Reports  ›  Weekly · 2026-05-24

Nevada real estate — week of May 22, 2026

Nevada's major metros split this week: 2 negative, 1 positive on year-over-year median sale price. Range this week: carson-city at -2.9% YoY to reno at +4.7%.

Headline numbers

Carson City

$513K -2.9%

Las Vegas

$443K -1.4%

Reno

$546K +4.7%

This week's signals

Strength 4 / 5

75 days

Spanish Springs homes taking 75 days to sell — +50.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$350K

Paradise median price -8.4% YoY

Price-per-sqft also -5.5% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

73 days

Carson City homes taking 73 days to sell — +78.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

78 days

Sunrise Manor homes taking 78 days to sell — +56.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$430K

Spring Valley median price -5.0% YoY

Price-per-sqft also -4.2% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$487K

Carson City avg sale price fell back under $500K — now $487K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

$487K

Carson City median price -9.7% YoY

Price-per-sqft also -5.7% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

40 listings

Spanish Springs new listings +57.5% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Nevada.

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