Is Clark County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark County is a seller's market

Buyer's
Market

Difference Since January 2023

Since last year, Clark County has remained a Seller's Market.

Key Takeaway

Clark County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clark County, NV

How much do homes in Clark County, NV cost?

Median Sold Price

$409,377

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$17,191(-4.0%)

Key Takeaway

Homes in Clark County have sold for 4% less than they did a year ago.

Summary: The median home sold price in Clark County was $409,377 in January 2024, down 4% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $205.2K$200K
-2.6%
2 $300K$299.9K
0%
3 $415K$399.3K
-3.8%
4 $501K$489.1K
-2.4%
5+ $657.1K$644.6K
-1.9%

Summary: Clark County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 1.9%.

Median Sold Price Compared To Nearby Counties

Lincoln County
-3.1%
Clark County
-4.0%
Nye County
-6.0%

Housing Supply in Clark County, NV

How many homes are available in Clark County, NV?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
7,8298,700+11.1%

Summary: The Clark County real estate market had 8,700 homes for sale in January 2024, a 11.1% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 303335
+10.6%
2 1,6591,884
+13.6%
3 3,1223,437
+10.1%
4 1,9552,160
+10.5%
5+ 790884
+11.9%

Summary: The Clark County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 11.9%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
1,7791,726-3.0%

Asking Price vs. Sold Price

1,020 Homes Were Sold
Under Asking

420 Homes Were Sold
At Asking

286 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark County, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 1,726 homes were sold or pending in Clark County in January 2024, down by 3.0% month-over-month. Of the 1,726 sold homes, 59% were sold under asking, 24% were sold at asking, and 17% were sold over asking.

Days on Market for Clark County, NV

How long does it take to sell a home in Clark County, NV?

Average Sale Time

Jan 2023Jan 2024CHANGE
57 Days41 Days-27.8%

Summary: Homes in Clark County had an average of 41 days on market in Jan 2024, down by 27.8% compared to last year.

Breakdown of Home Sale Times

901 Homes Were Sold
Under 30 Days

612 Homes Were Sold
In 30 - 90 Days

210 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clark County are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 1726 homes were sold in Clark County; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Clark County, NV

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