First-Time Buyers
- 3,235 valley listings under $400K
- FHA 3.5% down ≈ $14K on entry homes
- North Las Vegas and east valley lead on value
- Builder incentives stack with low down payments

Nevada's #1 team for Las Vegas real estate. Search 8,600+ homes across every valley market — Summerlin, Henderson, North Las Vegas, Centennial Hills, Southern Highlands & more.
MEDIAN LIST PRICE
$465K
LVR / GLVAR via Repliers, as of September 9, 2026
ACTIVE LISTINGS
8,606
LVR / Repliers IDX, September 2026
DAYS ON MARKET
29
LVR / GLVAR via Repliers, as of September 9, 2026
METRO POPULATION
2.3M+
U.S. Census, Clark County
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
September 8, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
Las Vegas is four markets wearing one name — 656,274 city residents per the U.S. Census Bureau inside a 2.3M metro — with a median list price near $465,213 and homes going under contract in about 20 days per Las Vegas REALTORS. The five takeaways below distill what those numbers mean before you pick your corner of the valley.
Last updated September 2026 · Sources: LVR, U.S. Census ACS, City of Las Vegas
From Strip skyline condos to Red Rock estates — explore every neighborhood in the valley.
“Las Vegas is four markets wearing one name — 656,274 city residents inside a 2.3M metro — with a median list price near $476,000 and homes going under contract in about 20 days.”Las Vegas REALTORS (LVR/GLVAR) · U.S. Census Bureau · June 2026
Las Vegas listed about 9,086 active homes as of September 9, 2026 according to Las Vegas REALTORS MLS data — the deepest inventory in Nevada, spanning $200K condos to $25M+ estates. The eight newest listings appear below, refreshed throughout the day, and every active valley property is searchable in our live MLS portal.
PRICE DISTRIBUTION
The Las Vegas median list price sits at $465K per Las Vegas REALTORS September 2026 MLS data, with real depth at every tier — 3,235 listings under $400K and 665 above $1.5M. Each card below shows current active-listing counts by price range, so you can gauge competition in your budget before you tour.
BROWSE BY NEIGHBORHOOD
Las Vegas’ roughly 8,606 active listings break down into four valley markets, dozens of master plans, three property types, six price bands, and the lifestyle filters below — each link opens our live MLS search pre-filtered to that slice, with counts updated daily from Las Vegas REALTORS data.
Tap a community to see its dedicated page — current listings, price ranges, HOA details, and what daily life looks like inside.
Updated daily · 9,086 active listings · MLS data
STAY AHEAD OF THE MARKET
Custom alerts by neighborhood, price, beds, baths, and home features — no spam, unsubscribe anytime. With well-priced Las Vegas homes going under contract in a median 20 days per Las Vegas REALTORS, buyers who see new listings within hours hold a real edge over buyers who check portals weekly.
Before choosing a home, request address-specific school assignments for the intended school year from the district. Confirm grade levels, program eligibility, enrollment requirements and any boundary changes. Use the exact property address, including any unit number, and ask the district to confirm the assignment before making a purchase decision.
Check CCSD school zoning · View Nevada Report Card
Compare each school’s programs and published results for the same reporting year. Proximity to a school does not guarantee admission; contact charter, magnet and private schools about their application and enrollment requirements.
FIND YOUR SCHOOL ZONE
CRIME DATA
Review reports from the law-enforcement agency serving the address. Check the reporting period, area covered, offense definitions and completeness before comparing locations. When requesting local information, provide the property address and ask which agency and geographic boundary each report represents, along with any known reporting gaps.
The FBI publishes crime and law-enforcement statistics through its Crime Data Explorer. Its guidance cautions against using crime totals alone to rank communities: reporting practices and local conditions affect comparisons.
A citywide statistic does not establish conditions at a particular home. Ask the local agency about current reports for the area and gaps in the available data. Missing records do not mean zero crime, and a gated entrance does not establish a safety rating.
FBI crime data resources · FBI guidance on comparing communities
Living in Las Vegas is suburban, sunny, and far more normal than the postcard: master-planned neighborhoods, Friday-night youth sports, and the Strip used like any resident uses a downtown. The U.S. Census Bureau counts it among America’s fastest-growing big cities — and Nevada’s zero state income tax keeps the pipeline full.
