Is Clark County, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$424,844
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Clark County have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Clark County was $424,844 in June 2024, up 4.1% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $204.8K | +2.9% |
| 2 Bedrooms | $294.3K | $306.3K | +4.1% |
| 3 Bedrooms | $398K | $410K | +3.0% |
| 4 Bedrooms | $482.8K | $508K | +5.2% |
| 5+ Bedrooms | $623.5K | $674.9K | +8.3% |
Summary: Clark County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Counties
| Lincoln County | $185K | $240K | +29.7% |
| Clark County | $408.2K | $424.8K | +4.1% |
| Nye County | $355.4K | $356.8K | 0.4% |
Housing Supply in Clark County, NV
How many homes are available in Clark County, NV?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10,656 | 10,896 | +2.3% |
Summary: The Clark County real estate market had 10,896 homes for sale in June 2024, a 2.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 377 | 429 | +13.8% |
| 2 Bedrooms | 2,186 | 2,263 | +3.5% |
| 3 Bedrooms | 4,315 | 4,334 | 0.4% |
| 4 Bedrooms | 2,652 | 2,691 | +1.5% |
| 5+ Bedrooms | 1,126 | 1,179 | +4.7% |
Summary: The Clark County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 4.7%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2,864 | 2,473 | -13.7% |
Asking Price vs. Sold Price
1,208 Homes Were Sold
Under Asking
696 Homes Were Sold
At Asking
569 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clark County, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.
Summary: A total of 2,473 homes were sold or pending in Clark County in June 2024, down by 13.7% month-over-month. Of the 2,473 sold homes, 49% were sold under asking, 28% were sold at asking, and 23% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 37 Days | 29 Days | -22.5% |
Summary: Homes in Clark County had an average of 29 days on market in Jun 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
1,699 Homes Were Sold
Under 30 Days
605 Homes Were Sold
In 30 - 90 Days
164 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clark County are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 2473 homes were sold in Clark County; 69% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 7% 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.