Lawyers Title Market Report

Henderson, NV

Single-Family Homes

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Henderson, NV

Tue May 28 2024
This week the median list price for Henderson, NV is $670,000 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 781. Click here to stay informed with the Henderson market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Henderson, NV

Tue May 28 2024
This week the median list price for Henderson, NV is $670,000 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 781. Click here to stay informed with the Henderson market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Henderson market.
Median List Price $670,000
Median Price of New Listings $625,000
Per Square Foot $302
Average Days on Market 117
Median Days on Market 42
Price Decreased 38%
Price Increased 9%
Relisted 13%
Inventory 781
Median Rent
Market Action 45
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,755,000 5,037 0.25 - 0.5 acre 4 4.5 16 21 12 77
$800,000 2,708 6,500 - 8,000 sqft 4 3 19 24 25 49
$595,000 2,158 4,500 - 6,500 sqft 3 2.5 18 21 32 35
$439,925 1,561 4,500 - 6,500 sqft 3 2 24 33 47 35