The Las Vegas housing market is somewhat competitive. Homes in Las Vegas receive 2 offers on average and sell in around 34 days. The median sale price of a home in Las Vegas was $435K last month, up 9.2% since last year. The median sale price per square foot in Las Vegas is $259, up 9.7% since last year.
What is the housing market like in Las Vegas today?
In April 2024, Las Vegas home prices were up 9.2% compared to last year, selling for a median price of $435K. On average, homes in Las Vegas sell after 34 days on the market compared to 53 days last year. There were 1,023 homes sold in April this year, up from 920 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$435,000
+9.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Las Vegas, NV
$435,000
+9.2%
United States
To compare other locations to the Las Vegas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Las Vegas's median sale price is 2% higher than the national average. Overall cost of living in Las Vegas is 1% lower than the national average. Learn which home features in Las Vegas add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Las Vegas housing market?
Las Vegas is somewhat competitive. Homes sell in 35 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 12 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Las Vegas
Explore recent offers and recently sold homes in Las Vegas
Recent offers
Winning Offer|
8 Weeks Ago
~$450K Offer
3bd | 2.5ba | ~2,000sqft
Over List Price
0%
Days on Market
33
Competing Offers
0
Down Payment
—
Cherra Bergman
Las Vegas Redfin Agent
Offer Not Accepted|
7 Weeks Ago
~$650K Offer
Sold for $650K
4bd | 2.5ba | ~2,500sqft
Under List Price
2%
Days on Market
4
Competing Offers
10
Down Payment
—
Fernanda Kriese
Las Vegas Redfin Agent
this customer had as back up offer due to sellers accepting another offer. The escrow is closing
Offer Not Accepted|
3 Weeks Ago
~$600K Offer
Sold for $600K
5bd | 3.5ba | ~3,000sqft
Over List Price
1%
Days on Market
3
Competing Offers
4
Down Payment
~20%
Cherra Bergman
Las Vegas Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$550K Offer
Sold for $700K
5bd | 3.75ba | ~4,000sqft
Under List Price
19%
Days on Market
189
Competing Offers
0
Down Payment
<10%
Cherra Bergman
Las Vegas Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$600K Offer
Sold for $650K
4bd | 2.5ba | ~2,250sqft
Under List Price
8%
Days on Market
117
Competing Offers
0
Down Payment
—
Fernanda Kriese
Las Vegas Redfin Agent
seller was not open to lower purchase offer amount received - buyer could not go up in price due to interest rates. So we declined counter offer we received. …
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Las Vegas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Las Vegas.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Las Vegas has a minor risk of flooding. 1,665 properties in Las Vegas are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Las Vegas. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
Las Vegas has a major risk of wildfire. There are 56,501 properties in Las Vegas that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in Las Vegas.