Las Vegas, NM

Buyer's market+22.9% YoY

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

Explore nearby cities in NM

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.

Get Las Vegas market alerts

Weekly updates on prices, inventory, and trends. Free forever.