ZIP 89005 Housing Market Report
Las Vegas Metro
Report period: March 2026
89005 Monthly Market Update – March 2026
ZIP 89005 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$449,500
−2.3%
Median DOM (Sales)
55
−9.8%
New Listings (Sales)
15
−44.4%
Median Rent
$1,550
−6.1%
Median DOM (Rental)
50
−2.0%
Total Rental Listings
55
−1.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (37 DOM)
- Fastest renting: Multi-Family (20 DOM)
- Strongest bedroom: 6 Beds ($1,249,900 median)
Sales Market Overview
Median Price
$449,500
−2.3%
Median DOM
55
−9.8%
New Listings
15
−44.4%
Inventory
164
−0.6%
- Average Price: $607,405
- Median Price: $449,500
- Price Range: $159,500 – $4,800,000
- Price per Sq Ft (Avg/Median): $305 / $289
- Square Footage (Avg/Median): 2,065 / 1,698
- Square Footage Range: 730 – 7,783
- Days on Market (Avg/Median): 84 / 55
- Days on Market Range: 1 – 327
- New Listings: 15
- Total Listings: 164
Sales by Property Type
Condo
Avg/Median Price$271,392 / $257,000Range$185,000 – $450,000Price per Sq Ft$226 / $220Sq Ft1,199 / 1,148DOM66 / 52New3Total19
Land
Avg/Median Price$336,378 / $235,000Range$159,500 – $1,950,000Price per Sq Ft—Sq Ft—DOM90 / 49New0Total23
Manufactured
Avg/Median Price$385,044 / $369,000Range$299,000 – $468,900Price per Sq Ft$252 / $244Sq Ft1,570 / 1,400DOM136 / 105New2Total16
Multi-Family
Avg/Median Price$553,800 / $495,000Range$415,000 – $825,000Price per Sq Ft$271 / $263Sq Ft2,284 / 1,880DOM35 / 37New0Total5
Single Family
Avg/Median Price$827,421 / $589,000Range$249,900 – $4,800,000Price per Sq Ft$339 / $332Sq Ft2,409 / 1,929DOM82 / 60New8Total88
Townhouse
Avg/Median Price$382,961 / $359,000Range$269,000 – $599,900Price per Sq Ft$262 / $272Sq Ft1,527 / 1,289DOM72 / 37New2Total13
Sales by Bedroom Count
1 Beds
Avg:$249,900Median:$249,900Range:$249,900 – $249,900PSF:$266 / $266Sq Ft:940 / 940DOM:21 / 21New:0Total:1
2 Beds
Avg:$342,314Median:$347,000Range:$185,000 – $895,000PSF:$288 / $261Sq Ft:1,223 / 1,196DOM:106 / 84New:4Total:51
3 Beds
Avg:$599,984Median:$499,880Range:$335,000 – $1,495,000PSF:$318 / $315Sq Ft:1,882 / 1,723DOM:56 / 39New:7Total:44
4 Beds
Avg:$987,053Median:$699,000Range:$415,000 – $4,800,000PSF:$325 / $288Sq Ft:2,840 / 2,220DOM:89 / 60New:4Total:32
5 Beds
Avg:$1,282,719Median:$924,500Range:$495,000 – $3,100,000PSF:$291 / $275Sq Ft:4,095 / 3,362DOM:88 / 55New:0Total:11
6 Beds
Avg:$1,249,900Median:$1,249,900Range:$1,249,900 – $1,249,900PSF:$235 / $235Sq Ft:5,329 / 5,329DOM:—New:0Total:1
8 Beds
Avg:$825,000Median:$825,000Range:$825,000 – $825,000PSF:$217 / $217Sq Ft:3,804 / 3,804DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $249,900 | $249,900 | $249,900 – $249,900 | $266 / $266 | 940 / 940 | 21 / 21 | 0 | 1 |
| 2 Beds | $342,314 | $347,000 | $185,000 – $895,000 | $288 / $261 | 1,223 / 1,196 | 106 / 84 | 4 | 51 |
| 3 Beds | $599,984 | $499,880 | $335,000 – $1,495,000 | $318 / $315 | 1,882 / 1,723 | 56 / 39 | 7 | 44 |
| 4 Beds | $987,053 | $699,000 | $415,000 – $4,800,000 | $325 / $288 | 2,840 / 2,220 | 89 / 60 | 4 | 32 |
| 5 Beds | $1,282,719 | $924,500 | $495,000 – $3,100,000 | $291 / $275 | 4,095 / 3,362 | 88 / 55 | 0 | 11 |
| 6 Beds | $1,249,900 | $1,249,900 | $1,249,900 – $1,249,900 | $235 / $235 | 5,329 / 5,329 | — | 0 | 1 |
