Is Clark County, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clark County has remained a Seller's Market.
Housing Prices in Clark County, NV
How much do homes in Clark County, NV cost?
Median Sold Price
$419,256
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clark County was $419,256 in April 2024, up 0.2% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200.5K | $201.9K | +0.7% |
2 Bedrooms | $297.3K | $302.1K | +1.6% |
3 Bedrooms | $405K | $404.9K | 0% |
4 Bedrooms | $494.7K | $499.9K | +1.1% |
5+ Bedrooms | $637.1K | $666K | +4.5% |
Summary: Clark County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 1.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
Lincoln County | $185K | $195K | +5.4% |
Clark County | $418.2K | $419.2K | 0.2% |
Nye County | $365.3K | $355K | -2.8% |
Housing Supply in Clark County, NV
How many homes are available in Clark County, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9,602 | 10,403 | +8.3% |
Summary: The Clark County real estate market had 10,403 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 345 | 406 | +17.7% |
2 Bedrooms | 2,069 | 2,217 | +7.2% |
3 Bedrooms | 3,870 | 4,145 | +7.1% |
4 Bedrooms | 2,339 | 2,507 | +7.2% |
5+ Bedrooms | 979 | 1,128 | +15.2% |
Summary: The Clark County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 15.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,396 | 2,673 | +11.6% |
Asking Price vs. Sold Price
1,348 Homes Were Sold
Under Asking
694 Homes Were Sold
At Asking
630 Homes Were Sold
Over Asking
Summary: A total of 2,673 homes were sold or pending in Clark County in April 2024, up by 11.6% month-over-month. Of the 2,672 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 33 Days | -33.9% |
Summary: Homes in Clark County had an average of 33 days on market in Apr 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
1,796 Homes Were Sold
Under 30 Days
604 Homes Were Sold
In 30 - 90 Days
269 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2673 homes were sold in Clark County; 67% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.