Las Vegas & Southern Nevada Housing Market
The whole Southern Nevada market in plain numbers, updated every month from Las Vegas REALTORS. Last updated: September 2026.
Southern Nevada by the numbers
Data as of September 2026. Source: Las Vegas REALTORS (LVR), September 2026 report.
$470,000
$290,000
2,169
about 5.0
7,995
2,796
Reading the September 2026 market
As of September 2026, the median price of an existing single-family home across Southern Nevada is $470,000 (down 1.1% from August, flat vs a year ago). Condos and townhomes have a median of $290,000 (down 1.4% year over year). About 2,169 existing homes, condos and townhomes sold, with single-family sales down 7.4% year over year and condo sales down 12.6% year over year. Inventory keeps climbing: 7,995 single-family homes (up 6.6% year over year) and 2,796 condos/townhomes (up 7.3% year over year) were listed without offers. At roughly about 5.0 months of supply, the valley is fairly balanced, with a slight edge to buyers — but it shifts a lot by price range, city and neighborhood, which is where a local read matters.
Prices move by city
The valley number hides big gaps between cities. Start with your area, then ask us for the exact medians and we'll pull them from the MLS.
City reports: Boulder City housing market, Enterprise housing market, Paradise housing market
What people ask us
Is it a buyer's or seller's market in Las Vegas right now?
With about about 5.0 months of supply as of September 2026, the valley is fairly balanced, with a slight edge to buyers. Four to six months is generally considered balanced. It changes by price range and neighborhood, so ask us about your target area.
Are Las Vegas home prices going up or down?
As of September 2026, the single-family median is $470,000 — down 1.1% from August and flat vs a year ago. Prices have cooled off the record high as higher interest rates slow sales, but inventory is still below a normal market.
Do you have numbers for my specific city or ZIP code?
These are valley-wide figures from Las Vegas REALTORS, the public monthly report. City- and ZIP-level medians come straight from the MLS — call or text Nate at (702) 213-5555 for a report on your exact area and price range.
What is my home worth in this market?
Start with a free home value estimate, then Nate sends a written range based on homes like yours that actually sold nearby.
Where these numbers come from
Figures are from the Las Vegas REALTORS (LVR), September 2026 report, the official monthly release for the Las Vegas valley. They cover existing home sales across Southern Nevada (Clark County), not new construction or private sales. This page is updated when LVR publishes the next month. LVR statistics.
Talk to Nate directly
No call center and no hand-off to a junior agent. You get Nate Smith, a Henderson-based broker-salesperson with eXp Realty, by phone or text.
Nate Smith, Nevada broker-salesperson, license BS.0144709, with eXp Realty. Equal Housing Opportunity.