ZIP 89148 Housing Market Report

Las Vegas Metro

Report period: May 2026

89148 Monthly Market Update – May 2026

ZIP 89148 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$525,000
0.0%
Median DOM (Sales)
36
0.0%
New Listings (Sales)
41
−62.7%
Median Rent
$2,185
−0.5%
Median DOM (Rental)
19
−9.5%
Total Rental Listings
373
−3.6%

Month-over-Month Movement

Median sale prices were flat. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (36 DOM)
  • Fastest renting: Single Family (18 DOM)
  • Strongest bedroom: 8 Beds ($2,899,000 median)

Sales Market Overview

Median Price
$525,000
0.0%
Median DOM
36
0.0%
New Listings
41
−62.7%
Inventory
404
−1.9%
  • Average Price: $642,838
  • Median Price: $525,000
  • Price Range: $219,999 – $5,000,000
  • Price per Sq Ft (Avg/Median): $284 / $260
  • Square Footage (Avg/Median): 2,203 / 2,027
  • Square Footage Range: 843 – 7,964
  • Days on Market (Avg/Median): 56 / 36
  • Days on Market Range: 1 – 350
  • New Listings: 41
  • Total Listings: 404

Sales by Property Type

Condo
Avg/Median Price$271,599 / $280,000Range$219,999 – $310,000Price per Sq Ft$265 / $255Sq Ft1,041 / 972DOM58 / 40New2Total17
Single Family
Avg/Median Price$699,396 / $559,000Range$335,000 – $5,000,000Price per Sq Ft$289 / $260Sq Ft2,356 / 2,206DOM57 / 36New33Total326
Townhouse
Avg/Median Price$444,033 / $425,000Range$350,000 – $967,500Price per Sq Ft$266 / $254Sq Ft1,708 / 1,716DOM52 / 36New6Total61

Sales by Bedroom Count

1 Beds
Avg:$224,900Median:$224,900Range:$224,900 – $224,900PSF:$267 / $267Sq Ft:843 / 843DOM:30 / 30New:0Total:1
2 Beds
Avg:$551,589Median:$384,999Range:$219,999 – $1,699,000PSF:$349 / $304Sq Ft:1,480 / 1,471DOM:67 / 46New:5Total:47
3 Beds
Avg:$538,987Median:$474,000Range:$293,000 – $1,999,990PSF:$284 / $270Sq Ft:1,896 / 1,803DOM:57 / 36New:20Total:205
4 Beds
Avg:$684,021Median:$574,000Range:$405,000 – $3,999,999PSF:$257 / $245Sq Ft:2,574 / 2,417DOM:51 / 34New:11Total:115
5 Beds
Avg:$1,106,477Median:$699,000Range:$468,000 – $4,875,000PSF:$284 / $230Sq Ft:3,497 / 3,064DOM:54 / 31New:5Total:30
6 Beds
Avg:$1,802,197Median:$774,900Range:$575,000 – $5,000,000PSF:$338 / $217Sq Ft:4,342 / 3,574DOM:50 / 51New:0Total:4
7 Beds
Avg:$1,099,990Median:$1,099,990Range:$1,099,990 – $1,099,990PSF:$244 / $244Sq Ft:4,503 / 4,503DOM:25 / 25New:0Total:1
8 Beds
Avg:$2,899,000Median:$2,899,000Range:$2,899,000 – $2,899,000PSF:$364 / $364Sq Ft:7,964 / 7,964DOM:193 / 193New:0Total:1

Rental Market Overview

Median Rent
$2,185
−0.5%
Median DOM
19
−9.5%
New Listings
60
Inventory
373
−3.6%
  • Average Rent: $2,226
  • Median Rent: $2,185
  • Rent Range: $800 – $8,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,817 / 1,761
  • Square Footage Range: 544 – 6,080
  • Days on Market (Avg/Median): 35 / 19
  • Days on Market Range: 1 – 331
  • New Listings: 60
  • Total Listings: 373

Rentals by Property Type

Apartment
$1,526
Median DOM: 203
Inventory: 20
MoM: −0.5%
Condo
$1,550
Median DOM: 25
Inventory: 29
MoM: −0.5%
Single Family
$2,245
Median DOM: 18
Inventory: 301
MoM: −0.5%
Townhouse
$2,200
Median DOM: 22
Inventory: 23
MoM: −0.5%
Apartment
Avg/Median Rent$1,537 / $1,526Range$1,275 – $1,835Rent per Sq Ft$2 / $2Sq Ft740 / 749DOM150 / 203New2Total20
Condo
Avg/Median Rent$1,683 / $1,550Range$1,299 – $3,300Rent per Sq Ft$2 / $1Sq Ft1,062 / 972DOM36 / 25New5Total29
Single Family
Avg/Median Rent$2,329 / $2,245Range$800 – $8,500Rent per Sq Ft$1 / $1Sq Ft1,980 / 1,849DOM33 / 18New50Total301
Townhouse
Avg/Median Rent$2,169 / $2,200Range$1,580 – $2,495Rent per Sq Ft$1 / $1Sq Ft1,577 / 1,577DOM34 / 22New3Total23

Rentals by Bedroom Count

Studio
Avg:$1,704Median:$1,680Range:$800 – $2,500PSF:$2 / $3Sq Ft:784 / 625DOM:82 / 30New:0Total:4
1 Beds
Avg:$1,541Median:$1,507Range:$1,275 – $2,295PSF:$2 / $2Sq Ft:755 / 749DOM:135 / 24New:2Total:20
2 Beds
Avg:$1,768Median:$1,595Range:$1,300 – $3,700PSF:$2 / $1Sq Ft:1,182 / 1,151DOM:26 / 13New:9Total:35
3 Beds
Avg:$2,191Median:$2,100Range:$1,580 – $5,800PSF:$1 / $1Sq Ft:1,737 / 1,716DOM:35 / 18New:30Total:196
4 Beds
Avg:$2,421Median:$2,350Range:$1,850 – $4,800PSF:$1 / $1Sq Ft:2,197 / 2,251DOM:32 / 18New:17Total:94
5 Beds
Avg:$3,074Median:$2,750Range:$2,200 – $8,500PSF:$1 / $1Sq Ft:2,886 / 2,467DOM:32 / 21New:2Total:23
6 Beds
Avg:$3,100Median:$3,100Range:$3,100 – $3,100PSF:$1 / $1Sq Ft:3,699 / 3,699DOM:18 / 18New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$519,990Median DOM:56New:65Total:399
Jan 2026
Median Price:$509,800Median DOM:43New:120Total:389
Feb 2026
Median Price:$514,900Median DOM:44New:87Total:385
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:36New:41Total:404

6-Month Rental Trend

Dec 2025
Median Rent:$2,150Median DOM:33New:141Total:426
Jan 2026
Median Rent:$2,195Median DOM:23New:158Total:413
Feb 2026
Median Rent:$2,200Median DOM:27New:113Total:404
Mar 2026
Median Rent:$2,199Median DOM:24New:145Total:393
Apr 2026
Median Rent:$2,195Median DOM:21New:129Total:387
May 2026
Median Rent:$2,185Median DOM:19New:60Total:373

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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