Is Henderson, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henderson is a seller's market

Buyer's
Market

Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Henderson, NV cost?

Median Sold Price

$456,909

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2022

-$18,214(-3.8%)

Key Takeaway

Homes in Henderson have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Henderson was $456,909 in August 2023, down 3.8% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $210K$208.2K
-0.8%
2 $372.1K$359.9K
-3.3%
3 $449.9K$435K
-3.3%
4 $567.8K$557K
-1.9%
5+ $699K$715.6K
+2.4%

Summary: Henderson housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Cities

Clark
-1.3%
Boulder City
-2.0%
Henderson
-3.8%

Housing Supply

How many homes are available in Henderson, NV?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
1,7171,746+1.7%

Summary: The Henderson real estate market had 1,746 homes for sale in August 2023, a 1.7% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 2929
0.0%
2 309323
+4.5%
3 743754
+1.5%
4 424429
+1.2%
5+ 212211
-0.5%

Summary: The Henderson housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 0.5%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
488436-10.7%

Asking Price vs. Sold Price

256 Homes Were Sold
Under Asking

97 Homes Were Sold
At Asking

83 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henderson, you may be able to get a good deal. 58.7% of homes here sold below asking price last month.

Summary: A total of 436 homes were sold or pending in Henderson in August 2023, down by 10.7% month-over-month. Of the 436 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
25 Days29 Days+16.0%

Summary: Homes in Henderson had an average of 29 days on market in Aug 2023, up by 16% compared to last year.

Breakdown of Home Sale Times

300 Homes Were Sold
Under 30 Days

101 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 436 homes were sold in Henderson; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 29 Days Ago

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Nearby Markets

What housing markets are near Henderson, NV?