Housing in Las Vegas, NV

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$430,000

Median List Price

$450,000

Price Per Sq Ft

$247

Days on Market

85

Active Inventory

2,684

Months of Supply

4.4

Balanced market

Zillow Home Value

$420,894

ZHVI — January 2026

Zillow Rent Index

$1,693

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 2.3%List Price ↑ 0.0%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.6%

Off Market in 2 Weeks

21.3%

Sale-to-List Ratio

97.2%

Buyer's market

Sold Above Asking
14.6%
Under Contract in 2 Wks
21.3%
Listings with Price Drops
23.7%

Market Activity

Source: Redfin

Homes Sold

605

New Listings

895

Pending Sales

813

Homes Sold ↓ 29.7%New Listings ↓ 13.9%Pending ↓ 28.7%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$247

Median List $/SF

$263

Sale $/SF ↓ 2.4%List $/SF ↑ 0.0%Mar 24 → Jan 26

Las Vegas vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 500,000 - 1,000,000 residents. Las Vegas is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$395,300

Median Rent

$1,456

Total Housing Units

263,958

Vacancy Rate

7.4%

Owner Occupied

55.7%

Renter Occupied

44.3%

Median Property Tax

$1,985

per year

Monthly Cost (w/ Mortgage)

$1,446

Housing Types

Single Family
67.4%
Multi-Family
31.3%
Mobile Home
1.3%

The current median sale price in Las Vegas, NV is $430,000 according to Redfin data. Homes spend a median of 85 days on the market. 14.6% of homes sold above asking price. The market has 4.4 months of supply. The median price per square foot is $247. Zillow's observed rent index is $1,693/month. About 55.7% of housing units are owner-occupied. The median year homes were built is 1994. There are 263,958 total housing units.