ZIP 89166 Housing Market Report

Las Vegas Metro

Report period: May 2026

89166 Monthly Market Update – May 2026

ZIP 89166 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$535,000
−1.3%
Median DOM (Sales)
30
−9.1%
New Listings (Sales)
66
−51.8%
Median Rent
$2,299
+2.9%
Median DOM (Rental)
21
−8.7%
Total Rental Listings
201
−6.1%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (13 DOM)
  • Fastest renting: Single Family (14 DOM)
  • Strongest bedroom: 6 Beds ($1,099,000 median)

Sales Market Overview

Median Price
$535,000
−1.3%
Median DOM
30
−9.1%
New Listings
66
−51.8%
Inventory
469
+3.1%
  • Average Price: $587,527
  • Median Price: $535,000
  • Price Range: $175,000 – $4,500,000
  • Price per Sq Ft (Avg/Median): $264 / $259
  • Square Footage (Avg/Median): 2,205 / 2,118
  • Square Footage Range: 769 – 4,419
  • Days on Market (Avg/Median): 47 / 30
  • Days on Market Range: 2 – 311
  • New Listings: 66
  • Total Listings: 469

Sales by Property Type

Condo
Avg/Median Price$211,075 / $192,000Range$175,000 – $254,900Price per Sq Ft$226 / $228Sq Ft942 / 813DOM52 / 28New1Total8
Land
Avg/Median Price$858,333 / $525,000Range$350,000 – $2,800,000Price per Sq FtSq FtDOM100 / 46New0Total9
Multi-Family
Avg/Median Price$390,048 / $391,225Range$373,740 – $412,060Price per Sq Ft$240 / $242Sq Ft1,628 / 1,643DOM20 / 13New2Total13
Single Family
Avg/Median Price$605,484 / $550,000Range$175,000 – $4,500,000Price per Sq Ft$265 / $259Sq Ft2,289 / 2,156DOM47 / 31New54Total416
Townhouse
Avg/Median Price$399,335 / $399,900Range$315,000 – $460,900Price per Sq Ft$278 / $277Sq Ft1,442 / 1,432DOM34 / 21New9Total23

Sales by Bedroom Count

1 Beds
Avg:$184,200Median:$184,900Range:$175,000 – $192,000PSF:$236 / $236Sq Ft:780 / 769DOM:48 / 25New:1Total:4
2 Beds
Avg:$453,614Median:$514,990Range:$229,900 – $595,000PSF:$287 / $296Sq Ft:1,542 / 1,635DOM:35 / 16New:3Total:16
3 Beds
Avg:$538,974Median:$500,000Range:$175,000 – $1,849,999PSF:$274 / $275Sq Ft:1,962 / 1,891DOM:45 / 26New:39Total:241
4 Beds
Avg:$610,861Median:$562,000Range:$389,000 – $1,290,000PSF:$251 / $249Sq Ft:2,447 / 2,452DOM:46 / 32New:19Total:156
5 Beds
Avg:$708,402Median:$674,750Range:$510,000 – $1,250,000PSF:$233 / $226Sq Ft:3,023 / 3,088DOM:54 / 31New:3Total:41
6 Beds
Avg:$2,799,500Median:$1,099,000Range:$1,099,000 – $4,500,000PSF:$667 / $316Sq Ft:3,950 / 3,481DOM:28 / 2New:1Total:2

Rental Market Overview

Median Rent
$2,299
+2.9%
Median DOM
21
−8.7%
New Listings
38
Inventory
201
−6.1%
  • Average Rent: $2,370
  • Median Rent: $2,299
  • Rent Range: $1,085 – $7,205
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,892 / 1,868
  • Square Footage Range: 586 – 3,759
  • Days on Market (Avg/Median): 37 / 21
  • Days on Market Range: 1 – 361
  • New Listings: 38
  • Total Listings: 201

Rentals by Property Type

Apartment
$1,435
Median DOM: 167
Inventory: 5
MoM: +2.9%
Condo
$1,375
Median DOM: 30
Inventory: 16
MoM: +2.9%
Single Family
$2,399
Median DOM: 14
Inventory: 158
MoM: +2.9%
Townhouse
$2,000
Median DOM: 41
Inventory: 22
MoM: +2.9%
Apartment
Avg/Median Rent$1,424 / $1,435Range$1,276 – $1,545Rent per Sq Ft$2 / $2Sq Ft717 / 751DOM167 / 167New0Total5
Condo
Avg/Median Rent$1,485 / $1,375Range$1,085 – $2,095Rent per Sq Ft$1 / $1Sq Ft1,046 / 1,094DOM36 / 30New0Total16
Single Family
Avg/Median Rent$2,524 / $2,399Range$1,875 – $7,205Rent per Sq Ft$1 / $1Sq Ft2,080 / 1,942DOM30 / 14New36Total158
Townhouse
Avg/Median Rent$2,123 / $2,000Range$1,850 – $2,735Rent per Sq Ft$2 / $1Sq Ft1,425 / 1,344DOM86 / 41New2Total22

Rentals by Bedroom Count

Studio
Avg:$1,450Median:$1,450Range:$1,450 – $1,450PSF:$2 / $2Sq Ft:586 / 586DOM:New:0Total:1
1 Beds
Avg:$1,308Median:$1,250Range:$1,085 – $1,545PSF:$2 / $2Sq Ft:765 / 769DOM:68 / 48New:0Total:8
2 Beds
Avg:$1,598Median:$1,395Range:$1,350 – $2,504PSF:$1 / $1Sq Ft:1,170 / 1,094DOM:42 / 24New:0Total:11
3 Beds
Avg:$2,264Median:$2,200Range:$1,850 – $3,900PSF:$1 / $1Sq Ft:1,758 / 1,797DOM:37 / 19New:27Total:119
4 Beds
Avg:$2,752Median:$2,600Range:$1,875 – $7,205PSF:$1 / $1Sq Ft:2,279 / 2,276DOM:28 / 13New:10Total:47
5 Beds
Avg:$3,205Median:$3,200Range:$2,748 – $3,950PSF:$1 / $1Sq Ft:2,961 / 3,088DOM:50 / 22New:1Total:15

6-Month Sales Trend

Dec 2025
Median Price:$540,000Median DOM:51New:73Total:379
Jan 2026
Median Price:$548,570Median DOM:39New:133Total:370
Feb 2026
Median Price:$549,900Median DOM:37New:117Total:405
Mar 2026
Median Price:$540,000Median DOM:32New:148Total:434
Apr 2026
Median Price:$541,960Median DOM:33New:137Total:455
May 2026
Median Price:$535,000Median DOM:30New:66Total:469

6-Month Rental Trend

Dec 2025
Median Rent:$2,239Median DOM:28New:70Total:190
Jan 2026
Median Rent:$2,200Median DOM:26New:68Total:190
Feb 2026
Median Rent:$2,200Median DOM:26New:59Total:189
Mar 2026
Median Rent:$2,298Median DOM:23New:78Total:199
Apr 2026
Median Rent:$2,235Median DOM:23New:73Total:214
May 2026
Median Rent:$2,299Median DOM:21New:38Total:201

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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