ZIP 89138 Housing Market Report

Las Vegas Metro

Report period: March 2026

89138 Monthly Market Update – March 2026

ZIP 89138 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$829,000
+1.1%
Median DOM (Sales)
32
0.0%
New Listings (Sales)
48
−66.9%
Median Rent
$2,800
−1.8%
Median DOM (Rental)
24
−25.0%
Total Rental Listings
225
+8.7%

Month-over-Month Movement

Median sale prices moved higher. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (7 DOM)
  • Fastest renting: Condo (14 DOM)
  • Strongest bedroom: 6 Beds ($1,850,000 median)

Sales Market Overview

Median Price
$829,000
+1.1%
Median DOM
32
0.0%
New Listings
48
−66.9%
Inventory
458
−0.4%
  • Average Price: $1,013,922
  • Median Price: $829,000
  • Price Range: $385,000 – $5,800,000
  • Price per Sq Ft (Avg/Median): $391 / $360
  • Square Footage (Avg/Median): 2,475 / 2,324
  • Square Footage Range: 1,232 – 5,016
  • Days on Market (Avg/Median): 47 / 32
  • Days on Market Range: 1 – 273
  • New Listings: 48
  • Total Listings: 458

Sales by Property Type

Condo
Avg/Median Price$429,967 / $435,000Range$385,000 – $469,900Price per Sq Ft$299 / $292Sq Ft1,439 / 1,466DOM13 / 7New2Total3
Land
Avg/Median Price$5,800,000 / $5,800,000Range$5,800,000 – $5,800,000Price per Sq FtSq FtDOM55 / 55New0Total1
Single Family
Avg/Median Price$1,119,583 / $975,000Range$475,000 – $2,795,000Price per Sq Ft$414 / $392Sq Ft2,645 / 2,463DOM49 / 33New41Total364
Townhouse
Avg/Median Price$552,867 / $530,000Range$416,750 – $899,000Price per Sq Ft$304 / $300Sq Ft1,819 / 1,790DOM42 / 27New5Total90

Sales by Bedroom Count

2 Beds
Avg:$597,473Median:$539,999Range:$385,000 – $1,180,000PSF:$382 / $376Sq Ft:1,564 / 1,441DOM:39 / 27New:7Total:46
3 Beds
Avg:$848,931Median:$685,000Range:$435,234 – $2,400,000PSF:$384 / $345Sq Ft:2,120 / 2,017DOM:45 / 30New:15Total:191
4 Beds
Avg:$1,154,632Median:$1,025,000Range:$525,000 – $2,795,000PSF:$401 / $368Sq Ft:2,788 / 2,640DOM:51 / 34New:20Total:171
5 Beds
Avg:$1,413,037Median:$1,374,000Range:$708,999 – $2,395,000PSF:$388 / $383Sq Ft:3,575 / 3,523DOM:54 / 38New:5Total:45
6 Beds
Avg:$1,979,472Median:$1,850,000Range:$1,799,000 – $2,268,888PSF:$483 / $465Sq Ft:4,106 / 3,869DOM:53 / 14New:1Total:4

Rental Market Overview

Median Rent
$2,800
−1.8%
Median DOM
24
−25.0%
New Listings
52
Inventory
225
+8.7%
  • Average Rent: $3,119
  • Median Rent: $2,800
  • Rent Range: $1,250 – $9,995
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,136 / 2,017
  • Square Footage Range: 916 – 4,512
  • Days on Market (Avg/Median): 40 / 24
  • Days on Market Range: 1 – 346
  • New Listings: 52
  • Total Listings: 225

Rentals by Property Type

Apartment
$1,674
Median DOM: 122
Inventory: 1
MoM: −1.8%
Condo
$2,300
Median DOM: 14
Inventory: 6
MoM: −1.8%
Single Family
$2,995
Median DOM: 24
Inventory: 170
MoM: −1.8%
Townhouse
$2,550
Median DOM: 25
Inventory: 47
MoM: −1.8%
Apartment
Avg/Median Rent$1,674 / $1,674Range$1,674 – $1,674Rent per Sq Ft$2 / $2Sq Ft916 / 916DOM122 / 122New0Total1
Condo
Avg/Median Rent$2,362 / $2,300Range$1,995 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,436 / 1,448DOM59 / 14New2Total6
Multi-Family
Avg/Median Rent$2,800 / $2,800Range$2,800 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,782 / 1,782DOM51 / 51New0Total1
Single Family
Avg/Median Rent$3,301 / $2,995Range$1,250 – $9,995Rent per Sq Ft$1 / $1Sq Ft2,273 / 2,211DOM39 / 24New40Total170
Townhouse
Avg/Median Rent$2,593 / $2,550Range$1,895 – $3,600Rent per Sq Ft$1 / $1Sq Ft1,763 / 1,771DOM39 / 25New10Total47

Rentals by Bedroom Count

1 Beds
Avg:$1,462Median:$1,250Range:$1,250 – $1,674PSF:$1 / $0Sq Ft:1,733 / 916DOM:63 / 3New:1Total:2
2 Beds
Avg:$2,322Median:$2,300Range:$1,895 – $3,000PSF:$2 / $2Sq Ft:1,500 / 1,448DOM:46 / 31New:3Total:15
3 Beds
Avg:$2,771Median:$2,600Range:$1,999 – $5,000PSF:$1 / $1Sq Ft:1,875 / 1,832DOM:37 / 22New:26Total:105
4 Beds
Avg:$3,327Median:$3,000Range:$1,895 – $7,500PSF:$1 / $1Sq Ft:2,339 / 2,290DOM:39 / 19New:19Total:75
5 Beds
Avg:$4,241Median:$3,350Range:$2,545 – $9,995PSF:$1 / $1Sq Ft:2,902 / 2,648DOM:49 / 29New:3Total:27
6 Beds
Avg:$9,000Median:$9,000Range:$9,000 – $9,000PSF:$2 / $2Sq Ft:3,869 / 3,869DOM:78 / 78New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$819,500Median DOM:42New:135Total:485
Nov 2025
Median Price:$820,000Median DOM:45New:120Total:471
Dec 2025
Median Price:$823,000Median DOM:48New:98Total:464
Jan 2026
Median Price:$850,000Median DOM:36New:161Total:445
Feb 2026
Median Price:$819,888Median DOM:32New:145Total:460
Mar 2026
Median Price:$829,000Median DOM:32New:48Total:458

6-Month Rental Trend

Oct 2025
Median Rent:$2,795Median DOM:28New:94Total:252
Nov 2025
Median Rent:$2,750Median DOM:30New:79Total:236
Dec 2025
Median Rent:$2,800Median DOM:32New:77Total:235
Jan 2026
Median Rent:$2,888Median DOM:28New:77Total:215
Feb 2026
Median Rent:$2,850Median DOM:32New:63Total:207
Mar 2026
Median Rent:$2,800Median DOM:24New:52Total:225

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady 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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