$2,256 Closing Credit*
$190,000
416 SqFt
1 Full Bath
Heide Hanley, Listing Office: Realty ONE Group, Inc
Is Lake Las Vegas, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lake Las Vegas has remained a Buyer's Market.
Key Takeaway
Lake Las Vegas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Las Vegas, NV
How much do homes in Lake Las Vegas, NV cost?
Median Sold Price
$640,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,500(+3.5%)
Key Takeaway
Homes in Lake Las Vegas have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Lake Las Vegas was $640,000 in November 2024, up 3.5% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $241K | -9.1% |
| 2 Bedrooms | $459.5K | $497.4K | +8.3% |
| 3 Bedrooms | $600.9K | $610K | +1.5% |
| 4 Bedrooms | $1.1M | $1.0M | -7.3% |
| 5+ Bedrooms | $1.6M | $2.7M | +74.7% |
Summary: Lake Las Vegas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 74.7%.
Housing Supply in Lake Las Vegas, NV
How many homes are available in Lake Las Vegas, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 187 | 191 | +2.1% |
Summary: The Lake Las Vegas real estate market had 191 homes for sale in November 2024, a 2.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 39 | 39 | 0.0% |
| 3 Bedrooms | 92 | 91 | -1.1% |
| 4 Bedrooms | 41 | 44 | +7.3% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Lake Las Vegas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Las Vegas, you may be able to get a good deal. 94.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Lake Las Vegas in November 2024, up by 28.6% month-over-month. Of the 18 sold homes, 94% were sold under asking, 6% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Las Vegas, NV
How long does it take to sell a home in Lake Las Vegas, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 89 Days | +109.2% |
Summary: Homes in Lake Las Vegas had an average of 89 days on market in Nov 2024, up by 109.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lake Las Vegas has remained consistent over time.
Summary: During November 2024, 18 homes were sold in Lake Las Vegas; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% 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.