Photo: Quintin Soloviev · CC BY 4.070 homes sold in Las Vegas in the last year, at a typical $236K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Las Vegas homes are listed.
Every place Las Vegas homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Las Vegas.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Las Vegas’ sales, at a typical $234K
70 homes sold in the year to May 2026.
typical sale · 68 sold in 12 months
- Per square foot
- $144NM $212
- Days to sell
- 59
- Sold over asking
- 1%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 1 sold, typical $518K
Townhouses: 1 sold, typical $340K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at twice the 2016 price
70 sales in the last year, against 80 in 2021 and a low of 34 in 2014. The typical sale went from $116K in 2016 to $236K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Las Vegas
Check a listing against what Las Vegas homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Las Vegas are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Las Vegas’ home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 70 sales.
If you’re buying in Las Vegas
- Shop in March. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (2% over asking).
- Offer under asking. Buyers paid 96.1% of the list price on average; 1% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 60 days.
Fall brings the homes; winter brings the bidding wars
September has the most new listings (about 7 a month), but January is the most competitive: 10% of January sales close over asking. March offers nearly as much choice with fewer homes bid up (2%). December has the least competition (2%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Mexico as a whole
| Las Vegas now | 2017–19 | 2021 peak | NM now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 1% | 6% | 9% | 3% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 1% | 6% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | — | 7% | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 96.1% | 93.9% | 93.8% | 96.5% |
| Days to sellMedian days from listing to contract | 60 | 154 | 103 | 64 |
25 homes for sale on a typical day
That’s 1.6 times the 2024 low (16), 36% fewer than in 2017–19 and well under 2019’s 40.
1 in 4 listings has cut its price
23% in the last year, against — in 2017–19 and 21% across New Mexico.
Las Vegas ranks 8th of 24 busy New Mexico markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Las Vegas is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Las Vegas home costs about $1,373 a month
Price: Las Vegas’ typical sale, last 12 months. Property tax at Las Vegas’ 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Las Vegas is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in September
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $236K home, about $1,710 a year.
Taxes vs. neighborsSchools
The schools grade for Las Vegas, from test results, graduation and how much students grow.
Schools in Las VegasTypical commute
The average one-way trip to work for people who live in Las Vegas.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Las Vegas, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Las Vegas. People who follow the town see it, and so do people comparing Las Vegas with their own town. No commission, no listing fee.
Questions about buying a home in Las Vegas
What do homes sell for in Las Vegas, NM?
70 homes sold in the year to May 2026 at a typical $236K, $145 a square foot.
Is Las Vegas a buyer’s or seller’s market?
A seller’s market: 29 homes were for sale in May 2026 and 8 sold, about 3.6 months of supply. Buyers paid 96.1% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Las Vegas?
September brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Las Vegas?
About 0.7% of a home’s value a year. On a $236K home that’s near $1,710.
Where can I see homes for sale in Las Vegas?
Zillow, Redfin, Realtor.com and Homes.com all carry Las Vegas’ MLS listings; the search links above open each one filtered to Las Vegas.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).