Las Vegas Home Prices Hit Record High as Investors Cash Out and Buyers Drive Up Demand

The Las Vegas housing market is showing signs of a comeback, with home prices hitting a record high in November.

The November median list price for existing single-family homes “sold” in Southern Nevada was $488,995, according to Las Vegas RealtorsĀ®. That’s a 1.9% increase from October 2025, when the median list price of single-family homes “sold” was $474,370.

“While nationwide listings are increasing, the Las Vegas real estate market shows signs of normalization and price stability,” Robert Little, real estate agent with The Robert Little Group at Re/Max Advantage in Henderson, NV, tells Realtor.comĀ®…

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