$4,512 Closing Credit¹
#2672621, Emma P. Guerra Minero, Listing Office: Advent Realty Elite
Greater Las Vegas Housing Market Report March 2025•Clark County, Nevada
Housing Prices in Greater Las Vegas, NV
How much do homes in Greater Las Vegas, NV cost?
Housing Market Conditions
Is Greater Las Vegas, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Greater Las Vegas is a Neutral Market
Difference Since March 2024
At the same time last year, Greater Las Vegas was a Buyer's Market.
Insight
Greater Las Vegas is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$330,000$252/SqFt
+$20,250
+6.5%
Based on all homes sold in the last 12 months
Insight
Homes in Greater Las Vegas have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Greater Las Vegas was $330,000 in March 2025, up 6.5% from last year, and the median price per square foot was $252.
Median Sold Price By Neighborhoods
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Central Las Vegas | $344.8K | $374.4K | +8.6% |
| Greater Las Vegas | $309.7K | $330K | +6.5% |
| Downtown | $350K | $355K | +1.4% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $305K | - | N/A |
| 33 Bedrooms | $305K | $329.9K | +8.2% |
| 44 Bedrooms | $337K | $319K | -5.3% |
| 55+ Bedrooms | $350K | $393K | +12.3% |
Summary: Greater Las Vegas housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes decreased by -5.3%. The home price for 5 bedroom homes increased by +12.3%.
How does Greater Las Vegas, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Greater Las Vegas, NV
Housing supply in Greater Las Vegas, NV
How many homes are available in Greater Las Vegas, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthMar 2025 | ||
| 102 months agoFeb 2025 | +30.0 % Change MoMFeb – Mar |
Summary: The Greater Las Vegas real estate market had 13 homes for sale in Mar 2025, a 30.0 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthMar 2025 | ||
| 02 months agoFeb 2025 | +100.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 7 | 8 | +14.3% |
| 44 Bedrooms | 2 | 4 | +100.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Greater Las Vegas housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Greater Las Vegas, NV cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Greater Las Vegas, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Greater Las Vegas in March 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.
Days on Market for Greater Las Vegas, NV
How long does it take to sell a home in Greater Las Vegas, NV?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Greater Las Vegas are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 2 homes were sold in Greater Las Vegas; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 83 DaysThis YearMar 2025 | ||
| 12 Days1 year agoMar 2024 | +595.8 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Greater Las Vegas had an average listing age of 83 days in Mar 2025, up by 595.8% compared to the previous year.
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Newest Listings in Greater Las Vegas, NV
What homes are available in Greater Las Vegas, NV?
Tour
$4,156 Closing Credit¹
#2672563, Marja A. Davis, Listing Office: Signature Real Estate Group
Tour
$4,869 Closing Credit¹
#2670674, Adis Y. Fernandez-Laborda, Listing Office: United Realty Group
Backup offersTour
$4,216 Closing Credit¹
#2669484, Marycarmen Ruiz, Listing Office: LIFE Realty District
Backup offersTour
$3,551 Closing Credit¹
#2666568, JC Johnson, Listing Office: Milestone Realty
Tour
$3,681 Closing Credit¹
#2657186, Matthew Larsen, Listing Office: Wardley Real Estate
$3,408 Closing Credit¹
#2652144, Brian C. Horton, Listing Office: Mainstay Brokerage LLC
Tour
$4,144 Closing Credit¹
#2647984, Marisela Mondragon, Listing Office: Realty ONE Group, Inc
Tour
$4,097 Closing Credit¹
#2639203, Sue T. Kamjorn, Listing Office: Realty ONE Group, Inc
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MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 04/01/2023 - 04/01/2025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.