Metropolitan market · New Mexico · June 2026 data

Las Vegas Real Estate Market

The Las Vegas, NM housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Las Vegas report in a click.

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
Median listing price trend
$488K$444K$399K$355K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Las Vegas NM · trailing 8 quarters · source: public records and industry data.

The 10-year view
$488K$419K$350K$281K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Las Vegas NM · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
89
New this month
30
Pending
25
Price-reduced
6

As of June 2026, the median home listed in Las Vegas, NM asks $397,750 — down 18.5% from a year ago. Homes are taking a median of 58 days to go under contract, and 7% of the 89 active listings have taken a price cut, which points to a balanced market. Figures cover the Las Vegas, NM metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
38/100
#711 of 932 covered metros
12-month outlook
+0.8%
Flat · model output, not advice
Momentum
50
Value
8
Rental yield
7
Supply risk
9
Market heat
29

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.

What mortgage rates do to the payment
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.

Growth, supply pipeline & risk
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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Las Vegas market FAQs

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 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.
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.
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.