ZIP 89131 Housing Market Report
Las Vegas Metro
Report period: March 2026
89131 Monthly Market Update – March 2026
ZIP 89131 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$599,990
−3.2%
Median DOM (Sales)
40
−4.8%
New Listings (Sales)
26
−69.8%
Median Rent
$2,175
+1.4%
Median DOM (Rental)
12
+20.0%
Total Rental Listings
171
+4.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (36 DOM)
- Fastest renting: Single Family (10 DOM)
- Strongest bedroom: 6 Beds ($1,400,000 median)
Sales Market Overview
Median Price
$599,990
−3.2%
Median DOM
40
−4.8%
New Listings
26
−69.8%
Inventory
332
+1.5%
- Average Price: $743,541
- Median Price: $599,990
- Price Range: $235,000 – $4,900,000
- Price per Sq Ft (Avg/Median): $269 / $245
- Square Footage (Avg/Median): 2,742 / 2,578
- Square Footage Range: 800 – 9,111
- Days on Market (Avg/Median): 66 / 40
- Days on Market Range: 1 – 339
- New Listings: 26
- Total Listings: 332
Sales by Property Type
Condo
Avg/Median Price$288,841 / $286,990Range$235,000 – $360,000Price per Sq Ft$262 / $273Sq Ft1,116 / 1,196DOM79 / 39New0Total7
Land
Avg/Median Price$1,018,557 / $590,000Range$285,000 – $2,580,000Price per Sq Ft—Sq Ft—DOM115 / 105New1Total12
Single Family
Avg/Median Price$778,052 / $650,000Range$329,900 – $4,900,000Price per Sq Ft$272 / $252Sq Ft2,890 / 2,694DOM64 / 40New23Total287
Townhouse
Avg/Median Price$358,079 / $350,000Range$299,900 – $420,000Price per Sq Ft$235 / $230Sq Ft1,544 / 1,521DOM74 / 36New2Total26
Sales by Bedroom Count
1 Beds
Avg:$241,667Median:$245,000Range:$235,000 – $245,000PSF:$280 / $284Sq Ft:862 / 862DOM:23 / 19New:0Total:3
2 Beds
Avg:$463,677Median:$329,900Range:$286,990 – $2,200,000PSF:$431 / $240Sq Ft:1,282 / 1,342DOM:75 / 39New:0Total:14
3 Beds
Avg:$528,125Median:$454,900Range:$299,900 – $1,650,000PSF:$253 / $245Sq Ft:2,081 / 1,894DOM:60 / 32New:14Total:120
4 Beds
Avg:$780,333Median:$699,750Range:$390,000 – $3,495,500PSF:$265 / $239Sq Ft:2,963 / 3,013DOM:69 / 48New:7Total:112
5 Beds
Avg:$908,607Median:$845,000Range:$445,000 – $1,599,900PSF:$257 / $243Sq Ft:3,554 / 3,598DOM:64 / 39New:4Total:60
6 Beds
Avg:$1,759,756Median:$1,400,000Range:$699,000 – $3,595,000PSF:$314 / $295Sq Ft:5,498 / 4,786DOM:72 / 55New:0Total:9
8 Beds
Avg:$3,144,950Median:$1,389,900Range:$1,389,900 – $4,900,000PSF:$470 / $247Sq Ft:6,344 / 5,620DOM:106 / 48New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $241,667 | $245,000 | $235,000 – $245,000 | $280 / $284 | 862 / 862 | 23 / 19 | 0 | 3 |
| 2 Beds | $463,677 | $329,900 | $286,990 – $2,200,000 | $431 / $240 | 1,282 / 1,342 | 75 / 39 | 0 | 14 |
| 3 Beds | $528,125 | $454,900 | $299,900 – $1,650,000 | $253 / $245 | 2,081 / 1,894 | 60 / 32 | 14 | 120 |
| 4 Beds | $780,333 | $699,750 | $390,000 – $3,495,500 | $265 / $239 | 2,963 / 3,013 | 69 / 48 | 7 | 112 |
| 5 Beds | $908,607 | $845,000 | $445,000 – $1,599,900 | $257 / $243 | 3,554 / 3,598 | 64 / 39 | 4 | 60 |
| 6 Beds | $1,759,756 | $1,400,000 | $699,000 – $3,595,000 | $314 / $295 | 5,498 / 4,786 | 72 / 55 | 0 | 9 |
| 8 Beds | $3,144,950 | $1,389,900 | $1,389,900 – $4,900,000 | $470 / $247 | 6,344 / 5,620 | 106 / 48 | 0 | 2 |
Rental Market Overview
Median Rent
$2,175
+1.4%
Median DOM
12
+20.0%
New Listings
43
Inventory
171
+4.9%
- Average Rent: $2,384
- Median Rent: $2,175
