ZIP 89123 Housing Market Report
Las Vegas Metro
Report period: March 2026
89123 Monthly Market Update – March 2026
ZIP 89123 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$440,000
0.0%
Median DOM (Sales)
50
+4.2%
New Listings (Sales)
33
−60.2%
Median Rent
$1,850
0.0%
Median DOM (Rental)
23
−14.8%
Total Rental Listings
316
+0.6%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (35 DOM)
- Fastest renting: Townhouse (15 DOM)
- Strongest bedroom: 7 Beds ($1,295,000 median)
Sales Market Overview
Median Price
$440,000
0.0%
Median DOM
50
+4.2%
New Listings
33
−60.2%
Inventory
380
0.0%
- Average Price: $590,803
- Median Price: $440,000
- Price Range: $74,900 – $8,400,000
- Price per Sq Ft (Avg/Median): $281 / $261
- Square Footage (Avg/Median): 1,843 / 1,573
- Square Footage Range: 586 – 6,918
- Days on Market (Avg/Median): 73 / 50
- Days on Market Range: 1 – 363
- New Listings: 33
- Total Listings: 380
Sales by Property Type
Condo
Avg/Median Price$311,749 / $289,000Range$175,000 – $639,900Price per Sq Ft$255 / $248Sq Ft1,233 / 1,187DOM75 / 53New9Total120
Land
Avg/Median Price$3,330,625 / $1,100,000Range$400,000 – $8,400,000Price per Sq Ft—Sq Ft—DOM121 / 122New0Total8
Manufactured
Avg/Median Price$74,900 / $74,900Range$74,900 – $74,900Price per Sq Ft$71 / $71Sq Ft1,056 / 1,056DOM146 / 146New0Total1
Multi-Family
Avg/Median Price$481,043 / $438,000Range$279,950 – $879,000Price per Sq Ft$322 / $324Sq Ft1,506 / 1,338DOM158 / 174New0Total15
Single Family
Avg/Median Price$673,208 / $525,000Range$294,900 – $3,999,000Price per Sq Ft$295 / $278Sq Ft2,246 / 1,995DOM65 / 42New22Total218
Townhouse
Avg/Median Price$355,583 / $345,000Range$294,900 – $419,000Price per Sq Ft$267 / $261Sq Ft1,351 / 1,337DOM69 / 35New2Total18
Sales by Bedroom Count
1 Beds
Avg:$232,738Median:$209,000Range:$175,000 – $438,000PSF:$275 / $260Sq Ft:856 / 836DOM:96 / 69New:1Total:27
2 Beds
Avg:$335,078Median:$310,000Range:$74,900 – $639,900PSF:$272 / $259Sq Ft:1,230 / 1,198DOM:75 / 53New:9Total:107
3 Beds
Avg:$494,082Median:$449,000Range:$300,000 – $1,700,000PSF:$284 / $270Sq Ft:1,754 / 1,623DOM:61 / 35New:15Total:135
4 Beds
Avg:$697,833Median:$599,800Range:$420,000 – $2,300,000PSF:$285 / $260Sq Ft:2,426 / 2,336DOM:70 / 48New:3Total:69
5 Beds
Avg:$1,137,480Median:$695,000Range:$525,000 – $2,800,000PSF:$298 / $243Sq Ft:3,521 / 3,247DOM:95 / 58New:3Total:22
6 Beds
Avg:$1,094,767Median:$839,000Range:$599,900 – $2,250,000PSF:$261 / $251Sq Ft:4,023 / 3,673DOM:81 / 55New:1Total:9
7 Beds
Avg:$1,998,000Median:$1,295,000Range:$700,000 – $3,999,000PSF:$458 / $240Sq Ft:4,341 / 4,342DOM:117 / 145New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $232,738 | $209,000 | $175,000 – $438,000 | $275 / $260 | 856 / 836 | 96 / 69 | 1 | 27 |
| 2 Beds | $335,078 | $310,000 | $74,900 – $639,900 | $272 / $259 | 1,230 / 1,198 | 75 / 53 | 9 | 107 |
| 3 Beds | $494,082 | $449,000 | $300,000 – $1,700,000 | $284 / $270 | 1,754 / 1,623 | 61 / 35 | 15 | 135 |
| 4 Beds | $697,833 | $599,800 | $420,000 – $2,300,000 | $285 / $260 | 2,426 / 2,336 | 70 / 48 | 3 | 69 |
| 5 Beds | $1,137,480 | $695,000 | $525,000 – $2,800,000 | $298 / $243 | 3,521 / 3,247 | 95 / 58 | 3 | 22 |
| 6 Beds | $1,094,767 | $839,000 | $599,900 – $2,250,000 | $261 / $251 | 4,023 / 3,673 | 81 / 55 | 1 | 9 |
| 7 Beds | $1,998,000 | $1,295,000 | $700,000 – $3,999,000 | $458 / $240 | 4,341 / 4,342 | 117 / 145 | 1 | 3 |
