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Las Vegas

Why you'd want to live in Las Vegas

Las Vegas has a reputation as an adults-only playground, thanks to an iconic stretch of Las Vegas Boulevard. However, just beyond the Strip, residents enjoy pleasant suburban communities, world-class restaurants and beautiful parks undisturbed by the glare of neon lights. Cultural institutions like the Smith Center for the Performing Artsand numerous museums offer quiet alternatives to the Strip, while nearby state and national parks – including Lake Mead, Red Rock Canyon National Conservation Area, Spring Mountain Ranch State Park and Valley of Fire State Park – offer ample opportunities to enjoy the outdoors. It seems like there is always something happening in Las Vegas. The Las Vegas Food & Wine Festival, along with the myriad celebrity chef restaurants on the Strip, keep foodies busy, while bibliophiles gravitate toward the annual Las Vegas Book Festival. For better or worse, Las Vegas' popularity as a tourist destination, combined with population growth, can give the metro area a revolving-door feel. Many Las Vegans are not native to the area, and new people are continually moving here. via realestate.usnews.com

Las Vegas Market Report

$742,506

AVERAGE PRICE OF 8,956 HOMES

$474,297

AVERAGE PRICE OF 121 DISTRESSED HOMES

$2,624,241

AVERAGE PRICE OF 1,163 MULTI-MILLION DOLLAR HOMES

$985,942

AVERAGE PRICE OF 589 NEWLY BUILT HOMES

$1,301,114

AVERAGE PRICE OF 2,039 HOMES WITH A POOL

$633,589

AVERAGE PRICE OF 559 REDUCED PRICE HOMES

Average Home

Average Price $742,506
Avg Bedrooms 2.93 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $307,695
2 bedrooms $404,180
3 bedrooms $562,140
4 bedrooms $871,400
5 bedrooms $1,291,871
Las Vegas Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 8,309 7,909 7,354 7,628 7,965
Average Price $744,015 $739,692 $741,867 $742,242 $750,647
Avg Price Change +0.58% -0.29% -0.05% -1.13% +0.03%
Median Price $461,198 $459,628 $459,857 $457,814 $460,916
Med Price Change +0.34% -0.05% +0.45% -0.68% -0.38%
Avg Bedrooms 2.93 beds 2.92 beds 2.9 beds 2.91 beds 2.92 beds
Avg Bathrooms 2.58 baths 2.56 baths 2.55 baths 2.55 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palo Verde 971 $981,508 57 days
Total Homes Average Price Avg Days on Site
All Homes 8,956 $742,506 76 days
Distressed Homes 121 $474,297 133 days
Multi-Million Dollar Homes 1,163 $2,624,241 111 days
Newly Built Homes 589 $985,942 74 days
Homes with a Pool 2,039 $1,301,114 63 days
Reduced Price Homes 559 $633,589 52 days
Griffin Group Realty
Natalie Keeney
930 S 4th St #200
Las Vegas, NV 89101
702-670-2333

UP5DB701E1507748.jpgThe data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. The information being provided is for the consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. GLVAR MLS deems information reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
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