Henderson’s housing market cooled modestly over the past year, even as the statewide picture remained near flat to slightly positive. Recent closed sale data show Henderson tracking close to Nevada’s overall median price, but with a clearer slowdown in sales activity and longer selling times.
Henderson prices down a touch, market taking longer to move
In October 2025, Henderson homes sold for a median price of $465,000, a 2.9% decline from October 2024. While the price drop is mild, other indicators point to a slower pace. Homes are taking about 67 days to sell, up from 47 days a year ago. Total homes sold in October came in at 457, down from 516 last year. That combination of slightly lower prices, longer time to sell, and fewer transactions signals a market that has moved away from the fast seller dominant conditions of 2021 through 2023. Buyers have more breathing room, and sellers are adjusting expectations.
Nevada statewide prices basically flat, but sales down
Across Nevada, the median sold price in October 2025 was $467,800, up 0.7% year over year. In other words, statewide prices are essentially steady compared with last year, unlike Henderson’s slight dip. Statewide activity, however, looks a lot like Henderson’s slowdown. Nevada recorded 3,238 homes sold in October, down 7.9% year over year. Median days on market statewide rose to 65 days, about two weeks longer than last year. Inventory for sale is also higher, up 14.2% year over year, giving buyers more choices. So even where prices have not fallen, the market is taking longer to clear and buyers are gaining leverage.
How Henderson compares to the rest of the state
Henderson sits in a middle lane for Nevada affordability, and right now it is almost perfectly aligned with the statewide median. Henderson’s median sold price is $465,000, while Nevada’s statewide median is $467,800. That near match is notable because Henderson has historically traded above the state median due to newer housing stock, master planned communities, and strong school zone demand. The fact that Henderson is now slightly below Nevada’s median suggests a bit more softening locally than in some other areas.
Regional context Southern Nevada steady, Northern Nevada pricier
Southern Nevada continues to anchor the market. The Las Vegas area recently posted record high median prices for single family homes in late 2025 even while sales slowed, a sign that limited desirable inventory is still supporting prices. Up north, Reno remains Nevada’s higher priced metro. In October 2025, Reno’s median sold price was about $545,000, down roughly 1% year over year, with homes there also taking longer to sell. That gap reinforces a long running pattern. Reno is more expensive but similarly cooling, while much of Southern Nevada, including Henderson, stays closer to the statewide norm.
What’s driving the shift
Three forces are shaping both Henderson and Nevada right now. Mortgage rates and affordability remain a constraint even with occasional dips, keeping many buyers payment sensitive. More inventory across the state is giving buyers alternatives and pushing sellers to compete on price and concessions. And after several boom years, the market is normalizing. The days of universal bidding wars and sub 30 day sales are largely over, especially for homes above the median.
The bottom line for buyers and sellers
Henderson is not crashing. It is cooling. Prices are only a few percentage points off last year, but the pace of sales has slowed and buyers have more power than they did in 2024. If inventory continues rising statewide, Henderson is likely to remain a balanced leaning buyer market into early 2026, particularly at higher price points. For sellers, realistic pricing and move in ready presentation matter more than ever. For buyers, the window for negotiation on price, repairs, or rate buydowns is wider than it has been in years.
