Is Clark, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Clark has remained a Seller's Market.
Key Takeaway
Clark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clark, NV
How much do homes in Clark, NV cost?
Median Sold Price
$527,608
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Clark has remained the same since last year.
Summary: The median home sold price in Clark was $527,608 in March 2024, up 0.4% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136.4K | $200K | +46.6% |
| 2 Bedrooms | $410.4K | $425K | +3.5% |
| 3 Bedrooms | $487.1K | $485.7K | -0.3% |
| 4 Bedrooms | $617.2K | $644.8K | +4.5% |
| 5+ Bedrooms | $789.9K | $813.9K | +3.0% |
Summary: Clark housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.6%, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
| Clark | $525.3K | $527.6K | 0.4% |
| Henderson | $474.6K | $465.7K | -1.9% |
| North Las Vegas | $409.9K | $395K | -3.7% |
| Boulder City | $480K | $430K | -10.4% |
Housing Supply in Clark, NV
How many homes are available in Clark, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,481 | 1,620 | +9.4% |
Summary: The Clark real estate market had 1,620 homes for sale in March 2024, a 9.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 13 | -7.1% |
| 2 Bedrooms | 319 | 336 | +5.3% |
| 3 Bedrooms | 571 | 643 | +12.6% |
| 4 Bedrooms | 400 | 421 | +5.3% |
| 5+ Bedrooms | 177 | 207 | +16.9% |
Summary: The Clark housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 16.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 370 | 361 | -2.4% |
Asking Price vs. Sold Price
224 Homes Were Sold
Under Asking
82 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clark, you may be able to get a good deal. 62% of homes here sold below asking price last month.
Summary: A total of 361 homes were sold or pending in Clark in March 2024, down by 2.4% month-over-month. Of the 361 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Clark, NV
How long does it take to sell a home in Clark, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 44 Days | -18.0% |
Summary: Homes in Clark had an average of 44 days on market in Mar 2024, down by 18% compared to last year.
Breakdown of Home Sale Times
210 Homes Were Sold
Under 30 Days
88 Homes Were Sold
In 30 - 90 Days
63 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clark are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 361 homes were sold in Clark; 58% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Disclaimer: The 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. GLVAR MLS deems information reliable but not guaranteed.