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Housing market in Las Vegas opposite national

Posted at 7:05 AM, Feb 14, 2019
and last updated 2019-02-14 10:05:19-05

LAS VEGAS (KTNV) — A new report from Zillow shows it is now a buyers market in most U.S. cities but not in Las Vegas.

Nationally, there are more than 19,000 homes on the market. That's up more than 1% from a year ago.

In Las Vegas, the supply is still short and prices are still going up.

The median home price in the U.S. is about $225,000 while in Las Vegas it is closer to $300,000.

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