ZIP 89121 Housing Market Report

Las Vegas Metro

Report period: March 2026

89121 Monthly Market Update – March 2026

ZIP 89121 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$365,000
0.0%
Median DOM (Sales)
50
−2.0%
New Listings (Sales)
38
−58.2%
Median Rent
$1,495
0.0%
Median DOM (Rental)
32
−5.9%
Total Rental Listings
186
+3.9%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (14 DOM)
  • Fastest renting: Apartment (23 DOM)
  • Strongest bedroom: 7 Beds ($799,000 median)

Sales Market Overview

Median Price
$365,000
0.0%
Median DOM
50
−2.0%
New Listings
38
−58.2%
Inventory
477
+0.8%
  • Average Price: $391,706
  • Median Price: $365,000
  • Price Range: $32,500 – $3,500,000
  • Price per Sq Ft (Avg/Median): $219 / $215
  • Square Footage (Avg/Median): 1,828 / 1,691
  • Square Footage Range: 532 – 8,968
  • Days on Market (Avg/Median): 76 / 50
  • Days on Market Range: 1 – 358
  • New Listings: 38
  • Total Listings: 477

Sales by Property Type

Condo
Avg/Median Price$211,282 / $209,999Range$175,000 – $260,000Price per Sq Ft$218 / $209Sq Ft985 / 1,029DOM72 / 53New4Total35
Land
Avg/Median Price$557,000 / $155,000Range$145,000 – $1,710,000Price per Sq FtSq FtDOM105 / 65New0Total5
Manufactured
Avg/Median Price$130,937 / $99,999Range$32,500 – $339,000Price per Sq Ft$119 / $113Sq Ft1,276 / 1,248DOM91 / 83New2Total39
Multi-Family
Avg/Median Price$580,833 / $555,000Range$545,000 – $620,000Price per Sq Ft$182 / $178Sq Ft3,205 / 3,112DOM64 / 14New1Total6
Single Family
Avg/Median Price$513,080 / $449,900Range$268,000 – $3,500,000Price per Sq Ft$244 / $239Sq Ft2,148 / 1,912DOM66 / 40New20Total232
Townhouse
Avg/Median Price$306,487 / $300,000Range$140,000 – $595,000Price per Sq Ft$200 / $193Sq Ft1,575 / 1,614DOM89 / 61New11Total160

Sales by Bedroom Count

1 Beds
Avg:$156,462Median:$176,000Range:$40,000 – $234,900PSF:$249 / $238Sq Ft:718 / 660DOM:96 / 65New:0Total:16
2 Beds
Avg:$235,652Median:$244,000Range:$32,500 – $409,990PSF:$199 / $204Sq Ft:1,221 / 1,232DOM:78 / 55New:9Total:107
3 Beds
Avg:$362,394Median:$359,900Range:$40,000 – $800,000PSF:$220 / $215Sq Ft:1,728 / 1,700DOM:80 / 54New:11Total:194
4 Beds
Avg:$499,695Median:$449,990Range:$79,900 – $2,300,000PSF:$235 / $236Sq Ft:2,154 / 1,958DOM:63 / 36New:14Total:98
5 Beds
Avg:$548,677Median:$525,000Range:$299,990 – $850,000PSF:$222 / $218Sq Ft:2,540 / 2,462DOM:88 / 48New:2Total:35
6 Beds
Avg:$978,499Median:$549,900Range:$389,998 – $3,500,000PSF:$227 / $231Sq Ft:3,869 / 2,840DOM:49 / 26New:0Total:11
7 Beds
Avg:$814,666Median:$799,000Range:$470,000 – $1,174,999PSF:$254 / $221Sq Ft:3,378 / 2,426DOM:46 / 47New:1Total:3
8 Beds
Avg:$581,875Median:$575,000Range:$545,000 – $620,000PSF:$180 / $178Sq Ft:3,259 / 3,112DOM:61 / 21New:1Total:8

