Las Vegas, NV Home Values & Market Trends
Real estate market trends reflect that there have been 28,662 transactions over the past year in Las Vegas. The median value for residential home transactions that occurred over the previous year is $405,609.74. The number of current listings in Las Vegas is 3,722, and the percentage of properties for sale in the city is 3722.00%. Las Vegas, NV currently has 929 properties in foreclosure, 45 bank owned properties, 244 properties headed for auction, and 3,722 properties for sale.
Las Vegas, NV Real Estate Market Overview
Zip | Median Est. Value | Zip | Median Est. Value |
---|---|---|---|
89135 | $ 791,381 $ 349/sqft | 89120 | $ 418,000 $ 223/sqft |
89103 | $ 282,780 $ 273/sqft | 89178 | $ 480,715 $ 230/sqft |
89122 | $ 345,000 $ 230/sqft | 89183 | $ 420,227 $ 240/sqft |
89131 | $ 585,597 $ 233/sqft | 89118 | $ 314,832 $ 253/sqft |
89117 | $ 515,199 $ 251/sqft | 89138 | $ 822,734 $ 346/sqft |
89121 | $ 330,000 $ 215/sqft | 89102 | $ 372,360 $ 248/sqft |
89108 | $ 357,900 $ 242/sqft | 89119 | $ 229,900 $ 225/sqft |
89123 | $ 431,267 $ 255/sqft | 89115 | $ 310,734 $ 206/sqft |
89149 | $ 447,000 $ 242/sqft | 89169 | $ 230,000 $ 231/sqft |
89166 | $ 491,190 $ 229/sqft | 89145 | $ 386,196 $ 248/sqft |
89129 | $ 462,028 $ 240/sqft | 89142 | $ 325,000 $ 220/sqft |
89141 | $ 632,450 $ 251/sqft | 89101 | $ 345,450 $ 323/sqft |
89113 | $ 574,888 $ 280/sqft | 89144 | $ 605,325 $ 294/sqft |
89134 | $ 512,500 $ 296/sqft | 89156 | $ 340,000 $ 207/sqft |
89147 | $ 373,697 $ 258/sqft | 89104 | $ 381,800 $ 241/sqft |
89109 | $ 620,000 $ 409/sqft | 89146 | $ 415,726 $ 230/sqft |
89139 | $ 536,802 $ 224/sqft | 89106 | $ 321,291 $ 229/sqft |
89110 | $ 347,351 $ 229/sqft | 89158 | $ 698,000 $ 897/sqft |
89148 | $ 538,619 $ 246/sqft | 89143 | $ 447,056 $ 215/sqft |
89128 | $ 359,568 $ 244/sqft | 89179 | $ 415,217 $ 234/sqft |
89130 | $ 430,000 $ 231/sqft | 89124 | $ 611,542 $ 294/sqft |
89107 | $ 349,313 $ 236/sqft | 89161 | $ 1,449,000 $ 490/sqft |
Housing Market Summary for Las Vegas, NV
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $438.7K | $413.2K | -5.82% |
Median Sold Price | $405.9K | $413.2K | 1.81% |
Homes For Sale | 4,178 | 3,496 | -16.32% |
Homes Sold | 18,144 | 17,609 | -2.95% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Las Vegas, NV
Browse Homes in Las Vegas, NV
Las Vegas home values range from $23,976 to $68,048,140. The median estimated value of a home in Las Vegas is $405,609.74. The median list price of a home is 435,268.316, and the total count of properties in the city is 498,899.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in Las Vegas, NV with 89117 containing 49 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 44 zips within Las Vegas, NV; of those zips, the estimated home value for pre-foreclosure homes ranges from $3,903,165 in 89138 to the lowest home value of $125,021 in 89169.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Las Vegas, NV ranges from the highest value of $393,302 in 89141 to the lowest value of $166,250 in 89169. Bank owned homes and properties account for 0.01% of properties in Las Vegas, NV. There are 44 zips within Las Vegas, NV; 89145 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions89108 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Las Vegas, NV. Auction homes and other auction properties account for 0.05% of all properties in Las Vegas, NV. There are 44 zips within Las Vegas, NV; of those zips, the median estimated home value for homes going to auction ranges from $462,750 in 89113 to the lowest value of $44,164 in 89113.
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Guide for Las Vegas, NV
Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.
Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.
The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.
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