What Will the Las Vegas Housing Market Look Like in 2026?

By Tania Michaels

Tania Michaels is a seasoned real estate professional with nearly two decades of experience in the field. She began her career as a top loan originator before becoming a key player in land acquisitions, closing over $215M in transactions.

Are you starting to wonder what the housing market will look like next year? In 2025, homebuyers and sellers in Las Vegas are worried about a crash, but they don’t want to miss out on better timing either.

After reviewing current trends and expert forecasts, I noted some key trends that I believe could shape real estate in 2026:

Modest growth, not wild swings in home prices. Don’t expect big drops or jumps. According to Zillow, home prices are expected to rise about 0.4% nationwide from mid-2025 through mid-2026. That’s a slower pace than we’ve seen in the past few years, but still a sign of steady movement rather than a freeze.

In some areas, prices may even cool slightly, especially where affordability has become a challenge. But in growing metros and popular suburban areas, demand remains strong enough to keep values up. The key takeaway? We’re heading toward a more stable market, not a sharp correction or sudden spike.

Inventory and buying power return. Inventory remains tight, but change could be on the way. Many current homeowners are holding on to ultra-low interest rates from years past. But as rates begin to soften, more may feel ready to list. Some forecasts suggest we’ll see gradual growth in new listings as the “lock-in effect” weakens.

For buyers, more inventory means more choices and possibly fewer bidding wars. For sellers, that means standing out will take more than just a listing; it’ll take pricing strategy, prep work, and flexibility. If supply grows while demand remains steady, buyers could finally regain some leverage, especially in markets where listings have been tight for too long.

The 2026 housing market won’t look like the past few years, and that’s a good thing. We’re likely headed into a period of more balance, where buyers and sellers both have room to act. The key will be understanding your timing, your local market, and how national trends might shape your next move.

If you’re planning to buy or sell in 2026, now’s the time to start preparing. Let’s talk about what makes the most sense for you. Call or text me at 702-583-6555, or email me anytime at sales@MichaelsTeam.com for a free consultation. I’m here to help.