Rental Market Overview
Median Rent
$1,850
0.0%
Median DOM
23
−14.8%
New Listings
59
Inventory
316
+0.6%
- Average Rent: $2,023
- Median Rent: $1,850
- Rent Range: $882 – $10,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,497 / 1,321
- Square Footage Range: 529 – 5,660
- Days on Market (Avg/Median): 43 / 23
- Days on Market Range: 1 – 338
- New Listings: 59
- Total Listings: 316
Rentals by Property Type
Apartment
$1,350
Median DOM: 43
Inventory: 18
MoM: 0.0%
Condo
$1,550
Median DOM: 29
Inventory: 116
MoM: 0.0%
Single Family
$2,100
Median DOM: 18
Inventory: 169
MoM: 0.0%
Townhouse
$1,795
Median DOM: 15
Inventory: 13
MoM: 0.0%
Apartment
Avg/Median Rent$1,409 / $1,350Range$882 – $1,975Rent per Sq Ft$2 / $2Sq Ft996 / 735DOM103 / 43New1Total18
Condo
Avg/Median Rent$1,675 / $1,550Range$1,125 – $4,700Rent per Sq Ft$2 / $1Sq Ft1,118 / 1,137DOM51 / 29New19Total116
Single Family
Avg/Median Rent$2,343 / $2,100Range$925 – $10,000Rent per Sq Ft$1 / $1Sq Ft1,828 / 1,655DOM34 / 18New36Total169
Townhouse
Avg/Median Rent$1,817 / $1,795Range$1,500 – $2,200Rent per Sq Ft$1 / $1Sq Ft1,326 / 1,376DOM38 / 15New3Total13
Rentals by Bedroom Count
1 Beds
Avg:$1,399Median:$1,350Range:$882 – $2,000PSF:$2 / $2Sq Ft:901 / 813DOM:47 / 15New:12Total:51
2 Beds
Avg:$1,744Median:$1,640Range:$1,275 – $3,295PSF:$1 / $1Sq Ft:1,182 / 1,155DOM:45 / 26New:17Total:95
3 Beds
Avg:$2,065Median:$1,950Range:$1,085 – $5,500PSF:$1 / $1Sq Ft:1,564 / 1,500DOM:36 / 19New:22Total:118
4 Beds
Avg:$2,666Median:$2,450Range:$1,660 – $4,700PSF:$1 / $1Sq Ft:2,216 / 2,043DOM:41 / 22New:7Total:40
5 Beds
Avg:$3,514Median:$3,100Range:$2,450 – $5,750PSF:$1 / $1Sq Ft:3,029 / 2,968DOM:63 / 23New:1Total:8
6 Beds
Avg:$5,950Median:$4,800Range:$3,500 – $10,000PSF:$1 / $1Sq Ft:4,203 / 3,096DOM:120 / 106New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,399 | $1,350 | $882 – $2,000 | $2 / $2 | 901 / 813 | 47 / 15 | 12 | 51 |
| 2 Beds | $1,744 | $1,640 | $1,275 – $3,295 | $1 / $1 | 1,182 / 1,155 | 45 / 26 | 17 | 95 |
| 3 Beds | $2,065 | $1,950 | $1,085 – $5,500 | $1 / $1 | 1,564 / 1,500 | 36 / 19 | 22 | 118 |
| 4 Beds | $2,666 | $2,450 | $1,660 – $4,700 | $1 / $1 | 2,216 / 2,043 | 41 / 22 | 7 | 40 |
| 5 Beds | $3,514 | $3,100 | $2,450 – $5,750 | $1 / $1 | 3,029 / 2,968 | 63 / 23 | 1 | 8 |
| 6 Beds | $5,950 | $4,800 | $3,500 – $10,000 | $1 / $1 | 4,203 / 3,096 | 120 / 106 | 0 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$460,000Median DOM:61New:67Total:410
Nov 2025
Median Price:$459,000Median DOM:72New:70Total:388
Dec 2025
Median Price:$465,000Median DOM:76New:48Total:375
Jan 2026
Median Price:$450,000Median DOM:61New:107Total:378
Feb 2026
Median Price:$440,000Median DOM:48New:83Total:380
Mar 2026
Median Price:$440,000Median DOM:50New:33Total:380
6-Month Rental Trend
Oct 2025
Median Rent:$1,943Median DOM:29New:128Total:358
Nov 2025
Median Rent:$1,920Median DOM:36New:99Total:325
Dec 2025
Median Rent:$1,899Median DOM:41New:101Total:323
Jan 2026
Median Rent:$1,899Median DOM:28New:112Total:312
Feb 2026
Median Rent:$1,850Median DOM:27New:94Total:314
Mar 2026
Median Rent:$1,850Median DOM:23New:59Total:316
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market lengthened, signaling slower 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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