Is Clark, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Clark has remained a Seller's Market.

Key Takeaway

Clark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clark, NV

How much do homes in Clark, NV cost?

Median Sold Price

$533,218

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,935(+2.3%)

Key Takeaway

Homes in Clark have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Clark was $533,218 in April 2024, up 2.3% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $135K$180K
+33.3%
2 $406.6K$425K
+4.5%
3 $481.7K$495K
+2.8%
4 $610.4K$650.1K
+6.5%
5+ $800K$842.5K
+5.3%

Summary: Clark housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Clark
+2.3%
Henderson
+1.1%
North Las Vegas
-0.7%
Boulder City
-10.4%

Housing Supply in Clark, NV

How many homes are available in Clark, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,5791,720+8.9%

Summary: The Clark real estate market had 1,720 homes for sale in April 2024, a 8.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1112
+9.1%
2 331344
+3.9%
3 633686
+8.4%
4 408446
+9.3%
5+ 196232
+18.4%

Summary: The Clark housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 18.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
363438+20.7%

Asking Price vs. Sold Price

250 Homes Were Sold
Under Asking

105 Homes Were Sold
At Asking

83 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 438 homes were sold or pending in Clark in April 2024, up by 20.7% month-over-month. Of the 438 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.

Days on Market for Clark, NV

How long does it take to sell a home in Clark, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days39 Days-26.0%

Summary: Homes in Clark had an average of 39 days on market in Apr 2024, down by 26% compared to last year.

Breakdown of Home Sale Times

297 Homes Were Sold
Under 30 Days

83 Homes Were Sold
In 30 - 90 Days

58 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clark are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 438 homes were sold in Clark; 68% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Clark, NV

Nearby Markets to Clark, NV

What housing markets are near Clark, NV?