Beyond the Strip: master-planned suburbs in every direction, pro sports (Raiders, Golden Knights, Aces), 60+ golf courses, and three outdoor anchors — Red Rock Canyon, Lake Mead, and Mt. Charleston — within 45 minutes.
Relocators who want selection: first-time buyers find the deepest under-$400K pool, families pick master plans by school zone, professionals get a 26-minute mean commute, and investors get a deep tenant base with no state income tax.
Suburban rhythms — school runs, trail loops, weekend trips to Red Rock or Lake Mead — with big-city dining and entertainment twenty minutes away whenever you want it.
Las Vegas anchors a 600-square-mile valley in southern Nevada, ringed by the Spring Mountains, Sheep Range, and the Colorado River corridor. 270 miles from Los Angeles. The 215 Beltway ties the markets together.
Quick Answer
For most relocators, yes — the valley pairs the Sun Belt’s strongest value proposition (a $476K median at $276 per square foot, zero state income tax) with big-city amenities and three national-park-grade outdoor escapes within 45 minutes. The honest caveats: summers are extreme, CCSD schools demand zone-by-zone research, and the right answer is usually a specific market — Summerlin, Henderson, North Las Vegas, or a Las Vegas-proper neighborhood — rather than "Las Vegas" generically.
Source: U.S. Census Bureau
According to the U.S. Census Bureau, the City of Las Vegas holds 656,274 residents with a median household income of $66,820 — inside a metro of more than 2.3 million. It’s a young, working metro with a median age near 38 and one of the nation’s most diverse big-city populations.
The metro adds roughly 40,000–50,000 net new residents a year — California license plates outnumber every other inbound state — and that migration pressure is the structural force under valley housing demand.
Source: U.S. Census Bureau ACS & QuickFacts · Updated
POPULATION & GROWTH
The City of Las Vegas has grown from 583,756 residents in 2010 to 656,274 today per the U.S. Census — and the metro around it added far more, crossing 2.3 million as California out-migration, job diversification, and retiree inflows compound year after year.
Growth lands at the valley’s edges: Summerlin West and Skye Canyon in the northwest, Tule Springs and Valley Vista in North Las Vegas, Cadence and Inspirada in Henderson. The built-out core grows through infill and redevelopment — which keeps established-neighborhood inventory tight and pushes the new-construction story to the rim.
Sources: U.S. Census Bureau and City of Las Vegas. Projection reflects regional planning estimates. Last updated June 2026.
“The metro adds roughly 40,000–50,000 net new residents a year — a meaningful share trading California’s 13.3% state income tax for zero, often closing on a larger home for less monthly carry.”U.S. Census Bureau · California Franchise Tax Board
MARKET TRENDS · LAST 12 MONTHS
Median sold price, days on market, and monthly closed sales from Las Vegas REALTORS MLS data, updated monthly. The valley’s median sold price rose about 2.4% year-over-year to $435K while roughly 1,600 homes close monthly — the deepest, most liquid market in Nevada.
Median Sold Price
+2.4% YoY (May 2025 → May 2026)
Source: Las Vegas REALTORS
Days on Market
25 → 26 days YoY — normalized, not soft
vs September 2025
Source: Las Vegas REALTORS
Closed Sales / Month
~1,600 monthly average, peak 2,512 in Jan 2026
Source: Las Vegas REALTORS
The long view: Las Vegas's median sold price rose 144% between 2014 ($179,556) and 2026 ($438,001), across 191,083 recorded closings — Greater Las Vegas Association of REALTORS (GLVAR) MLS records via Repliers.
“Days on market moved 25 → 29 year-over-year — normalized, not soft. Inventory at 8,606 active listings is the deepest in Nevada.”Las Vegas REALTORS MLS · June 2026
HOMES GOING FAST
Market Competitiveness
Las Vegas is moderately competitive — a 20-day median market time per Las Vegas REALTORS, with sharp tiering underneath: Centennial Hills moves in 14 days and entry-priced homes draw multiple offers, while the 665-listing luxury tier above $1.5M gives buyers genuine negotiating room.
WIN IN A FAST MARKET
Las Vegas isn’t one market — it’s four, spanning $200K condos to $25M estates across 600 square miles. Six buyer profiles below match goals to specific markets and neighborhoods, followed by the honest pros and trade-offs our team walks every relocating client through before they commit.
