ZIP 89138 Housing Market Report
Las Vegas Metro
Report period: May 2026
89138 Monthly Market Update – May 2026
ZIP 89138 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$828,000
−0.1%
Median DOM (Sales)
33
0.0%
New Listings (Sales)
65
−66.8%
Median Rent
$2,850
0.0%
Median DOM (Rental)
26
+4.0%
Total Rental Listings
253
−5.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (33 DOM)
- Fastest renting: Condo (21 DOM)
- Strongest bedroom: 6 Beds ($1,780,000 median)
Sales Market Overview
Median Price
$828,000
−0.1%
Median DOM
33
0.0%
New Listings
65
−66.8%
Inventory
542
−0.2%
- Average Price: $1,019,805
- Median Price: $828,000
- Price Range: $355,000 – $5,800,000
- Price per Sq Ft (Avg/Median): $390 / $354
- Square Footage (Avg/Median): 2,500 / 2,378
- Square Footage Range: 1,232 – 4,731
- Days on Market (Avg/Median): 44 / 33
- Days on Market Range: 1 – 352
- New Listings: 65
- Total Listings: 542
Sales by Property Type
Condo
Avg/Median Price$416,780 / $434,000Range$355,000 – $459,900Price per Sq Ft$275 / $269Sq Ft1,522 / 1,532DOM57 / 50New0Total5
Land
Avg/Median Price$5,800,000 / $5,800,000Range$5,800,000 – $5,800,000Price per Sq Ft—Sq Ft—DOM115 / 115New0Total1
Single Family
Avg/Median Price$1,104,637 / $936,000Range$475,000 – $3,250,000Price per Sq Ft$407 / $376Sq Ft2,640 / 2,480DOM45 / 33New49Total448
Townhouse
Avg/Median Price$567,877 / $530,000Range$400,000 – $1,200,000Price per Sq Ft$307 / $301Sq Ft1,845 / 1,796DOM42 / 33New16Total88
Sales by Bedroom Count
2 Beds
Avg:$566,832Median:$530,000Range:$355,000 – $1,135,000PSF:$374 / $378Sq Ft:1,519 / 1,440DOM:62 / 42New:1Total:45
3 Beds
Avg:$817,469Median:$659,950Range:$454,058 – $2,400,000PSF:$375 / $339Sq Ft:2,110 / 2,016DOM:41 / 34New:21Total:228
4 Beds
Avg:$1,197,401Median:$1,049,000Range:$500,000 – $3,000,000PSF:$410 / $364Sq Ft:2,816 / 2,663DOM:42 / 27New:39Total:197
5 Beds
Avg:$1,380,915Median:$1,209,950Range:$619,000 – $3,250,000PSF:$386 / $365Sq Ft:3,485 / 3,335DOM:50 / 39New:4Total:68
6 Beds
Avg:$1,751,333Median:$1,780,000Range:$1,675,000 – $1,799,000PSF:$450 / $460Sq Ft:3,891 / 3,869DOM:37 / 32New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $566,832 | $530,000 | $355,000 – $1,135,000 | $374 / $378 | 1,519 / 1,440 | 62 / 42 | 1 | 45 |
| 3 Beds | $817,469 | $659,950 | $454,058 – $2,400,000 | $375 / $339 | 2,110 / 2,016 | 41 / 34 | 21 | 228 |
| 4 Beds | $1,197,401 | $1,049,000 | $500,000 – $3,000,000 | $410 / $364 | 2,816 / 2,663 | 42 / 27 | 39 | 197 |
| 5 Beds | $1,380,915 | $1,209,950 | $619,000 – $3,250,000 | $386 / $365 | 3,485 / 3,335 | 50 / 39 | 4 | 68 |
| 6 Beds | $1,751,333 | $1,780,000 | $1,675,000 – $1,799,000 | $450 / $460 | 3,891 / 3,869 | 37 / 32 | 0 | 3 |
Rental Market Overview
Median Rent
$2,850
0.0%
Median DOM
26
+4.0%
New Listings
33
Inventory
253
−5.6%
- Average Rent: $3,316
- Median Rent: $2,850
- Rent Range: $1,250 – $10,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 2,128 / 2,017
- Square Footage Range: 758 – 4,512
- Days on Market (Avg/Median): 36 / 26
