Based on new data from the Las Vegas Realtors, local home prices inching closer to record territory in July, with more homes available for sale. LVR reported that the median price of existing single-family homes sold in Southern Nevada in July 2024 was $480,000.

That's up 6.7% from $450,000 in July of 2023. Local home prices are approaching the all-time record of $482,000 set in May of 2022.

The median price of local condos and townhomes sold in July was $296,000, up 8.2% from $273,500 in July 2023. That tops the all-time high of $295,000 set in May and tied in June.

Greater Las Vegas Area Home Sales, Prices Rise in July
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