7 hours on RocketTour
#2694702, Emma Aguilar, Listing office: Compass Realty & Management
The Strip Housing Market Report May 2025•Clark County, Nevada
Housing Prices in The Strip, NV
How much do homes in The Strip, NV cost?
Housing Market Conditions
Is The Strip, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
The Strip is a Buyer's Market
Difference Since May 2024
At the same time last year, The Strip was a Seller's Market.
Insight
The Strip is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$410,000$486/SqFt
-$15,500
-3.6%
Based on all homes sold in the last 12 months
Insight
Homes in The Strip have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in The Strip was $410,000 in May 2025, down 3.6% from last year, and the median price per square foot was $486.
Median Sold Price By Neighborhoods
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| The Strip | $425.5K | $410K | -3.6% |
| The Signature at MGM Grand | $420K | $395K | -6.0% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $412.5K | $395K | -4.2% |
| 22 Bedrooms | $785K | $675K | -14.0% |
| 33 Bedrooms | $2.3M | $1.9M | -17.3% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: The Strip housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.2%. The home price for 2 bedroom homes decreased by -14.0%. The home price for 3 bedroom homes decreased by -17.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does The Strip, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
The Strip, NV
Housing supply in The Strip, NV
How many homes are available in The Strip, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 138Last MonthMay 2025 | ||
| 1272 months agoApr 2025 | +8.7 % Change MoMApr – May |
Summary: The The Strip real estate market had 138 homes for sale in May 2025, a 8.7 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthMay 2025 | ||
| 152 months agoApr 2025 | -46.7 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 90 | 97 | +7.8% |
| 22 Bedrooms | 37 | 40 | +8.1% |
| 33 Bedrooms | 0 | 1 | +100.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Strip housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +7.8%. The inventory for 2 bedroom homes increased by +8.1%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in The Strip, NV cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in The Strip, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in The Strip in May 2025, down by 46.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for The Strip, NV
How long does it take to sell a home in The Strip, NV?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in The Strip are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 8 homes were sold in The Strip; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 43 DaysThis YearMay 2025 | ||
| 41 Days1 year agoMay 2024 | +5.8 % Change YoYMay 2024 – May 2025 |
Summary: Homes in The Strip had an average listing age of 43 days in May 2025, up by 5.8% compared to the previous year.
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Newest Listings in The Strip, NV
What homes are available in The Strip, NV?
1 day on RocketTour
$5,569 Closing Credit¹
#2694641, Ehren Alessi, Listing office: LIFE Realty District
1 day on RocketTour
$2,969 Closing Credit¹
#2694607, Daniel Mumm, Listing office: Huntington & Ellis, A Real Est
2 days on RocketTour
$10,000 Closing Credit¹
#2694567, Kristen Routh Silberman, Listing office: Douglas Elliman of Nevada LLC
2 days on RocketTour
$4,453 Closing Credit¹
#2693282, Stephen Ord, Listing office: Keller N Jadd
2 days on RocketTour
$3,978 Closing Credit¹
#2693901, Jim R. Brooks, Listing office: eXp Realty
2 days on RocketTour
$4,156 Closing Credit¹
#2693684, Rebecca R. Hinson, Listing office: Trump International Realty
2 days on RocketTour
$7,648 Closing Credit¹
#2693737, Elijah Rhodes, Listing office: Trump International Realty
2 days on RocketTour
$10,000 Closing Credit¹
#2693780, Rebecca R. Hinson, Listing office: Trump International Realty
2 days on RocketTour
$5,342 Closing Credit¹
#2693266, Jim R. Brooks, Listing office: eXp Realty
3 days on RocketTour
$3,194 Closing Credit¹
#2693752, Douglas Miller, Listing office: Realty ONE Group, Inc
3 days on RocketTour
$4,986 Closing Credit¹
#2693978, Heidi L. Williams, Listing office: THE Brokerage A RE Firm
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 06/01/2023 - 06/01/2025
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: 6/23/2025, 5:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.