RealTrends Market Report

Nevada, NV

Single-Family Homes

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Nevada, NV

Tue Sep 15 2026
This week the median list price for Nevada, NV is $554,700 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 9,759. Click here to stay informed with the Nevada market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Nevada, NV

Tue Sep 15 2026
This week the median list price for Nevada, NV is $554,700 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 9,759. Click here to stay informed with the Nevada market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Nevada market.
Median List Price $554,700
Median Price of New Listings $525,000
Per Square Foot $276
Average Days on Market 143
Median Days on Market 70
Price Decreased 40%
Price Increased 1%
Relisted 15%
Inventory 9,759
Median Rent
Market Action 33
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,295,450 3,491 0.25 - 0.5 acre 4 3.5 21 139 160 91
$649,900 2,448 6,500 - 8,000 sqft 4 3 21 169 194 63
$495,000 1,936 4,500 - 6,500 sqft 3 2.5 22 194 200 63
$390,000 1,497 4,500 - 6,500 sqft 3 2 27 197 249 56