- Rent Range: $900 – $9,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,937 / 1,725
- Square Footage Range: 636 – 4,861
- Days on Market (Avg/Median): 34 / 12
- Days on Market Range: 1 – 358
- New Listings: 43
- Total Listings: 171
Rentals by Property Type
Apartment
$1,496
Median DOM: 67
Inventory: 5
MoM: +1.4%
Condo
$1,625
Median DOM: 28
Inventory: 13
MoM: +1.4%
Single Family
$2,240
Median DOM: 10
Inventory: 149
MoM: +1.4%
Townhouse
$1,700
Median DOM: 10
Inventory: 4
MoM: +1.4%
Apartment
Avg/Median Rent$1,551 / $1,496Range$1,251 – $1,895Rent per Sq Ft$2 / $2Sq Ft1,017 / 705DOM213 / 67New0Total5
Condo
Avg/Median Rent$1,758 / $1,625Range$1,250 – $3,700Rent per Sq Ft$2 / $1Sq Ft1,207 / 1,255DOM52 / 28New1Total13
Single Family
Avg/Median Rent$2,480 / $2,240Range$900 – $9,500Rent per Sq Ft$1 / $1Sq Ft2,044 / 1,877DOM31 / 10New41Total149
Townhouse
Avg/Median Rent$1,911 / $1,700Range$1,550 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,469 / 1,404DOM29 / 10New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,200Median:$1,200Range:$1,200 – $1,200PSF:$0 / $0Sq Ft:2,989 / 2,989DOM:4 / 4New:1Total:1
1 Beds
Avg:$1,737Median:$1,350Range:$1,250 – $3,700PSF:$2 / $2Sq Ft:765 / 776DOM:193 / 127New:0Total:7
2 Beds
Avg:$1,763Median:$1,700Range:$1,545 – $2,000PSF:$1 / $1Sq Ft:1,269 / 1,255DOM:29 / 17New:1Total:10
3 Beds
Avg:$2,228Median:$2,095Range:$900 – $7,832PSF:$1 / $1Sq Ft:1,725 / 1,674DOM:28 / 11New:26Total:96
4 Beds
Avg:$2,503Median:$2,360Range:$1,799 – $4,695PSF:$1 / $1Sq Ft:2,388 / 2,318DOM:31 / 9New:12Total:47
5 Beds
Avg:$4,737Median:$5,000Range:$2,400 – $9,500PSF:$1 / $1Sq Ft:3,269 / 3,691DOM:79 / 42New:2Total:9
6 Beds
Avg:$2,600Median:$2,600Range:$2,600 – $2,600PSF:$1 / $1Sq Ft:2,680 / 2,680DOM:8 / 8New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,200 | $1,200 | $1,200 – $1,200 | $0 / $0 | 2,989 / 2,989 | 4 / 4 | 1 | 1 |
| 1 Beds | $1,737 | $1,350 | $1,250 – $3,700 | $2 / $2 | 765 / 776 | 193 / 127 | 0 | 7 |
| 2 Beds | $1,763 | $1,700 | $1,545 – $2,000 | $1 / $1 | 1,269 / 1,255 | 29 / 17 | 1 | 10 |
| 3 Beds | $2,228 | $2,095 | $900 – $7,832 | $1 / $1 | 1,725 / 1,674 | 28 / 11 | 26 | 96 |
| 4 Beds | $2,503 | $2,360 | $1,799 – $4,695 | $1 / $1 | 2,388 / 2,318 | 31 / 9 | 12 | 47 |
| 5 Beds | $4,737 | $5,000 | $2,400 – $9,500 | $1 / $1 | 3,269 / 3,691 | 79 / 42 | 2 | 9 |
| 6 Beds | $2,600 | $2,600 | $2,600 – $2,600 | $1 / $1 | 2,680 / 2,680 | 8 / 8 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$599,888Median DOM:49New:75Total:398
Nov 2025
Median Price:$610,000Median DOM:57New:59Total:360
Dec 2025
Median Price:$599,900Median DOM:72New:51Total:349
Jan 2026
Median Price:$599,000Median DOM:58New:93Total:338
Feb 2026
Median Price:$620,000Median DOM:42New:86Total:327
Mar 2026
Median Price:$599,990Median DOM:40New:26Total:332
6-Month Rental Trend
Oct 2025
Median Rent:$2,145Median DOM:19New:75Total:168
Nov 2025
Median Rent:$2,175Median DOM:19New:59Total:162
Dec 2025
Median Rent:$2,100Median DOM:27New:62Total:159
Jan 2026
Median Rent:$2,100Median DOM:11New:68Total:160
Feb 2026
Median Rent:$2,145Median DOM:10New:79Total:163
Mar 2026
Median Rent:$2,175Median DOM:12New:43Total:171
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 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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