Las Vegas - NV vs Nashville - TN: 2026 Housing Comparison

What this means for buyers

Nashville - TN is roughly 6% more expensive than Las Vegas - NV in typical home value. Nashville - TN sees more listings with price cuts (34.2% vs 30.3%), a sign of softening seller expectations.

Las Vegas vs Nashville: what the numbers say

At today's 7.24% average 30-year rate with 20% down, the typical home would cost about $2,304 a month in principal and interest in Las Vegas and $2,447 in Nashville, a gap of $143 a month.

Typical rent runs $1,732 in Las Vegas and $1,803 in Nashville, so the mortgage payment alone is 1.3 times rent in Las Vegas and 1.4 times rent in Nashville, before taxes and insurance.

Home prices are 20.3 years of rent in Las Vegas and 20.7 in Nashville; the lower ratio in Las Vegas means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -3.4% in Las Vegas and -0.7% in Nashville; over just the last three months the change was -0.8% in Las Vegas and -0.0% in Nashville.

Homes sell for 98.1% of list price in Las Vegas and 97.8% in Nashville, after 38 and 39 days on the market, with price cuts on 30% and 34% of listings. All three signs point the same way: buyers have more room to negotiate in Nashville.

The number of homes for sale is up 2% on a year ago in Las Vegas and up 10% on a year ago in Nashville.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-29), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.