Las Vegas, NV Home Values & Market Trends

Real estate market trends reflect that there have been 46,310 transactions over the past year in Las Vegas. The median value for residential home transactions that occurred over the previous year is $414,060.85. The number of current listings in Las Vegas is 4,015, and the percentage of properties for sale in the city is 64.64%. Las Vegas, NV currently has 2,196 properties in foreclosure, 72 bank owned properties, 294 properties headed for auction, and 4,015 properties for sale.

Housing Market Summary for Las Vegas, NV

Apr 2022April 2023Change
Median Listing Price$490.1K$400.6K-18.25%
Median Sold Price$416.1K$400.6K-3.70%
Homes For Sale3,0454,23238.98%
Homes Sold29,69617,734-40.28%
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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%.

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Browse Homes in Las Vegas, NV

Las Vegas home values range from $37,730 to $88,315,638. The median estimated value of a home in Las Vegas is $414,060.85. The median list price of a home is 435,557.077, and the total count of properties in the city is 497,861.

Foreclosure
There are 47 zips within Las Vegas, NV; within these zips, the median estimated home value for homes in foreclosure ranges from $7,188,038 in 89123 to the lowest value of $58,084 in 89123. Foreclosure homes account for 0.00% of properties in Las Vegas, NV with 89141 containing 111 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.37% of all residential properties in Las Vegas, NV with 89141 containing 103 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 47 zips within Las Vegas, NV; of those zips, the estimated home value for pre-foreclosure homes ranges from $7,188,038 in 89135 to the lowest home value of $58,084 in 89123.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Las Vegas, NV ranges from the highest value of $5,404,488 in 89134 to the lowest value of $161,052 in 89156. Bank owned homes and properties account for 0.01% of properties in Las Vegas, NV. There are 47 zips within Las Vegas, NV; 89117 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    89122 has 16 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 0.06% of all properties in Las Vegas, NV. There are 47 zips within Las Vegas, NV; of those zips, the median estimated home value for homes going to auction ranges from $2,801,587 in 89135 to the lowest value of $103,602 in 89135.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.81% of residential properties in Las Vegas, NV with 89135 containing 190 homes for sale, the highest number of listed properties in a single zip. There are 47 zips within Las Vegas, NV; homes for sale in those zips, have a range of median values from $9,045,069 in 89135 to the lowest value of $78,800 in 89106.
    Sold Homes
    The median value for recently sold homes ranges from $27,966,931 in 89135 to the lowest price of $54,642 in 89135. There are 47 zips within Las Vegas, NV. 89113 has 882 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.13% of properties in Las Vegas, NV.

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