| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $397,750 | -18.5% YoY |
| Median price per sq ft | $216 | 1,886 sq ft median |
| Median days on market | 58 | -21% YoY |
| Active listings | 89 | +23% YoY |
| New listings this month | 30 | June 2026 |
| Listings with a price cut | 7% | Share of active |
| Median sale price (closed) | $145,000 | -55.4% YoY |
| Sale-to-list ratio | 96.2% | Closed sales |
Metropolitan market · New Mexico · June 2026 data
Las Vegas Real Estate Market
As of June 2026, the median home listed in Las Vegas, NM asks $397,750 — down 18.5% year over year. Homes sell in a median of 58 days, with 89 active listings and 7% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$397,750
▼ 18.5% YoY
Median $ / sq ft
$216
1,886 sq ft median
Median days on market
58
June 2026
Active listings
89
For sale now
New listings
30
June 2026
Listings with price cuts
7%
Share of active
Median sale price (closed)
$145,000
▼ 55.4% YoY · closed sales
Sale-to-list ratio
96.2%
Closed sales
Homes sold / month
10
Closed sales
Las Vegas housing market statistics
The table summarizes Las Vegas's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Las Vegas?
Las Vegas home prices are down 18.5% year over year and -0.6% month over month as of June 2026, at a $397,750 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Las Vegas NM · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Las Vegas NM · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Las Vegas?
Las Vegas has 89 active listings, 30 new this month, 25 pending as of June 2026. About 7% of active listings have cut their price, and inventory sits at 45% of its 2019 level — a balanced market by pace.
Is Las Vegas a good real estate investment?
Las Vegas scores 38/100 on WealthyBud's composite Investor Score, ranking #711 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
38/100
#711 of 932 covered metros
Las Vegas scores 38/100 on our composite Investor Score (#711 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 45% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 18.5% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Las Vegas ranks on the trending markets index.
How much is a monthly mortgage payment in Las Vegas?
A home at Las Vegas's $397,750 median listing runs about $1,997 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$1,793/mo
−$204/mo vs today
At today's rate · 6.43%
$1,997/mo
National weekly average
If rates rise 1% · 7.43%
$2,210/mo
+$213/mo vs today
Principal & interest on the $397,750 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Las Vegas housing market?
Longer-run demand in Las Vegas shows up in net migration of -32 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Net migration (2022–2023)
-32
▼ people, via tax-return records
net income flow −$989,000/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadLas Vegas housing market FAQ
What is the median home price in Las Vegas?
As of June 2026, the median listing price in Las Vegas, NM is $397,750, down 18.5% year over year (source: public records and industry data). Figures cover the Las Vegas, NM metro area.
How much does it cost to buy a home in Las Vegas?
The median home listed in Las Vegas asks $397,750 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,997 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Las Vegas?
The median property in Las Vegas spends 58 days on the market, with 89 homes actively listed and 7% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Las Vegas?
With a median 58 days on market and 7% of active listings carrying a price cut, Las Vegas reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Las Vegas a good place to invest in real estate?
Las Vegas scores 38/100 on WealthyBud's Investor Score, ranking #711 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Las Vegas?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Las Vegas and the wider New Mexico market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Las Vegas, NM metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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