In short
The median value of owner-occupied homes in the city of Las Vegas is $458,300, according to the Census Bureau’s 2024 American Community Survey. The Las Vegas–Henderson–North Las Vegas area’s home prices rose 1.8% between the second quarters of 2025 and 2026, per the FHFA House Price Index. Nevada’s Home Is Possible program offers up to 4% or 5% of the loan for down payment help.
How much homes cost in Las Vegas
The Census Bureau’s American Community Survey (ACS) asks owners how much they think their home would sell for. The median of those answers is a useful benchmark, but it is not a sale price: it covers every owner-occupied home, including homes bought long ago. Our page on Nevada home prices explains the method in detail.
| Area | Median value, 2024 (ACS) | Margin of error (90%) |
|---|---|---|
| City of Las Vegas | $458,300 | ±$8,529 |
| Clark County | $451,000 | ±$4,053 |
| Las Vegas–Henderson–North Las Vegas metro area | $451,000 | ±$4,053 |
| Nevada | $455,500 | ±$3,836 |
| United States | $360,600 | ±$618 |
Source: U.S. Census Bureau, ACS 1-Year Estimates 2024, table B25077. The 2025 estimates are scheduled for October 29, 2026. The metro area consists of Clark County alone, so both rows match.
Are Las Vegas prices rising?
The Federal Housing Finance Agency (FHFA) tracks repeat sales of the same single-family homes. Its purchase-only, seasonally adjusted index for the Las Vegas–Henderson–North Las Vegas metro area, published August 25, 2026, shows:
| Area | 1-year change (Q2 2025 to Q2 2026) | 5-year change (Q2 2021 to Q2 2026) |
|---|---|---|
| Las Vegas–Henderson–North Las Vegas metro area | +1.8% | +31.1% |
| Nevada | +2.8% | +28.7% |
| United States | +2.1% | +33.4% |
Source: FHFA House Price Index, quarterly purchase-only files. Changes calculated by Payotte from the published index values.
Prices in the Las Vegas area rose modestly over the past year, after a gain of nearly a third over five years.
Closing costs at the median price
On top of the price, buyers and sellers pay closing costs: lender fees, the appraisal, escrow and recording fees, and title insurance. Several of these depend on the loan and on the providers you choose, so we do not give one total here. For the rules, who pays each item and a worked example, see our guide to closing costs in Nevada. To understand the general fee types, read our guide to closing costs explained.
Property tax in Las Vegas
Property tax in Clark County is explained, with rates and an example for the Las Vegas area, in our Nevada property tax guide; we do not repeat the figures here so that they stay consistent. One local point comes from the Clark County Assessor’s website, read on October 13, 2026: it says that once a property becomes your primary residence, the 3% tax cap is set for all billing years going forward, and that homeowners can correct an incorrect cap until June 30, 2027 for the 2026–2027 year. It also says a change in the ownership on the parcel, such as adding or removing a person on title, can change the cap.
To see how property tax can be paid through your monthly mortgage payment, read our guide to escrow accounts.
Transfer tax in Las Vegas
Our page on transfer tax in Nevada explains the transfer taxes that apply to a Las Vegas sale, including who pays them. We do not repeat the rates here.
Help for Las Vegas buyers
Nevada’s Home Is Possible programs are statewide, so they apply to Las Vegas. According to the Nevada Housing Division:
- First-time buyers can get up to 4% of the loan; in Clark County the income limit is $105,500 for one or two people (June 15, 2026 limits) and the price limit is $566,354.
- Not first-time buyers can use Home Is Possible for up to 5%, with income up to $165,000 and a price up to $832,750.
- Clark County’s Welcome Home Community Land Trust expects to open applications in the fall of 2026.
- The City of Las Vegas Housing Services page lists repair and rehabilitation programs for residents inside city limits and no buyer assistance program. Its programs are open only to residents who live within the city of Las Vegas jurisdiction, and the city says to call 702.229.7444 to find out which jurisdiction a home is in.
The details are in our Nevada first-time buyer programs guide.
Nevada guides for Las Vegas buyers
Frequently asked questions
What is the median home price in Las Vegas?
The Census Bureau’s 2024 American Community Survey puts the median value of owner-occupied homes in the city of Las Vegas at $458,300 (±$8,529). This is what owners think their home is worth, not the median sale price of recent sales.
Are home prices in Las Vegas going up?
According to the FHFA purchase-only index, prices in the Las Vegas–Henderson–North Las Vegas metro area rose 1.8% between the second quarter of 2025 and the second quarter of 2026. Over five years, they rose 31.1%.
Is there down payment help in Las Vegas?
Yes, through the Nevada Housing Division’s Home Is Possible programs, which give up to 4% of the loan to first-time buyers and up to 5% to other buyers. Clark County’s land trust program expects to open applications in fall 2026.
Does a tax cap apply to my Las Vegas home?
The Clark County Assessor says the 3% cap is set once a property becomes your primary residence, and that you can correct an incorrect cap. Check your parcel with the Assessor.
Is the Las Vegas area the same as Clark County?
For the Census Bureau’s metro area, yes: the Las Vegas–Henderson–North Las Vegas metro area is Clark County alone, and both show a median value of $451,000. The city of Las Vegas is only part of the county.
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
- Home prices in Nevada and Las Vegas: median value and trend
- 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
- Table B25077, Median Value (Dollars), ACS 1-Year Estimates 2024 (U.S. Census Bureau) (consulted October 13, 2026)
- 2025 ACS Data Release Schedule (U.S. Census Bureau) (consulted October 13, 2026)
- U.S. House Prices Rise 2.1 Percent Year over Year, Up 0.3 Percent Quarter over Quarter (FHFA, August 25, 2026) (consulted October 13, 2026)
- FHFA House Price Index datasets, quarterly purchase-only indexes (state, metro) (consulted October 13, 2026)
- Home Is Possible (Nevada Housing Division) (consulted October 13, 2026)
- Home Is Possible For First-Time Homebuyers (Nevada Housing Division) (consulted October 13, 2026)
- First-Time Homebuyer Income & Purchase Price Limits, active June 15, 2026 (Nevada Housing Division) (consulted October 13, 2026)
- Community Housing Fund and Welcome Home Community Land Trust (Clark County) (consulted October 13, 2026)
- Housing Services (City of Las Vegas, Neighborhood Services) (consulted October 13, 2026)
- Assessor (Clark County) (consulted October 13, 2026)