Key Market Indicators for Real Estate

  • The average home value in Las Vegas is around $426,948, down ~0.6 % over the past year.  
  • For single-family homes, the median sale price slipped to about $470,000 in September 2025, down ~2.1 % year-over-year.  
  • Inventory is rising: active listings climbed significantly and months of supply are up from roughly 3 to about 4+ months.  
  • A large portion of listings—about 39.7 % of single-family home listings during a recent week—saw price reductions.  
  • Buyer demand remains, but negotiations and selective buying are more common.

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