Market Snapshot
- Median listing price
- $597K
- Median rent
- $2,150/mo
- Days on market
- 175 days
- Gross rental yield
- 4.33%
- STR vs LTR
- $1,284/mo STR · $2,150/mo LTR
The median listing price in Las Vegas, NV ZIP 89113 is $596,500 as of June 2026.
The median market rent in Las Vegas, NV ZIP 89113 is $2,150/month as of June 2026.
The median days on market in Las Vegas, NV ZIP 89113 is 175 days as of June 2026. The market is currently neutral.
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.
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
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.
Market Metrics
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
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
Liquidity & Velocity
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.
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
- 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.
- 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.
- 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.
- 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Below-market acquisition. Investor purchase with value-add potential through renovation.
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 0.5% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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