The Nevada housing market continued to moderate in August 2026, with slightly lower home sales and prices compared to a year ago. Inventory continued to build, providing buyers with more options while contributing to a slower-paced and more balanced market environment.
Key Highlights
- Single-family home sales totaled 1,803 units, down 1.7% year over year.
- The median price for single-family homes eased to $475,000 (-1.0%).
- New listings increased 1.4% year over year to 3,238 properties.
- Active inventory (excluding offers) rose 5.3% year over year to 7,590 homes.
- Months of supply increased to 4.2 months, up from approximately 3.9 months a year ago.
- Average single-family home sale prices increased 9.7% year over year to $639,345.
Nevada’s single-family housing market continues to move toward greater balance as inventory grows and sales activity moderates. While median prices softened slightly, continued listing activity and higher average sale prices suggest underlying demand remains present as buyers benefit from increased inventory and negotiating opportunities.
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Market data provided by Signature Real Estate Group
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