🏠 Buying a house in Nevada | 🏘️ Selling a house in Nevada | 🚚 Moving to Nevada
❓ FAQ | 📊 Methodology
🏡 Home values in Nevada have risen 1.47% over the past year, indicating a buyer's market.
📈 Housing inventory (the total number of homes for sale) stands at 12,236. That's about 5.47 months of inventory, indicating a seller's market.
📊 The sale-to-list price ratio (the percentage of listing price sellers are actually getting) is 98.30%, indicating a seller's market.
How does Nevada compare to the national average?
| Data point | Value | Rank | Compared to national avg |
| Typical home value | $448,321[1] | #14 of 50 states | 19.3% higher |
| Median listing price | $496,889[2] | #16 of 50 states | 12.1% higher |
| Median sale price | $501,900[3] | #16 of 50 states | 14.7% higher |
| 30-year mortgage rate | 6.95%[4] | #15 of 50 states | 0.4% lower |
| Median days on market | 60[5] | #24 of 50 states | 2% longer |
Looking to buy or sell in Nevada?
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Buying a house in the Nevada real estate market
Nevada has an affordability score of 6.6, meaning it takes 6.6 years of the median household income ($76,364) to afford Nevada's median home sale price ($501,900). Because of this, we rank Nevada as the 12th least affordable state for buyers based strictly on prices compared to income.
| Data Point | Value | Rank | Compared to national avg |
| Median sale price | $501,900[6] | #16 of 50 states | 14.7% higher |
| 30-year mortgage rate | 6.95%[7] | #15 of 50 states | 0.4% lower |
| Median household income | $76,364[8] | #22 of 50 states | 0.8% lower |
| Affordability ratio | 6.6 | #39 of 50 states | 17.9% higher |
| Buyers agent commission | 2.82%[9] | #27 of 50 states | 2.7% higher |
Who pays for realtor commission in Nevada?
Real estate agents' commissions are technically the responsibility of their respective clients - buyers pay their agents, and sellers pay theirs. Each party signs a contract with their agent promising to pay. However, sellers usually offer to pay for the buyer's agent so they can more easily afford the home.
Who pays closing costs in Nevada?
Sellers are usually responsible for most closing costs, but some closing expenses fall to the buyer. As a buyer, you'll be expected to pay for the mortgage loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.
Learn more about who pays closing costs in Nevada.
Resources for Nevada home buyers
Preparing to buy in Nevada
Selling a house in the Nevada real estate market
According to our detailed survey of Nevada real estate agents, listing agents (those representing the seller) charge an average commission in Nevada of 2.79%, which is the 11th lowest in the United States. Buyers' agents charge an average commission of 2.82%, which is the 24th highest in the United States.
| Data point | Value | Rank | Compared to national avg |
| Median listing price | $496,889[10] | #16 of 50 states | 12.1% higher |
| Median sale price | $501,900[11] | #16 of 50 states | 14.7% higher |
| Median days on market | 60[12] | #24 of 50 states | 2% longer |
| Buyer's agent commission | 2.82%[13] | #27 of 50 states | 2.7% higher |
| Listing agent commission | 2.79%[14] | #11 of 50 states | 1.8% lower |
Resources for Nevada home sellers
Preparing to sell in Nevada
- Selling a House in Nevada: 8 Simple Steps
- How Long Does It Take to Sell a House in Nevada?
- When Is the Best Time to Sell a House in Nevada?
- Top Real Estate Agents in Nevada
Nevada home selling costs and requirements
Moving to Nevada
According to our recent moving trends survey[15], 7% of Americans indicated that they would choose to move to Nevada if money were no object. Likewise, 14% of survey respondents indicated that they would move to Las Vegas among a choice of America's largest cities.
Here's how Nevada cities rank in a number of our research studies.
| Study | Best Nevada city | Rank |
| Best Pizza Cities[16] | Las Vegas | 18th best |
| Best Coffee Cities[17] | Las Vegas | 9th best |
| Best LGBTQ Cities[18] | Las Vegas | 3rd best |
| Best Bike Cities[19] | Las Vegas | 33rd best |
| Best Commuter Cities[20] | Las Vegas | 25th best |
Where to shop for homes in Nevada
Frequently asked questions
As of October 10, 2025, the median days on market (DOM) in Nevada is 62. On average, it takes about 61 days to sell in Nevada.
Home values have risen in Nevada over the past year. The current median home value is $452,606 and it's projected to decrease by 0.32% in the next year.
As of October 10, 2025, sellers in Nevada are typically getting 98.75% of the list price for their homes.
Methodology
Information on market conditions is based on Zillow data as of August 2025, Realtor.com data as of September 2025, and HouseCanary data as of October 10, 2025, unless specified otherwise.
We gathered our commission rate data from a September 2025 survey of 828 of agents nationwide. The survey asked about standard local rates for both listing and buying agents. To ensure an adequate amount of agent data, these data points are averages based on responses we've received from 42 agents in the Rocky Mountains region.