Your Local Market Report

Las Vegas, NV

Single-Family Homes

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Las Vegas, NV

Tue Jun 09 2026
This week the median list price for Las Vegas, NV is $575,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 4,271. Click here to stay informed with the Las Vegas market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Las Vegas, NV

Tue Jun 09 2026
This week the median list price for Las Vegas, NV is $575,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 4,271. Click here to stay informed with the Las Vegas market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Las Vegas market.
Median List Price $575,000
Median Price of New Listings $515,000
Per Square Foot $277
Average Days on Market 156
Median Days on Market 63
Price Decreased 36%
Price Increased 2%
Relisted 18%
Inventory 4,271
Median Rent
Market Action 34
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
$1,362,499 3,737 0.25 - 0.5 acre 4 3.5 20 62 83 84
$679,999 2,561 6,500 - 8,000 sqft 4 3 21 78 104 63
$510,000 2,007 4,500 - 6,500 sqft 3 2.5 23 98 109 56
$399,999 1,495 0 - 4,500 sqft 3 2 29 131 160 49