By Cody Moore
July 27, 2026
Nevada REALTOR® #S.0178922
Condos make up a small but distinct slice of the housing stock in North Las Vegas. This overview covers current condo market data for both the 89032 and 89031 zip codes, pulled directly from Las Vegas REALTORS® (LVR) as of June 2026, for buyers and sellers weighing this property type specifically. For general market context, see my 89032 Housing Market Report.
Market Snapshot
Condos are a much smaller segment of the market in both zip codes compared to single-family homes and townhomes, which shows up clearly in the closed sales figures below. The data in this post reflects a single point in time and will shift as listings turn over, which is worth keeping in mind when reading any of the figures that follow.
89032 Condo Data
As shown above, the median sales price in 89032 was $208,000 in June 2026, down 14.2% from a year earlier. Active listings stood at 8 units, up 14.3% year over year, while the median time on market reached 70 days, up 133.3%, and months supply climbed to 5.4, up 74.2%.
New listings in 89032 totaled 23 for the month, down 14.8% year over year, while closed sales came in at just 9, down 43.8%. The median price per square foot was $199, down 6.6% from a year earlier. Together, these figures point to a segment where fewer condos are changing hands than a year ago, and the ones that do sell are generally taking meaningfully longer to do so.
89031 Condo Data
As shown above, the median sales price in 89031 was $255,000 in June 2026, down 15.0% from a year earlier. Active listings stood at 7 units, down 12.5% year over year, while the median time on market was 29 days, up 26.1%, and months supply was 2.8, down 15.2%.
New listings in 89031 totaled 25 for the month, down 26.5% year over year, while closed sales held up better at 19, down only 5.0%. The median price per square foot was $237, down 8.1% from a year earlier. For broader context on this zip code beyond condos specifically, my 89031 Zip Code Overview covers housing, amenities, and local services.
What the Data Suggests
89032 Looks Softer Right Now
Based on this snapshot, the 89032 condo segment shows a longer median time on market and a higher months-supply figure than 89031, which generally points to more buyer leverage in that specific zip code at this specific point in time. This isn't a judgment about the neighborhoods themselves, just a read of the current numbers.
89031 Is Moving Faster, Relatively Speaking
89031's closed sales held up closer to year-ago levels, and its months-supply figure actually declined, suggesting a tighter, faster-moving segment than 89032 at the moment, even as its median price also declined year over year.
Both zips saw new listings and median price decline compared to a year ago, which is consistent with a broader cooling pattern rather than something isolated to one specific area.
HOA Basics for Condo Buyers
Nearly every condo in North Las Vegas is governed by a homeowners association, since shared building structures and common areas generally require one. Dues vary widely depending on what a specific building or community covers, from basic exterior maintenance to amenities like a pool or gated access. My HOA Fees, Taxes and Key Costs hub covers the broader fee structure that applies here.
Reviewing a specific building's HOA budget and reserve study before an offer, rather than after, generally gives a clearer picture of whether dues are likely to increase in the near future.
What This Means for Buyers
Limited Inventory Means Less Selection
With active listings in the single digits in both zip codes, buyers specifically set on a condo may have to widen their search criteria or timeline compared to shopping for a single-family home in the same area, simply due to the smaller pool of available units at any given time. Checking back periodically as new listings come on, rather than relying on a single search done weeks earlier, generally makes sense given how thin this segment currently is.
Buyers open to a similar attached-home option with different HOA dynamics may also want to review my Townhomes in North Las Vegas Under $400,000 post, which covers a related but distinct property type in the same general area.
Coordinating a home search with the broader logistics of a move is generally easier when both are planned together rather than treated as separate tasks.
Buyers relocating from out of state may find my Las Vegas Valley Relocation Checklist useful for the broader moving timeline this fits into.
What This Means for Sellers
Limited inventory can work in a seller's favor in principle, but the longer days-on-market figures in this snapshot, particularly in 89032, suggest pricing and presentation still matter as much as ever in this segment.
Have HOA Documents Ready
Sellers listing a condo generally benefit from having current HOA documents and dues statements ready early in the process, since buyers and their agents commonly request this information before or shortly after an offer is accepted. My Seller's Guide covers additional preparation steps worth handling before a home goes on the market.
Frequently Asked Questions
Are there many condos for sale in North Las Vegas?
Inventory is limited. As of June 2026, active condo listings numbered 8 in the 89032 zip code and 7 in the 89031 zip code, according to LVR data, a relatively small pool compared to single-family homes in the same zips.
What's the median condo price in North Las Vegas?
As of June 2026, the median sales price was $208,000 in the 89032 zip code and $255,000 in the 89031 zip code, according to LVR data. Both figures were down from a year earlier.
How long do condos typically stay on the market in these zip codes?
As of June 2026, the median days on market was 70 days in 89032 and 29 days in 89031, according to LVR data. Both figures increased from a year earlier, though the increase was more pronounced in 89032.
Do condos in North Las Vegas have HOA dues?
Yes. Condos are governed by a homeowners association in nearly all cases, and dues vary by community based on the specific amenities and services covered.
Considering a Condo in North Las Vegas?
As a licensed Nevada REALTOR® with Berkshire Hathaway HomeServices Nevada Properties, I can help you find current condo listings in 89032 or 89031 that fit your budget.
Discuss Your Home Buying Timeline
Sources: LVR InfoSparks, Condominium property type, 89032 and 89031 zip codes, June 2026 data. Figures are pulled directly from the LVR MLS aggregate statistics tool and are not independently publicly linkable, consistent with the same proprietary-data exception applied to other market-data posts on this blog. Market conditions, pricing, and inventory change regularly; verify current figures directly with a licensed agent before making a decision. This post is for general informational purposes only.
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