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Market Snapshot

Median listing price
$597K

The median listing price in Las Vegas, NV ZIP 89113 is $596,500 as of June 2026.

Median rent
$2,150/mo

The median market rent in Las Vegas, NV ZIP 89113 is $2,150/month as of June 2026.

Days on market
175 days

The median days on market in Las Vegas, NV ZIP 89113 is 175 days as of June 2026. The market is currently neutral.

Gross rental yield
4.33%

At a median list price of $596,500 and a median rent of $2,150/month, the gross rental yield in Las Vegas, NV ZIP 89113 is 4.33% as of June 2026.

STR vs LTR
$1,284/mo STR · $2,150/mo LTR

In Las Vegas, NV ZIP 89113, median Airbnb revenue is $1,284/month compared to median long-term rent of $2,150/month as of June 2026.

Las Vegas, NV 89113 Real Estate Market Report

ZIP Code: 89113

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
253
Active Listings
137
Sold Properties
116

Market Metrics

Median Listing Price
$596,500
Median Sold Price
$573,500
Median Price per Sqft
$260/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,150

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.49%

Liquidity & Velocity

Median Days on Market
175
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Las Vegas are approximately 6.53%, reflecting a market where property owners who originated loans earlier in 2026 at lower rates have secured a favorable cost of capital.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market value indicator remains the $573,500 median sold price, which represents the most reliable signal of recent transaction activity and suggests a market near stabilization rather than rapid appreciation; flat price momentum appears consistent with broader indicators.
  2. There is a measurable spread between the $596,500 median listing price and the $573,500 median sold price, which may indicate pricing friction where seller expectations exceed recent completed transactions and could require concessions to close deals.
  3. With a 175 median days on market, sales velocity appears slow relative to faster-moving markets and may signal slower transaction velocity and more negotiation room for buyers, even as the overall market reads as neutral.
  4. Rental fundamentals show a $2,150 median market rent and a rent year-over-year trend of up, while interest rate pressure is described as elevated, suggesting landlords and investors face rising financing costs even as rental income trends remain supportive of holding or leasing strategies.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

88 Innisbrook Ave, Las Vegas, NV 89113
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

6 beds6 baths6,101 sqft
$5,000,000
Apr 1, 2026
$820/sqft/sqft
117 days on market
42 Sawgrass Ct, Las Vegas, NV 89113
Market Benchmark

Sold at market average

4 beds5 baths7,713 sqft
$1,885,000
Apr 1, 2026
$244/sqft/sqft
2534 days on market
21 Sawgrass Ct, Las Vegas, NV 89113
Premium

Sold above market average

4 beds4 baths5,056 sqft
$1,835,000
Apr 1, 2026
$363/sqft/sqft
270 days on market
7973 Adelaide Hills St, Las Vegas, NV 89113
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds3 baths2,203 sqft
$520,000
Apr 1, 2026
$236/sqft/sqft
94 days on market
8492 Balfour Meadows Ave, Las Vegas, NV 89113
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,864 sqft
$520,000
Mar 1, 2026
$279/sqft/sqft
7606 W Diablo Dr, Las Vegas, NV 89113
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,611 sqft
$520,000
Apr 1, 2026
$323/sqft/sqft
305 days on market
6088 Tomsik St, Las Vegas, NV 89113
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

4 beds- baths2,098 sqft
$460,000
May 1, 2026
$219/sqft/sqft
11 days on market
8125 Lake Geneva Ct, Las Vegas, NV 89113
Market Benchmark

Sold at market average

2 beds2 baths1,237 sqft
$320,000
Apr 1, 2026
$259/sqft/sqft
286 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,150/mo
89113 Avg Rent
89113 Cost to Own
Rent$2,150
Own$3,300

20% down, 6.50% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

89113 Avg nightly rate
89113 Avg occupancy (days/year)
Nightly rate$147/night
Occupancy106 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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