Family (6 DOM)
- Strongest bedroom: 8 Beds ($1,275,000 median)
Sales Market Overview
Median Price
$624,999
0.0%
Median DOM
43
0.0%
New Listings
25
−74.7%
Inventory
368
+2.5%
- Average Price: $754,152
- Median Price: $624,999
- Price Range: $190,000 – $6,920,000
- Price per Sq Ft (Avg/Median): $274 / $257
- Square Footage (Avg/Median): 2,663 / 2,551
- Square Footage Range: 800 – 9,111
- Days on Market (Avg/Median): 60 / 43
- Days on Market Range: 1 – 340
- New Listings: 25
- Total Listings: 368
Sales by Property Type
Condo
Avg/Median Price$264,862 / $245,000Range$190,000 – $339,000Price per Sq Ft$253 / $230Sq Ft1,068 / 862DOM70 / 46New0Total8
Land
Avg/Median Price$1,676,816 / $1,175,000Range$449,990 – $6,920,000Price per Sq Ft—Sq Ft—DOM114 / 77New0Total12
Single Family
Avg/Median Price$761,827 / $654,900Range$200,000 – $4,500,000Price per Sq Ft$277 / $259Sq Ft2,787 / 2,684DOM58 / 41New25Total324
Townhouse
Avg/Median Price$352,296 / $349,900Range$289,000 – $399,995Price per Sq Ft$235 / $230Sq Ft1,513 / 1,493DOM67 / 46New0Total24
Sales by Bedroom Count
1 Beds
Avg:$232,200Median:$245,000Range:$190,000 – $246,000PSF:$269 / $284Sq Ft:862 / 862DOM:69 / 46New:0Total:5
2 Beds
Avg:$477,378Median:$355,000Range:$289,000 – $2,200,000PSF:$421 / $266Sq Ft:1,292 / 1,255DOM:60 / 45New:1Total:19
3 Beds
Avg:$522,524Median:$457,500Range:$289,000 – $1,495,000PSF:$258 / $252Sq Ft:2,036 / 1,854DOM:55 / 38New:13Total:128
4 Beds
Avg:$780,471Median:$715,000Range:$200,000 – $3,395,000PSF:$266 / $256Sq Ft:2,917 / 2,843DOM:54 / 38New:7Total:140
5 Beds
Avg:$991,059Median:$899,000Range:$469,000 – $3,295,000PSF:$274 / $257Sq Ft:3,614 / 3,630DOM:72 / 45New:3Total:53
6 Beds
Avg:$1,413,856Median:$1,250,000Range:$499,900 – $3,395,000PSF:$268 / $246Sq Ft:5,217 / 5,074DOM:78 / 30New:0Total:9
8 Beds
Avg:$2,887,500Median:$1,275,000Range:$1,275,000 – $4,500,000PSF:$457 / $277Sq Ft:5,839 / 4,610DOM:135 / 8New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $232,200 | $245,000 | $190,000 – $246,000 | $269 / $284 | 862 / 862 | 69 / 46 | 0 | 5 |
| 2 Beds | $477,378 | $355,000 | $289,000 – $2,200,000 | $421 / $266 | 1,292 / 1,255 | 60 / 45 | 1 | 19 |
| 3 Beds | $522,524 | $457,500 | $289,000 – $1,495,000 | $258 / $252 | 2,036 / 1,854 | 55 / 38 | 13 | 128 |
| 4 Beds | $780,471 | $715,000 | $200,000 – $3,395,000 | $266 / $256 | 2,917 / 2,843 | 54 / 38 | 7 | 140 |
| 5 Beds | $991,059 | $899,000 | $469,000 – $3,295,000 | $274 / $257 | 3,614 / 3,630 | 72 / 45 | 3 | 53 |
| 6 Beds | $1,413,856 | $1,250,000 | $499,900 – $3,395,000 | $268 / $246 | 5,217 / 5,074 | 78 / 30 | 0 | 9 |
| 8 Beds | $2,887,500 | $1,275,000 | $1,275,000 – $4,500,000 | $457 / $277 | 5,839 / 4,610 | 135 / 8 | 1 | 2 |
Rental Market Overview
Median Rent
$2,150
0.0%
Median DOM
9
+12.5%
New Listings
33
Inventory
165
+0.6%
- Average Rent: $2,328
- Median Rent: $2,150
- Rent Range: $900 – $6,900
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 2,014 / 1,877
- Square Footage Range: 636 – 4,861
- Days on Market (Avg/Median): 23 / 9
