RealTrends Market Report

Nevada, NV

Single-Family Homes

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Nevada, NV

Fri May 08 2026
This week the median list price for Nevada, NV is $575,555 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 8,223. 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

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.

Nevada, NV

Fri May 08 2026
This week the median list price for Nevada, NV is $575,555 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 8,223. 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

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 Nevada market.
Median List Price $575,555
Median Price of New Listings $525,000
Per Square Foot $281
Average Days on Market 150
Median Days on Market 56
Price Decreased 35%
Price Increased 2%
Relisted 14%
Inventory 8,223
Median Rent
Market Action 36
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$1,389,500 3,575 0.25 - 0.5 acre 4 3.5 20 120 148 70
$679,000 2,481 6,500 - 8,000 sqft 4 3 20 164 232 56
$510,000 1,995 4,500 - 6,500 sqft 3 2.5 21 209 249 49
$399,000 1,492 4,500 - 6,500 sqft 3 2 27 208 320 56