Market Updates · April 2026
Las Vegas Market Update: April 2026
By Matthew Gambill, Broker-Owner
This update covers Las Vegas data for April 2026. Report released .
Fewer single-family homes closed in Las Vegas in April 2026. Single-family closings fell 7.8%, to 2,110 from 2,288 in March (Las Vegas REALTORS, April 2026). New single-family listings went the other way, up 6.6% to 3,588, and single-family months of supply rose to 3.2 from 2.8.
Sources: Las Vegas REALTORS, April 2026; Zillow Observed Rent Index.
Key Numbers
Figures for April 2026, compared with March 2026 and April 2025.
| Metric | April 2026 | March 2026 | April 2025 | Change from March | Change from a year earlier |
|---|---|---|---|---|---|
| Single-family median sales price | $473,875 | $480,000 | $480,000 | down 1.3% | down 1.3% |
| Single-family homes sold | 2,110 | 2,288 | 2,174 | down 7.8% | down 2.9% |
| Single-family new listings | 3,588 | 3,367 | 3,663 | up 6.6% | down 2.0% |
| Single-family homes for sale without offers | 6,689 | 6,456 | 6,213 | up 3.6% | up 7.7% |
| Single-family months of supply | 3.2 | 2.8 | 2.9 | up 12.3% | up 10.9% |
| Single-family homes sold within 30 days (share) | 56.8% | 54.5% | 60.3% | up 2.3 points | down 3.5 points |
| Condo and townhome median sales price | $290,000 | $295,000 | $302,700 | down 1.7% | down 4.2% |
| Condos and townhomes sold | 533 | 518 | 544 | up 2.9% | down 2.0% |
| Condo and townhome new listings | 1,027 | 1,011 | 1,015 | up 1.6% | up 1.2% |
| Condos and townhomes for sale without offers | 2,580 | 2,568 | 2,390 | up 0.5% | up 7.9% |
| Condo and townhome months of supply | 4.8 | 5.0 | 4.4 | down 2.4% | up 10.2% |
| Condos and townhomes sold within 30 days (share) | 49.2% | 49.8% | 52.9% | down 0.6 points | down 3.7 points |
| Zillow Observed Rent Index (asking rent) | $1,716 | $1,715 | $1,722 | up 0.1% | down 0.4% |
Sources: Las Vegas REALTORS, April 2026 (home sales rows); Zillow Observed Rent Index (rent row).
Single-Family Inventory Rose
Single-family homes for sale without offers rose 3.6% from March, to 6,689, and were up 7.7% from April 2025's 6,213 (Las Vegas REALTORS, April 2026). Single-family months of supply, at 3.2, compared with 2.9 a year earlier. The share of single-family homes sold within 30 days was 56.8%, up 2.3 points from March.
Asking Rents in April
The Zillow Observed Rent Index for the Las Vegas metro was $1,716 in April, up 0.1% from March and down 0.4% from a year earlier. The index measures asking rents across all rental types.
Prices Dipped
The single-family median sales price was $473,875, down 1.3% from $480,000 in both March and April 2025 (Las Vegas REALTORS, April 2026). The condo and townhome median fell 1.7% from March, to $290,000, and was down 4.2% from a year earlier.
Condo and Townhome Activity
Condo and townhome closings rose 2.9%, to 533, and their months of supply eased to 4.8 from 5.0.
A Rent or Sell Snapshot
For owners weighing a sale against a lease, April's single-family median was $473,875 with 3.2 months of supply, and asking rents on the Zillow index were down 0.4% from a year earlier. These are market-wide numbers, so a single home can lease or sell for more or less.
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Frequently Asked Questions
What was the median home price in Las Vegas in April 2026?
It was $473,875 for single-family homes, down 1.3% from a year earlier, according to Las Vegas REALTORS, April 2026. The condo and townhome median was $290,000.
How many homes sold in Las Vegas in April 2026?
According to Las Vegas REALTORS, April 2026, 2,110 single-family homes and 533 condos and townhomes closed.
What was the median rent in Las Vegas in April 2026?
The Zillow Observed Rent Index for the metro was $1,716, down 0.4% from a year earlier.
How many months of supply did Las Vegas have in April 2026?
Single-family homes had 3.2 months of supply and condos and townhomes had 4.8, according to Las Vegas REALTORS, April 2026.
Do these numbers apply to my neighborhood?
Not directly. They're market-wide figures, and results for a single home can differ by neighborhood and by the home itself.
Sources
Las Vegas REALTORS, April 2026: home prices, sales, listings, inventory and months of supply
Zillow Observed Rent Index (ZORI), Las Vegas metro, smoothed and seasonally adjusted: asking rents
Related Reading
About the Author
Matthew Gambill is a Broker-Owner of The Property Management Firm, a Nevada-licensed brokerage that primarily manages long-term residential rentals in Las Vegas, North Las Vegas and Henderson. Meet the brokers.
This is general market information, not financial or legal advice. Market-wide figures can be revised and won't match every home, so talk with a licensed professional about your own situation.
Based on information from the Greater Las Vegas Association of REALTORS® Multiple Listing Service for the period April 1, 2026 through April 30, 2026.
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