Homes For Sale in Las Vegas, NV

Las Vegas, NV Real Estate Market Insight

The housing market in Las Vegas is somewhat competitive. The median sale price of a home in Las Vegas was $430K last month, a notable increase of 11.6% since last year. The median sale price per square foot in Las Vegas is $248, an increase of 7.8% since last year. In February 2024:


Median Sale Price


# of Homes Sold


Median Days on Market

Las Vegas, NV Real Estate FAQs

Everything you need to know about Las Vegas, NV real estate.

Las Vegas is a fantastic place to live due to its affordable housing and living expenses, absence of state income tax, consistently warm weather, and abundant recreational activities.

While certain day-to-day expenses in Las Vegas, like gas, car insurance, food, and housing, exceed the national average, the city remains more budget-friendly compared to neighboring Western cities such as Los Angeles, San Diego, and San Francisco.

As per a recent analysis conducted by SmartAsset, to maintain a comfortable standard of living in Las Vegas, a single adult should earn upwards of $94,000 annually, equating to an hourly wage of $45.40.

In a study conducted by Empower, a financial services firm in 2023, Las Vegas was identified as the leading retirement destination due to its affordability, tax advantages for retirees, accessibility to healthcare, and, notably, its consistent sunshine throughout the year.

Purchasing a home in Las Vegas comes with its advantages. With its comparatively reasonable cost of living and the prospect of property value appreciation, there are numerous appealing aspects to living in the city. Whether you're in the market for a single-family home, Las Vegas provides a diverse range of options to suit various preferences and financial plans.

Acquiring a house in Nevada is straightforward as long as you've organized your finances, maintain a favorable credit score, and possess a preapproval letter for a mortgage.

In their latest report, Las Vegas Realtors observed that the market is being influenced by limited inventory and elevated interest rates. Based on housing market data, the average price for a single-family home stands at approximately $821,000, while condos and townhouses average around $335,000.

On average, a home remains on the market for 51 days, marking a decrease of 20 days compared to the same period last year. Redfin reports that the majority of individuals relocating to Las Vegas between December 2023 and February are originating from Los Angeles (6,135), trailed by San Francisco (1,762), Seattle (1,155), and San Diego (705).

Map of Las Vegas, NV Homes For Sale

For Sale
Under Contract
Active Under Contract
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The Jarnagin & the Kohler Group

With a combined experience of over 35 years, Rex Jarnagin and Kari Kohler stand as leaders in the real estate market, specializing in Chicago, Denver and Las Vegas. Recognized among the top 1% of agents nationwide, our success is driven by an unparalleled work ethic, intuitive nature, and seamless teamwork. Clients trust our expertise, resulting in tailored solutions and a remarkable sales volume exceeding $700 million. In this competitive market, experience matters, and we invite you to let our proven track record work for you.