Henderson, NV Housing Market Report

The Henderson real estate market is currently undergoing a significant transition toward a buyer-friendly environment as we conclude 2025. With active inventory surging by nearly 20 percent year-over-year to 11,577 units, the previous supply constraints that defined the region have eased considerably. This influx of available homes, combined with a median days on market that has stretched to 78 days—a three-week increase compared to last year—indicates that buyers now have significantly more leverage and time to make informed decisions without the pressure of immediate bidding wars.

Price trends over the last six months reveal a period of stabilization following a minor correction. After a steady decline from July through November, the median home value showed a slight uptick in December to $481,352. While the year-over-year value is down 1.64 percent, the month-over-month data suggests the market may be finding its floor. The sale-to-list ratio remains high at 0.99, suggesting that while buyers have more options, sellers are still successfully pricing their homes close to market expectations, even if it takes longer to secure a contract.

Looking ahead, the Henderson market appears poised for a period of horizontal movement. For sellers, the increased competition means that property condition and realistic pricing are more critical than ever; the days of rapid appreciation have paused. For buyers, the current climate offers a rare window of opportunity to negotiate on terms and repairs, as the rental market has also cooled slightly with a median rent of $1,793. As the Las Vegas-Henderson-Paradise metro area continues to attract new residents, the long-term demand remains intact, but the immediate outlook favors those looking to enter the market with a long-term perspective.