Las Vegas, NV Housing Market

The Las Vegas housing market is somewhat competitive. Homes in Las Vegas receive 2 offers on average and sell in around 36 days. The median sale price of a home in Las Vegas was $450K last month, up 7.5% since last year. The median sale price per square foot in Las Vegas is $258, up 3.6% since last year.

Las Vegas Housing Market Trends

What is the housing market like in Las Vegas today?

In July 2024, Las Vegas home prices were up 7.5% compared to last year, selling for a median price of $450K. On average, homes in Las Vegas sell after 36 days on the market compared to 35 days last year. There were 968 homes sold in July this year, up from 893 last year.

Median Sale Price +7.5% year-over-year # of Homes Sold +8.4% year-over-year Median Days on Market +1 year-over-year All Home Types 1 year 3 years 5 years Median Sale Price Median Sale Price (All Home Types) +7.5% YoY | Jul 2024 Based on Redfin calculations of home data from MLS and/or public records. Las Vegas, NV 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 1% lower 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.

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How hot is the Las Vegas housing market?

Las Vegas is somewhat competitive. Homes sell in 35 days. 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

Compare With Nearby Cities 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

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

Sale-to-List Price -0.097 pt year-over-year Homes Sold Above List Price -2.2 pt year-over-year Homes with Price Drops +7.7 pt year-over-year All Home Types 1 year 3 years 5 years Sale-to-List Price Sale-to-List Price (All Home Types) -0.097 pt YoY | Jul 2024 Based on Redfin calculations of home data from MLS and/or public records. Las Vegas, NV United States

Las Vegas Migration & Relocation Trends

In Jun '24 - Aug '24 , 33 % of Las Vegas homebuyers searched to move out of Las Vegas , while 67 % looked to stay within the metropolitan area.

Where are people moving to Las Vegas from? Where are people from Las Vegas moving to? Moving to Las Vegas Moving from Las Vegas Number of People Moving to Las Vegas People are moving to Las Vegas from Jun '24 - Aug '24 People are leaving Las Vegas for Jun '24 - Aug '24 Methodology

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

Offer Not Accepted | 11 Weeks Ago ~ $700K Offer Sold for $700K 3 bd | 3.25 ba | ~ 2,500 sqft Under List Price Days on Market Competing Offers Down Payment Fernanda Kriese Las Vegas Redfin Agent seller decided to proceed with another property at this time. Offer Not Accepted | 11 Weeks Ago ~ $275K Offer Sold for $300K 2 bd | 2.5 ba | ~ 1,250 sqft Under List Price Days on Market Competing Offers Down Payment Tzahi Arbeli Las Vegas Redfin Agent Offer Not Accepted | 12 Weeks Ago ~ $350K Offer Sold for $375K 3 bd | 1.75 ba | ~ 1,250 sqft Over List Price Days on Market Competing Offers Down Payment Jenna O’Grady Las Vegas Redfin Agent

View houses in Las Vegas that sold recently

Recently sold homes

Photo of 4238 Lemay St #2, Las Vegas, NV 89115

SOLD SEP 9, 2024 $319,375 Last Sold Price 1,180 sq ft 4238 Lemay St #2, Las Vegas, NV 89115 List Price Sale to List 0% over list Days on Market 4238 Lemay St #2, Las Vegas, NV 89115

Photo of 7975 Laurena Ave Unit N/A, Las Vegas, NV 89147

SOLD SEP 9, 2024 $340,000 Last Sold Price 1,287 sq ft 7975 Laurena Ave Unit N/A, Las Vegas, NV 89147 List Price Sale to List 3% over list Days on Market 7975 Laurena Ave Unit N/A, Las Vegas, NV 89147

Photo of 1612 Walnut Falls Ct, North Las Vegas, NV 89030

SOLD SEP 9, 2024 $364,405 Last Sold Price 1,480 sq ft 1612 Walnut Falls Ct, North Las Vegas, NV 89030 List Price Sale to List 0% over list Days on Market 1612 Walnut Falls Ct, North Las Vegas, NV 89030

