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 very weak 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 classified as Very Weak, with a pending ratio of 0.23 indicating severe demand absorption challenges relative to available inventory. This condition is further underscored by a substantial year-over-year decline in the pending ratio, down 7.5%.
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.
Active listings have expanded considerably, with a year-over-year increase of 38.6%. New listings also saw a significant surge, rising 275.0% over the past year. Concurrently, the median listing price has experienced a notable year-over-year contraction of 16.3%, reaching $396,500 in the most recent period. Despite a year-over-year reduction in median days on market by 15.3%, the overall market activity remains subdued as evidenced by the low pending ratio.
“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 current market dynamics suggest that demand absorption is severely lagging supply. With a low pending ratio and increasing inventory levels, properties face considerable pressure to attract offers. This environment implies that price discipline is paramount for transactions, and the pace of sales is likely to remain slow due to the imbalance between active supply and demand.
The average listing price increased by 3.3% year-over-year to $623,174, while the median listing price declined by 16.3%. This divergence, combined with a positive year-over-year change in median $/sqft, suggests potential shifts in the composition of inventory or activity at different price points, but does not provide a distinct signal of luxury-segment softness.
97 active listings represent the current floor, with new supply arriving at roughly 30 per month.
of active listings carry a price reduction, -6.8% from prior period.
Median price per square foot has moved +8.3% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Las Vegas, NM? Homes here are taking 11 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
- 23%
- Median Days on Market
- 61 days
- Inventory YoY
- +39%
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
$535K
211 active · 75 DOM
87740
raton
$158K
43 active · 115 DOM
87701
las vegas
$350K
35 active · 64 DOM
87718
eagle nest
$325K
19 active · 89 DOM
87742
rociada
$355K
14 active · 59 DOM
87714
cimarron
$250K
6 active · 244 DOM
87731
montezuma
$443K
6 active · 53 DOM
87722
guadalupita
$337K
4 active · 59 DOM
87745
sapello
$363K
4 active · 157 DOM
87749
ute park
$425K
3 active · 24 DOM
87715
cleveland
$328K
3 active · 50 DOM
87747
springer
$129K
3 active · 62 DOM
87728
maxwell
$192K
2 active · 66 DOM
87712
buena vista
$775K
2 active · 26 DOM
87752
wagon mound
$100K
2 active · — DOM
87732
mora
$749K
1 active · 322 DOM
87734
ocate
$800K
1 active · 180 DOM
87729
miami
$570K
1 active · — DOM
Sorted by active inventory · click a ZIP for its full report
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