Is Henderson, 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, Henderson has remained a Seller's Market.
Key Takeaway
Henderson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Henderson, NV
How much do homes in Henderson, NV cost?
Median Sold Price
$474,739
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Henderson have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Henderson was $474,739 in May 2024, up 3.2% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $219K | +4.3% |
| 2 Bedrooms | $357.4K | $375K | +4.9% |
| 3 Bedrooms | $437.2K | $449.9K | +2.9% |
| 4 Bedrooms | $555K | $581K | +4.7% |
| 5+ Bedrooms | $715K | $730.5K | +2.2% |
Summary: Henderson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Clark | $514.9K | $534.2K | +3.7% |
| Henderson | $459.9K | $474.7K | +3.2% |
| Boulder City | $473.5K | $425K | -10.2% |
Housing Supply in Henderson, NV
How many homes are available in Henderson, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,880 | 2,044 | +8.7% |
Summary: The Henderson real estate market had 2,044 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 29 | 0.0% |
| 2 Bedrooms | 354 | 376 | +6.2% |
| 3 Bedrooms | 823 | 873 | +6.1% |
| 4 Bedrooms | 447 | 494 | +10.5% |
| 5+ Bedrooms | 227 | 272 | +19.8% |
Summary: The Henderson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 19.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 499 | 511 | +2.4% |
Asking Price vs. Sold Price
279 Homes Were Sold
Under Asking
130 Homes Were Sold
At Asking
102 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Henderson, you may be able to get a good deal. 54.6% of homes here sold below asking price last month.
Summary: A total of 511 homes were sold or pending in Henderson in May 2024, up by 2.4% month-over-month. Of the 511 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.
Days on Market for Henderson, NV
How long does it take to sell a home in Henderson, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 35 Days | -15.1% |
Summary: Homes in Henderson had an average of 35 days on market in May 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
324 Homes Were Sold
Under 30 Days
134 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Henderson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 511 homes were sold in Henderson; 63% of homes were sold within 30 days, 26% 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.