#2703696, Pierre A. Gendebien, Listing office: Realty ONE Group, Inc
The Strip Housing Market Report June 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 June 2024
At the same time last year, The Strip was a Seller's Market.
The Strip is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in The Strip have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in The Strip was $422,500 in June 2025, down 0.7% from last year, and the median price per square foot was $487.
Median Sold Price By Neighborhoods
City | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
The Strip | $425.5K | $422.5K | -0.7% |
The Signature at MGM Grand | $420K | $401.2K | -4.5% |
Mandarin Oriental Residences | $2.5M | $2.0M | -19.4% |
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $412.5K | $397.5K | -3.6% |
22 Bedrooms | $822.8K | $675K | -18.0% |
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 June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.6%. The home price for 2 bedroom homes decreased by -18.0%. 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 |
---|---|---|
139Last MonthJun 2025 | ||
1112 months agoMay 2025 | +25.2 % Change MoMMay – Jun |
Summary: The The Strip real estate market had 139 homes for sale in Jun 2025, a 25.2 % increase compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJun 2025 | ||
82 months agoMay 2025 | +25.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 81 | 100 | +23.5% |
22 Bedrooms | 29 | 36 | +24.1% |
33 Bedrooms | 1 | 3 | +200.0% |
44 Bedrooms | 0 | 0 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Strip housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +23.5%. The inventory for 2 bedroom homes increased by +24.1%. The inventory for 3 bedroom homes increased by +200.0%. 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 Price1 Home
At Asking Price2 Homes
Under Asking Price7 Homes
If you're buying a home in The Strip, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in The Strip in June 2025, up by 25.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and and 10% 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 Days4 Homes
30 – 90 Days4 Homes
Over 90 Days2 Homes
Many homes in The Strip are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 10 homes were sold in The Strip; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
46 DaysThis YearJun 2025 | ||
32 Days1 year agoJun 2024 | +42.6 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in The Strip had an average listing age of 46 days in Jun 2025, up by 42.6% compared to the previous year.
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MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 07/01/2023 - 07/01/2025

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: 7/24/2025, 11:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.