The Nevada housing market remained relatively stable in July 2026, with single-family home sales holding slightly above last year’s pace despite modest price softening. Inventory continued to build, giving buyers more options while helping the market move toward more balanced conditions.
Key Highlights
- Single-family home sales increased 1.2% year over year to 2,046 units.
- The median single-family home price eased to $480,000, down 1.0% year over year.
- New listings increased 3.3% year over year to 3,349 properties.
- Active inventory (excluding offers) rose 4.1% year over year to 7,442 units.
- Months of supply increased to 3.6 months, indicating a gradual buildup in available inventory.
- Condo and townhome sales declined 1.1% year over year, while median prices remained flat at $290,000.
Nevada’s housing market continues to transition toward greater balance, with inventory levels rising and pricing remaining relatively stable. While the condo and townhome segment continues to experience softer demand, steady single-family home sales suggest buyers remain active despite a less competitive environment than in recent years.
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Market data provided by Signature Real Estate Group
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