13 cities with year-over-year price decreases
-38.5%
Biggest Drop
-6.6%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Laughlin | -38.5% | $181K | 55 days | 10.9 mo |
| 2 | Carson City | -11.2% | $468K | 54 days | 3.0 mo |
| 3 | Indian Hills | -10.7% | $536K | 64 days | 3.6 mo |
| 4 | Elko | -5.3% | $377K | 36 days | 3.4 mo |
| 5 | Pahrump | -5.0% | $395K | 97 days | 8.8 mo |
| 6 | Spring Valley | -4.4% | $430K | 60 days | 4.8 mo |
| 7 | Cold Springs | -3.1% | $427K | 99 days | 2.6 mo |
| 8 | Las Vegas | -2.4% | $439K | 73 days | 3.7 mo |
| 9 | Henderson | -1.8% | $484K | 74 days | 3.6 mo |
| 10 | Sparks | -1.1% | $500K | 56 days | 1.8 mo |
| 11 | Enterprise | -1.0% | $475K | 76 days | 4.1 mo |
| 12 | Fallon | -0.7% | $330K | 80 days | 2.3 mo |
| 13 | Spring Creek | -0.0% | $400K | 71 days | 3.7 mo |
13 cities in Nevada are experiencing year-over-year price declines. The largest drop is in Laughlin at -38.5%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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