Las Vegas Valley Real Estate Market Update — November 2025
November 2025 delivered a steady and informative month in the Las Vegas Valley housing market. Seasonal slowdowns typically appear this time of year, but buyer activity remained consistent, pricing stayed stable, and several zip codes continued to outperform the broader region. With 1,384 single-family homes sold across the Valley, November provides a clear picture of what buyers and sellers can expect as we head into the new year.
Key Market Highlights
• Median Sold Price: $492,750
The median sales price dipped slightly due to seasonal factors, but values remained resilient across most sub-markets.
• Average Sold Price: $632,342
Higher-end closings in Summerlin, Henderson, and custom-home communities elevated the average.
• Price Range: $165,000 to $14,250,000
A wide spectrum of homes traded hands—from entry-level single-story homes to high-end luxury estates.
Where Prices Landed in November
The heart of the market remains in the mid-price range:
• $300K–$499K: 49.9% of all sales
• $500K–$749K: 32.2%
• Under $300K: Only 2.1%
• $1M–$2M: 6.3%
• $2M+: 2.2%
Days on Market (DOM)
• Median DOM: 33 days
• Average DOM: 48 days
• 47% of homes sold within the first 30 days
• 71% sold within 60 days
Price Per Square Foot
• Median PPSF: ~$259
• Average PPSF: ~$277
What the “Typical” November Home Looked Like
• 3–4 bedrooms
• Built around 2002
• 1 or 2 stories
• Living area around 1,700–2,300 sq ft
Top-Performing ZIP Codes (By Sales Volume)
1. 89031 – North Las Vegas
Median Price: ~$440,000 | PPSF: ~$233
2. 89011 – Henderson (Cadence / Lake Las Vegas)
Median Price: ~$525,000 | PPSF: ~$248
3. 89141 – Southern Highlands
Median Price: ~$520,397 | PPSF: ~$260
4. 89052 – Henderson (Seven Hills / Anthem)
Median Price: ~$677,500 | PPSF: ~$313
5. 89166 – Northwest (Skye Canyon / Providence)
Median Price: ~$510,000 | PPSF: ~$262
What This Means for Buyers & Sellers
Buyers:
Inventory remains competitive in the mid-range, but patient shoppers will find opportunities—especially in homes on the market 60+ days.
Sellers:
Homes priced right from the start continue to sell quickly, particularly in family-friendly zip codes.
Alpha II Realty Market Insight
The November numbers reinforce the Las Vegas Valley as a market driven by steady demand, diverse neighborhoods, and strong value for buyers and sellers alike. Whether you’re exploring a move, considering an investment property, or tracking the market, Alpha II Realty is here to help you make confident, informed decisions.
Source: MLS November Data