Las Vegas, NM
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Las Vegas market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Las Vegas, NM.
The Las Vegas, NM market is currently cooling. The pending ratio stands at 0.30, indicating a deceleration in demand absorption. Active listings have expanded by 11.5% year-over-year, contributing to the shift.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Las Vegas market right now.
Inventory levels have seen an increase, with active listings up 11.5% year-over-year, despite a substantial 46.2% decrease in new listings over the same period. The median listing price remains stable month-over-month at $385,000 but has declined 8.3% year-over-year. The pending ratio, currently 0.30, has shown a 4.2% year-over-year increase from a lower base, suggesting a slight uptick in buyer engagement, yet remains indicative of a market with more available supply than immediate demand.
“Local pricing and inventory dynamics across Las Vegas shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The cooling environment suggests that buyers may encounter a more deliberate pace in negotiations. With an increase in active listings and a pending ratio of 0.30, there is less immediate pressure on inventory, potentially allowing for more extended consideration periods. Sellers may need to demonstrate greater price discipline to attract offers in this climate.
The average listing price has declined significantly by 26.6% year-over-year, contrasting with a 10.8% increase in median $/sqft. This divergence, coupled with the higher average price relative to the median, suggests a softening at the higher price tiers within the market.
88 active listings represent the current floor, with new supply arriving at roughly 14 per month.
of active listings carry a price reduction, +7.4% from prior period.
Median price per square foot has moved +10.8% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Las Vegas, NM? Homes here are taking 16 days less to sell than last year.
Buyers have leverage in Las Vegas, NM. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 30%
- Median Days on Market
- 86 days
- Inventory YoY
- +11%
In a buyer's market, strategy beats timing. See how your home scores in Las Vegas, NM and what moves the number.
See my Sold Score & selling strategy →Talk to a listing expert who is actively selling in Las Vegas, NM.
Julie Youngblood →Keller Williams Realty
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Metro Demographics
ZIPs in Las Vegas, NM
87710
angel fire
$542K
185 active · 114 DOM
87740
raton
$162K
39 active · 122 DOM
87701
las vegas
$350K
35 active · 83 DOM
87718
eagle nest
$352K
22 active · 105 DOM
87742
rociada
$372K
10 active · 97 DOM
87747
springer
$162K
5 active · 105 DOM
87731
montezuma
$495K
5 active · 116 DOM
87714
cimarron
$275K
5 active · 136 DOM
87715
cleveland
$303K
4 active · 114 DOM
87745
sapello
$265K
4 active · 114 DOM
87722
guadalupita
$259K
3 active · 106 DOM
87712
buena vista
$744K
2 active · 38 DOM
87752
wagon mound
$100K
2 active · — DOM
87728
maxwell
$190K
2 active · 130 DOM
87749
ute park
$425K
1 active · 83 DOM
87733
mosquero
$35K
1 active · 28 DOM
87732
mora
$550K
1 active · 9 DOM
87734
ocate
$800K
1 active · 180 DOM
Sorted by active inventory · click a ZIP for its full report
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