ZIP 89031 Housing Market Report
Las Vegas Metro
Report period: March 2026
89031 Monthly Market Update – March 2026
ZIP 89031 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$427,500
−0.6%
Median DOM (Sales)
31
−6.1%
New Listings (Sales)
38
−60.8%
Median Rent
$1,999
+0.5%
Median DOM (Rental)
11
+10.0%
Total Rental Listings
322
−1.8%
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: Condo (26 DOM)
- Fastest renting: Single Family (8 DOM)
- Strongest bedroom: 6 Beds ($865,404 median)
Sales Market Overview
Median Price
$427,500
−0.6%
Median DOM
31
−6.1%
New Listings
38
−60.8%
Inventory
378
+0.3%
- Average Price: $447,843
- Median Price: $427,500
- Price Range: $247,500 – $951,481
- Price per Sq Ft (Avg/Median): $241 / $238
- Square Footage (Avg/Median): 1,938 / 1,799
- Square Footage Range: 1,014 – 4,237
- Days on Market (Avg/Median): 57 / 31
- Days on Market Range: 1 – 348
- New Listings: 38
- Total Listings: 378
Sales by Property Type
Condo
Avg/Median Price$267,356 / $259,000Range$247,500 – $325,000Price per Sq Ft$239 / $234Sq Ft1,122 / 1,073DOM86 / 26New1Total7
Single Family
Avg/Median Price$465,575 / $439,999Range$299,990 – $951,481Price per Sq Ft$242 / $237Sq Ft2,014 / 1,867DOM58 / 30New34Total331
Townhouse
Avg/Median Price$332,694 / $339,000Range$260,000 – $382,700Price per Sq Ft$234 / $240Sq Ft1,446 / 1,430DOM45 / 31New3Total40
Sales by Bedroom Count
2 Beds
Avg:$315,966Median:$315,000Range:$247,500 – $424,900PSF:$260 / $249Sq Ft:1,235 / 1,248DOM:54 / 34New:4Total:29
3 Beds
Avg:$418,602Median:$409,900Range:$260,000 – $850,000PSF:$258 / $249Sq Ft:1,652 / 1,630DOM:58 / 33New:21Total:209
4 Beds
Avg:$483,893Median:$469,990Range:$350,000 – $680,000PSF:$217 / $212Sq Ft:2,269 / 2,178DOM:62 / 25New:9Total:100
5 Beds
Avg:$571,502Median:$520,000Range:$445,000 – $909,392PSF:$194 / $187Sq Ft:2,961 / 2,879DOM:31 / 25New:4Total:33
6 Beds
Avg:$844,005Median:$865,404Range:$664,900 – $951,481PSF:$213 / $209Sq Ft:3,976 / 4,237DOM:95 / 42New:0Total:5
7 Beds
Avg:$582,450Median:$565,000Range:$565,000 – $599,900PSF:$171 / $152Sq Ft:3,453 / 2,972DOM:69 / 32New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $315,966 | $315,000 | $247,500 – $424,900 | $260 / $249 | 1,235 / 1,248 | 54 / 34 | 4 | 29 |
| 3 Beds | $418,602 | $409,900 | $260,000 – $850,000 | $258 / $249 | 1,652 / 1,630 | 58 / 33 | 21 | 209 |
| 4 Beds | $483,893 | $469,990 | $350,000 – $680,000 | $217 / $212 | 2,269 / 2,178 | 62 / 25 | 9 | 100 |
| 5 Beds | $571,502 | $520,000 | $445,000 – $909,392 | $194 / $187 | 2,961 / 2,879 | 31 / 25 | 4 | 33 |
| 6 Beds | $844,005 | $865,404 | $664,900 – $951,481 | $213 / $209 | 3,976 / 4,237 | 95 / 42 | 0 | 5 |
| 7 Beds | $582,450 | $565,000 | $565,000 – $599,900 | $171 / $152 | 3,453 / 2,972 | 69 / 32 | 0 | 2 |
Rental Market Overview
Median Rent
$1,999
+0.5%
Median DOM
11
+10.0%
New Listings
81
Inventory
322
−1.8%
- Average Rent: $2,072
- Median Rent: $1,999
- Rent Range: $771 – $5,600
