ZIP 89138 Housing Market Report
Las Vegas Metro
Report period: August 2026
89138 Monthly Market Update – August 2026
ZIP 89138 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$799,997
−1.2%
Median DOM (Sales)
33
−5.7%
New Listings (Sales)
61
−68.6%
Median Rent
$2,950
0.0%
Median DOM (Rental)
21
−8.7%
Total Rental Listings
306
+7.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (28 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,455,888 median)
Sales Market Overview
Median Price
$799,997
−1.2%
Median DOM
33
−5.7%
New Listings
61
−68.6%
Inventory
578
+2.8%
- Average Price: $994,375
- Median Price: $799,997
- Price Range: $345,000 – $5,800,000
- Price per Sq Ft (Avg/Median): $381 / $350
- Square Footage (Avg/Median): 2,499 / 2,386
- Square Footage Range: 1,232 – 5,576
- Days on Market (Avg/Median): 50 / 33
- Days on Market Range: 2 – 315
- New Listings: 61
- Total Listings: 578
Sales by Property Type
Condo
Avg/Median Price$394,150 / $375,000Range$345,000 – $459,900Price per Sq Ft$260 / $248Sq Ft1,524 / 1,532DOM74 / 40New0Total6
Land
Avg/Median Price$5,800,000 / $5,800,000Range$5,800,000 – $5,800,000Price per Sq Ft—Sq Ft—DOM183 / 183New0Total1
Single Family
Avg/Median Price$1,085,997 / $899,000Range$444,000 – $3,350,000Price per Sq Ft$399 / $376Sq Ft2,655 / 2,509DOM50 / 33New44Total469
Townhouse
Avg/Median Price$561,287 / $536,900Range$429,990 – $1,175,000Price per Sq Ft$305 / $303Sq Ft1,838 / 1,796DOM45 / 28New17Total102
Sales by Bedroom Count
Studio
Avg:$589,900Median:$589,900Range:$589,900 – $589,900PSF:$275 / $275Sq Ft:2,144 / 2,144DOM:45 / 45New:0Total:1
2 Beds
Avg:$570,955Median:$509,000Range:$345,000 – $1,100,000PSF:$372 / $384Sq Ft:1,529 / 1,532DOM:61 / 41New:8Total:38
3 Beds
Avg:$796,977Median:$640,000Range:$429,990 – $2,787,750PSF:$373 / $336Sq Ft:2,060 / 1,898DOM:48 / 29New:28Total:240
4 Beds
Avg:$1,112,014Median:$928,750Range:$489,990 – $2,900,000PSF:$391 / $356Sq Ft:2,758 / 2,591DOM:52 / 36New:20Total:208
5 Beds
Avg:$1,375,378Median:$1,274,999Range:$631,752 – $3,350,000PSF:$383 / $364Sq Ft:3,475 / 3,410DOM:44 / 30New:5Total:88
6 Beds
Avg:$1,527,894Median:$1,455,888Range:$1,455,888 – $1,599,900PSF:$388 / $370Sq Ft:3,934 / 3,934DOM:107 / 91New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $589,900 | $589,900 | $589,900 – $589,900 | $275 / $275 | 2,144 / 2,144 | 45 / 45 | 0 | 1 |
| 2 Beds | $570,955 | $509,000 | $345,000 – $1,100,000 | $372 / $384 | 1,529 / 1,532 | 61 / 41 | 8 | 38 |
| 3 Beds | $796,977 | $640,000 | $429,990 – $2,787,750 | $373 / $336 | 2,060 / 1,898 | 48 / 29 | 28 | 240 |
| 4 Beds | $1,112,014 | $928,750 | $489,990 – $2,900,000 | $391 / $356 | 2,758 / 2,591 | 52 / 36 | 20 | 208 |
| 5 Beds | $1,375,378 | $1,274,999 | $631,752 – $3,350,000 | $383 / $364 | 3,475 / 3,410 | 44 / 30 | 5 | 88 |
