Nevada housing market
Statewide listing data for September 2026, the latest month Realtor.com® Economic Research has published, with two years of history. Checked October 26, 2026.
Nevada at a glance
WestSource: Realtor.com® Economic Research (Nevada, September 2026). Asking prices and active listings, not closed sales.
What the data says
- There are 2.2% more homes for sale in Nevada than a year ago.
- The median asking price is down 3.3% from a year ago.
- 24% of active listings have had at least one price reduction.
- The typical listing spends 58 days on the market, 2 days shorter than a year ago.
Repeat sales and appraisals of the same homes, published quarterly with a lag of about two months.
Two-year trend
Median listing price, Nevada
| Period | Value |
|---|---|
| 2024-09-01 | $500K |
| 2024-10-01 | $497K |
| 2024-11-01 | $494K |
| 2024-12-01 | $483K |
| 2025-01-01 | $480K |
| 2025-02-01 | $486K |
| 2025-03-01 | $485K |
| 2025-04-01 | $496K |
| 2025-05-01 | $500K |
| 2025-06-01 | $500K |
| 2025-07-01 | $499K |
| 2025-08-01 | $499K |
| 2025-09-01 | $496K |
| 2025-10-01 | $493K |
| 2025-11-01 | $488K |
| 2025-12-01 | $480K |
| 2026-01-01 | $479K |
| 2026-02-01 | $480K |
| 2026-03-01 | $485K |
| 2026-04-01 | $490K |
| 2026-05-01 | $489K |
| 2026-06-01 | $493K |
| 2026-07-01 | $490K |
| 2026-08-01 | $489K |
| 2026-09-01 | $480K |
Homes for sale, Nevada
| Period | Value |
|---|---|
| 2024-09-01 | 10K |
| 2024-10-01 | 10K |
| 2024-11-01 | 11K |
| 2024-12-01 | 9,728 |
| 2025-01-01 | 9,344 |
| 2025-02-01 | 9,561 |
| 2025-03-01 | 10K |
| 2025-04-01 | 11K |
| 2025-05-01 | 12K |
| 2025-06-01 | 13K |
| 2025-07-01 | 13K |
| 2025-08-01 | 13K |
| 2025-09-01 | 13K |
| 2025-10-01 | 13K |
| 2025-11-01 | 13K |
| 2025-12-01 | 12K |
| 2026-01-01 | 11K |
| 2026-02-01 | 11K |
| 2026-03-01 | 11K |
| 2026-04-01 | 12K |
| 2026-05-01 | 12K |
| 2026-06-01 | 13K |
| 2026-07-01 | 13K |
| 2026-08-01 | 13K |
| 2026-09-01 | 14K |
Listings follow a seasonal pattern each year; compare a month with the same month a year earlier.
Nevada compared with the U.S.
Compare with another state| Measure | Nevada | United States |
|---|---|---|
| Median listing price | $480,000 (−3.3% y/y) | $419,250 (−1.4% y/y) |
| Homes for sale | 13,654 (+2.2% y/y) | 1,161,615 (+5.4% y/y) |
| Median days on market | 58 days (−2 days y/y) | 61 days (Unchanged y/y) |
| Listings with a price cut | 24.4% (+1.8 pts y/y) | 20.8% (+0.9 pts y/y) |
| Median list price per sq ft | $267 (−2.5% y/y) | $223 (−1.7% y/y) |
Sources: Realtor.com® Economic Research (Nevada, September 2026); Realtor.com® Economic Research (United States, September 2026). “y/y” is the change from the same month a year earlier.
An affordability illustration
Run your own numbersThe inputs
- Median listing price (September 2026)$480,000
- Down payment20% ($96,000)
- Loan amount$384,000
- Rate: 30-year fixed, national (Week of Oct 22, 2026)7.32%
- Median household income, Nevada (2025)$88,880
This is an illustration, not a lender calculation. It leaves out property taxes, homeowners insurance, mortgage insurance and HOA dues, which can add several hundred dollars or more a month. The rate is a national average for strong-credit borrowers; your rate may differ.
Sources: Realtor.com® Economic Research (Nevada, September 2026); Freddie Mac Primary Mortgage Market Survey, via FRED, Federal Reserve Bank of St. Louis (United States, Week of Oct 22, 2026); U.S. Census Bureau, Current Population Survey, via FRED, Federal Reserve Bank of St. Louis (Nevada, 2025).
Editor’s notes on Nevada
Written March 2026; conditions may have changedNevada's housing market is driven by California migration and the state's no-income-tax advantage. Las Vegas has dramatically diversified beyond hospitality into tech and logistics (thanks to massive Tesla, Switch, and Amazon presences). Reno has quietly become a significant tech and distribution center.
For buyers
Henderson is consistently ranked among Nevada's best places to live. Summerlin master-planned community in Las Vegas offers strong value and community.
For sellers
No state income tax is a major selling point for California buyers. Highlight this in your marketing.
These notes are background written by our editors in March 2026, before the data above. Where they differ, the dated figures on this page are more current.