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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henderson is a seller's market

Buyer's
Market

Difference Since October 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

$480,214

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,987(+6.7%)

Key Takeaway

Homes in Henderson have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Henderson was $480,214 in October 2024, up 6.7% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $205K$227K
+10.7%
2 $360.1K$380.3K
+5.6%
3 $429.9K$455.2K
+5.9%
4 $554.9K$587.4K
+5.9%
5+ $699.9K$740K
+5.7%

Summary: Henderson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Cities

Clark
+7.1%
Henderson
+6.7%
Boulder City
-3.1%

Housing Supply in Henderson, NV

How many homes are available in Henderson, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2,0692,265+9.5%

Summary: The Henderson real estate market had 2,265 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3035
+16.7%
2 360411
+14.2%
3 900972
+8.0%
4 513558
+8.8%
5+ 266289
+8.6%

Summary: The Henderson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 8.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
417435+4.3%

Asking Price vs. Sold Price

241 Homes Were Sold
Under Asking

124 Homes Were Sold
At Asking

70 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. 55.4% of homes here sold below asking price last month.

Summary: A total of 435 homes were sold or pending in Henderson in October 2024, up by 4.3% month-over-month. Of the 435 sold homes, 55% were sold under asking, 29% were sold at asking, and 16% 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

Oct 2023Oct 2024CHANGE
37 Days36 Days-0.4%

Summary: Homes in Henderson had an average of 36 days on market in Oct 2024, down by 0.4% compared to last year.

Breakdown of Home Sale Times

246 Homes Were Sold
Under 30 Days

145 Homes Were Sold
In 30 - 90 Days

44 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 October 2024, 435 homes were sold in Henderson; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% 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 8 Days Ago

Newest Listings in Henderson, NV

Nearby Markets to Henderson, NV

What housing markets are near Henderson, NV?