Is Las Vegas, NV 89113 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Las Vegas is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score18/ 100

More competitive than 11% of U.S. ZIP codes, and #89 of 100 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.5Under 4 months = seller’s market
Sold above original list5.9%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$263▼ −0.3% vs. last year

The Las Vegas housing market right now

In the three months ending August 31, 2026, 6% of homes in Las Vegas, NV 89113 sold above their list price, the typical home went under contract in 56 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 174 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold more slowly (48 days then) and the median sale price fell 3% to $528,771. Overall, Las Vegas is about as competitive as it was a year ago.

Within Clark County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Las Vegas ranks #89 of 100 NV ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Las Vegas 89161 (0% sold over asking) or Las Vegas 89124 (0% sold over asking), while Logandale 89021 (33% sold over asking) and Moapa 89025 (33% sold over asking) are even more competitive.

Nearby markets

Blue Diamond 89004 — /sq ftBoulder City 89005Balanced $289 /sq ftBunkerville 89007 — /sq ftCal Nev Ari 89039 — /sq ft Browse all markets →

Where Las Vegas is

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Questions about Las Vegas real estate

Is Las Vegas a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Las Vegas, NV 89113 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Las Vegas?

The typical home went under contract in 56 days in the latest three months.

Do homes in Las Vegas sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Las Vegas?

About 0.48% of a home’s value a year in Clark County, or roughly $1,920 on a $400,000 home.

What is the median home price in Las Vegas?

The median sale price was $528,771 in the three months ending August 31, 2026, about $263 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology