Nevada · as of September 2026
What counts as luxury real estate in Nevada
The convention this site uses
In Nevada, this site treats homes at $1M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Nevada's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month. 1 covered market has no index value and is listed without one.
| Market | Median value | Ranked agents |
|---|---|---|
| Glenbrook | $3,024,000 | 10 |
| Zephyr Cove | $1,544,000 | 10 |
| Incline Village | $1,527,000 | 10 |
| Reno | $495,000 | 12 |
| Henderson | $460,000 | 10 |
| Las Vegas | $410,000 | 9 |
| Summerlin | $250,000 | 10 |
| Lake Las Vegas | — | 11 |
What changes at this price in Nevada
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Nevada's real property transfer tax is $1.95 per $500 of value statewide, and Clark County adds local surcharges that bring Las Vegas area sales to $2.55 per $500, which is 0.51 percent of the price. Source
- Agency and dual agency
- Nevada permits a licensee to act for both buyer and seller only after each party signs the state's Consent to Act form, and every client receives the Duties Owed by a Nevada Real Estate Licensee form. Source
- Seller disclosure
- Nevada sellers must deliver the state's Seller's Real Property Disclosure Form at least 10 days before conveyance, disclosing every defect the seller knows about. Source
- State estate or inheritance tax
- Nevada levies no state estate tax and no inheritance tax, so only the federal estate tax applies to a large estate. Source