Your Local Market Report

Las Vegas, NV

Single-Family Homes

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Las Vegas, NV

Wed Sep 30 2026
This week the median list price for Las Vegas, NV is $549,900 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 4,990. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Las Vegas, NV

Wed Sep 30 2026
This week the median list price for Las Vegas, NV is $549,900 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 4,990. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Las Vegas market.
Median List Price $549,900
Median Price of New Listings $504,995
Per Square Foot $270
Average Days on Market 154
Median Days on Market 70
Price Decreased 41%
Price Increased 1%
Relisted 18%
Inventory 4,990
Median Rent
Market Action 31
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
$1,299,000 3,684 0.25 - 0.5 acre 4 3.5 21 54 85 105
$639,900 2,501 4,500 - 6,500 sqft 4 3 21 79 82 70
$489,900 1,960 4,500 - 6,500 sqft 3 2.5 24 93 82 63
$390,000 1,485 0 - 4,500 sqft 3 2 29 118 119 56