Las Vegas house prices are rising Southern Nevada prices were up 13.5 percent year-over-year in September. Nationally, home prices were up 5.5 percent year-over-year in September. Buyers are pulling back. More than 6,900 Las Vegas houses were on the market without offers at the end of October, up 44 percent year-over-year. Las Vegas home prices have been rising at one of the fastest rates in the country