- 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.
