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Market Snapshot

Median listing price
$585K

The median listing price in Las Vegas, NV ZIP 89141 is $584,950 as of August 2026.

Median rent
$2,355/mo

The median market rent in Las Vegas, NV ZIP 89141 is $2,355/month as of August 2026.

Days on market
51 days

The median days on market in Las Vegas, NV ZIP 89141 is 51 days as of August 2026. The market is currently neutral.

Gross rental yield
4.83%

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.

STR vs LTR
$2,033/mo STR · $2,355/mo LTR

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

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
241
Active Listings
100
Sold Properties
141

Market Metrics

Median Listing Price
$584,950
Median Sold Price
$582,000
Median Price per Sqft
$238/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
$2,355

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
51
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
flat
Interest Rate Pressure
elevated

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

  1. 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
  2. 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
  3. 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
  4. 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

11 Cottonwood Canyon Ct, Las Vegas, NV 89141
Top Sale

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

4 beds4 baths10,454 sqft
$6,800,000
May 1, 2026
$650/sqft
11946 Port Labelle Dr, Las Vegas, NV 89141
Premium

Sold above market average

5 beds5 baths4,090 sqft
$3,800,000
Jul 1, 2026
$929/sqft
148 days on market
10892 Royal Highlands St, Las Vegas, NV 89141
Market Benchmark

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

4 beds2 baths2,350 sqft
$542,000
Jul 1, 2026
$231/sqft
27 days on market
10919 Pentland Downs St, Las Vegas, NV 89141
Market Benchmark

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

3 beds2 baths2,459 sqft
$540,150
Jun 1, 2026
$220/sqft
67 days on market
10259 Restless River St, Las Vegas, NV 89141
Market Benchmark

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

4 beds2 baths2,274 sqft
$540,000
Jul 1, 2026
$237/sqft
5018 Bonnie Doon Ln, Las Vegas, NV 89141
Market Benchmark

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

4 beds2 baths2,024 sqft
$525,000
May 1, 2026
$259/sqft
1 days on market
6247 Sugartree Ave, Las Vegas, NV 89141
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,740 sqft
$429,000
Jun 1, 2026
$247/sqft
1 days on market
4479 Honey Hills Ave, Las Vegas, NV 89141
Market Benchmark

Sold at market average

3 beds2 baths1,328 sqft
$345,000
Jun 1, 2026
$260/sqft
121 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

-$1,050/mo
89141 Avg Rent
89141 Cost to Own
Rent$2,355
Own$3,405

20% down, 6.67% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

89141 Avg nightly rate
89141 Avg occupancy (days/year)
Nightly rate$254/night
Occupancy195 of 365 days

Data Sources

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

Report generated: 8/19/2026

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