Is Clark, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clark has remained a Seller's Market.
Key Takeaway
Clark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clark, NV
How much do homes in Clark, NV cost?
Median Sold Price
$534,273
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clark have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Clark was $534,273 in May 2024, up 3.7% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $200K | +48.1% |
| 2 Bedrooms | $402.6K | $428.7K | +6.5% |
| 3 Bedrooms | $478.7K | $496.7K | +3.7% |
| 4 Bedrooms | $611.1K | $649.8K | +6.3% |
| 5+ Bedrooms | $785K | $850K | +8.3% |
Summary: Clark housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
| Clark | $514.9K | $534.2K | +3.7% |
| Henderson | $459.9K | $474.7K | +3.2% |
| North Las Vegas | $398.8K | $400K | 0.3% |
| Boulder City | $473.5K | $425K | -10.2% |
Housing Supply in Clark, NV
How many homes are available in Clark, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,692 | 1,809 | +6.9% |
Summary: The Clark real estate market had 1,809 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 8 | -27.3% |
| 2 Bedrooms | 337 | 335 | -0.6% |
| 3 Bedrooms | 687 | 733 | +6.7% |
| 4 Bedrooms | 436 | 476 | +9.2% |
| 5+ Bedrooms | 221 | 257 | +16.3% |
Summary: The Clark housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 16.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 450 | 483 | +7.3% |
Asking Price vs. Sold Price
282 Homes Were Sold
Under Asking
100 Homes Were Sold
At Asking
101 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clark, you may be able to get a good deal. 58.4% of homes here sold below asking price last month.
Summary: A total of 483 homes were sold or pending in Clark in May 2024, up by 7.3% month-over-month. Of the 483 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Clark, NV
How long does it take to sell a home in Clark, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 35 Days | -29.9% |
Summary: Homes in Clark had an average of 35 days on market in May 2024, down by 29.9% compared to last year.
Breakdown of Home Sale Times
310 Homes Were Sold
Under 30 Days
123 Homes Were Sold
In 30 - 90 Days
50 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clark are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 483 homes were sold in Clark; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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.