The Las Vegas housing market is somewhat competitive. Homes in Las Vegas receive 2 offers on average and sell in around 51 days. The median sale price of a home in Las Vegas was $426K last month, up 10.7% since last year. The median sale price per square foot in Las Vegas is $248, up 7.8% since last year.
What is the housing market like in Las Vegas today?
In February 2024, Las Vegas home prices were up 10.7% compared to last year, selling for a median price of $426K. On average, homes in Las Vegas sell after 51 days on the market compared to 71 days last year. There were 832 homes sold in February this year, up from 822 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$426,250
+10.7% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Las Vegas, NV
$426,250
+10.7%
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 3% higher than the national average. Overall cost of living in Las Vegas is 2% 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 45 days.
0
100
54
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 2% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 17 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|
6 Weeks Ago
~$2.5M Offer
5bd | 4.5ba | ~5,000sqft
Under List Price
4%
Days on Market
20
Competing Offers
0
Down Payment
~30%
Tzahi Arbeli
Las Vegas Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$275K Offer
Sold for $275K
2bd | 2ba | ~1,250sqft
Under List Price
4%
Days on Market
52
Competing Offers
2
Down Payment
~50%
Karen Gradington
Las Vegas Redfin Agent
Offer Not Accepted|
8 Weeks Ago
~$425K Offer
Sold for $425K
4bd | 3ba | ~1,750sqft
Over List Price
1%
Days on Market
34
Competing Offers
1
Down Payment
—
Fernanda Kriese
Las Vegas Redfin Agent
Buyer proceeded with another offer ...................
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Ethel W. Staton Elementary School
Public • PreK-5
785
Students
22 reviews
9/10
James Bilbray Elementary School
Public • PreK-5
723
Students
13 reviews
8/10
John W Bonner Elementary School
Public • PreK-5
869
Students
26 reviews
8/10
Kitty McDonough Ward Elementary School
Public • PreK-5
793
Students
17 reviews
7/10
William Lummis Elementary School
Public • PreK-5
510
Students
13 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.
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.