In short
The median value of owner-occupied homes is $455,500 in Nevada and $458,300 in the city of Las Vegas, against $360,600 nationwide (Census ACS 2024). On the FHFA index, Nevada prices up 2.8% and Las Vegas–Henderson–North Las Vegas prices up 1.8% from Q2 2025 to Q2 2026.
What it costs: median value in 2024
| Area | Median value, 2024 | Margin of error (90%) |
|---|---|---|
| United States | $360,600 | ±$618 |
| Nevada | $455,500 | ±$3,836 |
| Las Vegas–Henderson–North Las Vegas metro area | $451,000 | ±$4,053 |
| Clark County | $451,000 | ±$4,053 |
| City of Las Vegas | $458,300 | ±$8,529 |
Source: Census ACS 2024, table B25077; owners’ own estimates, not sale prices.
Three points stand out:
- The Nevada median is $94,900 above the national median.
- The city of Las Vegas sits $2,800 above the Nevada median and $7,300 above the metro area median. The metro area and Clark County return the same figure because the metro area is made up of Clark County alone.
- The margin of error for the city (±$8,529) is wider than for the state, because the sample is smaller. The true city median is very likely between about $449,800 and $466,800.
How prices have moved: the FHFA index
| Area | 1-year change (Q2 2025 to Q2 2026) | 5-year change (Q2 2021 to Q2 2026) |
|---|---|---|
| United States | +2.1% | +33.4% |
| Nevada | +2.8% | +28.7% |
| Las Vegas–Henderson–North Las Vegas metro area | +1.8% | +31.1% |
Source: FHFA HPI, purchase-only, Q2 2026 (release of August 25, 2026); changes by Payotte.
Nevada prices rose faster than the national index over the past year (2.8% against 2.1%), but slower over five years (28.7% against 33.4%). The Las Vegas area kept pace with the nation over five years.
A worked example
A Las Vegas-area home worth $450,000 in Q2 2021 would be about $590,000 in Q2 2026 on the metro index index (+31.1%); over the last year alone it would gain about $10,400 (+1.8%). One home can differ widely.
How to use these figures when buying
Related: Nevada closing costs guide, buying a home in Las Vegas and Nevada first-time buyer programs.
Method and dataset
ACS median value. ACS 1-Year 2024, table B25077. Geographies: United States (0100000US), Nevada (0400000US32), Las Vegas–Henderson–North Las Vegas metro area (310M700US29820), Clark County (0500000US32003), Las Vegas city (1600000US3240000). Read through the data.census.gov API on October 13, 2026.
FHFA index. FHFA HPI (purchase-only, seasonally adjusted), state series (Nevada), metro series (Las Vegas–Henderson–North Las Vegas, NV, CBSA 29820) and U.S. series. Index values used: Nevada 419.89 (Q2 2025), 335.18 (Q2 2021) and 431.51 (Q2 2026); Las Vegas metro 392.75, 305.04 and 399.81; United States 426.58, 326.58 and 435.69.
Frequently asked questions
What is the median home value in Nevada?
Nevada’s 2024 ACS median home value is $455,500 (±$3,836), against $360,600 for the nation: owners’ own estimates, not sale prices.
What is the median home value in Las Vegas?
For the city of Las Vegas, the 2024 ACS median value is $458,300 (±$8,529). Clark County and the Las Vegas–Henderson–North Las Vegas metro area are both at $451,000.
Are Nevada home prices going up or down?
FHFA’s purchase-only index shows Nevada prices rose 2.8% over the year to Q2 2026, and the Las Vegas metro area rose 1.8%. Over five years, they rose 28.7% and 31.1%.
How Nevada compares with the other States
Nevada ranks 11th of 50 for median home value ($455,500), 26% above the national $360,600.
The States closest in median value are Rhode Island ($455,700) and New Hampshire ($458,800). The range runs from $170,800 in West Virginia to $875,900 in Hawaii; Nevada is $116,000 above the middle of that ranking (Wyoming).
On the FHFA index, Nevada prices rose 2.8% over the year to the second quarter of 2026, which places the State 25th of 50, 0.7 points ahead of the national +2.1%. Over five years the gain is +28.7% (39th of 50; nation +33.4%).
Nevada sits in the middle of the pack on at least one of the two measures: 11th for the level, 25th for the one-year change.
Over five years, Nevada's +28.7% annualises to +5.2% a year (nation +5.9%). The latest year (+2.8%) is 2.4 points under that average, a slower pace than the five-year average.
Las Vegas, the main city, has a median of $458,300, 15th of the 49 main cities Payotte covers. That is level with the Nevada median, a premium that ranks 33rd of 49.
The one-year FHFA change runs from -1.2% in New Mexico to +8.3% in Alaska. Nevada (+2.8%) is 5.5 points below the top and 4 above the bottom; Alabama (+2.8%) and Montana (+2.8%) are the nearest to it.
For scale, 20% of the Nevada median is $91,100, against $72,120 at the national median.
Compare with the other states: Median home price by state.
More Nevada guides
- Closing costs in Nevada: what buyers and sellers pay
- Nevada real property transfer tax: $2.55 per $500 in Clark County
- Nevada property tax: the 35% ratio and the 3% cap on your home
- Seller disclosure requirements in Nevada
- Do you need a real estate attorney to close in Nevada?
- Foreclosure process in Nevada: notice, mediation and help
- First-time home buyer programs in Nevada: Home Is Possible
- How to verify a real estate license in Nevada
- Nevada community property and buying a home
Sources
- Census Bureau, ACS 1-Year 2024, table B25077 (consulted October 13, 2026)
- Census Bureau, 2025 ACS release schedule (consulted October 13, 2026)
- FHFA news release, August 25, 2026 (consulted October 13, 2026)
- FHFA HPI datasets (quarterly, purchase-only) (consulted October 13, 2026)