| 6 Beds | $1,527,894 | $1,455,888 | $1,455,888 – $1,599,900 | $388 / $370 | 3,934 / 3,934 | 107 / 91 | 0 | 2 |
Rental Market Overview
Median Rent
$2,950
0.0%
Median DOM
21
−8.7%
New Listings
59
Inventory
306
+7.4%
- Average Rent: $3,299
- Median Rent: $2,950
- Rent Range: $1,598 – $9,999
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 2,148 / 2,031
- Square Footage Range: 684 – 4,643
- Days on Market (Avg/Median): 33 / 21
- Days on Market Range: 1 – 277
- New Listings: 59
- Total Listings: 306
Rentals by Property Type
Apartment
$1,598
Median DOM: 273
Inventory: 1
MoM: 0.0%
Condo
$2,300
Median DOM: 1
Inventory: 16
MoM: 0.0%
Single Family
$3,000
Median DOM: 21
Inventory: 244
MoM: 0.0%
Townhouse
$2,500
Median DOM: 30
Inventory: 45
MoM: 0.0%
Apartment
Avg/Median Rent$1,598 / $1,598Range$1,598 – $1,598Rent per Sq Ft$2 / $2Sq Ft684 / 684DOM273 / 273New0Total1
Condo
Avg/Median Rent$2,367 / $2,300Range$1,850 – $3,094Rent per Sq Ft$1 / $1Sq Ft1,621 / 1,621DOM15 / 1New9Total16
Single Family
Avg/Median Rent$3,488 / $3,000Range$1,945 – $9,999Rent per Sq Ft$2 / $1Sq Ft2,262 / 2,173DOM32 / 21New44Total244
Townhouse
Avg/Median Rent$2,647 / $2,500Range$2,100 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,752 / 1,710DOM39 / 30New6Total45
Rentals by Bedroom Count
1 Beds
Avg:$1,598Median:$1,598Range:$1,598 – $1,598PSF:$2 / $2Sq Ft:684 / 684DOM:273 / 273New:0Total:1
2 Beds
Avg:$2,532Median:$2,500Range:$1,900 – $3,399PSF:$2 / $2Sq Ft:1,444 / 1,440DOM:25 / 21New:6Total:19
3 Beds
Avg:$2,860Median:$2,650Range:$1,850 – $8,295PSF:$2 / $1Sq Ft:1,880 / 1,809DOM:27 / 21New:30Total:158
4 Beds
Avg:$3,859Median:$3,250Range:$2,150 – $9,999PSF:$2 / $1Sq Ft:2,518 / 2,412DOM:40 / 23New:19Total:103
5 Beds
Avg:$4,423Median:$3,650Range:$2,580 – $9,000PSF:$1 / $1Sq Ft:2,914 / 2,683DOM:36 / 16New:4Total:25
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,598 | $1,598 | $1,598 – $1,598 | $2 / $2 | 684 / 684 | 273 / 273 | 0 | 1 |
| 2 Beds | $2,532 | $2,500 | $1,900 – $3,399 | $2 / $2 | 1,444 / 1,440 | 25 / 21 | 6 | 19 |
| 3 Beds | $2,860 | $2,650 | $1,850 – $8,295 | $2 / $1 | 1,880 / 1,809 | 27 / 21 | 30 | 158 |
| 4 Beds | $3,859 | $3,250 | $2,150 – $9,999 | $2 / $1 | 2,518 / 2,412 | 40 / 23 | 19 | 103 |
| 5 Beds | $4,423 | $3,650 | $2,580 – $9,000 | $1 / $1 | 2,914 / 2,683 | 36 / 16 | 4 | 25 |
6-Month Sales Trend
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:$810,000Median DOM:35New:194Total:562
Aug 2026
Median Price:$799,997Median DOM:33New:61Total:578
6-Month Rental Trend
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:112Total:285
Aug 2026
Median Rent:$2,950Median DOM:21New:59Total:306
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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