Monthly Market Report
Las Vegas Housing Market Update
August 2026
Single-family homes and condos across Las Vegas, from the Las Vegas REALTORS® monthly report, read in plain English.
By Taura Gordon, REALTOR®, Simply Vegas Real Estate ·
Median sale price
Single-family homes
$475,000
Down 1.0% from August 2025
Homes sold
Single-family homes
1,803
Down 1.7% from August 2025
Months of inventory
Single-family homes
4.2
Up 7.2% from August 2025
At this month's pace of sales
A median describes the mix of homes that sold in a given month, not the value of any single home.
The read
August 2026 at a glance
In August 2026, the median sale price for single-family homes in Las Vegas was $475,000, a 1.0% decrease from August 2025, according to Las Vegas REALTORS®.
Las Vegas REALTORS® reported 1,803 single-family home sales in Las Vegas in August 2026, a 1.7% decrease from August 2025.
Single-family homes in Las Vegas had 4.2 months of inventory in August 2026, a 7.2% increase from August 2025, according to Las Vegas REALTORS®.
For condos and townhouses in Las Vegas, the median sale price in August 2026 was $299,900, a 0.6% increase from August 2025, according to Las Vegas REALTORS®.
The full numbers
Every measure, both property types
Single-Family Homes
| Measure | August 2026 | Change from July 2026 | Change from August 2025 |
|---|---|---|---|
| Homes sold | 1,803 | Down 11.9% | Down 1.7% |
| Homes available | 7,590 | Up 2.0% | Up 5.3% |
| Median sale price | $475,000 | Down 1.0% | Down 1.0% |
| Months of inventory | 4.2 | Up 15.7% | Up 7.2% |
Condos and Townhouses
| Measure | August 2026 | Change from July 2026 | Change from August 2025 |
|---|---|---|---|
| Homes sold | 449 | Down 17.0% | Down 7.4% |
| Homes available | 2,714 | Down 0.2% | Up 6.0% |
| Median sale price | $299,900 | Up 3.4% | Up 0.6% |
| Months of inventory | 6.0 | Up 20.3% | Up 14.5% |
Source: Las Vegas REALTORS® monthly housing statistics report, August 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 August 2026?
$475,000 for single-family homes and $299,900 for condos and townhouses in Las Vegas, according to the Las Vegas REALTORS® report for August 2026. The single-family median was down 1.0% from August 2025.
How many homes sold in the Las Vegas area in August 2026?
1,803 single-family homes and 449 condos and townhouses sold in Las Vegas in August 2026, according to Las Vegas REALTORS®.
How much housing inventory did the Las Vegas area have in August 2026?
Single-family homes had 4.2 months of inventory in August 2026, with 7,590 homes available, according to Las Vegas REALTORS®. Condos and townhouses had 6.0 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 August 2026?
Compared with August 2025, the single-family median sale price was down 1.0%, homes sold were down 1.7%, and months of inventory was up 7.2%, 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.