Las Vegas, NV Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Las Vegas, NV is a cooling market — favorable for buyers.
- •Prices have declined 2.4% — a strong buyer's market with room to negotiate.
- •Price-to-rent ratio: 20.7 — buying and renting are roughly comparable.
Median Home Value
$427,633
ZHVI
Year-over-Year
-2.4%
Price change
5-Year Change
+34.2%
Since 2021
Median Rent
$1,720/mo
ZORI
Active Listings
94
For sale
State Avg
$442,655
Nevada
Home Value Trends
5-year Zillow Home Value Index for Las Vegas, NV vs. state and national averages.
Rent Data
Median Rent
$1,720/mo
Rent YoY Change
-0.3%
Other Markets in Nevada
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.