Las Vegas Housing Market Update: October 2026
Las Vegas Realtors (LVR) released its September 2026 numbers on October 6. The short version: the median home price is right where it was a year ago, fewer homes sold as mortgage rates rose, and buyers have more homes to choose from.
The September 2026 numbers at a glance
Single-family median price: $470,000, the same as September 2025 and down 1.1% from August. The all-time high was $490,000 in May and June 2026.
Condo & townhome median price: $290,000, down 1.4% from September 2025. The record is $315,000, set in October 2024.
Homes sold: 2,169 homes, condos and townhomes. Sales were down 7.4% for homes and 12.6% for condos and townhomes compared with a year ago.
For sale without offers: 7,995 single-family homes, up 6.6% from a year ago, and 2,796 condos and townhomes, up 7.3%.
Supply: about five months at September’s sales pace, up from roughly four months a year ago.
Speed: 75.9% of homes and 70.5% of condos and townhomes sold within 60 days, compared with 72.0% and 67.0% a year ago.
Cash and distressed sales: 23.5% of sales were cash (23.0% a year ago). Short sales and foreclosures were 1.1% of sales (0.5% a year ago).
Neighborhood by neighborhood: Antonio’s MLS numbers
Median sale price of single-family homes that closed in September 2026, compared with September 2025, and the number of September sales, from the Las Vegas REALTORS® MLS:
Las Vegas Valley (all single-family): homes sold for a median 99.1% of list price (98.9% a year earlier) and took a median 27 days to sell (30 days in September 2025).
Summerlin: $748,000 vs. $834,500 (−10.4%), 113 sales
Henderson: $539,000 vs. $529,990 (+1.7%), 383 sales
Green Valley: $493,750 vs. $498,000 (−0.9%), 48 sales
Inspirada: $555,000 vs. $620,000 (−10.5%), 29 sales
Cadence: $539,975 vs. $505,707 (+6.8%), 66 sales
Seven Hills & Anthem: $673,000 vs. $855,000 (−21.3%), 20 sales
MacDonald Highlands: $2,900,000 vs. $3,289,000 (−11.8%), 3 sales
Lake Las Vegas & SouthShore: $755,000 vs. $647,500 (+16.6%), 24 sales
Southern Highlands: $535,000 vs. $665,000 (−19.5%), 23 sales
Southwest Las Vegas: $470,000 vs. $565,000 (−16.8%), 47 sales
Spring Valley: $467,500 vs. $417,500 (+12.0%), 20 sales
Skye Canyon: $541,500 vs. $563,495 (−3.9%), 24 sales
Pahrump: $335,000 vs. $376,750 (−11.1%), 45 sales
Why the swings? A monthly median moves with the mix of homes that close. MacDonald Highlands had just 3 sales in September, and several areas are being compared with a strong September 2025 (Summerlin’s median was $834,500 then, after $785,000 in August 2025). Look at the direction over several months, or ask Antonio for a report on your street.
What it means if you are buying
More homes without offers and a longer supply give buyers room to compare, negotiate and ask for repairs or credits, especially on homes that have been on the market for a few weeks. Rising mortgage rates are the other side of that, so line up your financing before you shop.
Well-priced homes still move: three out of four homes sold within 60 days in September. If a home fits, a clean, well-prepared offer matters more than waiting for a price drop the numbers do not show.
What it means if you are selling
With prices flat and more competition on the market, pricing and presentation do the heavy lifting. Buyers are comparing more homes before they commit, so a price based on recent nearby sales, strong photography and a Snow Tour video help a home stand out from day one.
Every neighborhood moves differently
A citywide median blends condos near the Strip with guard-gated estates, so your street can look very different from the headline. For a closer look, explore the Summerlin, Henderson, Southern Highlands and Lake Las Vegas guides, or ask Antonio for a neighborhood-level report.
Get your own numbers
Want the numbers for your neighborhood or your home? Call or text Antonio Snow at 702-913-8442 or email antonio@snowgrouplv.com. What’s my home worth?
Sources
Statistics are from Las Vegas Realtors’ September 2026 report as published by the source above and cover Southern Nevada MLS sales. They are not a valuation of any specific property.
Neighborhood figures: Las Vegas REALTORS® MLS (Matrix) statistics for single-family homes, pulled by Antonio Snow on October 7, 2026. Communities are as defined in the MLS. Summerlin includes Summerlin North, South and West, Summerlin Hills and The Ridges; Green Valley includes Green Valley Ranch and Green Valley South; Seven Hills & Anthem includes Anthem Country Club and Anthem Highlands; Southwest Las Vegas is Mountains Edge, Rhodes Ranch, Highlands Ranch and Southwest Ranch; Henderson is ZIP codes 89002, 89011, 89012, 89014, 89015, 89044, 89052 and 89074; Pahrump is 89041, 89048, 89060 and 89061. Information deemed reliable but not guaranteed.
Antonio Snow, REALTOR® | Coldwell Banker Premier Realty | Nevada License S.0187906 | 702-913-8442 | antonio@snowgrouplv.com
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