Las Vegas, NV Home Values & Market Trends

Real estate market trends reflect that there have been 27,864 transactions over the past year in Las Vegas. The median value for residential home transactions that occurred over the previous year is $444,578. The number of current listings in Las Vegas is 4,683, and the percentage of properties for sale in the city is 4683.00%. Las Vegas, NV currently has 843 properties in foreclosure, 44 bank owned properties, 198 properties headed for auction, and 4,683 properties for sale.

Las Vegas, NV Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
89121

$ 374,900

$ 215/sqft

89183

$ 425,000

$ 259/sqft

89117

$ 549,394

$ 272/sqft

89109

$ 582,450

$ 399/sqft

89108

$ 365,000

$ 253/sqft

89120

$ 464,950

$ 238/sqft

89103

$ 293,804

$ 277/sqft

89145

$ 424,900

$ 272/sqft

89149

$ 541,386

$ 249/sqft

89107

$ 360,888

$ 238/sqft

89141

$ 707,000

$ 264/sqft

89119

$ 223,500

$ 233/sqft

89129

$ 476,558

$ 249/sqft

89142

$ 365,785

$ 219/sqft

89122

$ 365,000

$ 236/sqft

89156

$ 352,450

$ 230/sqft

89123

$ 439,900

$ 273/sqft

89169

$ 258,079

$ 252/sqft

89147

$ 403,535

$ 262/sqft

89101

$ 372,000

$ 325/sqft

89113

$ 575,000

$ 277/sqft

89102

$ 369,900

$ 259/sqft

89131

$ 559,950

$ 246/sqft

89118

$ 359,950

$ 252/sqft

89148

$ 549,450

$ 258/sqft

89104

$ 389,215

$ 230/sqft

89134

$ 510,827

$ 311/sqft

89115

$ 325,000

$ 230/sqft

89135

$ 750,733

$ 369/sqft

89144

$ 611,500

$ 302/sqft

89128

$ 358,000

$ 256/sqft

89106

$ 330,825

$ 248/sqft

89139

$ 525,000

$ 239/sqft

89146

$ 450,000

$ 249/sqft

89178

$ 510,000

$ 248/sqft

89158

$ 598,631

$ 760/sqft

89138

$ 900,000

$ 373/sqft

89179

$ 469,941

$ 244/sqft

89166

$ 500,137

$ 234/sqft

89143

$ 462,148

$ 241/sqft

89130

$ 431,500

$ 246/sqft

89124

$ 761,334

$ 375/sqft

89110

$ 360,285

$ 240/sqft

89161

$ 1,012,677

$ 454/sqft

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Housing Market Summary for Las Vegas, NV

Dec 2023November 2024Change
Median Listing Price$429.2K$446.5K4.02%
Median Sold Price$414.1K$440.6K6.41%
Homes For Sale3,3314,63139.03%
Homes Sold18,33120,27210.59%
Price
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Homes For Sale
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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 $41,185 to $35,976,176. The median estimated value of a home in Las Vegas is $444,578. The median list price of a home is 445,324.16, and the total count of properties in the city is 26,395.

Foreclosure
There are 44 zips within Las Vegas, NV; within these zips, the median estimated home value for homes in foreclosure ranges from $1,414,071 in 89119 to the lowest value of $118,652 in 89119. Foreclosure homes account for 3.00% of properties in Las Vegas, NV with 89178 containing 65 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.28% of all residential properties in Las Vegas, NV with 89178 containing 53 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 $821,057 in 89138 to the lowest home value of $150,803 in 89115.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Las Vegas, NV ranges from the highest value of $405,897 in 89141 to the lowest value of $171,366 in 89115. Bank owned homes and properties account for 0.17% of properties in Las Vegas, NV. There are 44 zips within Las Vegas, NV; 89107 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    89121 has 12 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 0.75% 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 $1,225,113 in 89139 to the lowest value of $118,652 in 89139.
Homes for Sale
Homes and properties that are actively listed for sale account for 17.74% of residential properties in Las Vegas, NV with 89121 containing 190 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 $1,012,677 in 89161 to the lowest value of $95,000 in 89107.
    Sold Homes
    The median value for recently sold homes ranges from $1,696,005 in 89161 to the lowest price of $41,185 in 89161. There are 44 zips within Las Vegas, NV. 89148 has 797 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 75.87% of properties in Las Vegas, NV.

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      Guide for Las Vegas, NV

      Pennsylvania
      Las Vegas Market Report – April 2024
      Nevada
      A Review of Las Vegas Housing Trends, 2023
      Nevada
      Reno Real Estate Rises: Averaging $670K in May 2024 Amidst Varied Regional Trends
      Nevada
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      See More Articles
      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024
      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024
      Reno Real Estate Rises: Averaging $670K in May 2024 Amidst Varied Regional Trends
      Nevada|posted 14 June 2024
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Nevada|posted 17 April 2024