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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 Arts and 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 its recent population growth, can give the metro area a revolving-door feel. Many Las Vegans are not native to the area, and recent economic growth means that new people are continually moving here. via realestate.usnews.com

Las Vegas Market Report

$570,129

AVERAGE PRICE OF 7,005 HOMES

$358,414

AVERAGE PRICE OF 141 DISTRESSED HOMES

$2,661,199

AVERAGE PRICE OF 583 MULTI-MILLION DOLLAR HOMES

$992,818

AVERAGE PRICE OF 314 NEWLY BUILT HOMES

$888,745

AVERAGE PRICE OF 1,781 HOMES WITH A POOL

$594,025

AVERAGE PRICE OF 120 REDUCED PRICE HOMES

Average Home

Average Price $570,129
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $280,562
2 bedrooms $348,378
3 bedrooms $470,698
4 bedrooms $651,156
5 bedrooms $1,056,592
Las Vegas Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 7,216 7,453 n/a 7,765 8,619
Average Price $558,384 $531,184 n/a $512,463 $502,109
Avg Price Change +5.12% n/a n/a +2.06% +1.74%
Median Price $348,408 $335,438 n/a $326,215 $324,994
Med Price Change +3.87% n/a n/a +0.38% 0.00%
Avg Bedrooms 2.8 beds 2.81 beds n/a 2.81 beds 2.83 beds
Avg Bathrooms 2.48 baths 2.5 baths n/a 2.51 baths 2.52 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Clark Ed. W. 491 $693,998 103 days
Durango 423 $846,781 51 days
Palo Verde 617 $852,676 48 days
Sierra Vista High 458 $604,169 42 days
Valley 399 $480,995 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 7,005 $570,129 73 days
Distressed Homes 141 $358,414 205 days
Multi-Million Dollar Homes 583 $2,661,199 109 days
Newly Built Homes 314 $992,818 92 days
Homes with a Pool 1,781 $888,745 60 days
Reduced Price Homes 120 $594,025 47 days