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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henderson is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Henderson 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 Henderson, NV

How much do homes in Henderson, NV cost?

Median Sold Price

$481,666

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,854(+6.8%)

Key Takeaway

Homes in Henderson have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Henderson was $481,666 in November 2024, up 6.8% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $210K$220K
+4.8%
2 $364.9K$384.5K
+5.4%
3 $430K$458.7K
+6.7%
4 $555.8K$585.7K
+5.4%
5+ $699.9K$748.2K
+6.9%

Summary: Henderson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 6.9%.

Median Sold Price Compared To Nearby Cities

Clark
+7.4%
Henderson
+6.8%
Boulder City
-2.2%

Housing Supply in Henderson, NV

How many homes are available in Henderson, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2,1122,130+0.9%

Summary: The Henderson real estate market had 2,130 homes for sale in November 2024, a 0.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3132
+3.2%
2 383387
+1.0%
3 923910
-1.4%
4 518515
-0.6%
5+ 257286
+11.3%

Summary: The Henderson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 11.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
449346-22.9%

Asking Price vs. Sold Price

214 Homes Were Sold
Under Asking

85 Homes Were Sold
At Asking

47 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henderson, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 346 homes were sold or pending in Henderson in November 2024, down by 22.9% month-over-month. Of the 346 sold homes, 62% were sold under asking, 25% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
35 Days40 Days+13.7%

Summary: Homes in Henderson had an average of 40 days on market in Nov 2024, up by 13.7% compared to last year.

Breakdown of Home Sale Times

189 Homes Were Sold
Under 30 Days

120 Homes Were Sold
In 30 - 90 Days

37 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 346 homes were sold in Henderson; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 11% 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 23 Days Ago

Newest Listings in Henderson, NV

Nearby Markets to Henderson, NV

What housing markets are near Henderson, NV?