ZIP 89138 Housing Market Report

Las Vegas Metro

Report period: July 2026

89138 Monthly Market Update – July 2026

ZIP 89138 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$838,000
+0.9%
Median DOM (Sales)
38
0.0%
New Listings (Sales)
45
−72.4%
Median Rent
$2,950
0.0%
Median DOM (Rental)
23
0.0%
Total Rental Listings
295
+6.9%

Month-over-Month Movement

Median sale prices moved higher. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (8 DOM)
  • Fastest renting: Multi-Family (11 DOM)
  • Strongest bedroom: 6 Beds ($1,639,000 median)

Sales Market Overview

Median Price
$838,000
+0.9%
Median DOM
38
0.0%
New Listings
45
−72.4%
Inventory
561
−1.1%
  • Average Price: $1,031,818
  • Median Price: $838,000
  • Price Range: $345,000 – $5,800,000
  • Price per Sq Ft (Avg/Median): $386 / $353
  • Square Footage (Avg/Median): 2,552 / 2,405
  • Square Footage Range: 1,232 – 5,576
  • Days on Market (Avg/Median): 50 / 38
  • Days on Market Range: 1 – 290
  • New Listings: 45
  • Total Listings: 561

Sales by Property Type

Condo
Avg/Median Price$381,000 / $375,000Range$345,000 – $450,000Price per Sq Ft$250 / $248Sq Ft1,535 / 1,532DOM68 / 97New1Total5
Land
Avg/Median Price$5,800,000 / $5,800,000Range$5,800,000 – $5,800,000Price per Sq FtSq FtDOM175 / 175New0Total1
Multi-Family
Avg/Median Price$1,149,990 / $1,149,990Range$1,149,990 – $1,149,990Price per Sq Ft$536 / $536Sq Ft2,147 / 2,147DOM8 / 8New1Total1
Single Family
Avg/Median Price$1,121,007 / $940,000Range$449,000 – $3,350,000Price per Sq Ft$403 / $376Sq Ft2,704 / 2,534DOM50 / 38New35Total463
Townhouse
Avg/Median Price$560,100 / $530,900Range$369,000 – $1,175,000Price per Sq Ft$305 / $300Sq Ft1,837 / 1,809DOM49 / 35New8Total91

Sales by Bedroom Count

2 Beds
Avg:$544,557Median:$509,000Range:$345,000 – $1,149,990PSF:$359 / $345Sq Ft:1,520 / 1,440DOM:60 / 43New:3Total:35
3 Beds
Avg:$836,413Median:$678,589Range:$439,990 – $2,787,750PSF:$379 / $344Sq Ft:2,121 / 1,992DOM:51 / 40New:23Total:223
4 Beds
Avg:$1,157,394Median:$959,900Range:$489,990 – $2,900,000PSF:$400 / $362Sq Ft:2,795 / 2,649DOM:47 / 34New:9Total:212
5 Beds
Avg:$1,346,648Median:$1,217,950Range:$619,000 – $3,350,000PSF:$380 / $358Sq Ft:3,435 / 3,335DOM:51 / 38New:10Total:87
6 Beds
Avg:$1,648,226Median:$1,639,000Range:$1,525,678 – $1,780,000PSF:$422 / $417Sq Ft:3,912 / 3,934DOM:79 / 86New:0Total:3

Rental Market Overview

Median Rent
$2,950
0.0%
Median DOM
23
0.0%
New Listings
51
Inventory
295
+6.9%
  • Average Rent: $3,362
  • Median Rent: $2,950
  • Rent Range: $1,606 – $10,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 2,143 / 2,068
  • Square Footage Range: 684 – 4,643
  • Days on Market (Avg/Median): 34 / 23
  • Days on Market Range: 1 – 261
  • New Listings: 51
  • Total Listings: 295

Rentals by Property Type

Apartment
$1,606
Median DOM: 242
Inventory: 1
MoM: 0.0%
Condo
$2,500
Median DOM: 20
Inventory: 12
MoM: 0.0%
Single Family
$3,135
Median DOM: 18
Inventory: 230
MoM: 0.0%
Townhouse
$2,500
Median DOM: 33
Inventory: 51
MoM: 0.0%
Apartment
Avg/Median Rent$1,606 / $1,606Range$1,606 – $1,606Rent per Sq Ft$2 / $2Sq Ft684 / 684DOM242 / 242New0Total1
Condo
Avg/Median Rent$2,892 / $2,500Range$1,895 – $4,900Rent per Sq Ft$2 / $2Sq Ft1,749 / 1,466DOM40 / 20New3Total12
Multi-Family
Avg/Median Rent$2,450 / $2,450Range$2,450 – $2,450Rent per Sq Ft$1 / $1Sq Ft1,809 / 1,809DOM11 / 11New0Total1
Single Family
Avg/Median Rent$3,568 / $3,135Range$1,950 – $10,000Rent per Sq Ft$2 / $2Sq Ft2,262 / 2,215DOM31 / 18New41Total230
Townhouse
Avg/Median Rent$2,598 / $2,500Range$2,200 – $3,495Rent per Sq Ft$2 / $2Sq Ft1,731 / 1,710DOM40 / 33New7Total51

Rentals by Bedroom Count

1 Beds
Avg:$1,606Median:$1,606Range:$1,606 – $1,606PSF:$2 / $2Sq Ft:684 / 684DOM:242 / 242New:0Total:1
2 Beds
Avg:$2,517Median:$2,450Range:$1,895 – $3,500PSF:$2 / $2Sq Ft:1,416 / 1,432DOM:40 / 28New:3Total:19
3 Beds
Avg:$2,927Median:$2,695Range:$2,000 – $9,000PSF:$2 / $2Sq Ft:1,869 / 1,798DOM:27 / 23New:28Total:147
4 Beds
Avg:$4,001Median:$3,300Range:$2,200 – $10,000PSF:$2 / $1Sq Ft:2,523 / 2,431DOM:39 / 24New:15Total:104
5 Beds
Avg:$4,007Median:$3,495Range:$2,695 – $8,500PSF:$1 / $1Sq Ft:2,792 / 2,616DOM:39 / 17New:5Total:23
6 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:$1 / $1Sq Ft:3,150 / 3,150DOM:32 / 32New:0Total:1

6-Month Sales Trend

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:$835,000Median DOM:35New:184Total:560
Jun 2026
Median Price:$830,473Median DOM:38New:163Total:567
Jul 2026
Median Price:$838,000Median DOM:38New:45Total:561

6-Month Rental Trend

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:$2,885Median DOM:27New:82Total:262
Jun 2026
Median Rent:$2,950Median DOM:23New:114Total:276
Jul 2026
Median Rent:$2,950Median DOM:23New:51Total:295

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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