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 14 Days Ago

Newest Listings in Clark, NV

Nearby Markets to Clark, NV

What housing markets are near Clark, NV?