Market Snapshot
- Median listing price
- $585K
- Median rent
- $2,355/mo
- Days on market
- 51 days
- Gross rental yield
- 4.83%
- STR vs LTR
- $2,033/mo STR · $2,355/mo LTR
The median listing price in Las Vegas, NV ZIP 89141 is $584,950 as of August 2026.
The median market rent in Las Vegas, NV ZIP 89141 is $2,355/month as of August 2026.
The median days on market in Las Vegas, NV ZIP 89141 is 51 days as of August 2026. The market is currently neutral.
At a median list price of $584,950 and a median rent of $2,355/month, the gross rental yield in Las Vegas, NV ZIP 89141 is 4.83% as of August 2026.
In Las Vegas, NV ZIP 89141, median Airbnb revenue is $2,033/month compared to median long-term rent of $2,355/month as of August 2026.
Las Vegas, NV 89141 Real Estate Market Report
ZIP Code: 89141
Report Date: August 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 the 89141 area average approximately 6.76%, reflecting the prevailing market conditions for property owners in this region as of August 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price: $582,000 is the best current indicator of realized market value in 89141 and suggests pricing stability versus asking levels; monitor listings priced near this benchmark for representative recent sale comps and consider modest seller concessions where buyers request them. neutral transaction pricing
- median days on market: 51 points to longer decision windows and slower sales velocity than a hot market, which may allow buyers more negotiation time and requires sellers to be more responsive on condition and terms. slower sales velocity
- median listing price: $584,950 sits very close to the median sold price, indicating limited pricing gap between ask and achieved sale in recent transactions; lenders and appraisers should note this price alignment when assessing valuation risk. flat pricing spread
- median price per square foot: $238 and median market rent: $2,355 together frame gross pricing context for SFR and condo comparisons, but with interest rate pressure elevated at current mortgage levels, expect cautious buyer behavior and extended holding periods for marginally priced properties. elevated interest rate pressure
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 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.
Representative market sale establishing baseline for properties in the core neighborhood.
Quick sale indicating strong buyer demand and competitive market conditions.
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, 6.67% 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: 8/19/2026
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