Your Weekly Market Report

Las Vegas, NV

Single-Family Homes

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Las Vegas, NV

Mon Jul 13 2026
This week the median list price for Las Vegas, NV is $574,995 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 4,573. 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 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.

Las Vegas, NV

Mon Jul 13 2026
This week the median list price for Las Vegas, NV is $574,995 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 4,573. 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 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 Las Vegas market.
Median List Price $574,995
Median Price of New Listings $535,000
Per Square Foot $275
Average Days on Market 151
Median Days on Market 63
Price Decreased 38%
Price Increased 2%
Relisted 16%
Inventory 4,573
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
$1,300,000 3,691 0.25 - 0.5 acre 4 3.5 21 56 76 91
$669,900 2,533 6,500 - 8,000 sqft 4 3 21 87 90 63
$500,000 2,010 4,500 - 6,500 sqft 4 2.5 23 87 105 56
$399,900 1,496 0 - 4,500 sqft 3 2 29 103 136 49