Market Updates · June 2026
Las Vegas Market Update: June 2026
By Matthew Gambill, Broker-Owner
This update covers Las Vegas data for June 2026. Report released .
Single-family closings jumped in Las Vegas in June 2026. Buyers closed on 2,302 single-family homes, up 11.4% from May and up 18.3% from June 2025 (Las Vegas REALTORS, June 2026). Months of supply fell to 3.1, from 3.3 in May and 3.6 a year earlier.
Sources: Las Vegas REALTORS, June 2026; Zillow Observed Rent Index; Shelter Realty, July 9, 2026.
Key Numbers
Figures for June 2026, compared with May 2026 and June 2025.
| Metric | June 2026 | May 2026 | June 2025 | Change from May | Change from a year earlier |
|---|---|---|---|---|---|
| Single-family median sales price | $490,000 | $490,000 | $485,000 | no change | up 1.0% |
| Single-family homes sold | 2,302 | 2,066 | 1,946 | up 11.4% | up 18.3% |
| Single-family new listings | 3,368 | 3,309 | 3,252 | up 1.8% | up 3.6% |
| Single-family homes for sale without offers | 7,147 | 6,784 | 6,992 | up 5.4% | up 2.2% |
| Single-family months of supply | 3.1 | 3.3 | 3.6 | down 5.4% | down 13.6% |
| Single-family homes sold within 30 days (share) | 58.2% | 58.2% | 61.4% | no change | down 3.2 points |
| Condo and townhome median sales price | $292,000 | $295,000 | $305,000 | down 1.0% | down 4.3% |
| Condos and townhomes sold | 521 | 509 | 515 | up 2.4% | up 1.2% |
| Condo and townhome new listings | 907 | 951 | 926 | down 4.6% | down 2.1% |
| Condos and townhomes for sale without offers | 2,690 | 2,639 | 2,564 | up 1.9% | up 4.9% |
| Condo and townhome months of supply | 5.2 | 5.2 | 5.0 | down 0.4% | up 3.7% |
| Condos and townhomes sold within 30 days (share) | 44.1% | 47.2% | 50.7% | down 3.1 points | down 6.6 points |
| Zillow Observed Rent Index (asking rent) | $1,723 | $1,718 | $1,717 | up 0.3% | up 0.3% |
Sources: Las Vegas REALTORS, June 2026 (home sales rows); Zillow Observed Rent Index (rent row).
A Busier Month for Closings
Condo and townhome closings rose too, by 2.4% from May, to 521. New single-family listings came in at 3,368, up 1.8% from May and up 3.6% from a year earlier. The share of single-family homes sold within 30 days held at 58.2%, the same as May.
Single-Family Median Held at $490,000
The single-family median sales price was $490,000 for the second month in a row, up 1.0% from June 2025 (Las Vegas REALTORS, June 2026). The condo and townhome median was $292,000, down 1.0% from May and down 4.3% from a year earlier.
How Much Was for Sale
Inventory without offers rose 5.4% from May, to 7,147 single-family homes, which was 2.2% more than a year earlier. Condo and townhome inventory was 2,690, up 1.9% from May. Condo and townhome months of supply was 5.2, against 5.0 in June 2025 (Las Vegas REALTORS, June 2026).
Rents in June
The Zillow Observed Rent Index for the Las Vegas metro was $1,723, up 0.3% from May and up 0.3% from June 2025. It measures asking rents across all rental types. On the MLS, completed leases had a median of $2,050 in June, per Shelter Realty's rental report, which draws on Las Vegas REALTORS data.
What June Meant for Rental Owners
Owners comparing renting with selling had these June reference points:
A single-family median sales price of $490,000, with 3.1 months of supply.
A median completed lease of $2,050, per Shelter Realty.
Asking rents up 0.3% from a year earlier on the Zillow index.
These are market-wide figures, so a single home can lease or sell for more or less.
How We Work With Owners
We're a broker-owned, Nevada-licensed brokerage that primarily manages long-term residential rentals in Las Vegas, North Las Vegas and Henderson. We screen residents, take care of the day-to-day work and check with you before larger repairs and before renewal terms are set. Professional photographers we hire shoot all of our marketing photos. To talk through your home, Get a Free Rental Analysis. We reply within one business day.
Frequently Asked Questions
What was the median home price in Las Vegas in June 2026?
It was $490,000 for single-family homes, up 1.0% from a year earlier, according to Las Vegas REALTORS, June 2026. The condo and townhome median was $292,000.
How many homes sold in Las Vegas in June 2026?
According to Las Vegas REALTORS, June 2026, 2,302 single-family homes and 521 condos and townhomes closed.
What was the median rent in Las Vegas in June 2026?
Shelter Realty's rental report put the median completed MLS lease at $2,050. The Zillow Observed Rent Index for the metro was $1,723, up 0.3% from a year earlier.
How many months of supply did Las Vegas have in June 2026?
Single-family homes had 3.1 months of supply and condos and townhomes had 5.2, according to Las Vegas REALTORS, June 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, June 2026: home prices, sales, listings, inventory and months of supply
Zillow Observed Rent Index (ZORI), Las Vegas metro, smoothed and seasonally adjusted: asking rents
Shelter Realty, Monthly Las Vegas Rental Report (July 2026), July 9, 2026: median completed lease, from Las Vegas REALTORS data
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 June 1, 2026 through June 30, 2026.
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