Ready to explore homes in Las Vegas? Our team works every market in the valley — and the first conversation is usually about which one fits you.
Start Your Home SearchMarket Comparison
A like-for-like comparison of the valley’s six most-searched submarkets — median price, dollars per square foot, days on market, inventory, and lifestyle fit — using active-listing data refreshed monthly via Las Vegas REALTORS. Medians span $430K in North Las Vegas to $728K in Summerlin, with the LV-proper submarkets filling every step between.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Summerlin | $728,000 | ~$342 | 21 | 1,253 | Master plan · Luxury |
| Henderson | $548,000 | ~$274 | 21 | 2,460 | Family · Safety |
| North Las Vegas | $430,000 | ~$227 | 17 | 1,039 | Value · Growth |
| Centennial Hills | $455,000 | ~$245 | 14 | 73 | NW family · Value |
| Southern Highlands | $749,000 | ~$310 | 19 | 175 | Golf · Gated south |
| Mountains Edge | $499,900 | ~$255 | 16 | 129 | SW family · Parks |
Source: Las Vegas REALTORS MLS data, June 2026. Median prices based on active listings; days on market from closed sales. Listing counts updated every 15 minutes via Repliers IDX.
Submarket Deep Dive
Submarket 1
The valley’s flagship: 20+ villages beside Red Rock Canyon, the strongest school cluster, and the premium price tag to match. Full deep-dive on its dedicated page.
Browse Summerlin homes →Submarket 2
The valley’s safety-and-schools leader — 30+ master plans from $300K starters to $25M hillside estates, anchored by Green Valley Ranch, Anthem, and Inspirada.
Browse Henderson homes →Submarket 3
The value-and-growth play: the valley’s best dollars-per-foot, the fastest market, and the Apex jobs corridor pulling new rooftops north.
Browse North Las Vegas homes →Submarket 4
The northwest’s established family hub — newer CCSD campuses, quick 95/215 access, and the valley’s fastest submarket at 14 median days.
Browse Centennial Hills homes →Submarket 5
The south valley’s premium master plan around a private Robert Trent Jones golf club — guard-gated enclaves with quick I-15 airport access.
Browse Southern Highlands homes →Submarket 6
The southwest’s family workhorse — 500 acres of parks and trails, mid-market pricing, and steady demand from valley move-ups.
Browse Mountains Edge homes →Submarket 7
The northwest’s active master plan: 145 listings led by new construction from the $450Ks, a 9,000-acre plan built around fitness and trail life, and Mt. Charleston twenty-five minutes up US-95. Expect SID/LID assessments on newer phases.
Browse Skye Canyon (Northwest New-Build Corridor) homes →NEIGHBORHOODS RANKED
Valley inventory sits at its highest level since 2020 according to Las Vegas REALTORS, which changes the neighborhood calculus: communities that were impenetrable at the 2022 peak are reachable again. The picks below are ranked the way we advise clients across the 9,600+ closings we have represented — by buyer profile first, then cross-checked against live MLS medians. Every pick links to its own guide and live listings.
| Buyer type | Top pick | Entry price | Key advantage |
|---|---|---|---|
| Families (schools first) | Summerlin | $480,000+ | Top-decile CCSD campuses — Palo Verde, Sig Rogich, Bonner — plus 250 parks |
| Safety-first families | Henderson | $330,000+ (Cadence attached) | #2 safest large U.S. city; Green Valley and Coronado high schools |
| First-time buyers | North Las Vegas | $290,000+ (new construction) | Lowest entry in the valley, active builder concessions |
| Value and appreciation | Skye Canyon | $499,000+ | Summerlin-style design and amenities at a 25–30% discount to Summerlin |
| Retirees (55+) | Sun City Summerlin / Sun City Anthem | $350,000+ | Age-restricted amenities, low maintenance, no state tax on Social Security |
| Investors (cash flow) | North Las Vegas and the east valley | $300,000+ | Rents around $2,200 a month on entry prices under $350,000 |
| Luxury buyers | The Ridges / MacDonald Highlands | $1,500,000+ | Guard-gated golf estates at a discount to Los Angeles and Scottsdale |
Ranking reflects NREG advisory criteria — schools, safety, entry price, commute and appreciation trajectory — cross-checked against Las Vegas REALTORS active-listing medians, Clark County School District proficiency data and U.S. Census Bureau population estimates. Entry prices are current list-price floors, not medians. Updated September 2026.
