Nevada ranks at 43 out of 100 against 51 states, based on how often homes sold above list, how close to list they sold, how fast they sold, supply and price drops.
The numbers
| March–May 2026 | A year earlier | Change | |
|---|---|---|---|
| Homes sold above list price | 20% | 19% | +0.7 pts |
| Average sale-to-list ratio | 98.3% | 98.4% | −0.0 pts |
| Median days on market | 57 | 49 | +8 |
| Months of supply | 3.6 | 3.8 | −3.6% |
| Listings with a price drop | 25% | 26% | −0.5 pts |
| Median sale price | $472,509 | $466,170 | +1.4% |
| Median price per sq ft | $267 | $269 | −1.0% |
| Homes sold | 11154 | 11004 | +1.4% |
The trend
Cities and towns in Nevada
| City | Heat score | ZIP codes |
|---|---|---|
| Sun Valley | 62 · Hot | 1 |
| Sparks | 50 · Warm | 2 |
| Dayton | 47 · Warm | 1 |
| Spanish Springs | 47 · Warm | 1 |
| Reno | 45 · Warm | 10 |
| Indian Hills | 44 · Warm | 1 |
| North Las Vegas | 42 · Warm | 8 |
| Carson | 42 · Warm | 3 |
| Sunrise Manor | 41 · Warm | 2 |
| Johnson Lane | 39 · Balanced | 1 |
| Whitney | 34 · Balanced | 1 |
| Las Vegas | 29 · Balanced | 17 |
| Enterprise | 26 · Balanced | 4 |
| Henderson | 25 · Balanced | 9 |
| Spring Valley | 24 · Balanced | 6 |
| Moapa Valley | 24 · Balanced | 1 |
| Paradise | 23 · Balanced | 7 |
| Boulder City | 21 · Balanced | 1 |
| Pahrump | 20 · Balanced | 3 |
| Incline Village | 15 · Cool | 2 |
| Kingsbury | 14 · Cool | 2 |
| Mesquite | 13 · Cool | 2 |
All 34 places, A to Z
Amargosa Valley
Blue Diamond
Boulder City
Carson
Crystal Bay
Dayton
Enterprise
Glenbrook
Henderson
Incline Village
Indian Hills
Indian Springs
Johnson Lane
Kingsbury
Las Vegas
Mesquite
Moapa Valley
North Las Vegas
Owyhee
Pahrump
Paradise
Reno
Round Hill Village
Ruth
Silver City
Silver Peak
Silver Springs
Smith Valley
Spanish Springs
Sparks
Spring Valley
Sun Valley
Sunrise Manor
Whitney
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Methodology
The heat score ranks an area against every other area of the same kind (ZIP codes against ZIP codes, cities against cities, states against states) on five measures from Redfin’s Data Center: the share of homes sold above list price (35%), the average sale-to-list ratio (20%), median days on market (20%, fewer is hotter), months of supply (15%, fewer is hotter) and the share of listings with a price drop (10%, fewer is hotter). Each measure is a percentile rank, and the score is their weighted average, from 0 to 100.
Figures cover a trailing three-month window, weighted by sales, and are compared with the same three months a year earlier: a single month in a small ZIP code can be a handful of sales. An area needs at least 30 sales in the last 12 months, 10 in the window, and the three core measures to be scored. Redfin doesn’t publish months of supply or price drops for ZIP codes, so ZIP scores use the measures available. City figures come from Redfin’s own city series where it publishes one, and otherwise from a sales-weighted roll-up of the city’s ZIP codes. ZIP codes are assigned to cities using the Census Bureau’s 2020 ZIP-to-place, town and county relationships, and named with the Postal Service’s city names from HUD’s crosswalk.
BindingOffers, “How hot is the Nevada housing market? (May 2026)”, using data provided by Redfin, a national real estate brokerage. https://bindingoffers.com/market-pulse/nv