Taura Gordon REALTOR®
Monthly Market Update
Southern Nevada Housing Snapshot July 2026
$480,000
Median sale price
Single-family homes
Down 1.0% from a year ago
2,046
Homes sold
Single-family homes
Up 1.2% from a year ago
3.6
Months of inventory
Single-family homes
Up 2.9% from a year ago
7,442
Homes available
Single-family homes
Up 4.1% from a year ago
$290,000
Median sale price
Condos and townhouses
Unchanged from a year ago
541
Homes sold
Condos and townhouses
Down 1.1% from a year ago
Market
Insights
4 market takeaways
- The single-family median sale price was $480,000, down 1.0% from July 2025.
- 2,046 single-family homes sold, up 1.2% from July 2025.
- 7,442 single-family homes were available, up 4.1% from July 2025.
- Single-family inventory stood at 3.6 months at this month's pace of sales.
Source: Las Vegas REALTORS® monthly housing statistics report, July 2026.
By Taura Gordon, REALTOR®, Simply Vegas Real Estate
A median describes the mix of homes that sold in a given month, not the value of any single home.
The read
July 2026 at a glance
In July 2026, the median sale price for single-family homes in Las Vegas was $480,000, a 1.0% decrease from July 2025, according to Las Vegas REALTORS®.
Las Vegas REALTORS® reported 2,046 single-family home sales in Las Vegas in July 2026, a 1.2% increase from July 2025.
Single-family homes in Las Vegas had 3.6 months of inventory in July 2026, a 2.9% increase from July 2025, according to Las Vegas REALTORS®.
For condos and townhouses in Las Vegas, the median sale price in July 2026 was $290,000, unchanged from July 2025, according to Las Vegas REALTORS®.
The full numbers
Every measure, both property types
Single-Family Homes
| Measure | July 2026 | Change from June 2026 | Change from July 2025 |
|---|---|---|---|
| Homes sold | 2,046 | Down 11.1% | Up 1.2% |
| Homes available | 7,442 | Up 4.1% | Up 4.1% |
| Median sale price | $480,000 | Down 2.0% | Down 1.0% |
| Months of inventory | 3.6 | Up 17.2% | Up 2.9% |
Condos and Townhouses
| Measure | July 2026 | Change from June 2026 | Change from July 2025 |
|---|---|---|---|
| Homes sold | 541 | Up 3.8% | Down 1.1% |
| Homes available | 2,719 | Up 1.1% | Up 3.7% |
| Median sale price | $290,000 | Down 0.7% | Unchanged |
| Months of inventory | 5.0 | Down 2.7% | Up 4.8% |
Source: Las Vegas REALTORS® monthly housing statistics report, July 2026. Figures cover Las Vegas, with single-family homes and condos and townhouses reported separately.
Questions
What was the median sale price in the Las Vegas area in July 2026?
$480,000 for single-family homes and $290,000 for condos and townhouses in Las Vegas, according to the Las Vegas REALTORS® report for July 2026. The single-family median was down 1.0% from July 2025.
How many homes sold in the Las Vegas area in July 2026?
2,046 single-family homes and 541 condos and townhouses sold in Las Vegas in July 2026, according to Las Vegas REALTORS®.
How much housing inventory did the Las Vegas area have in July 2026?
Single-family homes had 3.6 months of inventory in July 2026, with 7,442 homes available, according to Las Vegas REALTORS®. Condos and townhouses had 5.0 months of inventory.
What does months of inventory mean?
Months of inventory estimates how long the homes currently for sale would take to sell at the recent pace of sales if no new listings came on the market.
How did the Las Vegas area market compare with a year earlier in July 2026?
Compared with July 2025, the single-family median sale price was down 1.0%, homes sold were up 1.2%, and months of inventory was up 2.9%, according to Las Vegas REALTORS®.
Your next move
Want to know what these figures look like for your home or your search?
I am Taura Gordon, a REALTOR® with Simply Vegas Real Estate. Call or text me and we will look at the sales closest to you.
(725) 222-2940Taura Gordon, REALTOR®, Simply Vegas Real Estate. Nevada Real Estate License S.182696.