STILL DECIDING?
BY ZIP CODE
Las Vegas-proper ZIP codes span the widest price range in the valley — from $360K medians in the east-valley 89121 to $670K in the northwest 89131, per Las Vegas REALTORS MLS data. Use the table below to identify the ZIP that matches your budget and lifestyle, then click through for street-level listings and trends.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89117 | The Lakes · Peccole Ranch | $535K | ~$280 | 20 | 301 | +2.2% |
| 89131 | Northwest · Providence edge | $670K | ~$290 | 18 | 230 | -1.7% |
| 89149 | Centennial · Skye Canyon side | $600K | ~$280 | 18 | 269 | -8.8% |
| 89129 | NW established · Lone Mountain | $460K | ~$255 | 17 | 276 | -9.3% |
| 89113 | Southwest · Spanish Trail side | $550K | ~$285 | 22 | 301 | -1.3% |
| 89123 | South · Silverado Ranch | $474K | ~$260 | 18 | 273 | -5.3% |
| 89121 | East valley · value corridor | $360K | ~$230 | 19 | 283 | +0.5% |
| 89101 | Downtown · Arts District | $420K | ~$265 | 23 | 173 | +0.3% |
Source: Las Vegas REALTORS MLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Clark County GIS.
LUXURY WITHOUT THE CALIFORNIA PREMIUM
“Zero state income tax, a 3% annual property-tax cap on primary residences, and a diversifying job base beyond gaming — that is the compounding case for owning here.”Nevada Revised Statutes 361.471 · U.S. Bureau of Labor Statistics, Las Vegas MSA
READY TO START?
READY TO MOVE?
New Construction
The valley is one of America’s busiest new-home markets, with active selling communities in every direction — Summerlin West and Skye Canyon in the northwest, Valley Vista and Tule Springs in the north, Cadence and Inspirada in the southeast. The 8 builders below carry the bulk of it. Most run rate-buydown or closing-cost incentives that change monthly — verify current offers before you write.
Family & Mid-Market
The valley’s largest production builder
First-Time & Family
America’s largest builder — express-series value
Luxury & Semi-Custom
Luxury production + semi-custom
First-Time & Family
Customizable Personal Plans
Family & 55+
Del Webb brand for 55+
Mid-Luxury
Designer-driven new construction
First-Time & Family
Value-focused quick move-ins
Family
M.D.C. Holdings new construction
BUYING NEW CONSTRUCTION?
Outdoor Recreation
The valley sits in a ring of public land few metros can match. Red Rock Canyon protects 195,000+ acres on the west rim per the Bureau of Land Management, Lake Mead anchors the east, Mt. Charleston rises 12,000 feet to the north — all usable through 300 days of annual sunshine.
30 MIN W
The 13-mile Scenic Drive, world-class sandstone climbing, and 26 numbered trails on the valley’s west rim.
35 MIN E
America’s largest reservoir — boating, fishing, and shoreline hiking on the Colorado River system.
45 MIN N
Alpine trails, winter snow play, and a 20-degree summer cooldown in the Spring Mountains.
50 MIN NE
Nevada’s oldest state park — red-rock formations and slot canyons up I-15.
NORTH EDGE
Ice Age fossil beds on the valley’s northern boundary.
SOUTH EDGE
Ancient petroglyph trails on the valley’s southern rim.
EAST
Clark County’s riparian preserve along the Las Vegas Wash — 300+ bird species.
VALLEY-WIDE
From TPC Summerlin and Shadow Creek to twilight munis — golf twelve months a year.
The Las Vegas Lifestyle
Three valley moods in one Saturday: a sunrise hike in Red Rock Canyon’s 195,000 protected acres per the Bureau of Land Management, a Golden Knights game or Aviators night at the ballpark, and dinner anywhere from a neighborhood patio to a chef’s counter on the Strip — zero flights required.
LIVE THE LIFESTYLE
THIS WEEKEND'S OPEN HOUSES
Most Las Vegas sellers schedule weekend open houses Thursday through Saturday, so the freshest list lands late-week. Builder model homes across Summerlin West, Skye Canyon, and the north valley are open daily. Set up instant alerts to get notified the moment a home in your price range lists an open house — or browse every active valley listing now.
