$4,750 Closing Credit*
$400,000
1,583 SqFt
3 Beds
•2 Full Baths
Ashley Morales, Listing Office: My Home Group
Is North Las Vegas, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Las Vegas has remained a Seller's Market.
Key Takeaway
North Las Vegas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Las Vegas, NV
How much do homes in North Las Vegas, NV cost?
Median Sold Price
$411,585
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,585(+5.5%)
Key Takeaway
Homes in North Las Vegas have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in North Las Vegas was $411,585 in October 2024, up 5.5% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | $172.5K | -18.6% |
| 2 Bedrooms | $320K | $330K | +3.1% |
| 3 Bedrooms | $371.1K | $395K | +6.4% |
| 4 Bedrooms | $418.4K | $440K | +5.2% |
| 5+ Bedrooms | $479.9K | $510K | +6.3% |
Summary: North Las Vegas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in North Las Vegas, NV
How many homes are available in North Las Vegas, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,095 | 1,216 | +11.1% |
Summary: The North Las Vegas real estate market had 1,216 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 101 | 119 | +17.8% |
| 3 Bedrooms | 541 | 585 | +8.1% |
| 4 Bedrooms | 358 | 397 | +10.9% |
| 5+ Bedrooms | 95 | 113 | +18.9% |
Summary: The North Las Vegas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 18.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 243 | 247 | +1.6% |
Asking Price vs. Sold Price
99 Homes Were Sold
Under Asking
96 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Las Vegas, you may be able to get a good deal. 40.1% of homes here sold below asking price last month.
Summary: A total of 247 homes were sold or pending in North Las Vegas in October 2024, up by 1.6% month-over-month. Of the 247 sold homes, 40% were sold under asking, 39% were sold at asking, and 21% were sold over asking.
Days on Market for North Las Vegas, NV
How long does it take to sell a home in North Las Vegas, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 32 Days | +13.6% |
Summary: Homes in North Las Vegas had an average of 32 days on market in Oct 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
159 Homes Were Sold
Under 30 Days
64 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Las Vegas are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 247 homes were sold in North Las Vegas; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% 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.