Las Vegas, NV 89144 Real Estate Market Report

ZIP Code: 89144
Report Date: May 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.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. The primary indicator of market value is the median sold price $619,000, which anchors recent transaction activity and suggests realized market value is materially lower than asking levels where the median listing price $949,900 sits pricing friction — sellers should expect negotiation pressure and buyers may have increased leverage given the divergence between asking and sold prices.

2. The market shows slower sales velocity: the median days on market is 325, which indicates elongated time-to-contract and softening liquidity; agents should price competitively and stage listings to reduce time on market, while buyers can allow for contingency and inspection windows.

3. Price momentum retains positive signals: the price year-over-year trend is up and the market temperature is neutral, suggesting controlled appreciation without overheating up; sellers can still capitalize on modest gains but should avoid aggressive premium pricing.

4. Rental fundamentals present supportive context for investors: the median price per square foot is $313 and the median market rent is $2,100, while the rent year-over-year trend is up and interest rate pressure is moderate — this combination suggests rental demand is strengthening enough to underpin hold strategies, but financing costs should be stress-tested before acquisition.

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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.

Las Vegas, NV 89144 Real Estate Market Report

ZIP Code: 89144
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The primary market value is the $344,948 median sold price, which indicates the representative recent sale level and, given the neutral market temperature, suggests pricing is tracking moderately upward without overheating.

2. There is a visible gap between the $375,000 median listing price and the $344,948 median sold price, which may indicate pricing friction or seller expectations above transaction levels and appears to be contributing to slower sales velocity given the 372 median days on market.

3. Median price per square foot at $272 combined with a $1,750 median market rent and an up rent year-over-year trend suggests stable rental support for valuations, but investors should note that rental growth is moderate rather than aggressive.

4. Price momentum is up year-over-year while overall market temperature is described as neutral; this combination implies balanced conditions where buyer leverage may be increasing and liquidity appears moderate, so sellers should be cautious with aggressive pricing and buyers may find selective opportunities.

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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.