Build a budget around the particular home and your circumstances. Obtain current financing terms, property records and service quotes before comparing the cost of a move. A community average cannot establish your tax bill, insurance premium, association charges or savings.
Ask a tax adviser to review income sources, residency dates and any continuing connections to another state. California-source income can remain taxable after a move; the Franchise Tax Board explains part-year and nonresident rules. A headline tax-rate comparison does not calculate your savings.
Get the exact parcel's current tax bill and assessment record from its county. Confirm the property's abatement status and any effect of new construction, a change in use or your circumstances with the assessor. Do not apply a community-wide percentage to a purchase price or assume a tax cap is automatic.
Use lender estimates, insurance quotes, association documents and utility information for the exact address. Include maintenance, moving expenses and any special assessments in the comparison. Renting and buying involve different costs and obligations; future equity or resale gains are not assured.
Check school assignments for the enrollment year and ask about choice-program applications. Investigate parcel-specific hazards and permitted uses with the responsible agencies. Review travel routes and the features that matter to you instead of relying on a broad safety score or a neighborhood recommendation based on household type.
Discuss the homes, budget and timing you want to evaluate with the team.
Explore relocation planningRELOCATION TIMELINE
Plan the purchase and move around your circumstances and the property's verified requirements. Coordinate the transaction, possession and moving arrangements with the relevant parties. For license and vehicle questions, consult the Nevada DMV new-resident guide. Confirm your own deadlines and any exemptions directly with the agency.
Compare homes using your budget, accessibility needs, desired features and travel routes. Evaluate the particular property and surroundings using your own priorities; a neighborhood label does not establish its suitability.
Ask a lender for terms based on your circumstances and the property. Obtain the parcel tax record, insurance quotes, association charges and other recurring costs; a community-wide estimate cannot establish your payment or approval.
Discuss services, compensation, communication and touring arrangements with the agent. Confirm the details in the applicable agreement before relying on a promised service or access to a property.
Check school assignments with the district for the enrollment year and ask about separate program applications. Review parcel-specific flood, wildfire, utility, zoning and intended-use questions with the relevant agencies and service providers.
Discuss price, deposit, contingencies and the proposed schedule with your agent and lender. The signed contract determines the transaction deadlines; market averages do not promise when an offer will be accepted or a purchase will close.
Arrange appropriate inspections and review disclosures, title information, association documents and financing conditions. Investigate unresolved findings with the relevant specialist before the contractual decision deadlines.
Verify which utilities serve the address, what deposits or appointments are required, and when service can begin. Coordinate access and the moving date with the agreed possession terms and any building or association requirements.
Confirm completion and possession with the closing parties before arranging access. Consult the Nevada DMV's current new-resident guide for license, registration, documentation and exemption requirements that apply to you.
ECONOMY & JOBS
The valley’s job base has diversified well past the casino floor. According to the U.S. Bureau of Labor Statistics, the Las Vegas metro employs over 1.1 million people — tourism and conventions still anchor it, but healthcare, logistics, professional sports, and the Apex industrial corridor now drive the growth at the margin.
Sources: U.S. Bureau of Labor Statistics, City of Las Vegas Economic Development. Last updated June 2026.
CITY COMPARISON
This is the table the rest of the page builds toward — the four valley markets, twelve metrics, updated June 2026. Las Vegas proper wins on selection and urban access, Henderson on safety and schools, Summerlin on the premium end, North Las Vegas on price — the sources are LVR, the U.S. Census QuickFacts, and FBI UCR.
| Metric | Las Vegas | Summerlin | Henderson | North Las Vegas |
|---|---|---|---|---|
| Median List Price | $476K | $728K | $548K | $430K |
| Price / Sq Ft | $276 | $342 | $274 | $227 |
| Days on Market | 20 | 21 | 21 | 17 |
| Active Listings | 8,606 | 1,253 | 2,460 | 1,039 |
| Population | 656,274 | ~127,000 | 331,857 | 291,143 |
| Median Household Income | $66,820 | $95,200 | $88,654 | $72,415 |
| Walk Score | 42 | 32 | 36 | 30 |
| Best For | Selection · Urban · Investors | Schools · Luxury · Outdoors | Families · Retirees · Luxury | First-time buyers · Value |
Sources: Las Vegas REALTORS, U.S. Census ACS, FBI UCR, GreatSchools, Walk Score. The Las Vegas column counts ALL Las Vegas-addressed listings and includes Summerlin's 1,253; Henderson and North Las Vegas are separate cities. Last updated June 2026.
