Las Vegas housing market: home prices, trends and forecast
Las Vegas home prices: in September 2026 the Zillow Home Value Index valued a typical Las Vegas, Nevada home at $417,475, −2.8% against a year earlier and −5.3% below the $440,645 peak recorded in August 2022.
- Typical value for a home
- $417,475September 2026, Zillow ZHVI
- Change over 12 months
- −2.8%. Against September 2025.
Las Vegas home prices since 2000
The steel line marks Las Vegas; the grey line marks the United States. In January 2000 a typical Las Vegas home was worth $153,893; it is $417,475 now, a multiple of ×2.71, against ×2.99 for the US in those months. The boom peak was $334,536 in July 2006, and the low was $118,534 in May 2012, −64.6%.
Median home price for each year in Las Vegas
Each year's figure averages the twelve monthly values; in 2026 the latest month is shown.
| Year | Las Vegas | Change on the year | United States |
|---|---|---|---|
| 2000 | $156,395 | $125,745 | |
| 2001 | $165,650 | +5.9% | $134,899 |
| 2002 | $175,978 | +6.2% | $144,276 |
| 2003 | $189,977 | +8.0% | $155,308 |
| 2004 | $239,928 | +26.3% | $169,891 |
| 2005 | $309,486 | +29.0% | $189,732 |
| 2006 | $330,760 | +6.9% | $206,531 |
| 2007 | $317,273 | −4.1% | $208,449 |
| 2008 | $243,525 | −23.2% | $195,574 |
| 2009 | $165,165 | −32.2% | $177,542 |
| 2010 | $137,955 | −16.5% | $171,462 |
| 2011 | $124,953 | −9.4% | $162,508 |
| 2012 | $123,055 | −1.5% | $161,137 |
| 2013 | $155,327 | +26.2% | $171,420 |
| 2014 | $184,281 | +18.6% | $182,996 |
| 2015 | $197,870 | +7.4% | $192,738 |
| 2016 | $211,903 | +7.1% | $204,509 |
| 2017 | $233,491 | +10.2% | $216,767 |
| 2018 | $269,779 | +15.5% | $230,541 |
| 2019 | $290,009 | +7.5% | $242,088 |
| 2020 | $298,827 | +3.0% | $257,151 |
| 2021 | $344,789 | +15.4% | $295,959 |
| 2022 | $421,463 | +22.2% | $340,014 |
| 2023 | $404,836 | −3.9% | $348,160 |
| 2024 | $426,840 | +5.4% | $359,751 |
| 2025 | $433,344 | +1.5% | $362,959 |
| September 2026 | $417,475 | −2.8% | $366,157 |
What a home bought in Las Vegas in any year is worth now
An estimate based on the index for a typical home, rather than an appraisal.
A year's figure averages its twelve monthly index values; the current value is September 2026. Other tools: home appreciation calculator.
Thinking about selling? Compare agents in your area on Realtor.com. Advertising disclosure: links like this one may pay the site, and it never changes a number. Disclosure.
Las Vegas housing market forecast
For the Las Vegas, NV metro, Zillow's forecast shows −1.5% across the 12 months that start in September 2026, and −0.2% across the coming three months. For Las Vegas's typical home worth $417,475, the forecast points to near $411,200 a year from now.
Here, the metro forecast comes from Zillow's central estimate. This site publishes no forecast of its own. Forecasts of this kind over 12 months have typically landed several percentage points away from the realised change, in both directions. This is not investment advice.
One table holds every metro forecast: housing market forecast.
Las Vegas housing market crash risk score
High: 73 of 100
Against the 292 cities, the score ranks Las Vegas on five conditions that were high before past price falls. Every input sits on a 0 to 100 scale measured against the other cities, and the five results carry equal weight in the average. It shows conditions as they are now; no crash prediction comes from it.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +16.4% | 66 | 20% |
| Days on the market vs 2019 | +23.4% | 82 | 20% |
| Price-to-rent ratio | 20.5 | 62 | 20% |
| Price-to-income ratio | 5.3 | 62 | 20% |
| 12-month price change | −2.8% | 93 | 20% |
This is not investment advice. Scoring of the inputs: methodology. Every one of the 292 cities ranked: crash risk by city.
Las Vegas: inventory and days on market
For September 2026 the Las Vegas, NV housing market counted 11,047 homes for sale. The metro total was +6.3% higher than a year earlier and +16.4% higher than in the same month of 2019. The median time to sell a listing was 58 days (+23.4% against 2019), while 25.1% of listings saw a price cut.
| Las Vegas, NV metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 11,047 | +6.3% |
| New listings | 3,130 | |
| Median days on market | 58 | +1.8% |
| Median list price | $464,900 | −2.1% |
| Share with a price cut | 25.1% |
Metro inventory data from Realtor.com® Economic Research. Realtor.com data. All metros: days on market for each city.
Las Vegas cost of living
Asking rent in Las Vegas typically sits at $1,700 a month, according to the Zillow Observed Rent Index, and is up +0.5% year on year. That rent would take 20.5 years to cover the cost of a typical home. Median household income comes to $78,556 (Census ACS 2024), which puts the typical home at 5.3 times a year's income. According to BEA, metro prices sit at 100.2 while the US average is 100, and housing costs reach 115.5.
The salary needed to move there, along with rent and prices: Las Vegas cost of living.
More housing markets in Nevada
- Henderson housing market $478,064.
- Reno housing market $571,562.
- Carson City $500,511
Looking at the whole state: Nevada housing market data.
How to read this chart
Every point shows the Zillow Home Value Index for Las Vegas: what a typical home in the market's middle third was worth, smoothed and seasonally adjusted, in that month's dollars. The hollow dot shows the month picked on the slider, while the terracotta dot shows the latest month. No inflation adjustment is applied to these figures, and an index tracks the typical home rather than a given house: to work out what a single home is worth, take its sale price and the card above it, or use the home appreciation calculator.