Major metropolitan market · Nevada · June 2026 data

Las Vegas Real Estate Market

The Las Vegas, NV 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
$474,950
▼ 1.1% YoY
Median $ / sq ft
$264
1,797 sq ft median
Median days on market
55
June 2026
Active listings
10,140
For sale now
New listings
3,518
June 2026
Listings with price cuts
23%
Share of active
Median sale price (closed)
$455,000
▲ 1.3% YoY · closed sales
Sale-to-list ratio
98.4%
Closed sales
Homes sold / month
2,602
Closed sales
Median listing price trend
$480K$476K$473K$469K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

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

The 10-year view
$499K$456K$412K$369K '17'18'19'20'21'22'23'24'25'26

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

Supply snapshot
Active listings
10,140
New this month
3,518
Pending
2,797
Price-reduced
2,364

As of June 2026, the median home listed in Las Vegas, NV asks $474,950 — down 1.1% from a year ago. Homes are taking a median of 55 days to go under contract, and 23% of the 10,140 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
42/100
#627 of 932 covered metros
12-month outlook
-2.5%
▼ Cooling · model output, not advice
Price volatility
High
σ 14.1% · 20-yr price-index swings
Momentum
49
Value
12
Rental yield
67
Supply risk
65
Market heat
44

Las Vegas scores 42/100 on our composite Investor Score (#627 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 47% over five years and +126% over ten, leaving prices 101% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,735/mo for a two-bedroom, the gross rental yield on the median listing is about 4.4%; active inventory sits at 102% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 1.1% 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%
$2,141/mo
−$243/mo vs today
At today's rate · 6.43%
$2,384/mo
National weekly average
If rates rise 1% · 7.43%
$2,639/mo
+$254/mo vs today

Principal & interest on the $474,950 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
Building permits (2025)
14,452
▼ 2.0% vs 2024
6.3 per 1,000 residents
Net migration (2022–2023)
+8,928
▲ people, via tax-return records
net income flow +$1185.4M/yr
Job growth (YoY)
+2.1%
▲ 1,183.7k nonfarm jobs · May 2026
Natural-hazard risk
Very High
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.

Las Vegas market news

Las Vegas housing shows record prices and potential shift to sellers, but flat sales and institutional investor activity. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

Client-ready report

Send a branded Las Vegas market report to your clients.

Open report gallery
Find the best in Las Vegas

Las Vegas market FAQs

What is the median home price in Las Vegas?
As of June 2026, the median listing price in Las Vegas, NV is $474,950, down 1.1% year over year (source: public records and industry data).
How fast are homes selling in Las Vegas?
The median property in Las Vegas spends 55 days on the market, with 10,140 homes actively listed and 23% 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 Nevada market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. 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.