Las Vegas Real Estate Market Update - November 2025

The Las Vegas real estate market continues to show resilience in November 2025, with steady activity across all price ranges and neighborhoods throughout Las Vegas Valley.

Market Overview

As of November 2025, Las Vegas Valley has experienced moderate price appreciation with increased inventory providing more options for buyers. The market has normalized from rapid growth seen in 2021-2022, with steady appreciation continuing in premium areas like Summerlin (zip codes 89134-89144) and Henderson's Green Valley (89012, 89014).

Key Market Indicators

Inventory Levels: Increased compared to previous years, giving buyers more options across zip codes 89103-89148 (Las Vegas), 89002-89074 (Henderson), and 89030-89086 (North Las Vegas).

Price Trends:

• Summerlin (89134-89144): Average home prices $600,000-$800,000, with luxury properties in The Ridges exceeding $1M
• Henderson (89002-89015): Average prices $500,000-$700,000, with Green Valley and Seven Hills commanding premiums
• North Las Vegas (89030-89086): More affordable options $350,000-$550,000, with newer developments like Skye Canyon (89084) and Centennial Hills (89031) gaining popularity
• Spring Valley (89103-89147): Diverse pricing $400,000-$600,000

Days on Market: Average 30-45 days for well-priced properties. Days on market vary by list price and zip code.

Neighborhood Spotlight

Summerlin Real Estate Market

Summerlin is a master-planned community in the Las Vegas Valley, with listings in zip codes 89134, 89135, 89138, and 89144. The Ridges lists higher-priced homes against Red Rock Canyon.

Henderson Market Trends

Henderson (89002-89015) continues to draw buyers to Green Valley (89012, 89014) and Seven Hills (89052, 89074).

North Las Vegas Growth

North Las Vegas (89030-89086) offers excellent value with newer construction in Skye Canyon (89084) and Centennial Hills (89031), attracting first-time buyers and families.

What This Means for Buyers and Sellers

For Buyers: More inventory means more negotiating power, especially in certain price ranges. Take time to explore different neighborhoods from The Ridges to Skye Canyon.

For Sellers: Proper pricing and staging remain critical. Homes in premium areas like Lake Las Vegas or Macdonald Highlands continue to attract qualified buyers.

Looking Ahead

Market fundamentals remain strong with population growth, diverse job market, and relative affordability compared to California markets. Working with an experienced agent like Dr. Jan Duffy ensures you understand current market conditions specific to your neighborhood.

Contact Dr. Jan Duffy using the office phone in the footer for a personalized market analysis of your Las Vegas Valley neighborhood.