Las Vegas - NV housing market

The typical home value ($429,591) is the Zillow Home Value Index for the Las Vegas - NV metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 2.8% over the past year. A home worth $441,966 last year is now worth roughly $429,591.

The median sale price, what homes actually close for, is $426,028. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Las Vegas - NV sit on the market for roughly 33 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,205 new listings hit the market each month in Las Vegas - NV. There are currently 13,051 homes for sale, up 0.8% from a year ago.

The typical monthly rent in Las Vegas - NV is $1,747, up 0.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 20.5x, renting territory (#46 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,209 a month in principal and interest, $462 more than renting before taxes, insurance and upkeep. The two break even at a 4.53% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →