Las Vegas home prices fall as mortgage rates creep higher in March; condo prices swing

LAS VEGAS (KLAS) — In a month when the price of everything seemed to be climbing, Las Vegas home prices fell slightly in March, according to a Tuesday report from Las Vegas Realtors (LVR).

The median price of a single-family home — $480,000 — dropped $5,000 (about 1%) compared to March 2025, and about $2,000 compared to February 2026.

Condominiums and townhomes, however, were more unpredictable in March. The media price — $295,000 — dropped nearly $11,500 (3.8%) from a year ago, but increased $10,000 from February. The median price is the one in the middle — half are higher, and half are lower…

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