Updated June 2026 · Redfin
Las Vegas vs Phoenix: real estate market, June 2026
A side-by-side housing-market snapshot for Las Vegas, NV and Phoenix, AZ for June 2026: median sale price, days on market, inventory and the buyer-vs-seller balance, straight from the Redfin Data Center.
| Metric | Las Vegas, NV | Phoenix, AZ |
|---|---|---|
| Median sale price | $445K ▲ +2.9% | $455K ▲ +1.6% |
| Days on market | 51 ▼ -7.0% | 49 ▼ -3.8% |
| Homes for sale | 8,200 ▼ -7.2% | 12,400 ▼ -3.3% |
| Sale-to-list | 98.3% ▲ +1.0% | 98.0% ▲ +0.6% |
| Months of supply | 4.3 ▼ -5.8% | 4.0 ▼ -3.2% |
| Homes sold | 2,120 ▲ +2.6% | 3,240 ▲ +1.4% |
Figures from Redfin Data Center. Verify against your MLS before posting.
The verdict
As of June 2026, Las Vegas is the more affordable of the two at a $445,000 median sale price, about 2% below Phoenix ($455,000). Phoenix is the faster-moving market, with homes going under contract in about 49 days versus 51 in Las Vegas.
Which market fits your client?
For buyers, Las Vegas offers a little more breathing room, with 4.3 months of supply against 4.0 in Phoenix, which usually means less bidding pressure. For sellers, Phoenix is the tighter market, with a 98.0% sale-to-list ratio. On price momentum, Las Vegas is appreciating faster (+2.9% vs +1.6% year over year).
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Full Las Vegas and Phoenix market updates
Frequently asked
- Is Las Vegas or Phoenix more affordable?
- As of June 2026, Las Vegas is the more affordable market at a $445,000 median sale price, about 2% below Phoenix ($455,000), per the Redfin Data Center.
- Which market moves faster, Las Vegas or Phoenix?
- Phoenix moves faster: a typical listing goes under contract in about 49 days, versus 51 days in Las Vegas (June 2026).
- Is Las Vegas or Phoenix better for buyers right now?
- Las Vegas gives buyers a little more room, with 4.3 months of supply versus 4.0 in Phoenix. More months of supply usually means less competition and more negotiating leverage for buyers.
- Where do these Las Vegas and Phoenix numbers come from?
- Both metros draw on the Redfin Data Center, refreshed monthly. LOKAL turns the figures into a ready-to-post carousel, story and square for either city. LOKAL is not affiliated with Redfin; always verify against your local MLS before quoting figures to clients.
Data: Redfin · Redfin Data Center. Figures are metro-level snapshots, not valuations for a specific home.