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
The 215 Beltway rings the valley and I-15/US-95 cross it, putting most homes within 25 minutes of work, the airport, or the Strip. Mean commutes run about 26 minutes per U.S. Census ACS ACS data — mild for a 2.3M metro, and the main exception (resort-corridor I-15 at rush hour) is easily routed around.
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC of Southern Nevada.
“Mean commutes run about 26 minutes — mild for a 2.3M metro — with the 215 Beltway ringing the valley and Harry Reid International within 30 minutes of most submarkets.”U.S. Census ACS · Regional Transportation Commission of Southern Nevada
Quick Answer
Most Las Vegas purchases close in 30 to 45 days — across the 9,600+ closings NREG has represented, cash offers can close in 7-14 days, while financed purchases (conventional, FHA, VA) typically run 30-45 days from accepted offer to keys. New construction ranges from 45-60 days for completed spec homes to 8-12 months for build-to-order contracts. The biggest delays are appraisal turnaround (5-10 days) and underwriting conditions.
Quick Answer
Southern Nevada buys more house: Las Vegas medians near $476K run well below Reno’s, inventory is roughly five times deeper, and winters skip the snow. Reno counters with Lake Tahoe forty minutes away, a true four-season climate, and the Tesla-anchored northern job base. Both share zero state income tax — most relocators choose on climate and lifestyle, not math. NREG covers both ends of the state.
Las Vegas FAQ — 21 Answers
The median asking price across Las Vegas-addressed homes is about $465,213 according to Las Vegas REALTORS MLS data (homes are closing at a $435,000 median sold price), at roughly $276 per square foot. The spread is the real story: east-valley ZIPs like 89121 list near $360K while Summerlin-side ZIPs run $535K–$670K and luxury enclaves climb past $2M.
It depends on what you’re optimizing for. For master-planned polish: Summerlin and Henderson’s plans. For value and growth: North Las Vegas and Centennial Hills. For southwest family living: Mountains Edge and Southern Highlands. For new construction: Skye Canyon and Summerlin West. For urban energy and lofts: Downtown and Midtown. Each name above has a dedicated page on this site with live listings.
Quick math: Las Vegas proper medians near $465,213 buy the widest selection and the best urban access; Henderson trades about $70K more for the valley's safety and school rankings; Summerlin trades about $250K more for the premier master plan beside Red Rock Canyon. The full four-market comparison table further down this page puts twelve metrics side by side.
Las Vegas homes take a median of about 29 days from list to accepted offer, per Las Vegas REALTORS MLS statistics. Well-priced homes in Centennial Hills and Spring Valley routinely go pending inside two weeks, while the $1.5M+ luxury tier — 665 active listings — typically takes one to three months.
Property taxes in Las Vegas are low by national standards. Nevada’s effective rate runs roughly 0.5–0.75% of a home’s value, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a median-priced Las Vegas home that pencils out to roughly $2,400–$3,500 a year — and Nevada has no state income tax on top.
Both worlds exist at scale. Master plans like Summerlin, Skye Canyon, and Mountains Edge carry HOAs from about $50–$300/month (guard-gated enclaves run far higher), while large stretches of established Las Vegas — much of the east valley and older northwest — have no HOA at all. Decide which model fits before you tour; it shapes both monthly cost and lifestyle rules.
Las Vegas remains one of the most affordable major Sun Belt metros: the median near $465,213 undercuts Phoenix, Denver, and every coastal California market, utilities and fuel track national averages, and Nevada levies zero state income tax. The premium master plans cost more — that's the trade the four-market table on this page quantifies.
Honestly mixed, with standout peaks. The Clark County School District spans nearly 380 campuses with a wide ratings range; the magnets are genuinely elite — Advanced Technologies Academy downtown rates 10/10 on GreatSchools, with West Career and Technical Academy matching it in Summerlin — and the strongest neighborhood schools cluster in Summerlin, Henderson, and the newer northwest. School zoning is a primary reason families pick one valley market over another.
