Market Report — July 2026
The Las Vegas Valley housing market
Updated monthly. A look at where prices, inventory, and rates stand across the valley — and how the luxury, condo, and new-construction segments compare.
$482K
Median price
6,140
Active inventory
34
Avg. days on market
6%
30-yr rate
+4.3%
YoY price change
Median price, trailing 12 months
Active inventory, trailing 12 months
By segment
How different parts of the market compare
Overall market
$482K
+3.1% YoY
6,140 active
The valley-wide median across all property types, the headline number most reports lead with.
Luxury ($1M+)
$1.65M
+5.4% YoY
410 active
Concentrated in Southern Highlands, MacDonald Highlands, Red Rock Country Club, and top Summerlin estates.
Condos & high-rises
$335K
+1.8% YoY
890 active
Strip-adjacent and downtown condo towers, generally the most rate-sensitive segment of the market.
New construction
$505K
+2.6% YoY
1,240 active
Active building in Inspirada, Skye Canyon, Mountain's Edge, and Summerlin's Redpoint villages.
Related reading
Make sense of the numbers
Moving to Las Vegas: A First-Timer's Guide
Everything to know before you move to the Las Vegas Valley — from choosing a side of town to understanding how the area actually lives day to day.
May 4, 2026
A First-Time Buyer's Guide to the Las Vegas Market
The basics of buying your first home in the Las Vegas Valley — from loan types to what actually moves the needle in a competitive offer.
February 10, 2026