Is North Las Vegas, 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, North Las Vegas has remained a Seller's Market.
Housing Prices in North Las Vegas, NV
How much do homes in North Las Vegas, NV cost?
Median Sold Price
$402,280
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in North Las Vegas was $402,280 in June 2024, up 2% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $220K | +2.3% |
2 Bedrooms | $325K | $323.8K | -0.4% |
3 Bedrooms | $374.9K | $385K | +2.7% |
4 Bedrooms | $425K | $428.5K | +0.8% |
5+ Bedrooms | $484.4K | $501K | +3.4% |
Summary: North Las Vegas housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in North Las Vegas, NV
How many homes are available in North Las Vegas, NV?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,109 | 1,023 | -7.8% |
Summary: The North Las Vegas real estate market had 1,023 homes for sale in June 2024, a 7.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 65 | 77 | +18.5% |
3 Bedrooms | 588 | 535 | -9.0% |
4 Bedrooms | 347 | 312 | -10.1% |
5+ Bedrooms | 107 | 97 | -9.3% |
Summary: The North Las Vegas housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.5%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 9.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
331 | 262 | -20.8% |
Asking Price vs. Sold Price
96 Homes Were Sold
Under Asking
96 Homes Were Sold
At Asking
70 Homes Were Sold
Over Asking
Summary: A total of 262 homes were sold or pending in North Las Vegas in June 2024, down by 20.8% month-over-month. Of the 262 sold homes, 37% were sold under asking, 37% were sold at asking, and 27% were sold over asking.
Days on Market for North Las Vegas, NV
How long does it take to sell a home in North Las Vegas, NV?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
33 Days | 25 Days | -22.5% |
Summary: Homes in North Las Vegas had an average of 25 days on market in Jun 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
184 Homes Were Sold
Under 30 Days
66 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During June 2024, 262 homes were sold in North Las Vegas; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.