Away from the tourist corridor, yes — the valley is largely a suburban family metro. Master plans in every direction were built around parks, pools, and schools; 300 days of sunshine keep kids outdoors; and Red Rock Canyon, Mt. Charleston, and Lake Mead sit within 45 minutes. Families optimizing schools and safety usually land in Summerlin, Henderson, or the newer northwest plans.
Deep and landlord-friendly. Single-family rents typically run about $1,900–$2,800/month per Las Vegas REALTORS rental tracking, vacancy stays tight, and no state income tax applies to rental income. One caveat for investors: short-term rentals are heavily regulated — Clark County and the city license a limited number with distance rules, so underwrite long-term holds unless you have a license path.
Yes — the valley is one of America’s busiest new-home markets. Active corridors: Summerlin West (Redpoint, Kestrel, Grand Park), Skye Canyon and the northwest, North Las Vegas’ Valley Vista and Tule Springs, and Cadence and Inspirada in Henderson. Pricing runs from the high $300Ks to $3M+, and builder rate-buydown incentives change monthly.
Beyond the Strip’s dining and entertainment — which residents use more selectively than visitors assume — the valley offers 300+ parks, more than 60 golf courses, professional sports (Raiders, Golden Knights, Aces, Aviators), world-class healthcare growth, and three outdoor anchors: Red Rock Canyon, Lake Mead, and Mt. Charleston, each under 45 minutes from most neighborhoods.
Mild by big-metro standards. The 215 Beltway rings the valley, I-15 and US-95 cross it, and mean commutes run about 26 minutes per U.S. Census ACS data — most residents live within 25 minutes of their work, the airport, or the Strip. The notable exception is rush-hour I-15 through the resort corridor, which locals simply route around.
It varies sharply by neighborhood — citywide rates run above national averages per FBI Uniform Crime Reporting data, but the figure is skewed by the tourist corridor and a handful of older central tracts. The west-valley suburbs, master plans, and newer northwest post rates comparable to any American suburb, and Henderson next door ranks among the nation’s safest cities.
Three things: pick your market first (the four-market comparison on this page is the place to start — pricing, schools, and HOA models differ more than newcomers expect), check the HOA-versus-no-HOA question early, and get pre-approved before touring a 20-day market. Nevada closes through escrow companies in 30–45 days; budget roughly 2–3% in closing costs.
Most Las Vegas buyers put down 3% to 20% — FHA allows 3.5% with a 580 credit score, conventional starts at 3% for first-time buyers, and VA loans require 0% down. On a $465K median-priced home, that’s roughly $14,300 (3%) to $95,200 (20%). With 3,235 active listings under $400K, Las Vegas has the valley’s deepest FHA-eligible pool outside North Las Vegas.
Southern Nevada buys more house: Las Vegas medians near $465K run well below Reno’s, inventory is roughly five times deeper, and winters skip the snow. Reno counters with Lake Tahoe forty minutes away, a four-season climate, and the Tesla-anchored north-valley job base. Both share zero state income tax — most relocators choose on climate and lifestyle, not math. NREG covers both: this page for the south, our Reno hub for the north.
Most Las Vegas purchases close in 30 to 45 days — cash offers can close in 7-14 days, while financed purchases (conventional, FHA, VA) typically run 30-45 days from accepted offer to keys-in-hand. New construction ranges from 45-60 days for spec homes to 8-12 months for build-to-order. The biggest delays are appraisal turnaround (5-10 days) and underwriting conditions.
Summerlin leads for families who put schools first — Palo Verde High, Sig Rogich Middle and Bonner Elementary rank among Nevada’s best, with 250 parks and entry from about $480,000. Henderson’s Green Valley and Anthem come next on safety and school scores, and Skye Canyon offers Summerlin-style design at lower prices. Confirm the exact school assignment for any address before you write an offer.
Skye Canyon in the northwest — master-plan amenities and new construction at a meaningful discount to Summerlin — followed by Cadence in east Henderson, Mountain’s Edge in the southwest and Aliante in North Las Vegas. All four pair below-Summerlin entry prices with established parks, retail and freeway access, which is what holds value when the market cools.
Summerlin wins on schools, trails and resale depth and charges a premium for it; Henderson wins on safety — the #2 safest large U.S. city — and on entry price, with attached homes in Cadence from about $330,000. Families with school-age children usually lean Summerlin; safety-first buyers, retirees and value buyers usually lean Henderson. Both are 20–25 minutes from the Strip.
