The Sodhi Group's Market Report

Henderson, NV

Single-Family Homes

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Henderson, NV

Tue May 18 2021
This week the median list price for Henderson, NV is $562,450 with the market action index hovering around 87. This is an increase over last month's market action index of 85. Inventory has increased to 410. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Henderson, NV

Tue May 18 2021
This week the median list price for Henderson, NV is $562,450 with the market action index hovering around 87. This is an increase over last month's market action index of 85. Inventory has increased to 410. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Henderson market.
Median List Price $562,450
Median Price of New Listings $482,499
Per Square Foot $244
Average Days on Market 67
Median Days on Market 14
Price Decreased 14%
Price Increased 12%
Relisted 7%
Inventory 410
Median Rent $2,095
Market Action 87
Strong Seller's Market

The market seems to have paused around its high point. 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
$2,370,000 5,595 0.25 - 0.5 acre 5 4 14 19 9 42
$651,500 2,978 6,500 - 8,000 sqft 4 2 19 36 24 14
$499,000 2,246 4,500 - 6,500 sqft 4 2 16 41 38 7
$364,900 1,612 4,500 - 6,500 sqft 3 1 26 58 52 7