Median Home Price
$438K
$248/sqft
YoY Appreciation
+3.8%
Year-over-year
Days on Market
28d
Median DOM
Inventory
2.8mo
Low
List-to-Sale
97%
Avg ratio
Cash Buyers
28%
of all sales
📰
Nevada Market Overview
Nevada'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.
🏠 Buyer Insight
Henderson is consistently ranked among Nevada's best places to live. Summerlin master-planned community in Las Vegas offers strong value and community.
📋 Seller Insight
No state income tax is a major selling point for California buyers. Highlight this in your marketing.
🏙️
Top Cities in Nevada
| City | Median Price | YoY Change | Days on Market | Price/Sqft |
|---|---|---|---|---|
| Las Vegas | $428K | +3.8% | 26d | $238 |
| Henderson | $498K | +4.2% | 24d | $268 |
| Reno | $488K | +4.4% | 28d | $278 |
📊
Market Health Indicators
Market Velocity
Active — typical transaction pace
Buyer Competition
Low — below-asking offers common
Inventory Pressure
Low — seller's market conditions
Investment Momentum
3.8% annual appreciation — solid growth
👥
Buyer Demographics
🏠
36%
First-Time Buyers
of all purchases
💵
28%
Cash Buyers
of all purchases
⏱️
40d
Avg Close Time
from offer to close
⚠️
5.8/10K
Foreclosure Rate
homes in default
🧮
Affordability Calculator — Nevada
Market Characteristics
#no-income-tax#west#california-migration#tech-diversification#gaming
📊 CURRENT RATESMar 9, 2026
30-YR FIXED
—
15-YR FIXED
—
5/1 ARM
—
JUMBO 30-YR
—
WK CHANGE 30-YR:↓ 0.04%
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