Las Vegas, NM
Housing market overview · Updated weekly
$295,000median sale price
Homes sold
5
Last 12 weeks
Days on market
134
Average pace
Active listings
20
4.0 months supply
Sale-to-list
95.0%
Below asking
The Las Vegas housing market is currently classified as a buyer's market with a median sale price of $295,000. Prices have risen 22.9% compared to last year, with homes spending an average of 134 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Las Vegas?
The median home sale price in Las Vegas is $295,000, up 22.9% from last year.
How long do homes stay on market in Las Vegas?
Homes typically spend 134 days on market before going under contract.
Is Las Vegas a buyer's or seller's market?
With 4.0 months of supply, Las Vegas is currently a buyer's market.
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