The Las Vegas housing market stayed steady in August, with prices near record highs and more homes available for buyers to choose from. Watch the Market Minute video below for a quick snapshot, then explore the full stats and key takeaways.
August 2025 at a glance — prices hold steady while inventory continues to climb.
The Las Vegas housing market held steady in August, with prices leveling near record highs and more homes hitting the market. The median single-family home price was $480,000, while condos and townhomes came in at $298,000 — both slightly higher than last year.
Inventory continued to climb, with over 7,200 homes listed for sale — up nearly 37% year-over-year — giving buyers more options. Sales slowed modestly, down about 14% from last year, creating more balance and stability in the market.
Overall, August reflected a steady, healthy market with more choices for buyers and opportunities on the horizon as mortgage rates ease.
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