Las Vegas real estate is poised for a dynamic five-year forecast, with stabilization expected in 2024 due to low interest rates and increased supply moderating price hikes in 2025. Economic growth in 2026 may drive home value appreciation, while 2027 will see a rise in housing options. By 2028, the market may consolidate, stabilizing prices around $475,000. Key factors influencing this market include demographic shifts, economic development, and legislative changes, making it essential for buyers and investors to stay informed.