Your Monthly Market Update

Las Vegas, NV 89135

Single-Family Homes

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Las Vegas, NV 89135

Wed Aug 05 2026
This week the median list price for Las Vegas, NV 89135 is $1,374,997 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 238. 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 Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Las Vegas, NV 89135

Wed Aug 05 2026
This week the median list price for Las Vegas, NV 89135 is $1,374,997 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 238. 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 Buyer's Advantage

Market Narrative

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Las Vegas market.
Median List Price $1,374,997
Median Price of New Listings $1,750,000
Per Square Foot $438
Average Days on Market 162
Median Days on Market 84
Price Decreased 34%
Price Increased 1%
Relisted 20%
Inventory 238
Median Rent
Market Action 29
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,750,000 4,615 0.25 - 0.5 acre 4 4.5 10 4 4 98
$1,999,900 3,562 8,000 - 10,000 sqft 4 3.5 12 4 6 98
$799,000 2,486 6,500 - 8,000 sqft 3 2.5 21 4 3 56
$585,000 1,751 4,500 - 6,500 sqft 3 2.5 22 3 6 70