- Days on Market Range: 1 – 214
- New Listings: 33
- Total Listings: 253
Rentals by Property Type
Apartment
$1,717
Median DOM: 182
Inventory: 1
MoM: 0.0%
Condo
$2,275
Median DOM: 21
Inventory: 10
MoM: 0.0%
Single Family
$3,100
Median DOM: 23
Inventory: 186
MoM: 0.0%
Townhouse
$2,575
Median DOM: 34
Inventory: 55
MoM: 0.0%
Apartment
Avg/Median Rent$1,717 / $1,717Range$1,717 – $1,717Rent per Sq Ft$2 / $2Sq Ft758 / 758DOM182 / 182New0Total1
Condo
Avg/Median Rent$2,834 / $2,275Range$1,895 – $4,900Rent per Sq Ft$2 / $2Sq Ft1,704 / 1,466DOM32 / 21New1Total10
Multi-Family
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,782 / 1,782DOM88 / 88New0Total1
Single Family
Avg/Median Rent$3,564 / $3,100Range$1,250 – $10,000Rent per Sq Ft$2 / $1Sq Ft2,277 / 2,150DOM35 / 23New29Total186
Townhouse
Avg/Median Rent$2,614 / $2,575Range$2,194 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,734 / 1,687DOM36 / 34New3Total55
Rentals by Bedroom Count
1 Beds
Avg:$1,484Median:$1,250Range:$1,250 – $1,717PSF:$1 / $0Sq Ft:1,654 / 758DOM:114 / 45New:0Total:2
2 Beds
Avg:$2,363Median:$2,300Range:$1,750 – $3,000PSF:$2 / $2Sq Ft:1,452 / 1,440DOM:30 / 18New:2Total:21
3 Beds
Avg:$2,829Median:$2,595Range:$1,950 – $8,500PSF:$2 / $2Sq Ft:1,858 / 1,819DOM:31 / 21New:19Total:123
4 Beds
Avg:$4,096Median:$3,350Range:$2,150 – $10,000PSF:$2 / $1Sq Ft:2,539 / 2,424DOM:39 / 26New:11Total:86
5 Beds
Avg:$4,122Median:$3,461Range:$2,950 – $7,495PSF:$1 / $1Sq Ft:2,731 / 2,504DOM:48 / 33New:1Total:20
6 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:$1 / $1Sq Ft:3,150 / 3,150DOM:29 / 29New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,484 | $1,250 | $1,250 – $1,717 | $1 / $0 | 1,654 / 758 | 114 / 45 | 0 | 2 |
| 2 Beds | $2,363 | $2,300 | $1,750 – $3,000 | $2 / $2 | 1,452 / 1,440 | 30 / 18 | 2 | 21 |
| 3 Beds | $2,829 | $2,595 | $1,950 – $8,500 | $2 / $2 | 1,858 / 1,819 | 31 / 21 | 19 | 123 |
| 4 Beds | $4,096 | $3,350 | $2,150 – $10,000 | $2 / $1 | 2,539 / 2,424 | 39 / 26 | 11 | 86 |
| 5 Beds | $4,122 | $3,461 | $2,950 – $7,495 | $1 / $1 | 2,731 / 2,504 | 48 / 33 | 1 | 20 |
| 6 Beds | $3,800 | $3,800 | $3,800 – $3,800 | $1 / $1 | 3,150 / 3,150 | 29 / 29 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$823,000Median DOM:48New:98Total:464
Jan 2026
Median Price:$850,000Median DOM:36New:161Total:445
Feb 2026
Median Price:$819,888Median DOM:32New:145Total:460
Mar 2026
Median Price:$832,552Median DOM:31New:182Total:493
Apr 2026
Median Price:$828,800Median DOM:33New:196Total:543
May 2026
Median Price:$828,000Median DOM:33New:65Total:542
6-Month Rental Trend
Dec 2025
Median Rent:$2,800Median DOM:32New:77Total:235
Jan 2026
Median Rent:$2,888Median DOM:28New:77Total:215
Feb 2026
Median Rent:$2,850Median DOM:32New:63Total:207
Mar 2026
Median Rent:$2,850Median DOM:23New:96Total:239
Apr 2026
Median Rent:$2,850Median DOM:25New:97Total:268
May 2026
Median Rent:$2,850Median DOM:26New:33Total:253
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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