The Downtown Las Vegas housing market is somewhat competitive. The median sale price of a home in Downtown Las Vegas was $369K last month, up 8.5% since last year. The median sale price per square foot in Downtown Las Vegas is $263, down 19.6% since last year.
What is the housing market like in Downtown Las Vegas today?
In February 2025, Downtown Las Vegas home prices were up 8.5% compared to last year, selling for a median price of $369K. On average, homes in Downtown Las Vegas sell after 72 days on the market compared to 47 days last year. There were 47 homes sold in February this year, down from 54 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$369,000
+8.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Las Vegas, NV
$369,000
+8.5%
United States
To compare other locations to the Downtown Las Vegas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. 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.
Work with the best agents in Downtown Las Vegas
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How hot is the Downtown Las Vegas housing market?
Downtown Las Vegas is somewhat competitive. Homes sell in 59 days.
0
100
39
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 4% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 30 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.7%
-1.4 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Las Vegas, NV
96.7%
-1.4 pt
United States
View houses in Downtown Las Vegas that sold recently
Learn about schools in the Downtown Las Vegas area
Elementary
Middle
High
GreatSchools Rating
5/10
Howard E Hollingsworth Elementary School
Public • PreK-5
528
Students
3 reviews
5/10
Crestwood Elementary School
Public • PreK-5
615
Students
6 reviews
2/10
Halle Hewetson Elementary School
Public • PreK-5
713
Students
3 reviews
2/10
John S Park Elementary School
Public • PreK-5
572
Students
9 reviews
NR
Biltmore Continuation High School
Public • N/A
38
Students
2 reviews
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 Downtown Las Vegas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Las Vegas.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Las Vegas has a minor risk of flooding. 0 properties in Downtown Las Vegas are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Downtown Las Vegas. Flood risk is increasing slower than the national average.
Downtown Las Vegas has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown 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.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Las Vegas has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Las Vegas have a Severe Heat Factor®.
Downtown Las Vegas is expected to see a 142% increase in the number of days over 107ºF over the next 30 years. Downtown Las Vegas is expected to experience 6