ZIP 89109 Housing Market Report

Las Vegas Metro

Report period: March 2026

89109 Monthly Market Update – March 2026

ZIP 89109 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$358,888
−0.3%
Median DOM (Sales)
64
−11.1%
New Listings (Sales)
29
−63.7%
Median Rent
$2,600
−3.5%
Median DOM (Rental)
41
−6.8%
Total Rental Listings
146
+1.4%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (28 DOM)
  • Fastest renting: Apartment (13 DOM)
  • Strongest bedroom: 4 Beds ($2,099,000 median)

Sales Market Overview

Median Price
$358,888
−0.3%
Median DOM
64
−11.1%
New Listings
29
−63.7%
Inventory
390
+2.4%
  • Average Price: $559,354
  • Median Price: $358,888
  • Price Range: $134,999 – $5,995,000
  • Price per Sq Ft (Avg/Median): $472 / $464
  • Square Footage (Avg/Median): 1,212 / 874
  • Square Footage Range: 520 – 5,609
  • Days on Market (Avg/Median): 91 / 64
  • Days on Market Range: 1 – 359
  • New Listings: 29
  • Total Listings: 390

Sales by Property Type

Condo
Avg/Median Price$446,182 / $323,000Range$134,999 – $3,900,000Price per Sq Ft$468 / $471Sq Ft982 / 814DOM75 / 42New22Total216
Land
Avg/Median Price$405,980 / $380,000Range$199,900 – $595,000Price per Sq FtSq FtDOM88 / 95New0Total5
Multi-Family
Avg/Median Price$707,186 / $425,000Range$219,888 – $5,995,000Price per Sq Ft$505 / $484Sq Ft1,392 / 910DOM120 / 111New5Total145
Single Family
Avg/Median Price$949,913 / $875,000Range$455,000 – $2,099,000Price per Sq Ft$376 / $337Sq Ft2,527 / 2,612DOM51 / 28New2Total14
Townhouse
Avg/Median Price$390,220 / $325,000Range$260,000 – $695,000Price per Sq Ft$233 / $208Sq Ft1,704 / 1,800DOM76 / 60New0Total10

Sales by Bedroom Count

Studio
Avg:$301,174Median:$299,000Range:$167,500 – $675,000PSF:$568 / $563Sq Ft:530 / 520DOM:92 / 56New:9Total:135
1 Beds
Avg:$363,405Median:$359,888Range:$134,999 – $795,000PSF:$423 / $424Sq Ft:861 / 874DOM:92 / 65New:8Total:101
2 Beds
Avg:$658,602Median:$625,000Range:$164,900 – $3,999,999PSF:$401 / $376Sq Ft:1,645 / 1,595DOM:89 / 79New:7Total:102
3 Beds
Avg:$1,363,590Median:$999,999Range:$289,900 – $5,000,000PSF:$433 / $373Sq Ft:2,890 / 2,805DOM:90 / 65New:4Total:43
4 Beds
Avg:$3,236,000Median:$2,099,000Range:$950,000 – $5,995,000PSF:$753 / $570Sq Ft:3,948 / 3,685DOM:91 / 38New:1Total:4

Rental Market Overview

Median Rent
$2,600
−3.5%
Median DOM
41
−6.8%
New Listings
25
Inventory
146
+1.4%
  • Average Rent: $2,945
  • Median Rent: $2,600
  • Rent Range: $855 – $10,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,842 / 1,405
  • Square Footage Range: 285 – 7,564
  • Days on Market (Avg/Median): 68 / 41
  • Days on Market Range: 1 – 341
  • New Listings: 25
  • Total Listings: 146

Rentals by Property Type

Apartment
$1,200
Median DOM: 13
Inventory: 20
MoM: −3.5%
Condo
$2,900
Median DOM: 41
Inventory: 94
MoM: −3.5%
Single Family
$3,000
Median DOM: 25
Inventory: 23
MoM: −3.5%
Townhouse
$1,750
Median DOM: 80
Inventory: 3
MoM: −3.5%
Apartment
Avg/Median Rent$1,192 / $1,200Range$855 – $2,000Rent per Sq Ft$1 / $1Sq Ft3,151 / 980DOM78 / 13New7Total20
Condo
Avg/Median Rent$3,317 / $2,900Range$1,150 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,564 / 1,405DOM66 / 41New8Total94
Multi-Family
Avg/Median Rent$1,658 / $1,650Range$1,550 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,837 / 1,200DOM197 / 259New1Total6
Single Family
Avg/Median Rent$3,426 / $3,000Range$1,550 – $9,594Rent per Sq Ft$2 / $2Sq Ft1,962 / 1,856DOM39 / 25New8Total23
Townhouse
Avg/Median Rent$1,865 / $1,750Range$1,650 – $2,195Rent per Sq Ft$1 / $1Sq Ft1,322 / 1,350DOM60 / 80New1Total3

Rentals by Bedroom Count

Studio
Avg:$2,791Median:$2,750Range:$855 – $5,531PSF:$5 / $5Sq Ft:501 / 520DOM:151 / 124New:0Total:6
1 Beds
Avg:$1,810Median:$1,990Range:$875 – $2,600PSF:$2 / $2Sq Ft:1,021 / 814DOM:47 / 32New:10Total:33
2 Beds
Avg:$2,832Median:$2,900Range:$1,000 – $5,950PSF:$2 / $2Sq Ft:2,012 / 1,467DOM:67 / 40New:8Total:79
3 Beds
Avg:$4,433Median:$4,000Range:$1,550 – $10,000PSF:$2 / $2Sq Ft:2,534 / 2,457DOM:83 / 49New:6Total:26
4 Beds
Avg:$7,297Median:$5,000Range:$5,000 – $9,594PSF:$2 / $2Sq Ft:3,256 / 2,820DOM:38 / 11New:1Total:2

6-Month Sales Trend

Oct 2025
Median Price:$415,000Median DOM:80New:58Total:386
Nov 2025
Median Price:$399,000Median DOM:87New:54Total:378
Dec 2025
Median Price:$397,000Median DOM:96New:48Total:372
Jan 2026
Median Price:$380,000Median DOM:88New:71Total:357
Feb 2026
Median Price:$359,888Median DOM:72New:80Total:381
Mar 2026
Median Price:$358,888Median DOM:64New:29Total:390

6-Month Rental Trend

Oct 2025
Median Rent:$2,650Median DOM:40New:40Total:142
Nov 2025
Median Rent:$2,650Median DOM:47New:41Total:143
Dec 2025
Median Rent:$2,650Median DOM:48New:34Total:143
Jan 2026
Median Rent:$2,700Median DOM:47New:45Total:137
Feb 2026
Median Rent:$2,695Median DOM:44New:43Total:144
Mar 2026
Median Rent:$2,600Median DOM:41New:25Total:146

Key Market Takeaways

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