Photo of 3451 Golden Chariot Ave, Las Vegas, NV 89106

SOLD SEP 9, 2024 $370,185 Last Sold Price 1,476 sq ft 3451 Golden Chariot Ave, Las Vegas, NV 89106 List Price Sale to List 0% over list Days on Market 3451 Golden Chariot Ave, Las Vegas, NV 89106

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SOLD SEP 9, 2024 3D WALKTHROUGH $1,225,000 Last Sold Price 3,191 sq ft 12392 Aster Hills Ave, Las Vegas, NV 89138 List Price Sale to List 2% under list Days on Market 12392 Aster Hills Ave, Las Vegas, NV 89138

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SOLD SEP 9, 2024 $500,000 Last Sold Price 1,944 sq ft 9025 Ellenbrook St, Las Vegas, NV 89148 List Price Sale to List 0% over list Days on Market 9025 Ellenbrook St, Las Vegas, NV 89148

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SOLD SEP 9, 2024 $175,000 Last Sold Price 3831 Daisy St #23, Las Vegas, NV 89119 List Price Sale to List 0% over list Days on Market 3831 Daisy St #23, Las Vegas, NV 89119

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SOLD SEP 9, 2024 $575,000 Last Sold Price 2,900 sq ft 6451 Parrot Ridge Ct, Las Vegas, NV 89139 List Price Sale to List 0% over list Days on Market 6451 Parrot Ridge Ct, Las Vegas, NV 89139 See all recently sold homes in Las Vegas . See listings

Las Vegas top 10 neighborhood and home rankings

See the top-ranked neighborhoods and homes in Las Vegas

10 most bikeable neighborhoods in Las Vegas

10 most walkable neighborhoods in Las Vegas

10 most transit-friendly neighborhoods in Las Vegas

10 most affordable homes in Las Vegas

10 most expensive homes in Las Vegas

10 most popular homes in Las Vegas

Schools in Las Vegas

Learn about schools in the Las Vegas area GreatSchools Rating Billy And Rosemary Vassiliadis Elementary School Public • PreK-5 Walter Bracken Elementary School Public • PreK-5 17 reviews Theron H & Naomi D Goynes Elementary School Public • PreK-5 13 reviews James Bilbray Elementary School Public • PreK-5 14 reviews d'Vorre & Hall Ober Elementary School Public • PreK-5 33 reviews Only showing 5 of 100+ elementary schools.

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.

Flood Factor - Minor

1% of properties are at risk of severe flooding over the next 30 years

Flood Factor

flood factor score logo

Las Vegas has a minor risk of flooding. 595 properties in Las Vegas are likely to be severely affected

by flooding over the next 30 years. This represents 1% of all properties in Las Vegas . Flood risk is increasing slower than the national average.

Fire Factor - Major

34% of properties are at risk of wildfire over the next 30 years

Fire Factor

fire factor score logo

Las Vegas has a major risk of wildfire. There are 77,276 properties in Las Vegas that have some risk of being affected by wildfire over the next 30 years. This represents 34% of all properties in Las Vegas .

Wind Factor - Minimal

Las Vegas has minimal risk of severe winds over the next 30 years

Wind Factor

wind factor score logo

Las Vegas has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.

Heat Factor - Severe

94% of properties are at severe risk of heat over the next 30 years

Heat Factor

heat factor score logo

Las Vegas has a severe risk from heat. This is due to "feels like" temperatures increasing, and because 94% of homes in Las Vegas have a Severe Heat Factor® .

Las Vegas is expected to see a 157 % increase in the number of days over 105 ºF over the next 30 years. Las Vegas is expected to experience 9

this year, and 18 days above 105 ºF in 30 years. Provided by First Street Foundation

Transportation in Las Vegas

Learn about the walkability, bikeability, and transit-friendliness of Las Vegas Car-Dependent

Walk Score ®

Some Transit

Transit Score ®

Somewhat Bikeable

Bike Score ®

More real estate resources for Las Vegas

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