3 minutes on RocketTour
$4,394 Closing Credit¹
#2669844, Molly Rhyan Schwartz, Listing Office: Redfin
Las Vegas Housing Market Report March 2025•Clark County, Nevada
Housing Prices in Las Vegas, NV
How much do homes in Las Vegas, NV cost?
Housing Market Conditions
Is Las Vegas, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Las Vegas is a Seller's Market
Difference Since March 2024
Since last year, Las Vegas has remained a Seller's Market.
Insight
Las Vegas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$439,328$257/SqFt
+$29,417
+7.2%
Based on all homes sold in the last 12 months
Insight
Homes in Las Vegas have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Las Vegas was $439,328 in March 2025, up 7.2% from last year, and the median price per square foot was $257.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Las Vegas | $409.9K | $439.3K | +7.2% |
| Clark | $529.1K | $560.5K | +5.9% |
| North Las Vegas | $399.9K | $415.6K | +3.9% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $200K | $207K | +3.5% |
| 22 Bedrooms | $285K | $303K | +6.3% |
| 33 Bedrooms | $399.9K | $421.7K | +5.4% |
| 44 Bedrooms | $504.9K | $534.6K | +5.9% |
| 55+ Bedrooms | $678.1K | $728.6K | +7.4% |
Summary: Las Vegas housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.5%. The home price for 2 bedroom homes increased by +6.3%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes increased by +7.4%.
How does Las Vegas, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Las Vegas, NV
Housing supply in Las Vegas, NV
How many homes are available in Las Vegas, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9,111Last MonthMar 2025 | ||
| 7,7862 months agoFeb 2025 | +17.0 % Change MoMFeb – Mar |
Summary: The Las Vegas real estate market had 9,111 homes for sale in Mar 2025, a 17.0 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,669Last MonthMar 2025 | ||
| 1,4462 months agoFeb 2025 | +15.4 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 386 | 453 | +17.4% |
| 22 Bedrooms | 1,865 | 2,177 | +16.7% |
| 33 Bedrooms | 2,824 | 3,312 | +17.3% |
| 44 Bedrooms | 1,909 | 2,172 | +13.8% |
| 55+ Bedrooms | 802 | 997 | +24.3% |
Summary: Las Vegas housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +17.4%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +17.3%. The inventory for 4 bedroom homes increased by +13.8%. The inventory for 5 bedroom homes increased by +24.3%.
Asking Price vs. Sold Price
How much do homes in Las Vegas, NV cost?
Over Asking Price325 Homes
At Asking Price417 Homes
Under Asking Price927 Homes
Insight
If you're buying a home in Las Vegas, you may be able to get a good deal. 55.5% of homes here sold below asking price last month.
Summary: A total of 1,669 homes were sold or pending in Las Vegas in March 2025, up by 15.4% month-over-month. Of the 1669 sold homes, 56% were sold under asking, 25% were sold at asking, and and 19% were sold over asking.
Days on Market for Las Vegas, NV
How long does it take to sell a home in Las Vegas, NV?
Breakdown of Home Sale Times
Under 30 Days928 Homes
30 – 90 Days484 Homes
Over 90 Days256 Homes
Insight
Many homes in Las Vegas are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 1669 homes were sold in Las Vegas; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 42 DaysThis YearMar 2025 | ||
| 38 Days1 year agoMar 2024 | +10.5 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Las Vegas had an average listing age of 42 days in Mar 2025, up by 10.5% compared to the previous year.
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Newest Listings in Las Vegas, NV
What homes are available in Las Vegas, NV?
3 minutes on Rocket
#2670258, Shannon A. Luke, Listing Office: Douglas Elliman of Nevada LLC
9 minutes on Rocket
$4,156 Closing Credit¹
#2670668, Melissa DeSimone, Listing Office: Signature Real Estate Group
21 minutes on Rocket
$8,016 Closing Credit¹
#2670446, Mindy M. Peterson, Listing Office: Real Broker LLC
21 minutes on Rocket
$6,294 Closing Credit¹
#2669648, Nicholas Guidice, Listing Office: Huntington & Ellis, A Real Est
43 minutes on RocketTour
$8,491 Closing Credit¹
#2669804, Teresa Lynn, Listing Office: Keller Williams Realty Las Veg
54 minutes on Rocket
$3,444 Closing Credit¹
#2670648, Jeannie Wey, Listing Office: POA Commercial
54 minutes on Rocket
$2,969 Closing Credit¹
#2670659, Javier M. Mendez, Listing Office: LPT Realty, LLC
54 minutes on RocketTour
$5,641 Closing Credit¹
#2670697, Rosemarie Huffman, Listing Office: ERA Brokers Consolidated
54 minutes on RocketTour
$7,066 Closing Credit¹
#2670578, Veronica Kyle, Listing Office: Simply Vegas
1 hour on Rocket
$6,757 Closing Credit¹
#2670665, Tina M. Chan, Listing Office: APEX Realty LLC
1 hour on Rocket
$7,719 Closing Credit¹
#2670392, Robin I. Smith, Listing Office: Keller Williams Realty Las Veg
Nearby markets
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 04/01/2023 - 04/01/2025
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. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/2/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.