Las Vegas Housing Market 2025. As a refresher, home price growth hit 4 percent in 2024, up from 1.1 percent in 2023, while average mortgage rates hovered around 6.3 percent, according to realtor.com’s 2025. The las vegas housing market is set for steady growth in 2024 and 2025, with home prices continuing to rise, strong rental demand, and low vacancy rates.

According to projections, home prices may continue to appreciate slightly, but at a much slower pace—around 1% to 2% —primarily. Homes in las vegas receive 2 offers on average and sell in around 44 days.