Rental Market Overview

Median Rent
$1,495
0.0%
Median DOM
32
−5.9%
New Listings
25
Inventory
186
+3.9%
  • Average Rent: $1,620
  • Median Rent: $1,495
  • Rent Range: $410 – $5,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,669 / 1,536
  • Square Footage Range: 272 – 4,492
  • Days on Market (Avg/Median): 63 / 32
  • Days on Market Range: 1 – 336
  • New Listings: 25
  • Total Listings: 186

Rentals by Property Type

Apartment
$1,100
Median DOM: 23
Inventory: 41
MoM: 0.0%
Condo
$1,250
Median DOM: 56
Inventory: 29
MoM: 0.0%
Single Family
$2,200
Median DOM: 29
Inventory: 63
MoM: 0.0%
Townhouse
$1,675
Median DOM: 29
Inventory: 28
MoM: 0.0%
Apartment
Avg/Median Rent$1,068 / $1,100Range$410 – $1,689Rent per Sq Ft$1 / $1Sq Ft1,330 / 880DOM88 / 23New5Total41
Condo
Avg/Median Rent$1,307 / $1,250Range$850 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,294 / 981DOM58 / 56New2Total29
Manufactured
Avg/Median Rent$1,464 / $1,400Range$1,150 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,344 / 1,344DOM72 / 47New1Total8
Multi-Family
Avg/Median Rent$1,121 / $1,075Range$900 – $1,950Rent per Sq Ft$0 / $0Sq Ft3,260 / 3,112DOM78 / 34New4Total17
Single Family
Avg/Median Rent$2,268 / $2,200Range$900 – $5,000Rent per Sq Ft$1 / $1Sq Ft1,743 / 1,712DOM52 / 29New10Total63
Townhouse
Avg/Median Rent$1,646 / $1,675Range$875 – $2,275Rent per Sq Ft$1 / $1Sq Ft1,400 / 1,396DOM53 / 29New3Total28

Rentals by Bedroom Count

Studio
Avg:$1,689Median:$1,689Range:$1,689 – $1,689PSF:$6 / $6Sq Ft:272 / 272DOM:7 / 7New:1Total:1
1 Beds
Avg:$1,125Median:$1,142Range:$728 – $1,800PSF:$1 / $2Sq Ft:923 / 689DOM:71 / 22New:3Total:31
2 Beds
Avg:$1,273Median:$1,200Range:$410 – $2,400PSF:$1 / $1Sq Ft:1,845 / 1,172DOM:72 / 34New:11Total:83
3 Beds
Avg:$2,040Median:$1,900Range:$1,195 – $5,000PSF:$1 / $1Sq Ft:1,655 / 1,650DOM:51 / 28New:6Total:46
4 Beds
Avg:$2,412Median:$2,300Range:$1,795 – $3,095PSF:$1 / $1Sq Ft:1,869 / 1,817DOM:47 / 32New:4Total:19
5 Beds
Avg:$3,328Median:$3,200Range:$2,250 – $4,299PSF:$1 / $1Sq Ft:2,686 / 2,827DOM:40 / 47New:0Total:5
6 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:$1 / $1Sq Ft:2,239 / 2,239DOM:197 / 197New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$363,000Median DOM:51New:109Total:496
Nov 2025
Median Price:$360,000Median DOM:54New:99Total:489
Dec 2025
Median Price:$360,699Median DOM:61New:95Total:501
Jan 2026
Median Price:$361,671Median DOM:56New:122Total:487
Feb 2026
Median Price:$365,000Median DOM:51New:91Total:473
Mar 2026
Median Price:$365,000Median DOM:50New:38Total:477

6-Month Rental Trend

Oct 2025
Median Rent:$1,450Median DOM:43New:51Total:190
Nov 2025
Median Rent:$1,450Median DOM:44New:54Total:183
Dec 2025
Median Rent:$1,400Median DOM:45New:52Total:190
Jan 2026
Median Rent:$1,400Median DOM:39New:44Total:166
Feb 2026
Median Rent:$1,495Median DOM:34New:53Total:179
Mar 2026
Median Rent:$1,495Median DOM:32New:25Total:186

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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