Las Vegas, NV Home Values & Market Trends

Real estate market trends reflect that there have been 28,838 transactions over the past year in Las Vegas. The median value for residential home transactions that occurred over the previous year is $405,561.88. The number of current listings in Las Vegas is 3,495, and the percentage of properties for sale in the city is 3495.00%. Las Vegas, NV currently has 771 properties in foreclosure, 51 bank owned properties, 252 properties headed for auction, and 3,495 properties for sale.

Las Vegas, NV Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
89135

$ 747,466

$ 343/sqft

89138

$ 819,102

$ 337/sqft

89108

$ 352,814

$ 231/sqft

89115

$ 317,889

$ 213/sqft

89121

$ 332,956

$ 210/sqft

89178

$ 493,350

$ 227/sqft

89103

$ 266,974

$ 265/sqft

89119

$ 219,750

$ 218/sqft

89123

$ 418,044

$ 256/sqft

89183

$ 431,138

$ 235/sqft

89122

$ 334,747

$ 227/sqft

89118

$ 299,616

$ 252/sqft

89131

$ 548,775

$ 234/sqft

89120

$ 418,000

$ 226/sqft

89117

$ 499,832

$ 264/sqft

89102

$ 357,672

$ 254/sqft

89129

$ 454,656

$ 237/sqft

89156

$ 347,861

$ 197/sqft

89141

$ 599,999

$ 255/sqft

89144

$ 580,455

$ 292/sqft

89166

$ 488,000

$ 224/sqft

89169

$ 234,000

$ 225/sqft

89147

$ 380,000

$ 247/sqft

89101

$ 335,063

$ 308/sqft

89149

$ 500,299

$ 240/sqft

89142

$ 337,914

$ 231/sqft

89113

$ 595,000

$ 267/sqft

89145

$ 412,500

$ 256/sqft

89134

$ 493,560

$ 297/sqft

89104

$ 369,120

$ 236/sqft

89110

$ 359,705

$ 229/sqft

89146

$ 442,900

$ 242/sqft

89139

$ 554,822

$ 231/sqft

89106

$ 306,594

$ 220/sqft

89109

$ 575,000

$ 365/sqft

89158

$ 824,000

$ 806/sqft

89107

$ 348,593

$ 235/sqft

89143

$ 491,370

$ 225/sqft

89128

$ 319,900

$ 246/sqft

89179

$ 466,649

$ 237/sqft

89148

$ 501,291

$ 247/sqft

89124

$ 700,000

$ 299/sqft

89130

$ 430,000

$ 238/sqft

89161

$ 1,449,000

$ 490/sqft

See More

Housing Market Summary for Las Vegas, NV

Feb 2023January 2024Change
Median Listing Price$434.7K$413.7K-4.84%
Median Sold Price$406.8K$413.7K1.70%
Homes For Sale4,3673,435-21.34%
Homes Sold18,12718,004-0.68%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Las Vegas, NV

Las Vegas home values range from $23,976 to $68,048,140. The median estimated value of a home in Las Vegas is $405,561.88. The median list price of a home is 429,914.286, and the total count of properties in the city is 498,761.

Foreclosure
There are 44 zips within Las Vegas, NV; within these zips, the median estimated home value for homes in foreclosure ranges from $1,154,079 in 89115 to the lowest value of $41,717 in 89115. Foreclosure homes account for 0.00% of properties in Las Vegas, NV with 89178 containing 47 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Las Vegas, NV with 89178 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 44 zips within Las Vegas, NV; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,204,689 in 89145 to the lowest home value of $94,773 in 89169.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Las Vegas, NV ranges from the highest value of $345,040 in 89141 to the lowest value of $166,250 in 89169. Bank owned homes and properties account for 0.01% of properties in Las Vegas, NV. There are 44 zips within Las Vegas, NV; 89109 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    89123 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Las Vegas, NV. Auction homes and other auction properties account for 0.05% of all properties in Las Vegas, NV. There are 44 zips within Las Vegas, NV; of those zips, the median estimated home value for homes going to auction ranges from $850,000 in 89124 to the lowest value of $41,717 in 89124.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.70% of residential properties in Las Vegas, NV with 89135 containing 137 homes for sale, the highest number of listed properties in a single zip. There are 44 zips within Las Vegas, NV; homes for sale in those zips, have a range of median values from $1,800,000 in 89161 to the lowest value of $60,500 in 89106.
    Sold Homes
    The median value for recently sold homes ranges from $5,967,094 in 89161 to the lowest price of $24,523 in 89161. There are 44 zips within Las Vegas, NV. 89148 has 794 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.52% of properties in Las Vegas, NV.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Las Vegas, NV
      $
      $

      Guide for Las Vegas, NV

      Nevada
      A Review of Las Vegas Housing Trends, 2023
      Pennsylvania
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      A nice veranda
      Auction
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      See More Articles
      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024

      Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.

      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Pennsylvania|posted 5 February 2024

      The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.

      A nice veranda
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Auction|posted 27 February 2024

      Buying your dream real estate at auction is tricky. Here are some quick tips to give you an edge.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.