Is Clark, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark is a neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Clark is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Clark, NV

How much do homes in Clark, NV cost?

Median Sold Price

$545,434

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$33,853(+6.6%)

Key Takeaway

Homes in Clark have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Clark was $545,434 in September 2024, up 6.6% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $137K$138.9K
+1.4%
2 $410K$435K
+6.1%
3 $472.1K$510K
+8.0%
4 $609.1K$660K
+8.3%
5+ $769.8K$946.3K
+22.9%

Summary: Clark housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Clark
+6.6%
Henderson
+6.5%
North Las Vegas
+5.1%
Boulder City
0.0%

Housing Supply in Clark, NV

How many homes are available in Clark, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1,7601,898+7.8%

Summary: The Clark real estate market had 1,898 homes for sale in September 2024, a 7.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 2120
-4.8%
2 300336
+12.0%
3 691724
+4.8%
4 485513
+5.8%
5+ 263305
+16.0%

Summary: The Clark housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 16%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
373285-23.6%

Asking Price vs. Sold Price

172 Homes Were Sold
Under Asking

75 Homes Were Sold
At Asking

38 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark, you may be able to get a good deal. 60.4% of homes here sold below asking price last month.

Summary: A total of 285 homes were sold or pending in Clark in September 2024, down by 23.6% month-over-month. Of the 285 sold homes, 60% were sold under asking, 26% were sold at asking, and 13% 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

Sep 2023Sep 2024CHANGE
38 Days39 Days+3.4%

Summary: Homes in Clark had an average of 39 days on market in Sep 2024, up by 3.4% compared to last year.

Breakdown of Home Sale Times

153 Homes Were Sold
Under 30 Days

105 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clark are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 285 homes were sold in Clark; 54% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Clark, NV

Nearby Markets to Clark, NV

What housing markets are near Clark, NV?