Phoenix - AZ vs Las Vegas - NV: 2026 Housing Comparison

Side-by-side housing data for Phoenix - AZ, AZ and Las Vegas - NV, NV - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Phoenix - AZ
Las Vegas - NV
Typical home value (ZHVI)
$447,054
$430,436
Year-over-year change
-1.7%
-2.9%
Median list price
$491,000
$459,933
Days on market (median)
34 days
31 days
% of listings with price cut
33.3%
28.3%

What this means for buyers

Phoenix - AZ is roughly 4% more expensive than Las Vegas - NV in typical home value. Phoenix - AZ sees more listings with price cuts (33.3% vs 28.3%), a sign of softening seller expectations.

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