Villa Palermo Housing Market Report April 2025•Clark County, Nevada

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Housing Prices in Villa Palermo, NV

How much do homes in Villa Palermo, NV cost?

Housing Market Conditions

Is Villa Palermo, NV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Villa Palermo is a Buyer's Market

Difference Since April 2024

At the same time last year, Villa Palermo was a Seller's Market.

Insight

Villa Palermo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$475,000$338/SqFt
-$54,000
-10.2%

Based on all homes sold in the last 12 months

Insight

Homes in Villa Palermo have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in Villa Palermo was $475,000 in April 2025, down 10.2% from last year, and the median price per square foot was $338.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lake Las Vegas
+5.2%
Villa Palermo
-10.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2$418.5K$460K
+9.9%
3$525K$608.7K
+16.0%
4$1.6M-
N/A
5--
N/A

Summary: Villa Palermo housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.9%. The home price for 3 bedroom homes increased by +16.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Villa Palermo, NV compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Villa Palermo, NV

Housing supply in Villa Palermo, NV

How many homes are available in Villa Palermo, NV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthApr 2025
82 months agoMar 2025
+12.5 %
Change MoMMar – Apr

Summary: The Villa Palermo real estate market had 9 homes for sale in Apr 2025, a 12.5 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
12 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
232
-33.3%
346
+50.0%
411
0.0%
500
0.0%

Summary: Villa Palermo housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +50.0%. 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 Villa Palermo, NV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Villa Palermo, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Villa Palermo in April 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Villa Palermo, NV

How long does it take to sell a home in Villa Palermo, NV?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Villa Palermo has remained consistent over time.

Summary: During April 2025, 1 homes were sold in Villa Palermo; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
64 DaysThis YearApr 2025
7 Days1 year agoApr 2024
+814.3 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Villa Palermo had an average listing age of 64 days in Apr 2025, up by 814.3% compared to the previous year.

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Newest Listings in Villa Palermo, NV

What homes are available in Villa Palermo, NV?

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MLS Disclaimers and Copyright

Based on information from Greater Las Vegas MLS, for the period 05/01/2023 - 05/01/2025

IDX 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: 5/7/2025, 4:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.