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,700 / 1,610
- Square Footage Range: 837 – 8,276
- Days on Market (Avg/Median): 30 / 11
- Days on Market Range: 1 – 350
- New Listings: 81
- Total Listings: 322
Rentals by Property Type
Apartment
$1,510
Median DOM: 48
Inventory: 12
MoM: +0.5%
Condo
$1,575
Median DOM: 36
Inventory: 6
MoM: +0.5%
Single Family
$2,012
Median DOM: 8
Inventory: 290
MoM: +0.5%
Townhouse
$1,800
Median DOM: 26
Inventory: 13
MoM: +0.5%
Apartment
Avg/Median Rent$1,535 / $1,510Range$771 – $2,085Rent per Sq Ft$1 / $1Sq Ft1,116 / 1,069DOM85 / 48New2Total12
Condo
Avg/Median Rent$1,578 / $1,575Range$1,525 – $1,625Rent per Sq Ft$1 / $1Sq Ft1,167 / 1,089DOM43 / 36New0Total6
Multi-Family
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,297 / 1,297DOM22 / 22New0Total1
Single Family
Avg/Median Rent$2,116 / $2,012Range$775 – $5,600Rent per Sq Ft$1 / $1Sq Ft1,740 / 1,622DOM27 / 8New78Total290
Townhouse
Avg/Median Rent$1,828 / $1,800Range$1,325 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,522 / 1,432DOM49 / 26New1Total13
Rentals by Bedroom Count
1 Beds
Avg:$1,092Median:$950Range:$771 – $1,510PSF:$1 / $1Sq Ft:1,218 / 841DOM:83 / 29New:0Total:5
2 Beds
Avg:$1,681Median:$1,660Range:$1,350 – $2,085PSF:$1 / $1Sq Ft:1,164 / 1,089DOM:62 / 22New:6Total:23
3 Beds
Avg:$2,045Median:$1,965Range:$1,000 – $5,600PSF:$1 / $1Sq Ft:1,575 / 1,531DOM:27 / 11New:53Total:203
4 Beds
Avg:$2,232Median:$2,220Range:$1,750 – $3,300PSF:$1 / $1Sq Ft:2,051 / 1,923DOM:27 / 5New:17Total:77
5 Beds
Avg:$2,563Median:$2,465Range:$2,044 – $3,500PSF:$1 / $1Sq Ft:2,519 / 2,330DOM:22 / 10New:5Total:14
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,092 | $950 | $771 – $1,510 | $1 / $1 | 1,218 / 841 | 83 / 29 | 0 | 5 |
| 2 Beds | $1,681 | $1,660 | $1,350 – $2,085 | $1 / $1 | 1,164 / 1,089 | 62 / 22 | 6 | 23 |
| 3 Beds | $2,045 | $1,965 | $1,000 – $5,600 | $1 / $1 | 1,575 / 1,531 | 27 / 11 | 53 | 203 |
| 4 Beds | $2,232 | $2,220 | $1,750 – $3,300 | $1 / $1 | 2,051 / 1,923 | 27 / 5 | 17 | 77 |
| 5 Beds | $2,563 | $2,465 | $2,044 – $3,500 | $1 / $1 | 2,519 / 2,330 | 22 / 10 | 5 | 14 |
6-Month Sales Trend
Oct 2025
Median Price:$429,900Median DOM:47New:118Total:437
Nov 2025
Median Price:$425,000Median DOM:50New:77Total:427
Dec 2025
Median Price:$425,000Median DOM:51New:70Total:416
Jan 2026
Median Price:$429,800Median DOM:41New:112Total:385
Feb 2026
Median Price:$429,888Median DOM:33New:97Total:377
Mar 2026
Median Price:$427,500Median DOM:31New:38Total:378
6-Month Rental Trend
Oct 2025
Median Rent:$1,990Median DOM:9New:184Total:388
Nov 2025
Median Rent:$1,985Median DOM:10New:148Total:355
Dec 2025
Median Rent:$1,995Median DOM:8New:151Total:334
Jan 2026
Median Rent:$1,995Median DOM:8New:162Total:320
Feb 2026
Median Rent:$1,990Median DOM:10New:139Total:328
Mar 2026
Median Rent:$1,999Median DOM:11New:81Total:322
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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