Phoenix, AZ vs Las Vegas, NV: housing market comparison
A side-by-side look at home prices, how fast homes sell, and whether each market currently favors buyers or sellers — using the most recent data, updated weekly.
Quick take: Las Vegas has the lower median sale price ($440,000). Phoenix currently gives buyers more negotiating room, with more months of supply.
| Metric | Phoenix, AZ | Las Vegas, NV |
|---|---|---|
| Median sale price | $460,900 | $440,000 |
| Median list price | $498,750 | $475,000 |
| Days on market | 62 days | 83 days |
| Months of supply | 4.5 mo | 4.4 mo |
| Market verdict | Leaning buyer's | Leaning buyer's |
| Year-over-year price | -2.4% | -0.2% |
See full data for each city: Phoenix, AZ and Las Vegas, NV. For how we classify buyer's vs seller's markets, see our methodology.
Want to compare different cities? Use our interactive comparison tool to line up any markets side by side.
Figures reflect aggregated public data and update weekly. Not investment, financial, or real estate advice.