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Las Vegas

Why you'd want to live in Las Vegas

Las Vegas has a reputation as an adults-only playground, thanks to an iconic stretch of Las Vegas Boulevard. However, just beyond the Strip, residents enjoy pleasant suburban communities, world-class restaurants and beautiful parks undisturbed by the glare of neon lights. Cultural institutions like the Smith Center for the Performing Artsand numerous museums offer quiet alternatives to the Strip, while nearby state and national parks – including Lake Mead, Red Rock Canyon National Conservation Area, Spring Mountain Ranch State Park and Valley of Fire State Park – offer ample opportunities to enjoy the outdoors. via realestate.usnews.com

Las Vegas Market Report

$736,888

AVERAGE PRICE OF 8,875 HOMES

$467,880

AVERAGE PRICE OF 120 DISTRESSED HOMES

$2,630,433

AVERAGE PRICE OF 1,128 MULTI-MILLION DOLLAR HOMES

$973,741

AVERAGE PRICE OF 596 NEWLY BUILT HOMES

$1,290,133

AVERAGE PRICE OF 1,996 HOMES WITH A POOL

$611,353

AVERAGE PRICE OF 490 REDUCED PRICE HOMES

Average Home

Average Price $736,888
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $309,074
2 bedrooms $403,967
3 bedrooms $556,214
4 bedrooms $866,900
5 bedrooms $1,261,144
Las Vegas Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 8,309 7,909 7,354 7,628 7,965
Average Price $744,015 $739,692 $741,867 $742,242 $750,647
Avg Price Change +0.58% -0.29% -0.05% -1.13% +0.03%
Median Price $461,198 $459,628 $459,857 $457,814 $460,916
Med Price Change +0.34% -0.05% +0.45% -0.68% -0.38%
Avg Bedrooms 2.93 beds 2.92 beds 2.9 beds 2.91 beds 2.92 beds
Avg Bathrooms 2.58 baths 2.56 baths 2.55 baths 2.55 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palo Verde 962 $978,664 57 days
Total Homes Average Price Avg Days on Site
All Homes 8,875 $736,888 75 days
Distressed Homes 120 $467,880 134 days
Multi-Million Dollar Homes 1,128 $2,630,433 112 days
Newly Built Homes 596 $973,741 76 days
Homes with a Pool 1,996 $1,290,133 63 days
Reduced Price Homes 490 $611,353 53 days
Sphere Real Estate
Misty Marshall
7885 W Sunset Rd Ste 130
Las Vegas, NV 89113
702-701-1038

UP5DB701E1507748.jpgThe 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. The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. GLVAR MLS deems information reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
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