Los Angeles - CA vs Las Vegas - NV: 2026 Housing Comparison

What this means for buyers

Los Angeles - CA is roughly 125% more expensive than Las Vegas - NV in typical home value. Homes sit on market longer in Las Vegas - NV (38 days vs 26), suggesting more buyer leverage there. Las Vegas - NV sees more listings with price cuts (30.3% vs 24.4%), a sign of softening seller expectations.

Los Angeles vs Las Vegas: what the numbers say

At today's 7.24% average 30-year rate with 20% down, the typical home would cost about $5,179 a month in principal and interest in Los Angeles and $2,304 in Las Vegas, a gap of $2,875 a month.

Typical rent runs $2,929 in Los Angeles and $1,732 in Las Vegas, so the mortgage payment alone is 1.8 times rent in Los Angeles and 1.3 times rent in Las Vegas, before taxes and insurance.

Home prices are 27.0 years of rent in Los Angeles and 20.3 in Las Vegas; the lower ratio in Las Vegas means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -0.2% in Los Angeles and -3.4% in Las Vegas; over just the last three months the change was +0.3% in Los Angeles and -0.8% in Las Vegas.

Homes sell for 99.9% of list price in Los Angeles and 98.1% in Las Vegas, after 26 and 38 days on the market, with price cuts on 24% and 30% of listings. All three signs point the same way: buyers have more room to negotiate in Las Vegas.

The number of homes for sale is down 0% on a year ago in Los Angeles and up 2% on a year ago in Las Vegas.

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.