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Tuesday, December 3, 2024

Las Vegas Real Estate Forecast 2021 : What to expect from Las Vegas Housing Market this year

Las Vegas city real estate market report for buying and selling homes with median prices:
“Is it a good time to buy homes in Las Vegas City?” “Does investing in real estate in Las Vegas (Nevada State, Clark County) worth it?” According to our live Forecast System, buying a house in Las Vegas City is a not so good short-term (1-year) investment*. The Las Vegas average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis.
At Citytelegraph.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Las Vegas City in Nevada State, Clark County. If you are looking for homes for sale with good flipping profit, Las Vegas can be a profitable property investment option. The median price of an average house in Las Vegas was 269961 USD on 2021-03-06. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the “Las Vegas” area is 283512 USD by 2026-03-31. For a 5-year investment the profit is expected to be around +5.02% meaning that investing 100000 USD today may yield a profit of 105020 USD by 2026.

Las Vegas City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

Las Vegas City (Nevada State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2021-2027


Questions and Answers about the Las Vegas Housing Market Forecast

How much does an average home cost in Las Vegas today?

The value of an average home (the listing price) in Las Vegas City is 269961 USD.

What is the average price per square foot in Las Vegas City?

According to Citytelegraph, the median price per square foot in Las Vegas City is 150 USD.

Will the median listing price of homes in Las Vegas City grow / rise / go up?

Yes. The Las Vegas home prices may rise from 269961 USD to 272334 USD in one year.

Is it profitable to invest in Las Vegas homes?

Yes. The long-term profit potential is +0.879% in one year.

Will Las Vegas house prices fall / drop?

No.

What is the predicted price of a Las Vegas home in 2026?

The predicted home sales price of a Las Vegas home in 2026 in Las Vegas City is 283512 USD.

What is the predicted price of a Las Vegas home in 2031?

The predicted home sales price of a Las Vegas home in 2031 in Las Vegas City is 298044 USD.

Will real estate prices decrease in Las Vegas?

According to our analysis, it is unlikely to happen.


Short-Term Outlook Based On The Last 12 Months

Las Vegas City is the 8. largest city in the United States, located in Nevada State.

During the last 12 months the real estate prices in ClarkLas Vegas City decreased, looking at the past 12 months.

According to Citytelegraph’s Las Vegas real estate market research, home values will increase in the next 12 months.

Median home values decreased by -5.348% to 269961 USD, between 2020-02-29 and 2021-02-28

The average annual profit of property investment was:

  • 5.05% in 2016
  • 16.25% in 2017
  • 10.61% in 2018
  • 0.668% in 2019
  • -4.355% in 2020
  • -0.640% in 2021

Based on our Las Vegas City real estate market research and report the predicted sales prices will increase by 10.40% in the next 10 years.

Also Read:

New York Real Estate Forecast 2021: What to expect from NY Real Estate Market this year

Over the last 12 months, the value of homes in Las Vegas City fluctuated: increasing 3 times and decreasing 9 times.


Las Vegas Real Estate Price Trends, Housing Market Forecast for next months and years

