ZIP 89148 Housing Market Report

Las Vegas Metro

Report period: August 2026

89148 Monthly Market Update – August 2026

ZIP 89148 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$499,000
−0.2%
Median DOM (Sales)
44
+4.8%
New Listings (Sales)
32
−70.9%
Median Rent
$2,205
+0.2%
Median DOM (Rental)
17
0.0%
Total Rental Listings
431
+6.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (27 DOM)
  • Fastest renting: Single Family (15 DOM)
  • Strongest bedroom: 7 Beds ($969,990 median)

Sales Market Overview

Median Price
$499,000
−0.2%
Median DOM
44
+4.8%
New Listings
32
−70.9%
Inventory
452
0.0%
  • Average Price: $606,864
  • Median Price: $499,000
  • Price Range: $219,999 – $6,500,000
  • Price per Sq Ft (Avg/Median): $278 / $256
  • Square Footage (Avg/Median): 2,144 / 2,018
  • Square Footage Range: 843 – 9,705
  • Days on Market (Avg/Median): 60 / 44
  • Days on Market Range: 1 – 355
  • New Listings: 32
  • Total Listings: 452

Sales by Property Type

Condo
Avg/Median Price$282,824 / $260,000Range$219,999 – $809,000Price per Sq Ft$261 / $252Sq Ft1,099 / 936DOM59 / 44New0Total26
Single Family
Avg/Median Price$650,703 / $530,000Range$330,000 – $6,500,000Price per Sq Ft$280 / $256Sq Ft2,276 / 2,144DOM60 / 44New26Total375
Townhouse
Avg/Median Price$449,719 / $421,000Range$345,000 – $967,500Price per Sq Ft$268 / $263Sq Ft1,703 / 1,672DOM58 / 27New6Total51

Sales by Bedroom Count

1 Beds
Avg:$241,250Median:$235,000Range:$225,000 – $255,000PSF:$278 / $279Sq Ft:867 / 843DOM:31 / 21New:0Total:4
2 Beds
Avg:$494,024Median:$359,900Range:$219,999 – $1,699,000PSF:$324 / $293Sq Ft:1,422 / 1,305DOM:62 / 44New:5Total:47
3 Beds
Avg:$520,835Median:$455,000Range:$275,000 – $2,000,000PSF:$284 / $266Sq Ft:1,832 / 1,746DOM:60 / 41New:14Total:220
4 Beds
Avg:$667,038Median:$570,000Range:$409,000 – $3,999,999PSF:$256 / $246Sq Ft:2,518 / 2,415DOM:58 / 45New:10Total:143
5 Beds
Avg:$1,089,574Median:$689,000Range:$415,000 – $6,500,000PSF:$274 / $219Sq Ft:3,549 / 3,015DOM:61 / 45New:3Total:34
6 Beds
Avg:$710,929Median:$774,900Range:$560,000 – $797,888PSF:$204 / $201Sq Ft:3,501 / 3,574DOM:98 / 72New:0Total:3
7 Beds
Avg:$969,990Median:$969,990Range:$969,990 – $969,990PSF:$215 / $215Sq Ft:4,503 / 4,503DOM:45 / 45New:0Total:1

Rental Market Overview

Median Rent
$2,205
+0.2%
Median DOM
17
0.0%
New Listings
83
Inventory
431
+6.7%
  • Average Rent: $2,322
  • Median Rent: $2,205
  • Rent Range: $1,175 – $8,250
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,893 / 1,835
  • Square Footage Range: 530 – 4,117
  • Days on Market (Avg/Median): 28 / 17
  • Days on Market Range: 1 – 337
  • New Listings: 83
  • Total Listings: 431

Rentals by Property Type

Apartment
$1,538
Median DOM: 91
Inventory: 23
MoM: +0.2%
Condo
$1,450
Median DOM: 34
Inventory: 28
MoM: +0.2%
Single Family
$2,275
Median DOM: 15
Inventory: 359
MoM: +0.2%
Townhouse
$2,300
Median DOM: 31
Inventory: 21
MoM: +0.2%
Apartment
Avg/Median Rent$1,530 / $1,538Range$1,275 – $1,850Rent per Sq Ft$2 / $2Sq Ft764 / 753DOM94 / 91New1Total23
Condo
Avg/Median Rent$1,555 / $1,450Range$1,175 – $2,750Rent per Sq Ft$2 / $1Sq Ft1,061 / 972DOM45 / 34New5Total28
Single Family
Avg/Median Rent$2,436 / $2,275Range$1,195 – $8,250Rent per Sq Ft$1 / $1Sq Ft2,046 / 1,959DOM25 / 15New76Total359
Townhouse
Avg/Median Rent$2,271 / $2,300Range$1,850 – $2,950Rent per Sq Ft$1 / $1Sq Ft1,614 / 1,543DOM34 / 31New1Total21

Rentals by Bedroom Count

Studio
Avg:$1,622Median:$1,545Range:$1,541 – $1,850PSF:$3 / $3Sq Ft:570 / 550DOM:174 / 110New:0Total:4
1 Beds
Avg:$1,462Median:$1,486Range:$1,175 – $1,695PSF:$2 / $2Sq Ft:765 / 761DOM:52 / 26New:0Total:21
2 Beds
Avg:$1,582Median:$1,545Range:$1,195 – $2,396PSF:$1 / $1Sq Ft:1,088 / 1,077DOM:36 / 26New:8Total:33
3 Beds
Avg:$2,223Median:$2,100Range:$1,600 – $8,250PSF:$1 / $1Sq Ft:1,770 / 1,738DOM:27 / 16New:40Total:207
4 Beds
Avg:$2,579Median:$2,395Range:$1,900 – $7,500PSF:$1 / $1Sq Ft:2,248 / 2,268DOM:24 / 16New:24Total:132
5 Beds
Avg:$3,138Median:$2,900Range:$2,300 – $5,200PSF:$1 / $1Sq Ft:2,853 / 2,951DOM:27 / 24New:10Total:32
6 Beds
Avg:$5,300Median:$4,900Range:$4,900 – $5,700PSF:$2 / $1Sq Ft:3,522 / 3,470DOM:12 / 3New:1Total:2

6-Month Sales Trend

Mar 2026
Median Price:$519,000Median DOM:37New:115Total:397
Apr 2026
Median Price:$525,000Median DOM:36New:110Total:412
May 2026
Median Price:$525,000Median DOM:34New:145Total:438
Jun 2026
Median Price:$512,000Median DOM:39New:119Total:447
Jul 2026
Median Price:$500,000Median DOM:42New:110Total:452
Aug 2026
Median Price:$499,000Median DOM:44New:32Total:452

6-Month Rental Trend

Mar 2026
Median Rent:$2,199Median DOM:24New:145Total:393
Apr 2026
Median Rent:$2,195Median DOM:21New:129Total:387
May 2026
Median Rent:$2,200Median DOM:20New:119Total:350
Jun 2026
Median Rent:$2,200Median DOM:16New:172Total:385
Jul 2026
Median Rent:$2,201Median DOM:17New:170Total:404
Aug 2026
Median Rent:$2,205Median DOM:17New:83Total:431

Key Market Takeaways

Median sale prices softened this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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