| 8 Beds | $825,000 | $825,000 | $825,000 – $825,000 | $217 / $217 | 3,804 / 3,804 | 16 / 16 | 0 | 1 |
Rental Market Overview
Median Rent
$1,550
−6.1%
Median DOM
50
−2.0%
New Listings
7
Inventory
55
−1.8%
- Average Rent: $1,755
- Median Rent: $1,550
- Rent Range: $950 – $3,950
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,897 / 1,156
- Square Footage Range: 589 – 17,072
- Days on Market (Avg/Median): 68 / 50
- Days on Market Range: 1 – 293
- New Listings: 7
- Total Listings: 55
Rentals by Property Type
Apartment
$1,250
Median DOM: 93
Inventory: 9
MoM: −6.1%
Condo
$1,500
Median DOM: 45
Inventory: 18
MoM: −6.1%
Single Family
$2,100
Median DOM: 51
Inventory: 19
MoM: −6.1%
Townhouse
$1,550
Median DOM: 32
Inventory: 5
MoM: −6.1%
Apartment
Avg/Median Rent$1,592 / $1,250Range$995 – $3,950Rent per Sq Ft$1 / $2Sq Ft2,706 / 1,236DOM116 / 93New3Total9
Condo
Avg/Median Rent$1,470 / $1,500Range$1,050 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,037 / 897DOM71 / 45New2Total18
Multi-Family
Avg/Median Rent$1,231 / $1,200Range$950 – $1,575Rent per Sq Ft$1 / $0Sq Ft6,336 / 1,444DOM35 / 20New1Total4
Single Family
Avg/Median Rent$2,216 / $2,100Range$1,350 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,587 / 1,231DOM53 / 51New1Total19
Townhouse
Avg/Median Rent$1,740 / $1,550Range$1,250 – $2,250Rent per Sq Ft$2 / $1Sq Ft1,157 / 1,196DOM62 / 32New0Total5
Rentals by Bedroom Count
1 Beds
Avg:$1,050Median:$1,100Range:$950 – $1,100PSF:$1 / $0Sq Ft:7,887 / 5,930DOM:54 / 69New:1Total:3
2 Beds
Avg:$1,604Median:$1,500Range:$995 – $3,950PSF:$1 / $2Sq Ft:1,409 / 1,044DOM:73 / 49New:6Total:41
3 Beds
Avg:$2,428Median:$2,200Range:$2,000 – $3,500PSF:$2 / $2Sq Ft:1,669 / 1,398DOM:57 / 48New:0Total:9
4 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$1 / $1Sq Ft:2,512 / 2,512DOM:76 / 76New:0Total:1
6 Beds
Avg:$2,800Median:$2,800Range:$2,800 – $2,800PSF:$1 / $1Sq Ft:5,329 / 5,329DOM:51 / 51New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,050 | $1,100 | $950 – $1,100 | $1 / $0 | 7,887 / 5,930 | 54 / 69 | 1 | 3 |
| 2 Beds | $1,604 | $1,500 | $995 – $3,950 | $1 / $2 | 1,409 / 1,044 | 73 / 49 | 6 | 41 |
| 3 Beds | $2,428 | $2,200 | $2,000 – $3,500 | $2 / $2 | 1,669 / 1,398 | 57 / 48 | 0 | 9 |
| 4 Beds | $2,950 | $2,950 | $2,950 – $2,950 | $1 / $1 | 2,512 / 2,512 | 76 / 76 | 0 | 1 |
| 6 Beds | $2,800 | $2,800 | $2,800 – $2,800 | $1 / $1 | 5,329 / 5,329 | 51 / 51 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$468,900Median DOM:74New:26Total:171
Nov 2025
Median Price:$460,000Median DOM:78New:32Total:172
Dec 2025
Median Price:$459,900Median DOM:73New:27Total:172
Jan 2026
Median Price:$450,000Median DOM:65New:41Total:165
Feb 2026
Median Price:$459,900Median DOM:61New:27Total:165
Mar 2026
Median Price:$449,500Median DOM:55New:15Total:164
6-Month Rental Trend
Oct 2025
Median Rent:$1,750Median DOM:38New:17Total:55
Nov 2025
Median Rent:$1,650Median DOM:46New:18Total:58
Dec 2025
Median Rent:$1,550Median DOM:46New:10Total:58
Jan 2026
Median Rent:$1,650Median DOM:48New:17Total:58
Feb 2026
Median Rent:$1,650Median DOM:51New:7Total:56
Mar 2026
Median Rent:$1,550Median DOM:50New:7Total:55
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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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