- Days on Market Range: 1 – 336
- New Listings: 33
- Total Listings: 165
Rentals by Property Type
Apartment
$1,602
Median DOM: 13
Inventory: 3
MoM: 0.0%
Condo
$1,750
Median DOM: 16
Inventory: 12
MoM: 0.0%
Single Family
$2,215
Median DOM: 6
Inventory: 145
MoM: 0.0%
Townhouse
$1,895
Median DOM: 34
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$1,559 / $1,602Range$1,425 – $1,651Rent per Sq Ft$2 / $3Sq Ft694 / 649DOM14 / 13New0Total3
Condo
Avg/Median Rent$1,805 / $1,750Range$1,350 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,339 / 1,255DOM26 / 16New4Total12
Multi-Family
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$1 / $1Sq Ft1,348 / 1,348DOM13 / 13New0Total1
Single Family
Avg/Median Rent$2,393 / $2,215Range$900 – $6,900Rent per Sq Ft$1 / $1Sq Ft2,109 / 2,022DOM22 / 6New29Total145
Townhouse
Avg/Median Rent$2,237 / $1,895Range$1,700 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,751 / 1,454DOM38 / 34New0Total4
Rentals by Bedroom Count
1 Beds
Avg:$1,384Median:$1,425Range:$900 – $1,651PSF:$2 / $2Sq Ft:1,133 / 700DOM:13 / 13New:1Total:6
2 Beds
Avg:$1,860Median:$1,850Range:$1,350 – $2,500PSF:$2 / $2Sq Ft:1,226 / 1,196DOM:31 / 13New:2Total:11
3 Beds
Avg:$2,087Median:$1,999Range:$1,550 – $3,800PSF:$1 / $1Sq Ft:1,707 / 1,615DOM:20 / 6New:16Total:79
4 Beds
Avg:$2,676Median:$2,475Range:$1,200 – $6,900PSF:$1 / $1Sq Ft:2,445 / 2,322DOM:22 / 9New:10Total:57
5 Beds
Avg:$3,319Median:$3,000Range:$2,100 – $6,500PSF:$1 / $1Sq Ft:3,136 / 2,964DOM:48 / 10New:2Total:9
6 Beds
Avg:$2,725Median:$2,900Range:$2,275 – $3,000PSF:$1 / $1Sq Ft:3,326 / 3,703DOM:21 / 4New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,384 | $1,425 | $900 – $1,651 | $2 / $2 | 1,133 / 700 | 13 / 13 | 1 | 6 |
| 2 Beds | $1,860 | $1,850 | $1,350 – $2,500 | $2 / $2 | 1,226 / 1,196 | 31 / 13 | 2 | 11 |
| 3 Beds | $2,087 | $1,999 | $1,550 – $3,800 | $1 / $1 | 1,707 / 1,615 | 20 / 6 | 16 | 79 |
| 4 Beds | $2,676 | $2,475 | $1,200 – $6,900 | $1 / $1 | 2,445 / 2,322 | 22 / 9 | 10 | 57 |
| 5 Beds | $3,319 | $3,000 | $2,100 – $6,500 | $1 / $1 | 3,136 / 2,964 | 48 / 10 | 2 | 9 |
| 6 Beds | $2,725 | $2,900 | $2,275 – $3,000 | $1 / $1 | 3,326 / 3,703 | 21 / 4 | 2 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$590,000Median DOM:39New:95Total:345
Apr 2026
Median Price:$595,000Median DOM:35New:102Total:363
May 2026
Median Price:$600,000Median DOM:38New:90Total:346
Jun 2026
Median Price:$625,000Median DOM:42New:86Total:335
Jul 2026
Median Price:$624,999Median DOM:43New:99Total:359
Aug 2026
Median Price:$624,999Median DOM:43New:25Total:368
6-Month Rental Trend
Mar 2026
Median Rent:$2,199Median DOM:11New:78Total:174
Apr 2026
Median Rent:$2,248Median DOM:15New:77Total:185
May 2026
Median Rent:$2,250Median DOM:12New:84Total:184
Jun 2026
Median Rent:$2,235Median DOM:8New:85Total:181
Jul 2026
Median Rent:$2,150Median DOM:8New:71Total:164
Aug 2026
Median Rent:$2,150Median DOM:9New:33Total:165
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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