Las Vegas Housing Market Update 2025. Wells fargo’s report said a “slowing labor market is the latest housing market headwind” as las vegas employers have reduced headcounts for six consecutive months as of november 2024. The las vegas rental market has seen rents of single family residences increased almost 40% from 2019 to 2022.

The las vegas housing market is somewhat competitive. The las vegas housing market is poised for a dynamic year in 2025, marked by a mixture of challenges and opportunities that will shape the choices of homeowners, buyers, and investors.