Here's where the Las Vegas valley stands this month, broken out by area so you can zero in on exactly where you're buying or selling. The headline: the valley-wide median existing single-family price has eased to $480,000 — down about 2% from the record $490,000 set this spring, and about 1% below a year ago — while closed home sales still ran slightly ahead of last July (up about 1%). So this is a market cooling gently, not falling.
What has changed is pace and leverage. Single-family listings without an offer have climbed to about 7,400 — up roughly 4% from a year ago — leaving the valley with close to a four-month supply, and days on market are up in essentially every area. That's the single most consistent signal in this month's data, and it's the one that matters: buyers finally have time to think and room to ask, while well-priced sellers are still getting strong numbers. Meanwhile mortgage rates held near 6.66% — about where they sat a year ago — which is why payment math, not sticker price, is driving most decisions right now. Jump straight to your area below.
The Valley at a Glance
Market by Area
Median Price $745,000 |
Year over Year ▲ 2.5% YoY |
Avg Days on Market 55 |
Median Price $535,000 |
Year over Year ▼ 1.0% YoY |
Avg Days on Market 57 |
Median Price $482,000 |
Year over Year ▼ 2.0% YoY |
Avg Days on Market 53 |
Median Price $498,000 |
Year over Year ▲ 2.5% YoY |
Avg Days on Market 62 |
Median Price $425,000 |
Year over Year ▲ 0.5% YoY |
Avg Days on Market 47 |
Median Price $378,000 |
Year over Year ▼ 1.0% YoY |
Avg Days on Market 48 |
Neighborhood Deep-Dive
Want to focus on a specific community? Here are detailed reads on the valley's most-requested master plans.
Median $850,000 |
YoY ▼ 2.2% YoY |
Days on Mkt 58 |
Median $599,000 |
YoY ▲ 2.0% YoY |
Days on Mkt 55 |
Median $550,000 |
YoY ▲ 2.2% YoY |
Days on Mkt 47 |
Median $525,000 |
YoY ▲ 1.0% YoY |
Days on Mkt 52 |
Median $592,000 |
YoY ▲ 2.1% YoY |
Days on Mkt 58 |
Median $640,000 |
YoY ▲ 7.2% YoY |
Days on Mkt 56 |
Median $505,000 |
YoY ▼ 1.9% YoY |
Days on Mkt 50 |
Financing & Interest Rates
Rates move the market more than any single statistic — they decide what you can actually afford. Here's where financing stands as of August 27, 2026.
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Conforming Loan Limit
$832,750
Clark County 2026 — loans above this are "jumbo."
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FHA Loan Limit
$541,287
Clark County 2026 — low 3.5% down option.
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On a typical $480,000 valley home with 20% down, the monthly principal & interest is about $2,468 at today's 6.66%. If rates drop a full point, that same home costs roughly $2,219/mo — about $249 less every month. This is why pre-approval and rate timing matter as much as price. (Estimate, P&I only; taxes, insurance & HOA not included.)
Resources & What to Watch
A few trusted links and programs worth bookmarking, whether you're buying, selling, or just keeping an eye on the market.
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Freddie Mac weekly rate survey →
The official source for the national average mortgage rate, updated weekly. -
Nevada Housing Division — Home Is Possible →
Down-payment assistance of up to 4–5% of the loan for qualified Nevada buyers — a grant you don't repay if you stay three years. Minimum 640 FICO (660 conventional); county income limits apply. -
Home At Last (Nevada Rural Housing) →
Down-payment & closing-cost grants up to $22,600 for buyers in qualifying communities. 640+ credit, income under $150K. -
Get pre-approved before you shop →
I'll connect you with trusted local lenders so you know your real budget first.
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Questions on your specific street, builder, or price point? That's exactly what I do. Megan Stephens · Get in touch → |
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10750 W Charleston Blvd #180, Las Vegas, NV 89135
Data compiled from Las Vegas REALTORS® (LVR), Redfin, and area market reports for September 2026. Area and neighborhood figures are single-family only and reflect the most recent complete reporting period available, which lags the valley-wide LVR number by several weeks; some levels differ from prior issues because condo and townhome sales were removed. Rates: Freddie Mac PMMS, Mortgage News Daily, Veterans United and Bankrate as of August 27, 2026. Figures are medians and approximate; individual homes and streets vary widely. Not an appraisal.