Updated September 2026
STILL HAVE QUESTIONS?
Want more Nevada real estate answers like this in your Google results?
PEOPLE ALSO ASK
Beyond the core questions above, these are the eight queries Las Vegas buyers actually type into Google and AI assistants — answered in two to three sentences each, with specifics you can verify: populations from the U.S. Census, prices from Las Vegas REALTORS MLS data, and market facts from this page’s live feeds.
Not by Sun Belt standards: the $465K median and $276 per square foot undercut Phoenix, Denver, and Austin — and run about half of coastal California. Utilities and groceries track national averages; summer cooling bills are the one line item that surprises newcomers.
Mostly no — the Strip is a workplace and an occasional night out. The valley’s residential life happens in the master plans and suburbs ringing it, typically 15-25 minutes away. High-rise condo living on and near the Strip is its own niche market.
A household income around $95,000–$110,000 comfortably carries the median $465K home at current rates (roughly $3,500/month all-in with 10% down). Renters need less: the $2,300 median single-family rent pencils near $80,000.
The valley recycles nearly all indoor water and holds senior Colorado River rights; the practical impacts are landscaping rules — new decorative grass is banned and pools are size-capped — not water reliability. Xeriscape is the default in every new community.
Match the market to the priority: Summerlin for the premier master plan, Henderson for safety and schools, North Las Vegas for value, the northwest (Centennial Hills, Skye Canyon) for newer family stock, the southwest (Mountains Edge, Southern Highlands) for parks-and-commute balance, Downtown for urban energy.
Only with a license, and they’re limited: Clark County and the cities cap short-term-rental permits with distance buffers between licensed properties, owner-occupancy rules in some jurisdictions, and real enforcement. Investors should underwrite long-term rentals unless they hold a license path.
July and August average 104–106°F highs with stretches above 110°F — the trade for 300 sunny days and mild winters. Locals shift outdoor life to mornings, evenings, and Mt. Charleston, which runs 20 degrees cooler, 45 minutes away.
The market is balanced, not frothy: prices up a steady 2.4% year-over-year, 20-day median market time, and 8,606 active listings giving buyers genuine choice. Rate buydowns from builders and seller credits on resales are both negotiable — leverage that vanished in the frenzy years is back.
Client Stories
All 9,061+ reviews are verified across Google, Zillow, and FastExpert profiles — 4.9 out of 5 overall. The six stories below are the same client reviews published in this page’s schema: real valley closings from Green Valley Ranch to Lake Las Vegas, with names and outcomes as clients shared them.
WHY NEVADA REAL ESTATE GROUP
Direct builder relationships, the largest agent team in the Valley, and thousands of verified five-star reviews. Across 9,600+ closed transactions and $4.85B+ in volume since 2011, our agents have represented buyers or sellers in every valley market — that depth is why the team ranks #1 in Nevada.
WORK WITH THE BEST
Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Compare central Las Vegas with the markets and master-planned communities ringing it. Each card pairs the commute time to central Las Vegas with the community’s price positioning, so you can judge whether crossing the valley actually buys you more home for the money.
A–Z INDEX
The valley’s most-searched markets, master plans, and neighborhoods — every linked entry opens a dedicated page with current listings, price ranges, and HOA details. This index spans all four valley markets, from Aliante to Whitney Ranch.
KEEP LEARNING
These guides extend the research most valley buyers do next — comparing the premium markets, mapping the value play, and going deep on each city — each written by our team from the same MLS data and primary sources used throughout this hub, before they tour a single home.
GUIDE
The flagship master plan — villages, schools, and what the $728K median actually buys.
Read →GUIDE
The safety-and-schools leader — 30+ master plans from starters to hillside estates.
Read →GUIDE
The value-and-growth play — best $/sqft in the valley and the Apex jobs corridor.
Read →MARKET GUIDE
Valley-wide pricing, inventory, rates, and where the market is heading this year.
Read →NEIGHBORHOOD GUIDE
Where the valley’s lowest crime rates actually are, area by area, before you tour.
Read →Sources & Methodology
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The organizations below — from the U.S. Census Bureau to Las Vegas REALTORS — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).
Updated: September 2026 · Next update: September 15