Date Average price Minimum price Maximum price
Las Vegas Housing Market Forecast with Real Estate Prices for 2021
April 2021  269810  193872  345090
May 2021  269739  197519  342714
June 2021  270075  192779  350142
July 2021  270645  200601  349879
August 2021  270473  193715  340947
September 2021  270816  194971  344391
October 2021  271504  194218  344941
November 2021  272249  196961  339439
December 2021  273084  197920  346307
Las Vegas Housing Market Forecast with Real Estate Prices for 2022
January 2022  272519  200627  352380
February 2022  272823  197177  345168
March 2022  272334  200764  341766
April 2022  272623  193225  354798
May 2022  272513  199846  346718
June 2022  272878  194311  349861
July 2022  273422  197905  345293
August 2022  273229  195885  355741
September 2022  273634  198531  346717
October 2022  274304  203364  351635
November 2022  275084  202212  352248
December 2022  275862  198503  350660
Las Vegas Housing Market Forecast with Real Estate Prices for 2023
January 2023  275217  202135  349871
February 2023  275687  196173  349166
March 2023  275133  206836  354635
April 2023  275436  192943  347560
May 2023  275286  201920  351439
June 2023  275681  198369  350323
July 2023  276198  199391  352187
August 2023  275986  202446  353409
September 2023  276452  205436  351534
October 2023  277105  199620  349734
November 2023  277918  200582  353769
December 2023  278639  201995  353280
Las Vegas Housing Market Forecast with Real Estate Prices for 2024
January 2024  277915  204062  354220
February 2024  278277  203110  349324
March 2024  277914  201364  348134
April 2024  278175  200471  348573
May 2024  278144  200336  355466
June 2024  278450  204737  349992
July 2024  279047  204502  354113
August 2024  278896  206795  363653
September 2024  279178  202508  357082
October 2024  279882  204554  346963
November 2024  280592  205849  359146
December 2024  281482  202593  358157
Las Vegas Housing Market Forecast with Real Estate Prices for 2025
January 2025  281001  205974  359204
February 2025  281139  205338  351324
March 2025  280713  207340  349593
April 2025  280989  211966  357803
May 2025  280918  209516  355043
June 2025  281254  208578  357038
July 2025  281824  207587  359455
August 2025  281651  209795  357373
September 2025  281994  202509  355948
October 2025  282682  206913  359986
November 2025  283427  204200  355404
December 2025  284263  207612  361222
Las Vegas Housing Market Forecast with Real Estate Prices for 2026
January 2026  283698  206666  359893
February 2026  284002  205052  358858
March 2026  283512  206705  358214
April 2026  283802  209559  357327
May 2026  283691  205673  359951
June 2026  284057  212690  360559
July 2026  284600  206351  360889
August 2026  284407  207438  357808
September 2026  284812  212020  358179
October 2026  285483  208515  358160
November 2026  286262  213752  359455
December 2026  287041  213093  361640
Las Vegas Housing Market Forecast with Real Estate Prices for 2027
January 2027  286395  213545  360928
February 2027  286866  210184  364136
March 2027  286311  209271  359867
April 2027  286614  208713  365626
May 2027  286464  208468  359427
June 2027  286860  213114  365864
July 2027  287376  206671  362612
August 2027  287164  214705  361772
September 2027  287631  210835  365965
October 2027  288284  215094  358161
November 2027  289097  212690  363933
December 2027  289817  217081  366961
Las Vegas Housing Market Forecast with Real Estate Prices for 2028
January 2028  289094  214873  361192
February 2028  289456  216371  367200
March 2028  289093  214796  364538
April 2028  289353  213932  361226
May 2028  289322  212451  362010
June 2028  289629  210671  361061
July 2028  290225  215098  369987
August 2028  290075  219315  366894
September 2028  290356  220314  358651
October 2028  291061  212579  360770
November 2028  291770  216793  364085
December 2028  292660  216022  369404
Las Vegas Housing Market Forecast with Real Estate Prices for 2029
January 2029  292179  221068  373430
February 2029  292317  218343  369433
March 2029  291892  212617  366008
April 2029  292167  213369  363168
May 2029  292096  217532  365468
June 2029  292432  216977  365803
July 2029  293002  216639  363336
August 2029  292830  216399  362938
September 2029  293173  218498  366768
October 2029  293861  216742  365669
November 2029  294606  220311  370268
December 2029  295441  225546  372354
Las Vegas Housing Market Forecast with Real Estate Prices for 2030
January 2030  294876  218730  371096
February 2030  295180  219423  369957
March 2030  294691  219651  366724
April 2030  294980  214105  368921
May 2030  294869  215379  363100
June 2030  295235  222763  369754
July 2030  295779  216364  368348
August 2030  295586  213503  372095
September 2030  295990  221999  368850
October 2030  296661  224127  367647
November 2030  297441  228250  373004
December 2030  298219  224729  369603
Las Vegas Housing Market Forecast with Real Estate Prices for 2031
January 2031  297574  218803  366213
February 2031  298044  221911  370654
Edmund Hurtt
Edmund Hurtt
Edmund is an accomplished writer whose diverse portfolio spans across various genres and subjects. With a keen eye for detail and a passion for storytelling, he effortlessly navigates through the realms of fiction, non-fiction, and journalistic pieces. As a regular contributor to City Telegraph, Edmund continues to challenge boundaries and expand horizons.

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