ZIP 89148 Housing Market Report

Las Vegas Metro

Report period: March 2026

89148 Monthly Market Update – March 2026

ZIP 89148 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$515,000
+0.0%
Median DOM (Sales)
38
−13.6%
New Listings (Sales)
48
−44.8%
Median Rent
$2,200
0.0%
Median DOM (Rental)
27
0.0%
Total Rental Listings
403
−0.2%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (29 DOM)
  • Fastest renting: Single Family (26 DOM)
  • Strongest bedroom: 8 Beds ($3,099,000 median)

Sales Market Overview

Median Price
$515,000
+0.0%
Median DOM
38
−13.6%
New Listings
48
−44.8%
Inventory
407
+5.7%
  • Average Price: $601,751
  • Median Price: $515,000
  • Price Range: $169,000 – $5,000,000
  • Price per Sq Ft (Avg/Median): $277 / $257
  • Square Footage (Avg/Median): 2,157 / 2,021
  • Square Footage Range: 841 – 7,964
  • Days on Market (Avg/Median): 61 / 38
  • Days on Market Range: 1 – 360
  • New Listings: 48
  • Total Listings: 407

Sales by Property Type

Condo
Avg/Median Price$260,437 / $265,000Range$224,900 – $305,000Price per Sq Ft$256 / $255Sq Ft1,028 / 972DOM71 / 66New1Total19
Land
Avg/Median Price$169,000 / $169,000Range$169,000 – $169,000Price per Sq FtSq FtDOM50 / 50New0Total1
Single Family
Avg/Median Price$653,794 / $546,999Range$319,998 – $5,000,000Price per Sq Ft$278 / $257Sq Ft2,323 / 2,206DOM65 / 40New42Total323
Townhouse
Avg/Median Price$447,186 / $434,000Range$299,999 – $967,500Price per Sq Ft$277 / $258Sq Ft1,651 / 1,672DOM43 / 29New5Total64

Sales by Bedroom Count

1 Beds
Avg:$224,950Median:$224,900Range:$224,900 – $225,000PSF:$267 / $267Sq Ft:842 / 841DOM:26 / 24New:0Total:2
2 Beds
Avg:$507,152Median:$384,514Range:$230,000 – $2,200,000PSF:$334 / $288Sq Ft:1,413 / 1,305DOM:75 / 51New:5Total:53
3 Beds
Avg:$522,363Median:$465,000Range:$349,000 – $1,325,880PSF:$278 / $267Sq Ft:1,892 / 1,803DOM:56 / 33New:26Total:194
4 Beds
Avg:$671,751Median:$559,888Range:$379,900 – $3,999,999PSF:$259 / $243Sq Ft:2,505 / 2,327DOM:65 / 44New:9Total:113
5 Beds
Avg:$754,857Median:$689,800Range:$468,000 – $2,280,000PSF:$235 / $226Sq Ft:3,153 / 3,034DOM:64 / 45New:6Total:40
6 Beds
Avg:$2,291,633Median:$1,100,000Range:$774,900 – $5,000,000PSF:$393 / $268Sq Ft:4,960 / 4,099DOM:7 / 7New:2Total:3
8 Beds
Avg:$3,099,000Median:$3,099,000Range:$3,099,000 – $3,099,000PSF:$389 / $389Sq Ft:7,964 / 7,964DOM:135 / 135New:0Total:1

Rental Market Overview

Median Rent
$2,200
0.0%
Median DOM
27
0.0%
New Listings
65
Inventory
403
−0.2%
  • Average Rent: $2,290
  • Median Rent: $2,200
  • Rent Range: $800 – $8,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,922 / 1,829
  • Square Footage Range: 544 – 6,080
  • Days on Market (Avg/Median): 43 / 27
  • Days on Market Range: 1 – 321
  • New Listings: 65
  • Total Listings: 403

Rentals by Property Type

Apartment
$1,400
Median DOM: 204
Inventory: 18
MoM: 0.0%
Condo
$1,505
Median DOM: 35
Inventory: 30
MoM: 0.0%
Single Family
$2,279
Median DOM: 26
Inventory: 336
MoM: 0.0%
Townhouse
$2,195
Median DOM: 26
Inventory: 19
MoM: 0.0%
Apartment
Avg/Median Rent$1,433 / $1,400Range$1,160 – $1,848Rent per Sq Ft$2 / $2Sq Ft755 / 753DOM216 / 204New0Total18
Condo
Avg/Median Rent$1,672 / $1,505Range$1,250 – $2,800Rent per Sq Ft$2 / $1Sq Ft1,124 / 1,151DOM54 / 35New3Total30
Single Family
Avg/Median Rent$2,400 / $2,279Range$800 – $8,500Rent per Sq Ft$1 / $1Sq Ft2,076 / 2,019DOM39 / 26New57Total336
Townhouse
Avg/Median Rent$2,133 / $2,195Range$1,500 – $3,000Rent per Sq Ft$1 / $1Sq Ft1,554 / 1,543DOM41 / 26New5Total19

Rentals by Bedroom Count

Studio
Avg:$1,361Median:$1,434Range:$800 – $1,848PSF:$2 / $2Sq Ft:784 / 625DOM:101 / 16New:0Total:3
1 Beds
Avg:$1,463Median:$1,400Range:$1,160 – $2,350PSF:$2 / $2Sq Ft:778 / 761DOM:221 / 212New:0Total:17
2 Beds
Avg:$1,854Median:$1,550Range:$1,250 – $4,695PSF:$2 / $1Sq Ft:1,190 / 1,151DOM:39 / 32New:3Total:33
3 Beds
Avg:$2,260Median:$2,140Range:$1,500 – $7,833PSF:$1 / $1Sq Ft:1,755 / 1,715DOM:39 / 22New:40Total:185
4 Beds
Avg:$2,436Median:$2,300Range:$1,800 – $5,500PSF:$1 / $1Sq Ft:2,305 / 2,251DOM:42 / 28New:19Total:134
5 Beds
Avg:$2,864Median:$2,550Range:$1,950 – $8,500PSF:$1 / $1Sq Ft:2,739 / 2,469DOM:37 / 27New:3Total:28
6 Beds
Avg:$2,665Median:$2,600Range:$2,395 – $3,000PSF:$1 / $1Sq Ft:3,091 / 3,010DOM:94 / 102New:0Total:3

6-Month Sales Trend

Oct 2025
Median Price:$525,000Median DOM:46New:85Total:371
Nov 2025
Median Price:$520,000Median DOM:47New:104Total:386
Dec 2025
Median Price:$519,990Median DOM:56New:65Total:399
Jan 2026
Median Price:$509,800Median DOM:43New:120Total:389
Feb 2026
Median Price:$514,900Median DOM:44New:87Total:385
Mar 2026
Median Price:$515,000Median DOM:38New:48Total:407

6-Month Rental Trend

Oct 2025
Median Rent:$2,110Median DOM:25New:182Total:470
Nov 2025
Median Rent:$2,150Median DOM:29New:137Total:446
Dec 2025
Median Rent:$2,150Median DOM:33New:141Total:426
Jan 2026
Median Rent:$2,195Median DOM:23New:158Total:413
Feb 2026
Median Rent:$2,200Median DOM:27New:113Total:404
Mar 2026
Median Rent:$2,200Median DOM:27New:65Total:403

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory tightened.

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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